
Cheap Homes for Rent in Yelm, WA from $1,400 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Yelm.


9734 62nd Ave SE
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.

9023 Steilacoom Rd SE

725 Edelweiss Ln SE
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.

211 Jefferson Ave NW
Yelm, WA Local Guide

How much does it cost to rent a home in Yelm?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Yelm 3 Bedroom Homes for Rent | $2,642 | $2,000 | $3,000 |
| Yelm 4 Bedroom Homes for Rent | $3,007 | $2,650 | $3,210 |
| Yelm 6 Bedroom Homes for Rent | $3,800 | $3,800 | $3,800 |
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Yelm, WA Local Guide
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Cheapest Neighborhoods for Apartments in Yelm, WA
Pricing Updated: 08/22/2026Current apartment rentals in the Yelm, WA area range in price from $2,199 to $3,200 with an overall median price of $2,799. 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 | $2,799 | $2,199 | 17 |
Cheapest Available Yelm Apartments for Rent
 The cheapest available apartment rental in Yelm, WA is a 1 Bed unit found at Lacey Park Apartments in the Avonlea neighborhood priced from $1,400. Hawks Prairie Apartments in the Hawks Prairie neighborhood has the second lowest priced unit, which is a 1 Bed 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 |
|---|---|---|---|
| Lacey Park Apartments | Studio | 1BR,1BA | $1,400 |
| Hawks Prairie Apartments | 1 BR/ 1 BA | 1BR,1BA | $1,400 |
| Carpenter Crest | 1X1 - 563 SQ. FT. | 1BR,1BA | $1,420 |
Best Value Apartments for Rent in Yelm, WA
As of August 23, 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 |
| The Dakota | 2 Bed 2 Baths | 2BR,2BA | $1.72 |
| Capitol City Apartments | 2 x 2 | 2BR,2BA | $1.72 |
| The Madison | Madison | 2BR,1BA | $2.12 |
| Chambers Crest | 2x1 | 2BR,1BA | $1.83 |
| Abbey Rowe Apartments | Soho | 1BR,1BA | $2.10 |
| Wyndstone Apartments | A1 | 1BR,1BA | $2.09 |
| Ridgeline Apartments | 1 Bedroom | 1BR,1BA | $2.13 |
| 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 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.
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Best Local Schools in Yelm, WA
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Frequently Asked Questions about Yelm
What type of rentals are currently available in Yelm?
There are currently 55 Apartments for Rent in Yelm, WA with pricing that ranges from $1,315 to $5,700. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Yelm ranging from $1,400 to $3,800.
What is the current price range for Rental Homes in Yelm?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Yelm ranges from $1,400 to $3,800 with an average monthly rent of $2,777.
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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.