Cheap Apartments for Rent in Olympia, WA
245 rentals
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SPECIAL OFFERPET FRIENDLY$1,250 - $2,250/mo
Studio-2 Beds
1-2 BathsMarket Flats Apartment Building | 310 Capitol Way N,
Olympia, WA 98501
APPLY INSTANTLY
PET FRIENDLYINCOME RESTRICTED
SPECIAL OFFERPET FRIENDLY
NEW - 2 DAYS AGOSPECIAL OFFERPET FRIENDLY
NEW - 2 DAYS AGOPET FRIENDLYFURNISHEDINCOME RESTRICTED
PET FRIENDLY$1,293 - $1,540/mo1-2 Beds1 BathLARC at Olympia (Senior Housing 62+) | 3600 Forestbrooke Way SW,
Olympia, WA 98502
PET FRIENDLY$1,295 - $1,375/mo1 Bed1 BathEvergreen Park Apartments in Olympia! | 2121 Evergreen Park Dr SW,
Olympia, WA 98502
SPECIAL OFFERPET FRIENDLY
PET FRIENDLY
PET FRIENDLY
SPECIAL OFFERPET FRIENDLYINCOME RESTRICTED$1,299 - $1,499/moStudio-1 Bed1 BathThe Gibson Apartment Homes | 505 Union Ave SE,
Olympia, WA 98501
SPECIAL OFFERPET FRIENDLY$1,300 - $1,625/moStudio-1 Bed1 BathThe Malt House Apartment Homes | 505 Legion Way SE,
Olympia, WA 98501
SPECIAL OFFERPET FRIENDLY
APPLY INSTANTLY
PET FRIENDLY
SENIOR HOUSINGINCOME RESTRICTED- SENIOR HOUSINGINCOME RESTRICTED
PET FRIENDLY
APPLY INSTANTLY
PET FRIENDLY
$1,325 - $1,495/mo1 Bed1 BathCedar Pointe Apartments - Live Close to It All, in a Place That Feels Like Home | 711 13th Ave SE,
Olympia, WA 98501
NEW - 1 DAY AGOPET FRIENDLY
NEW - 10 HRS AGOAPPLY INSTANTLYFURNISHEDROOM FOR RENT
NEW - 1 DAY AGOAPPLY INSTANTLY
SENIOR HOUSINGINCOME RESTRICTED- SENIOR HOUSINGINCOME RESTRICTED
PET FRIENDLY
PET FRIENDLY- SENIOR HOUSINGINCOME RESTRICTED
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Average Rent Trends in Olympia, WA
Rent in Olympia, WA varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Sep 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,950 |
| Nov 2025 | $1,950 |
| Dec 2025 | $1,895 |
| Jan 2026 | $1,858 |
| Feb 2026 | $1,890 |
| Mar 2026 | $1,995 |
| Apr 2026 | $1,995 |
| May 2026 | $1,939 |
| Jun 2026 | $1,856 |
| Jul 2026 | $1,850 |
| Aug 2026 | $1,866 |
| Sep 2026 | $1,882 |
Average Rent By Bedroom and Home Type
In September 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,450 | $1,850 | $2,600 | $3,085 | $1,869 |
| Townhomes | $1,400 | $1,995 | $2,400 | — | $2,150 |
| Apartments and Condos | $1,369 | $1,694 | $2,450 | — | $1,450 |
| Houses | $1,800 | $2,200 | $2,800 | $3,095 | $2,800 |
Frequently Asked Questions about Rentals in Olympia, WA
- What is the average rent of an apartment in Olympia, WA?The average rent of an apartment in Olympia, WA is $1,860 per month. This is about 5% lower than the national average.
- What are the cheapest months to find an apartment to rent in Olympia, WA?Last year, the cheapest month to find an apartment to rent was May 2025 when it was $1,650 per month.
- How many cheap apartments are available in Olympia, WA?There are 118 apartments to rent that are cheaper than the city’s average rent of $1,869.
- When is the average rent most expensive in Olympia, WA?In the last year, the average rent in Olympia, WA was highest in Aug 2025 when it was $1,999 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Olympia, WA?The average rent of a 1 bedroom apartment in Olympia, WA is $1,450 per month. That is about $130 more than the cost of a studio apartment.
- What are some neighborhoods in Olympia, WA?Some neighborhoods in Olympia, WA include: South Westside, Downtown, North East, Eastside, Mapleview.
- What are some zip codes in Olympia, WA?
- What are some cities near Olympia, WA?Some nearby cities include: Tumwater, Lacey, Nisqually Indian Community, Dupont, Tenino. These cities may have more rental options to explore.
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