
Cheap Apartments for Rent in Yelm, WA from $1,315 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in Yelm.


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Wyndstone Apartments

Tustin Apartment Homes

304 Longmire St SE

Tahoma Terrace Apartments

Yelm Creek Apartments

314 Washington Ave

17805 Overlake Ct SE

1310 Sprague St NW
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Crystal Springs Apartments

Nisqually Landing Apartments

The Timbers Apartments

Emerald Greens

629 Apartments

Hawks Prairie Apartments

Lacey Park Apartments

Carpenter Crest

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Martingale Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Total Monthly Price
Britton Place

Total Monthly Price
The Marq on Martin

Total Monthly Price
Callen

Lakeview Village

Total Monthly Price
Toscana Apartment Homes

Wilderness West Apartments

Chambers Crest

Total Monthly Price
Smyth

Hogum Bay Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Pacific Place Apartments

Sunset Gardens

Abbey Rowe Apartments

Crescent Point

The Tilden

Trax at DuPont Station

The Madison

Karlo Apartments

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The Dakota
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.

The Vicara Apartments & Townhomes

Tanglewood Apartments

Firwood Grove Apartment LLC

183 Veranda Ln SE

748 Old Pacific Hwy SE

The Lodge

Regency Apartments

9734 62nd Ave SE

Meadowscape
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.

Olympus Court Apartments
Yelm, WA Local Guide

How much does it cost to rent an apartment in Yelm?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Yelm Studio Apartments | $2,135 | $1,399 | $3,725 |
| Cheap Yelm 1 Bedroom Apartments | $1,891 | $1,315 | $4,800 |
| Cheap Yelm 2 Bedroom Apartments | $2,173 | $1,475 | $5,700 |
| Cheap Yelm 3 Bedroom Apartments | $2,496 | $2,015 | $2,925 |
| Cheap Yelm 4 Bedroom Apartments | $3,045 | $3,045 | $3,045 |
Browse Top Apartments in Yelm
See all Apartments in YelmExplore Yelm
Yelm, WA Local Guide
- Yelm Neighborhoods
- Nearby Cities
- ZIP codes
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Cheapest Neighborhoods for Apartments in Yelm, WA
Pricing Updated: 09/08/2026Current apartment rentals in the Yelm, WA area range in price from $1,600 to $3,499 with an overall median price of $2,800. Here is today’s list neighborhoods with the lowest median pricing for Yelm Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Tahoma Meadow | $2,800 | $1,600 | 13 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Timbers Apartments | 1 Bedroom | 1BR,1BA | $1,315 |
| Lacey Park Apartments | Studio | Studio,1BA | $1,400 |
| Hawks Prairie Apartments | 1 BR/ 1 BA | 1BR,1BA | $1,400 |
| Carpenter Crest | 1X1 - 563 SQ. FT. | 1BR,1BA | $1,420 |
| Martingale Apartments | Studio S1 | Studio,1BA | $1,497 |
| 629 Apartments | 629b1 | 1BR,1BA | $1,499 |
| Britton Place | PLAN A - STUDIO | Studio,1BA | $1,501 |
| The Marq on Martin | S1 | Studio,1BA | $1,543 |
| Ridgeline Apartments | 1 Bedroom | 1BR,1BA | $1,558 |
| Wyndstone Apartments | A1 | 1BR,1BA | $1,595 |
Best Value Apartments for Rent in Yelm, WA
As of September 08, 2026 the best value apartment in the Yelm area is the $1.87 price per square foot two bedroom Model at Pacific Place Apartments in the in the Lexington neighborhood starting from $2,200. The second greatest value Yelm apartment is the D1 Model at Nisqually Landing Apartments starting at $2,195 with a $1.93 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pacific Place Apartments | two bedroom | 2BR,1BA | $1.87 |
| Nisqually Landing Apartments | D1 | 3BR,2BA | $1.93 |
| Meadowscape | 2x2 - D1 | 2BR,2BA | $1.95 |
| Crystal Springs Apartments | 2BR/2.0BA | 2BR,2BA | $1.63 |
| The Dakota | 2 Bed 2 Baths | 2BR,2BA | $1.96 |
| The Tilden | Leaf | 2BR,1BA | $2.09 |
| Chambers Crest | 2x2 | 2BR,2BA | $1.83 |
| The Madison | Adams | 1BR,1BA | $2.13 |
| Wyndstone Apartments | A1 | 1BR,1BA | $2.02 |
| Hawks Prairie Apartments | 1 BR/ 1 BA | 1BR,1BA | $2.00 |
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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
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.
Best Local Schools in Yelm, WA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Yelm, WA Rentals by Map
See the most popular apartments and homes in Yelm, WA
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 $1,650 at Chambers Crest.
What is the most affordable Yelm Three Bedroom Apartment?
The best deal on a cheap Yelm Three Bedroom Apartment rental is at Ridgeline Apartments and starts from $1,920.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.