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Market Flats Apartment Building earns strong marks for value, amenities, location, and quality, with a 9.1 expert rating that reflects a competitive rental option. Its waterfront setting, in-unit washer and dryer, and air conditioning add appeal, while 40 photos and nearby pet services provide helpful extra context.
Things you’ll love
ElevatorImages AvailableGreat for
Pet owners| 0BR/1.0BA | Studio | 1 bath | 377+ sqft | $1,250–$1,300 /mo | 5 units available | WE HAVE A MANAGERS SPECIAL : Approved Application in the month of September for a move in no later than October 2026, 1 MONTH FREE RENT All other terms remain the same. Special only good for studio units only. Call to see this unit today! (360) 742-4877 WE HAVE A MANAGERS SPECIAL : Approved in the month of September for a move in no later than October 9th 2026,1 MONTH FREE RENT Market Flats is designed for intermingled living in the heart of booming downtown Olympia. This is one of the best new buildings in the neighborhood intentionally designed to cultivate community. Walk downstairs to Gold Standard, or across the street to 222 Market- Chelsea Oyster Bar, The Bread Peddler, Dos Hermanos, Endless Cellars, Sofie's Scoops Gelato, and Tender Velvet Rebel Oven. In addition to these gems across the street from Market Flats- you can find what you need a short walk away at Olympia’s beloved Farmers Market. Connecting you with other markets like listed above and the Olympia Fish Market in view across the street ; the walkability is the definition of the Market Flats community! Whether you work in government, service industry, or our one of Olympia’s unique local businesses, you will feel right at home. Market Flats Features: • Air-Conditioning • In-Unit Washer and Dryer • Pet-Friendly • Luxury Vinyl Flooring, NO Carpet • Quartz Countertops and Stainless Appliances • Elevator Access • Rooftop Dog-Walk Area • Rooftop Community Area, Includes Seating + Fire Pit • Limited Parking Available Onsite for Rent • Membership to the Urban Olympia gym, located a short walk away with 24/7 Access Requirements include: •No smoking •12-month lease required •Application fee: $50.00 (non-refundable) •Deposit: 1 months’ rent. 25% of this amount is due at approval process to secure unit. •Pet Friendly with deposit: 25% of 1 months’ rent PER ANIMAL. •ANIMAL RENT: $50.00 monthly per cat, $35.00 monthly per dog •Cats and Dogs only. NO other animal approved. •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 | |
| 1BR/1.0BA | 1 bed | 1 bath | 594 sqft | $1,600 /mo | 1 unit available | Market Flats is designed for intermingled living in the heart of booming downtown Olympia. This is one of the best new buildings in the neighborhood intentionally designed to cultivate community. Walk downstairs to Gold Standard, or across the street to 222 Market- Chelsea Oyster Bar, The Bread Peddler, Dos Hermanos, Endless Cellars, Sofie's Scoops Gelato, and Tender Velvet Rebel Oven. In addition to these gems across the street from Market Flats- you can find what you need a short walk away at Olympia’s beloved Farmers Market. Connecting you with other markets like listed above and the Olympia Fish Market in view across the street ; the walkability is the definition of the Market Flats community! Whether you work in government, service industry, or our one of Olympia’s unique local businesses, you will feel right at home. Market Flats Features: • Air-Conditioning • In-Unit Washer and Dryer • Pet-Friendly • Luxury Vinyl Flooring, NO Carpet • Quartz Countertops and Stainless Appliances • Elevator Access • Rooftop Dog-Walk Area • Rooftop Community Area, Includes Seating + Fire Pit • Limited Parking Available Onsite for Rent • Membership to the Urban Olympia gym, located a short walk away with 24/7 Access Requirements include: •No smoking •12-month lease required •Application fee: $50.00 (non-refundable) •Deposit: 1 months’ rent. 25% of this amount is due at approval process to secure unit. •Pet Friendly with deposit: 25% of 1 months’ rent PER ANIMAL. •ANIMAL RENT: $50.00 monthly per cat, $35.00 monthly per dog •Cats and Dogs only. NO other animal approved. •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 | |
| 2BR/2.0BA | 2 bed | 2 bath | 829 sqft | $2,250 /mo | 1 unit available | Market Flats is designed for intermingled living in the heart of booming downtown Olympia. This is one of the best new buildings in the neighborhood intentionally designed to cultivate community. Walk downstairs to Gold Standard, or across the street to 222 Market- Chelsea Oyster Bar, The Bread Peddler, Dos Hermanos, Endless Cellars, Sofie's Scoops Gelato, and Tender Velvet Rebel Oven. In addition to these gems across the street from Market Flats- you can find what you need a short walk away at Olympia’s beloved Farmers Market. Connecting you with other markets like listed above and the Olympia Fish Market in view across the street ; the walkability is the definition of the Market Flats community! Whether you work in government, service industry, or our one of Olympia’s unique local businesses, you will feel right at home. Market Flats Features: • Air-Conditioning • In-Unit Washer and Dryer • Pet-Friendly • Luxury Vinyl Flooring, NO Carpet • Quartz Countertops and Stainless Appliances • Elevator Access • Rooftop Dog-Walk Area • Rooftop Community Area, Includes Seating + Fire Pit • Limited Parking Available Onsite for Rent • Membership to the Urban Olympia gym, located a short walk away with 24/7 Access Requirements include: •No smoking •12-month lease required •Application fee: $50.00 (non-refundable) •Deposit: 1 months’ rent. 25% of this amount is due at approval process to secure unit. •Pet Friendly with deposit: 25% of 1 months’ rent PER ANIMAL. •ANIMAL RENT: $50.00 monthly per cat, $35.00 monthly per dog •Cats and Dogs only. NO other animal approved. •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 |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Carpet |
| No Carpet |
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Oven |
| Range | Refrigerator |
| Stove/Oven | Washer and Dryer |
Building
| Cats OK | Dogs OK |
| Elevator | Rooftop Access |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Units | 44 |
|---|
Downtown Living, Rooted in Community Discover a more connected way to experience downtown Olympia. With just 44 thoughtfully designed studios, one-bedroom, and two-bedroom apartments, this intimate community offers a welcoming place to call home. Set against a striking red brick exterior, the building blends timeless character with the energy of downtown. Step outside and you’re within easy reach of the Olympia Farmers Market, Puget Sound, 222 Market, local restaurants, bars, shops, and everything else that makes downtown feel like a true neighborhood. With Gold Standard right downstairs, there’s always something to enjoy just steps from home. Designed for those who love being part of the community, this is more than a place to live—it’s a place to feel connected. Walk to your favorite spots, get to know your neighbors, and enjoy the convenience of having downtown Olympia right at your doorstep. Market Flats Features: • Air-Conditioning • In-Unit Washer and Dryer • Pet-Friendly • Luxury Vinyl Flooring, NO Carpet • Quartz Countertops and Stainless Appliances • Elevator Access • Rooftop Dog-Walk Area • Rooftop Community Area, Includes Seating + Fire Pit • Limited Parking Available Onsite for Rent • Membership to the Urban Olympia gym, located a short walk away with 24/7 Access
How Market Flats Apartment Building compares to other nearby properties.
Positives
Studio apartments at Market Flats Apartment Building cost about the same as the average rent price for studios in Downtown Olympia.
1-bedroom apartments here are priced 5% higher than 1-bedrooms in Downtown Olympia.
If you decide to upgrade your space, you can expect 2-bedrooms at Market Flats Apartment Building to be 5% more than the average for similarly sized apartments in Downtown Olympia.
| Month | Median Rent |
|---|---|
| October 2024 | $1,295 |
| 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 | $1,282 |
| September 2026 | $1,269 |
| October 2026 | $1,288 |
| Month | Median Rent |
|---|---|
| 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 | $1,260 |
| September 2026 | $1,244 |
| October 2026 | $1,250 |
Can I afford to live at 310 Capitol Way N?
Bedrooms
Rent-to-income ratio
30%
$50,000/yr
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