Cheap Apartments for Rent in Olympia, WA
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SPECIAL OFFERPET FRIENDLYINCOME RESTRICTED$1,199 - $1,525/mo
Studio-1 Bed
1 BathThe Gibson Apartment Homes | 505 Union Ave SE,
Olympia, WA 98501
SENIOR HOUSINGINCOME RESTRICTED- SENIOR HOUSINGINCOME RESTRICTED
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APPLY INSTANTLYPET FRIENDLY
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SPECIAL OFFERPET FRIENDLY$1,293 - $1,540/mo1-2 Beds1 BathLARC at Olympia (Senior Housing 62+) | 3600 Forestbrooke Way SW,
Olympia, WA 98502
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NEW - 8 HRS AGOAPPLY INSTANTLYPET FRIENDLY
NEW - 1 DAY AGOPET FRIENDLY
PET FRIENDLY- SENIOR HOUSINGINCOME RESTRICTED
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- SENIOR HOUSINGINCOME RESTRICTED
- 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 Jul 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Aug 2025 | $1,999 |
| Sep 2025 | $1,999 |
| 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 | $1,940 |
| Jun 2026 | $1,856 |
| Jul 2026 | $1,850 |
Average Rent By Bedroom and Home Type
In July 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 | $1,397 | $1,850 | $2,484 | $3,085 | $1,875 |
| Townhomes | $1,600 | $1,950 | $2,700 | — | $2,350 |
| Apartments and Condos | $1,313 | $1,601 | $2,484 | $2,995 | $1,399 |
| Houses | $1,800 | $2,195 | $2,595 | $3,095 | $2,950 |
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 $1,762 per month. This is about 10% lower than the national average.
- When is the average rent cheapest in Olympia, WA?In the last year, the average rent in Olympia, WA was lowest in May 2025 when it was $1,650 per month.
- 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 $1,397 per month. That is about $72 more than the cost of a studio apartment.
- How many available rental listings are in Olympia, WA?There are 260 available rental listings in Olympia, WA.
- 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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