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605 Capitol Way S
605 Capitol Way S, Olympia, WA 98501, USA

Apartment for rent
Monthly rent
$1,100
BedsStudio
Baths1
Sqft900
modified
Updated 3 Days Ago

Units

605 Capitol Way S Olympia, WA

New Listing

3

Studio

1 Bath

$1,100

Listed on 08/03/2026
Listed by Ashlyn Clark
Days on market: 6
Property Id: 2335386 Welcome home to this spacious 900 sq. ft. studio apartment in the heart of downtown Olympia! Enjoy an open layout with plenty of room to create separate living, sleeping, and dining spaces. Conveniently located just minutes from local restaurants, shopping, parks, and the waterfront, this apartment offers easy access to everything downtown has to offer. Background and credit check, $45 application fee Features: ● 900 sq. ft. studio ● $1,100 per month ● Prime downtown Olympia location ● Bright, open living space ● Street parking available ● Close to restaurants, coffee shops, entertainment, and public transit Don’t miss this opportunity to live in a spacious studio in one of Olympia’s most convenient locations. Contact us today to schedule a showing!

New Listing

4

Studio

1 Bath

$1,100

Listed on 08/03/2026
Listed by Ashlyn Clark
Days on market: 6
Property Id: 2335387 Welcome home to this spacious 900 sq. ft. studio apartment in the heart of downtown Olympia! Enjoy an open layout with plenty of room to create separate living, sleeping, and dining spaces. Background and credit check, $45 application fee. Conveniently located just minutes from local restaurants, shopping, parks, and the waterfront, this apartment offers easy access to everything downtown has to offer. Features: ● 900 sq. ft. studio ● $1,100 per month ● Prime downtown Olympia location ● Bright, open living space ● Street parking available ● Close to restaurants, coffee shops, entertainment, and public transit Don’t miss this opportunity to live in a spacious studio in one of Olympia’s most convenient locations. Contact us today to schedule a showing!

New Listing

2

Studio

1 Bath

$1,100

Listed on 08/03/2026
Listed by Ashlyn Clark
Days on market: 6
Property Id: 2335385 Welcome home to this spacious 900 sq ft studio apartment in the heart of Downtown Olympia! Full of character and charm, this bright apartment features beautiful original hardwood floors, oversized windows that fill the space with natural light, and an open layout that offers plenty of room to create separate living, dining, and sleeping areas. The kitchen includes a full-size refrigerator and range, along with additional shelving and storage space. With a personal washer and dryer adds convenience, while street parking is readily available nearby. Enjoy being just blocks from Olympia’s restaurants, coffee shops, boutiques, entertainment, and the Capitol Campus! Rent: $1,100/month Background and credit check, $45 application fee Features: * 900 sq ft studio * Original hardwood floors * Large windows with great natural light * Full kitchen with refrigerator & range * Personal washer and dryer * Street parking * Downtown Olympia location * Close to shopping, dining, entertainment, and public transit

Amenities for 605 Capitol Way S

Some units at this address have these amenities. View unit details for more information.

Building
  • Storage
Unit Amenities
  • Hardwood Floor
  • In-Unit Laundry

Policies at 605 Capitol Way S

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Questions about this property’s policies and fees?

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About 605 Capitol Way S

HomeApartments in OlympiaDowntown Olympia 605 Capitol Way S #3, Olympia, WA 98501, USA

Interested in leasing 605 Capitol Way S, Olympia, WA 98501, USA? Currently, 605 Capitol Way S, Olympia, WA 98501, USA is available to rent or lease. It is a studio apartment with 1 bathroom. Below, you can compare the rent price at 605 Capitol Way S, Olympia, WA 98501, USA vs overall rent prices in Downtown Olympia, WA. We have compiled nearby businesses and things to do close to 605 Capitol Way S, Olympia, WA 98501, USA.

Address details

Units3
Units available3
Neighborhood
City
Zip code98501

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 605 Capitol Way S, Olympia, WA 98501, USA compares to other nearby properties.

Positives

Images Available
There are at least 10 photos of this address

Considerations

Grow a garden indoors
A balcony, backyard, or shared outdoor space isn't available
No in-unit dishwasher
Dishwashers aren't available

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Rent trends in Olympia

Studio apartments at 605 Capitol Way S #3 cost about 12% less than the average rent price for studios in Downtown Olympia.

Median rents as of Aug 8 2026.
Downtown Olympia
Olympia
A table of studio rental data trends in Olympia
MonthMedian Rent
August 2024$1,215
September 2024$1,237
October 2024$1,281
November 2024$1,281
December 2024$1,284
January 2025$1,288
February 2025$1,285
March 2025$1,288
April 2025$1,275
May 2025$1,280
June 2025$1,256
July 2025$1,255
August 2025$1,294
September 2025$1,314
October 2025$1,292
November 2025$1,306
December 2025$1,299
January 2026$1,277
February 2026$1,271
March 2026$1,250
April 2026$1,238
May 2026$1,252
June 2026$1,295
July 2026$1,281
August 2026$1,285
A table of studio rental data trends in Downtown Olympia
MonthMedian Rent
August 2024$1,300
September 2024$1,290
October 2024$1,299
November 2024$1,265
December 2024$1,266
January 2025$1,276
February 2025$1,278
March 2025$1,280
April 2025$1,275
May 2025$1,275
June 2025$1,275
July 2025$1,275
August 2025$1,281
September 2025$1,291
October 2025$1,282
November 2025$1,297
December 2025$1,284
January 2026$1,271
February 2026$1,239
March 2026$1,205
April 2026$1,211
May 2026$1,250
June 2026$1,268
July 2026$1,244
August 2026$1,262

Affordability calculator

Can I afford to live at 605 Capitol Way S?

Bedrooms

Studio

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$44,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $44,000 annually to afford this studio median monthly rent price of $1,100.
For more information on rent affordability, visit our rent calculator.

Schools near 605 Capitol Way S #3

Tumwater Virtual Academy

7299 new market st sw bldge e

tumwater, WA, 98501

K-12Public

Ignite Family Academy

411 6th ave ne

lacey, WA, 98516

K-8Public

Summit VIrtual Academy

305 college st ne

lacey, WA, 98516

K-12Public

Washington Connections Academy

111 tumwater blvd se

tumwater, WA, 98501

K-8Public
B-

Griffin School

6530 33rd ave nw

olympia, WA, 98502

PK, K-8Public
B
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Getting around Olympia near 605 Capitol Way S

Walking

8/10
No car? No problem. Everything you need is within a few blocks.

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Transit

4/10
There are a few mass transit options within the area.

Points of interest for 605 Capitol Way S, Olympia

Groceries

9/10
At least one grocery store within a few minutes' walk

Shopping

6/10
Variety of shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

7/10
Variety of restaurants within walking distance

Primary schools

6/10
At least one elementary school within a 20-minute walk

High schools

7/10
At least one high school within a 20-minute walk

Nightlife

9/10
Variety of bars within a few minutes' walk

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