Most Affordable Neighborhoods in Olympia, WA
Some of the cheapest neighborhoods in Olympia are Eastside, South Westside, and South Olympia. These neighborhoods offer some of the lowest rent prices in Olympia, making them ideal for renters on a budget. As of January 1, 2025, the average rent in Olympia is $1,455, which is 0.5% 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.
Eastside
Average Rent
$1,495/Month
Year-Over-Year Rent Change
3.6%
TransitScore® Rating
44/100
Units Available
1 Rentals
Eastside is an affordable neighborhood in Olympia with an average rent price of $1,495. Compare this to the city average of $1,455. In the past year, rent prices have increased by 3.6%. Eastside provides easy access to Bigelow Park, Hilltop District, and Harry Fain's Legion Park. It’s a walkable neighborhood with a WalkScore® of 75.
South Westside
Average Rent
$1,522/Month
Year-Over-Year Rent Change
2.3%
TransitScore® Rating
39/100
Units Available
12 Rentals
If you’re looking for a great, affordable neighborhood in Olympia, South Westside might be the perfect place! It has an average rent price of $1,522, while the city’s average stands at $1,455. In the last year, prices have increased by 2.3%. South Westside is near Decatur Woods Park, St Joseph, and Garfield Nature Trail.
South Olympia
Average Rent
$1,633/Month
Year-Over-Year Rent Change
2.6%
TransitScore® Rating
24/100
Units Available
51 Rentals
South Olympia is a top choice for budget-conscious renters for a variety of reasons. The average rent in South Olympia is $1,633 while the city average is $1,455. This is a 2.6% difference from last year. Residents enjoy convenient access to Union Station/South 19Th, McGrath Woods Park, and Pierce College Fort Steilacoom. The neighborhood is considered car-dependent with a WalkScore® of 40.
Downtown Olympia
Average Rent
$1,742/Month
Year-Over-Year Rent Change
2.4%
TransitScore® Rating
54/100
Units Available
44 Rentals
When you’re looking for a great Olympia neighborhood on a budget, check out Downtown Olympia. The average rent is $1,742, compared to the city average of $1,455. Rent prices have increased by 2.4%. Downtown Olympia is convenient to Tacoma General, Bigelow Springs, and Market Centre. The community is walkable with a WalkScore® of 87.
West Olympia
Average Rent
$1,756/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
31/100
Units Available
75 Rentals
West Olympia is an affordable neighborhood in Olympia with an average rent price of $1,756. Compare this to the city average of $1,455. In the past year, rent prices have decreased by 1.1%. West Olympia provides easy access to South Puget Sound Comm. Coll., Hilltop District, and Garfield Nature Trail. It’s a car-dependent neighborhood with a WalkScore® of 49.
North Olympia
Average Rent
$1,756/Month
Year-Over-Year Rent Change
3.8%
TransitScore® Rating
38/100
Units Available
22 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 $1,756, while the city’s average stands at $1,455. In the last year, prices have increased by 3.8%. North Olympia is near Priest Point Park, Hilltop District, and Clover Park Technical College.
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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.