Most Affordable Neighborhoods in Olympia, WA

Some of the cheapest neighborhoods in Olympia are South Westside, Eastside, and North Olympia. These neighborhoods offer some of the lowest rent prices in Olympia, making them ideal for renters on a budget. As of November 29, 2024, the average rent in Olympia is $1,448, which is 0.1% lower 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

$1,556/Month

Year-Over-Year Rent Change

2.4%

TransitScore® Rating

39/100

Units Available

12 Rentals

South Westside is an affordable neighborhood in Olympia with an average rent price of $1,556. Compare this to the city average of $1,448. In the past year, rent prices have increased by 2.4%. South Westside provides easy access to The Evergreen State College, Woodruff Park, and Sunrise Park. It’s a somewhat walkable neighborhood with a WalkScore® of 58.

Eastside

Average Rent

$1,588/Month

Year-Over-Year Rent Change

4%

TransitScore® Rating

44/100

Units Available

2 Rentals

If you’re looking for a great, affordable neighborhood in Olympia, Eastside might be the perfect place! It has an average rent price of $1,588, while the city’s average stands at $1,448. In the last year, prices have increased by 4%. Eastside is near Harry Fain's Legion Park, St Joseph, and Olympia Woodland Trail.

North Olympia

Average Rent

$1,625/Month

Year-Over-Year Rent Change

2%

TransitScore® Rating

38/100

Units Available

18 Rentals

North Olympia is a top choice for budget-conscious renters for a variety of reasons. The average rent in North Olympia is $1,625 while the city average is $1,448. This is a 2% difference from last year. Residents enjoy convenient access to 6Th Ave, Burfoot Park, and The Evergreen State College. The neighborhood is considered somewhat walkable with a WalkScore® of 51.

South Olympia

Average Rent

$1,665/Month

Year-Over-Year Rent Change

2%

TransitScore® Rating

24/100

Units Available

56 Rentals

When you’re looking for a great Olympia neighborhood on a budget, check out South Olympia. The average rent is $1,665, compared to the city average of $1,448. Rent prices have increased by 2%. South Olympia is convenient to South 25Th, McGrath Woods Park, and Pierce College Fort Steilacoom. The community is car-dependent with a WalkScore® of 40.

West Olympia

Average Rent

$1,735/Month

Year-Over-Year Rent Change

0.1%

TransitScore® Rating

31/100

Units Available

82 Rentals

West Olympia is an affordable neighborhood in Olympia with an average rent price of $1,735. Compare this to the city average of $1,448. In the past year, rent prices have decreased by 0.1%. West Olympia provides easy access to Clover Park Technical College, Tacoma General, and Cooper Point Landing. It’s a car-dependent neighborhood with a WalkScore® of 49.

Downtown Olympia

Average Rent

$1,754/Month

Year-Over-Year Rent Change

1.9%

TransitScore® Rating

54/100

Units Available

42 Rentals

If you’re looking for a great, affordable neighborhood in Olympia, Downtown Olympia might be the perfect place! It has an average rent price of $1,754, while the city’s average stands at $1,448. In the last year, prices have increased by 1.9%. Downtown Olympia is near St Joseph, Hilltop District, and Percival Landing.

Ready to make your move to Olympia? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!

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.