Zumper
modified
2 Days Ago

Highlights

  • Pet Friendly
  • Washer and dryer in each unit
  • Waterfront
  • Air conditioning in each unit

Location

310 Capitol Way N, Olympia, WA 98501, USA|Downtown Olympia
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Tour Market Flats Apartment Building

Contact

Management

Urban Management Co LLC

Leasing office

(360) 742-4877

Property Overview

Market Flats Apartment Building is a highly rated community, earning a 9.1/10 overall Zumper Expert Rating with standout scores for amenities, location, quality, and price, indicating strong value and an elevated standard of living. Residents benefit from in-unit washer and dryer, air conditioning, waterfront access, and a pet-friendly environment supported by multiple nearby pet grooming services, supply stores, and hospitals, while a grocery store is within driving distance.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

9.1
Excellent
Market Flats Apartment Building is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Amenities and Price, which help to make this rental a great place to call home.

Things you’ll love

  • Elevator

Great for

  • Pet owners

Floor plans

0BR/1.0BAStudio1 bath383+ sqft$1,250–$1,280 /mo3 units availableMarket Flats is designed for intermingled living in the heart of a booming downtown Olympia. This is one of the smaller buildings in the neighborhood, intentionally designed to cultivate community. Walk across the street to Chelsea Oyster Bar, The Bread Peddler and Sofie's Scoops Gelateria (we love the guilt-free sampling environment). In addition to these gems across the street from your home you can find what you need a short walk away at Olympia’s beloved farmers’ market. Connecting you with fresh fish market, farmers market produce, restaurants, and the waterfront, walkability is the definition of the Market Flats location to work either in government, service industry, or our one of Olympia’s unique local businesses. Market Flats features: • Air conditioning in each unit • Washer and dryer in each unit • NO carpet in each unit • Pet-friendly roof top dog walking station • Walkable location Requirements include: •No smoking •12-month lease required •Application fee: $50.00 (non-refundable) •Deposit: 1 months’ rent+ 25% due at approval process to secure unit. (taken off market) •Pet Friendly with deposit: 25% of 1 months’ rent PER ANIMAL. ANIMAL RENT: Cats and Dogs only. NO other animal approved. $50.00 monthly per cat $ 35.00 monthly per dog •Tenants pay water/sewer/garbage $120.00 (monthly) •Parking: $90.00 monthly through building if available OR annually through the cityofolympia. org view their boundary map and fees. •Proof of renters insurance required Minimum credit score of 680 Can apply online @ urbanolympia. com Call Teri to schedule 360-742-4877

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Amenities for Market Flats Apartment Building

Apartment Amenities

Air ConditioningCarpet
No Carpet

Appliances

DishwasherIn-Unit Laundry
OvenRange
RefrigeratorStove/Oven
Washer and Dryer

Building

Cats OKDogs OK
ElevatorRooftop Access
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units44
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About Market Flats Apartment Building

HomeApartments in OlympiaDowntown Olympia Market Flats Apartment Building

Market Flats is designed for intermingled living in the heart of a booming downtown Olympia. This is one of the smaller buildings in the neighborhood, intentionally designed to cultivate community. Walk across the street to Chelsea Oyster Bar, The Bread Peddler and Sofie's Scoops Gelateria (we love the guilt-free sampling environment). In addition to these gems across the street from your home you can find what you need a short walk away at Olympia’s beloved farmers’ market. Connecting you with fresh fish market, farmers market produce, restaurants, and the waterfront, walkability is the definition of the Market Flats location to work either in government, service industry, or our one of Olympia’s unique local businesses. Market Flats features: • Air conditioning in each unit • Washer and dryer in each unit • NO carpet in each unit • Pet-friendly roof top dog walking station • Walkable location Requirements include: •No smoking •12-month lease required •Application fee: $50.00 (non-refundable) •Deposit: 1 months’ rent+ 25% due at approval process to secure unit. (taken off market) •Pet Friendly with deposit: 25% of 1 months’ rent PER ANIMAL. ANIMAL RENT: Cats and Dogs only. NO other animal approved. $50.00 monthly per cat $ 35.00 monthly per dog •Tenants pay water/sewer/garbage $120.00 (monthly) •Parking: $90.00 monthly through building if available OR annually through the cityofolympia. org view their boundary map and fees. •Proof of renters insurance required Minimum credit score of 680 Can apply online @ urbanolympia. com Call Teri to schedule 360-742-4877


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
9.1
/10
Excellent
Market Flats Apartment Building is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Amenities and Price, which help to make this rental a great place to call home.
How we rated Market Flats Apartment Building
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Market Flats Apartment Building stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Market Flats Apartment Building stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Market Flats Apartment Building is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·9A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
Market Flats Apartment Building has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Market Flats Apartment Building is great for:

Pet owners

  • 4 pet hospitals in the area
  • 2 pet grooming services nearby
  • 7 pet supply stores near the property

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 Market Flats Apartment Building compares to other nearby properties.

Positives

Elevator
Improved accessibility features

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in Downtown Olympia

studio apartments at Market Flats Apartment Building cost about the same as the average rent price for studio apartments in Downtown Olympia.

Median rents as of May 9 2026.
Downtown Olympia
Olympia
A table of studio rental data trends in Olympia
MonthMedian Rent
May 2024$1,273
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
April 2026$1,238
May 2026$1,244
A table of studio rental data trends in Downtown Olympia
MonthMedian Rent
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
April 2026$1,211
May 2026$1,250

Affordability calculator

Can I afford to live at 310 Capitol Way N?

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

$50,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $50,000 annually to afford this studio monthly rent price of $1,250.
For more information on rent affordability, visit our rent calculator.

Schools near Market Flats Apartment Building

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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Internet available near Market Flats Apartment Building

Getting around Olympia near 310 Capitol Way N

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

8/10
This area is close to freeways and has adequate parking options.

Transit

5/10
Frequent public transit options are within walking distance.

Points of interest for 310 Capitol Way N, 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

5/10
At least one elementary school within a 30-minute walk

High schools

5/10
At least one high school within a 30-minute walk

Nightlife

6/10
Some bars within walking distance

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