Most Affordable Neighborhoods in Olympia, WA
Some of the cheapest neighborhoods in Olympia are South Westside, Eastside, and South Olympia. These neighborhoods offer some of the lowest rent prices in Olympia, making them ideal for renters on a budget. As of March 3, 2025, the average rent in Olympia is $1,473, which is 0.9% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
South Westside
Average Rent
$1,525/Month
Year-Over-Year Rent Change
2%
TransitScore® Rating
39/100
Units Available
13 Rentals
South Westside is a top choice for budget-conscious renters for a variety of reasons. The average rent in South Westside is $1,525 while the city average is $1,473. This is a 2% difference from last year. Residents enjoy convenient access to Tacoma General, 6Th Ave, and Garfield Nature Trail. The neighborhood is considered somewhat walkable with a WalkScore® of 58.
Eastside
Average Rent
$1,525/Month
Year-Over-Year Rent Change
2.7%
TransitScore® Rating
44/100
Units Available
2 Rentals
When you’re looking for a great Olympia neighborhood on a budget, check out Eastside. The average rent is $1,525, compared to the city average of $1,473. Rent prices have increased by 2.7%. Eastside is convenient to Pierce College Fort Steilacoom, Harry Fain's Legion Park, and Clover Park Technical College. The community is walkable with a WalkScore® of 75.
South Olympia
Average Rent
$1,594/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
24/100
Units Available
30 Rentals
South Olympia is an affordable neighborhood in Olympia with an average rent price of $1,594. Compare this to the city average of $1,473. In the past year, rent prices have increased by 0.4%. South Olympia provides easy access to Centralia College, McGrath Woods Park, and Watershed Park. It’s a car-dependent neighborhood with a WalkScore® of 40.
North Olympia
Average Rent
$1,672/Month
Year-Over-Year Rent Change
3.6%
TransitScore® Rating
38/100
Units Available
15 Rentals
If you’re looking for a great, affordable neighborhood in Olympia, North Olympia might be the perfect place! It has an average rent price of $1,672, while the city’s average stands at $1,473. In the last year, prices have increased by 3.6%. North Olympia is near Bigelow Park, South Puget Sound Comm. Coll., and Mission Creek Park.
Downtown Olympia
Average Rent
$1,763/Month
Year-Over-Year Rent Change
1.2%
TransitScore® Rating
54/100
Units Available
45 Rentals
Downtown Olympia is a top choice for budget-conscious renters for a variety of reasons. The average rent in Downtown Olympia is $1,763 while the city average is $1,473. This is a 1.2% difference from last year. Residents enjoy convenient access to Pierce College Fort Steilacoom, Bigelow Springs, and The Evergreen State College. The neighborhood is considered walkable with a WalkScore® of 87.
South Capitol
Average Rent
$1,795/Month
TransitScore® Rating
38/100
Units Available
1 Rentals
When you’re looking for a great Olympia neighborhood on a budget, check out South Capitol. The average rent is $1,795, compared to the city average of $1,473. South Capitol is convenient to Hulbert Auto Park, Tumwater Safeway, and Stevens Field Park. The community is somewhat walkable with a WalkScore® of 60.
West Olympia
Average Rent
$1,797/Month
Year-Over-Year Rent Change
0.5%
TransitScore® Rating
31/100
Units Available
63 Rentals
West Olympia is an affordable neighborhood in Olympia with an average rent price of $1,797. Compare this to the city average of $1,473. In the past year, rent prices have decreased by 0.5%. West Olympia provides easy access to Sunrise Park, Yauger Park, and Cooper Point Landing. It’s a car-dependent neighborhood with a WalkScore® of 49.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.