Cheap Apartments for Rent in Yelm, WA from $900 (48 Rentals)

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Search the lowest-cost Apartments available for rent right now in Yelm.

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Yelm Creek Apartments
1 to 2 Bedroom Apartments

Yelm Creek Apartments

16516 Creek Ln SEYelm, WA 98597
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314 Washington Ave
2 Bedroom Apartments

314 Washington Ave

314 Washington Ave SWYelm, WA 98597
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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Britton Place
Rent Specials
$1,486 - $4,295
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$1,486 - $4,295
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Studio to 3 Bedroom Apartments Available Now

Britton Place

6655 Britton Pky NELacey, WA 98516
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Smyth
$1,533 - $2,775
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$1,533 - $2,775
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1 to 3 Bedroom Apartments Available Now

Smyth

3425 Polo Club Ln SEOlympia, WA 98501
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Callen
Rent Specials
$1,577 - $2,218
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$1,577 - $2,218
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1 to 2 Bedroom Apartments Available Now

Callen

1404 Brittany Ln NELacey, WA 98516
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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The Dakota
$1,988 - $2,206
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$1,988 - $2,206
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1 to 2 Bedroom Apartments Available Now

The Dakota

6205 Pacific Ave SELacey, WA 98503
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Emerald Greens
1 to 2 Bedroom Apartments

Emerald Greens

7917 Martin Way ELacey, WA 98503
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Tanglewood Apartments
Studio to 2 Bedroom Apartments

Tanglewood Apartments

7817-7831 Samurai Dr SEOlympia, WA 98503
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Meadowscape
Studio to 2 Bedroom Apartments

Meadowscape

7641 3rd Way SELacey, WA 98503
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Regency Apartments
Studio to 2 Bedroom Apartments

Regency Apartments

1255 McDaniel Ln SELacey, WA 98503
Corporate Housing

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-48, Page 1 of 1

Yelm, WA Local Guide

Cheapest Neighborhoods for Apartments in Yelm, WA

Pricing Updated: 04/22/2026

Current apartment rentals in the Yelm, WA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Yelm Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Tahoma Meadow$2,095$98926

Cheapest Available Yelm Apartments for Rent

 

The cheapest available apartment rental in Yelm, WA is a 1 Bed unit found at The Timbers Apartments in the Avonlea neighborhood priced from $1,315. Lacey Park Apartments in the Avonlea neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,400. Here is today’s list of the most affordable Yelm apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Timbers Apartments1 Bedroom1BR,1BA$1,315
Lacey Park ApartmentsStudioStudio,1BA$1,400
Hawks Prairie Apartments1 BR/ 1 BA1BR,1BA$1,400
Carpenter Crest1X1 - 563 SQ. FT.1BR,1BA$1,420
Britton PlacePLAN A - STUDIOStudio,1BA$1,486
Lakeview VillageStudioStudio,1BA$1,499
Smyth3x23BR,2BA$1,533
The Marq on Martin ApartmentsS1Studio,1BA$1,555
The MadisonAdams1BR,1BA$1,585
Capitol City Apartments1 x 11BR,1BA$1,600

Best Value Apartments for Rent in Yelm, WA

As of April 22, 2026 the best value apartment in the Yelm area is the $1.57 price per square foot 3 Bd / 3 Ba + 1-Car Garage Model at Chambers Reserve Townhomes in the in the Avonlea neighborhood starting from $2,495. The second greatest value Yelm apartment is the 3BR/2.5BA Model at Leah's Landing starting at $2,699 with a $1.80 price per square foot in the Tahoma Meadow neighborhood. Here is today’s list of the best values for Yelm apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Chambers Reserve Townhomes3 Bd / 3 Ba + 1-Car Garage3BR,3BA$1.57
Leah's Landing3BR/2.5BA3BR,2.5BA$1.80
Wyndstone ApartmentsB22BR,2BA$1.76
Crescent Point2x22BR,2BA$1.73
Callen2x2 TMR 10602BR,2BA$1.82
Abbey Rowe ApartmentsYork2BR,1BA$1.88
Wilderness West Apartments2B 1.5B2BR,1.5BA$1.81
Pacific Place Apartmentsone bedroom w/ den1BR,1BA$1.75
Regency Apartments1B 1B1BR,1BA$1.75
The MadisonAdams1BR,1BA$1.80

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Frequently Asked Questions about Cheap Yelm Apartments

What is the Cheapest Studio apartment in Yelm?

Currently the most affordable Cheap Studio Apartment in Yelm is at Lacey Park Apartments listed at $1,400.

How much is rent for a Cheap One Bedroom Yelm Apartment?

The lowest price for a Cheap One Bedroom Yelm Apartment is $1,315 at The Timbers Apartments.

What is the lowest price for a Cheap Two Bedroom Yelm Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Yelm is starting from $1,455 at The Timbers Apartments.

What is the most affordable Yelm Three Bedroom Apartment?

The best deal on a cheap Yelm Three Bedroom Apartment rental is at Smyth and starts from $1,533.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.