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The Gibson earns a strong overall rating, supported by excellent value, standout amenities, and a highly convenient location. It features gated parking, a fitness center, stainless steel appliances, bike storage, and dog-focused amenities, while nearby pet services and 50 photos add to its appeal and transparency.
Things you’ll love
Less expensiveHigh school nearbyImages AvailableGreat for
Pet owners| A1-Iommi | Studio | 1 bath | 351 sqft | $1,199–$1,299 /mo | 43 units available | Look and lease same day as your tour to get two weeks free off your first full month's rent! Welcome to The Gibson Apartments! Experience refined urban living in this beautiful 351 sq ft studio apartment, ideally located in the heart of downtown Olympia. Designed with both style and functionality in mind, this contemporary apartment home features sleek white cabinetry, stainless steel appliances, and durable luxury vinyl plank flooring for a polished, modern aesthetic. Enjoy the convenience of an in-unit washer and dryer, along with air conditioning to keep your space comfortable year-round. The community offers a range of desirable amenities, including secured building access, fenced parking, secure bike storage, and a private dog park- perfect for pet owners. Situated just moments from Olympia’s vibrant downtown scene, you’ll have easy access to local dining, shopping, entertainment, and cultural attractions, all within walking distance. Sophisticated yet efficient, this studio strikes the perfect balance- much like a timeless Tony Iommi guitar riff: clean, distinctive, and effortlessly impactful. Additional Details: Income Restrictions Apply Application Fee- $66 per applicant 18+ Refundable Deposit: $199 Utilities: Water/Sewer/Garbage Studio: $80/month 1x1: $90/month Electricity & Internet are paid separately by the tenant. Parking: Secured Garage Parking: $75/month Free parking lot option available Pets: Cats and Dogs Welcome! Pet Rent: $50/month per pet Refundable Pet Deposit: $200 per pet 65lb Weight Limit Breed Restrictions Apply APPLY NOW: https apply alliance2020 com # view AnV3 Located at 505 Union Ave SE, Olympia, WA 98501 Call to schedule a tour at (360) 515-7443 or send an email to **** / **** | |
| D1-Hendrix (ADA) | 1 bed | 1 bath | 406 sqft | $1,295–$1,499 /mo | 3 units available | Look and lease same day as your tour to get two weeks free off your first full month's rent! Welcome to The Gibson Apartments! Live in the rhythm of downtown Olympia in this sleek 406 sq ft one-bedroom, one-bath residence designed for modern city living with effortless style. Inside, you’ll find LVP flooring throughout, crisp white cabinetry, and stainless-steel appliances that bring a clean, contemporary edge to the space. An in-unit washer and dryer plus air-conditioning add everyday comfort and convenience without compromise. Step outside your door and into a community built for both ease and lifestyle- featuring secure building access, gated parking, secure bike storage, a fenced dog park, and a fully equipped fitness center ready to match your routine. All of this is set just moments from downtown Olympia’s best dining, shops, waterfront views, and local energy. With a subtle nod to the legendary Hendrix, this home carries a creative pulse- refined, vibrant, and unmistakably connected to the spirit of the city. Additional Details: Income Restrictions Apply Application Fee- $66 per applicant 18+ Refundable Deposit: $199 Utilities: Water/Sewer/Garbage Studio: $80/month 1x1: $90/month Electricity & Internet are paid separately by the tenant. Parking: Secured Garage Parking: $75/month Free parking lot option available Pets: Cats and Dogs Welcome! Pet Rent: $50/month per pet Refundable Pet Deposit: $200 per pet 65lb Weight Limit Breed Restrictions Apply APPLY NOW: https apply alliance2020 com # view AnV3 Located at 505 Union Ave SE, Olympia, WA 98501 Call to schedule a tour at (360) 515-7443 or send an email to **** / **** | |
| E1-Zeppelin | 1 bed | 1 bath | 457 sqft | $1,499 /mo | 3 units available | Look and lease same day as your tour to get two weeks free off your first full month's rent! Welcome to The Gibson Apartments! Live in the pulse of downtown Olympia in this 457 sq ft one-bedroom, one-bath residence that blends modern design with effortless livability. Clean LVP flooring runs throughout the space, complemented by crisp white cabinetry and stainless-steel appliances that give the home a fresh, elevated feel. With an in-unit washer and dryer and air-conditioning, everyday comfort is built right in. The community extends your living experience beyond your front door- offering secure building access, gated parking, secure bike storage, a fenced dog park, and a fully equipped fitness center designed to keep your routine on track. All of this sits just moments from Olympia’s best dining, shopping, waterfront views, and local energy. With a subtle nod to Zeppelin, this home carries a bold, elevated rhythm- modern, polished, and tuned for those who want more than just a place to live. Additional Details: Income Restrictions Apply Application Fee- $66 per applicant 18+ Refundable Deposit: $199 Utilities: Water/Sewer/Garbage Studio: $80/month 1x1: $90/month Electricity & Internet are paid separately by the tenant. Parking: Secured Garage Parking: $75/month Free parking lot option available Pets: Cats and Dogs Welcome! Pet Rent: $50/month per pet Refundable Pet Deposit: $200 per pet 65lb Weight Limit Breed Restrictions Apply APPLY NOW: https apply alliance2020 com # view AnV3 Located at 505 Union Ave SE, Olympia, WA 98501 Call to schedule a tour at (360) 515-7443 or send an email to **** / **** | |
| G1-Perry | 1 bed | 1 bath | 586 sqft | $1,499 /mo | 2 units available | Look and lease same day as your tour to get two weeks free off your first full month's rent! Welcome to The Gibson Apartments! Welcome to The Perry- a downtown Olympia one-bedroom, one-bath residence that hits the perfect note between modern comfort and effortless style. Inside, everything is tuned for easy living: sleek stainless-steel appliances, crisp white cabinetry, durable LVP flooring throughout, plus the everyday convenience of in-unit washer and dryer and air-conditioning to keep things cool year-round. Clean, bright, and intentionally designed- this is a space that doesn’t miss a beat. Step outside your door and the rhythm continues. The community offers secure building access, gated parking, secure bike storage, a fully equipped fitness center for your daily grind, and a fenced dog park for your four-legged tour partner. Set in the heart of downtown Olympia, you’re just steps from local coffee shops, restaurants, waterfront views, and everything that keeps the city alive. With a subtle nod to Perry, this home carries a smooth, confident energy- modern, bold, and ready for your next headline moment. Additional Details: Income Restrictions Apply Application Fee- $66 per applicant 18+ Refundable Deposit: $199 Utilities: Water/Sewer/Garbage Studio: $80/month 1x1: $90/month Electricity & Internet are paid separately by the tenant. Parking: Secured Garage Parking: $75/month Free parking lot option available Pets: Cats and Dogs Welcome! Pet Rent: $50/month per pet Refundable Pet Deposit: $200 per pet 65lb Weight Limit Breed Restrictions Apply APPLY NOW: https apply alliance2020 com # view AnV3 Located at 505 Union Ave SE, Olympia, WA 98501 Call to schedule a tour at (360) 515-7443 or send an email to **** / **** | |
| B1-Walsh | 1 bed | 1 bath | 598 sqft | $1,525 /mo | 3 units available | Your new home is waiting! Look and lease same day as your tour to get two weeks free off your first full month's rent! Welcome to The Gibson Apartments! Experience elevated urban living in the heart of downtown Olympia with this thoughtfully designed 598 sq ft one-bedroom apartment. This modern apartment home features sleek stainless-steel appliances, crisp white cabinetry, and durable luxury vinyl plank flooring throughout, creating a clean and contemporary aesthetic. Enjoy everyday convenience with an in-unit washer and dryer, air conditioning for year-round comfort, and ample storage that maximizes every square foot. Beyond your front door, the community offers a lifestyle of ease and security with controlled access entry, secure parking, and dedicated bike storage. Stay active in the fully equipped fitness center or unwind with your four-legged companion at the fenced dog park. Perfectly positioned to enjoy Olympia’s vibrant dining, shopping, and waterfront scene, this residence strikes a balance between modern comfort and city energy- subtly echoing the smooth, timeless vibe of Walsh playing in the background as you settle into your space. Refined, convenient, and effortlessly stylish- this is downtown living done right. Additional Details: Income Restrictions Apply Application Fee- $66 per applicant 18+ Refundable Deposit: $199 Utilities: Water/Sewer/Garbage Studio: $80/month 1x1: $90/month Electricity & Internet are paid separately by the tenant. Parking: Secured Garage Parking: $75/month Free parking lot option available Pets: Cats and Dogs Welcome! Pet Rent: $50/month per pet Refundable Pet Deposit: $200 per pet 65lb Weight Limit Breed Restrictions Apply APPLY NOW: https apply alliance2020 com # view AnV3 Located at 505 Union Ave SE, Olympia, WA 98501 Call to schedule a tour at (360) 515-7443 or send an email to **** / **** |
Let's explore this property.
Apartment Amenities
| Air Conditioning |
Appliances
| Dishwasher | In-Unit Laundry |
| Oven | Oven/Range |
| Over the Range Microwave | Refrigerator |
| Stackable Washer & Dryer | Stove/Oven |
| Washer and Dryer |
Building
| Cats OK | Controlled Access Building |
| Controlled Garage | Dogs OK |
| Fitness Center | Fully Equipped Fitness Room |
| Gym | Safe Bike Storage |
Grounds
| Controlled Parking | Fenced Dog Park |
| Off-Street Parking | Storage |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Units | 65 |
|---|
Inspired by the legendary Gibson guitar brand, this brand-new apartment community hits all the right notes. Choose from thoughtfully designed apartment homes ranging from 351–751 sq ft- each one named after an iconic musician like Iommi, Hendrix, Zeppelin, and more- bringing a little rock ‘n’ roll edge to your everyday lifestyle. Inside, every apartment is a perfect blend of modern style and comfort, featuring sleek white cabinetry, stainless steel appliances, durable LVP flooring throughout, in-unit air conditioning, and your own washer and dryer- because convenience should always be part of the setlist. Beyond your front door, The Gibson keeps the good vibes going with secure access, secure parking, bike storage, a fully equipped fitness center, and a dog park for your four-legged fans. Located in the heart of downtown Olympia, you’re steps away from local restaurants, shopping, nightlife, and endless things to do- making it easy to live, play, and explore without missing a beat. Call to schedule a tour at (350) 515-7443 or send an email to **** / ****
How The Gibson compares to other nearby properties.
Positives
Considerations
Studio apartments at The Gibson cost about 6% less than the average rent price for studios in Downtown Olympia.
1-bedroom apartments here are priced 4% lower than 1-bedrooms in Downtown Olympia.
| Month | Median Rent |
|---|---|
| August 2024 | $1,243 |
| 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 | $1,295 |
| Month | Median 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 | $1,275 |
Can I afford to live at 505 Union Ave Se?
Bedrooms
Rent-to-income ratio
30%
$47,960/yr
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4822 Rural Road Southwest
1–3 Beds
$1,745–$2,595
Downtown Olympia • 321 Legion Way Se
Studio–2 Beds
$1,300–$2,150
