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The Rex is an outstanding rental option, receiving a Zumper Expert Rating of 9.2 out of 10, indicating strong quality and value. Its notable features include a newly renovated apartment with elegant wood floors and ample storage, while the location offers convenient access to various amenities. Additionally, the property excels in price competitiveness, affordability, and pet-friendliness, making it a premier choice for renters seeking both comfort and convenience.
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Pet owners| 0BR/1.0BA | Studio | 1 bath | 300 sqft | $1,175 /mo | 1 unit available | Schedule a Tour! (360) 515-3750 or **** Video Tour: Coming Soon! Concession: Look and lease special - $1,000 gift card Community: It all begins here: your style, your home. Welcome to The Rex! Ideally located - bike or walk to the heart of downtown Olympia or the waterfront. Life at Rex gives you easy access to local cuisine, entertaining nightlife, Sunday markets, waterfront parks, coffee shops, breweries, and diverse artwork in Olympia's most dynamic neighborhood. Apartment 12: Welcome to your dream studio apartment! Enjoy the luxury of a spacious living room, perfect for entertaining guests. Ample storage space with large closets. Conveniently located near public transit for easy commuting. Elegant wood floors and charming arched doorways add a touch of sophistication to your new home. Laundry: Common Area Laundry Parking: Street Parking Only Utilities: Flat Rate of $95/month + $35 per additional person Pet Policy: - Cats and Dogs Welcome! - Breed Restrictions May Apply - Maximum of 2 pets - No Pet Deposit! + $50/month pet rent Lease Details: - Deposit: $750 - Landlord Liability Insurance Required: $15/month (if not provided) - Credit Reporting: $8/month - Lease Length: 12 months Looking to apply? Our online leasing process makes moving simple! Applications for this property can be found online at https guidemanagement appfolio com listings?&filters%5Bproperty_list%5D=RexBuilding Interested in our other properties? View vacancies from our full portfolio at https www guidepm com seattle-homes-for-rent Cost: $55 application fee, $250 2-week holding deposit (applied to security deposit upon move-in) Screening Criteria: Verified income of 3x monthly rent, a credit score of 700 or higher (or above 670 with verified income of 3.5x monthly rent), no open bankruptcies, no past landlord-tenant disputes with a judgment in favor of the landlord, no evictions in the last 7 years. (Applicants who do not meet these criteria may be accepted on a case-by-case basis with a qualifying Cosigner/Guarantor or an increased deposit.) We do not accept Comprehensive Reusable Tenant Screening Reports as defined by and pursuant to RCW 59.18. *Disclaimer: Advertised photos and videos may be of a similar unit in the building. Apartment features may vary. All applicants are encouraged to tour the property before lease signing to confirm unit details. Equal Opportunity Housing | |
| 1BR/1.0BA | 1 bed | 1 bath | 500 sqft | $1,525–$1,585 /mo | 2 units available | 410 Franklin St SE Olympia, WA, 98501 (360) 706-1691 - Call/Text **** IT ALL BEGINS HERE. YOUR STYLE, YOUR HOME. The Rex is ideally located -- bike or walk to the heart of downtown Olympia or waterfront. Life at Rex gives you easy access to local cuisine, entertaining nightlife, Sunday Markets, waterfront parks, coffee shops, breweries, and diverse artwork in Olympia's most dynamic neighborhood. 1 Bed, 1 Bath, approximately 500 Sq. Ft. Utilities: $85 1 person, $30 per additional occupant $1000 security deposit $8 risk management insurance + credit reporting Pets welcome: No deposit, $50 monthly pet rent Features - Modern Finishes and Designs - Hardwood/Vinyl Flooring - Quartz counters, new cabinets, and designer backsplash - High Ceilings with Skylight - Tons of Windows with Nice Natural Light - Open Floor Concept - Stylish bedroom barn door Community Amenities - Shared laundry on same floor - Awesome retail on ground floor - Bike or walk to the heart of Olympia or waterfront - Easy access to everything Lease Details: - Deposit: $1000 - Admin Fee: $200 - Landlord Liability Insurance Required: $15/month (if none provided) - Credit Reporting: $8/month - Lease Length: 6, 9, and 12 months Looking to apply? Our online leasing process makes moving simple! Applications for this property can be found online at https guidemanagement appfolio com listings?&filters%5Bproperty_list%5D=RexBuilding Interested in our other properties? View vacancies from our full portfolio at https www guidepm com seattle-homes-for-rent Cost: $50 application fee, $250 2-week holding deposit (applied to security deposit upon move-in) Screening Criteria: Verified income of 3x monthly rent, a credit score of 700 or higher (or above 670 with verified income of 3.5x monthly rent), no open bankruptcies, no past landlord-tenant disputes with a judgment in favor of the landlord, no evictions in the last 7 years. (Applicants who do not meet these criteria may be accepted on a case-by-case basis with a qualifying Cosigner/Guarantor or an increased deposit.) We do not accept Comprehensive Reusable Tenant Screening Reports as defined by and pursuant to RCW 59.18. *Disclaimer: Advertised photos and videos may be of a similar unit in the building. Apartment features may vary. All applicants are encouraged to tour the property before lease signing to confirm unit details. Equal Opportunity Housing | |
| 2BR/1.0BA | 2 bed | 1 bath | 675 sqft | $1,645 /mo | 1 unit available | Schedule a Tour! Call (360) 515-3750 or email **** Video Tour: Coming Soon! Community: It all begins here; your style, your home. Welcome to The Rex! Ideally located -- bike or walk to the heart of downtown Olympia or waterfront. Life at Rex gives you easy access to local cuisine, entertaining nightlife, Sunday markets, waterfront parks, coffee shops, breweries, and diverse artwork in Olympia's most dynamic neighborhood. Apartment 1: Welcome to your newly renovated 2-bedroom apartment with great natural lighting, luxurious LVP flooring, and a stunning quartz countertop. This modern space is perfect for those seeking a stylish and comfortable living environment. Don't miss out on the opportunity to call this apartment your new home! Laundry: Common Area Laundry Parking: Street Parking Only Utilities: Flat Rate of $125/month + $30 per additional person Pet Policy: - Cats and Dogs Welcome! - Breed Restrictions May Apply - Maximum of 2 pets - No Pet Deposit! + $50/month pet rent Lease Details: - Deposit: $1,250 - Admin Fee: $200 - Landlord Liability Insurance Required: $15/month (if not provided) - Credit Reporting: $8/month - Lease Length: 6, 9, and 12 months Looking to apply? Our online leasing process makes moving simple! Applications for this property can be found online at https guidemanagement appfolio com listings?&filters%5Bproperty_list%5D=RexBuilding Interested in our other properties? View vacancies from our full portfolio at https www guidepm com seattle-homes-for-rent Cost: $50 application fee, $250 2-week holding deposit (applied to security deposit upon move-in) Screening Criteria: Verified income of 3x monthly rent, a credit score of 700 or higher (or above 670 with verified income of 3.5x monthly rent), no open bankruptcies, no past landlord-tenant disputes with judgment in favor of the landlord, no evictions in the last 7 years. (Applicants who do not meet these criteria may be accepted on a case-by-case basis with a qualifying Cosigner/Guarantor or an increased deposit.) We do not accept Comprehensive Reusable Tenant Screening Reports as defined by and pursuant to RCW 59.18. *Disclaimer: Advertised photos and videos may be of a similar unit in the building. Apartment features may vary. All applicants are encouraged to tour the property before lease signing to confirm unit details. Equal Opportunity Housing |
Let's explore this property.
Apartment Amenities
| Barn Door | Bathtub |
| Great Natural Light | Hardwood Floor |
| High Ceilings | New Cabinets |
| Quartz Counters | Skylights |
Building
| Cats OK | Dogs OK |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Units | 18 |
|---|
Concession: Look and lease special - $1,000 gift card It all begins here - your style, your home. Welcome to The Rex! Ideally located -- bike or walk to the heart of downtown Olympia or waterfront. Life at Rex gives you easy access to local cuisine, entertaining nightlife, Sunday markets, waterfront parks, coffee shops, breweries, and diverse artwork in Olympia's most dynamic neighborhood.
How The Rex compares to other nearby properties.
Positives
Considerations
Studio apartments at The Rex cost about 2% less than the average rent price for studios in Downtown Olympia.
1-bedroom apartments here are priced 1% lower than 1-bedrooms in Downtown Olympia.
If you decide to upgrade your space, you can expect 2-bedrooms at The Rex to be 23% less than the average for similarly sized apartments in Downtown Olympia.
| Month | Median Rent |
|---|---|
| March 2024 | $1,195 |
| April 2024 | $1,220 |
| May 2024 | $1,253 |
| June 2024 | $1,295 |
| July 2024 | $1,297 |
| August 2024 | $1,266 |
| 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 |
| Month | Median Rent |
|---|---|
| March 2024 | $1,300 |
| April 2024 | $1,300 |
| May 2024 | $1,295 |
| June 2024 | $1,295 |
| July 2024 | $1,297 |
| 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 |
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Rent-to-income ratio
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Studio–1 Bed
$1,275–$1,550
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$1,300–$1,600
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$1,745–$1,945
