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The Malt House Apartment Homes offers a strong mix of value, convenience, and standout amenities, with an 8.5 rating that reflects competitive pricing, excellent features, and a well-located setting. It includes french doors, washer & dryers, an outdoor patio, exposed steel beams, pet-friendly living, and no smoking, and is also highlighted for fitness and wellness with nearby parks, sports facilities, natural light, and pet-care options.
Things you’ll love
High school nearbyElementary school nearbyElevatorGreat for
Wellness
Pet owners| 0BR/1.0BA | Studio | 1 bath | 398+ sqft | $1,300–$1,325 /mo | 8 units available | Call to see this unit today! (360) 742-4877 Step into a one-of-a-kind community where old industrial architecture meets modern apartment living. With a striking brick exterior, exposed black steel beams, and signature red storefront windows, every detail celebrates the building’s industrial roots while creating a fresh, contemporary place to call home. Residences feature vinyl flooring, air conditioning, dishwashers, and in-unit washer and dryers. Beyond your front door, unwind on the community patio around the fire pit, enjoy the dedicated dog walk, or take advantage of the onsite parking garage. Magnificently huge red framed windows on the street side shine bright as you drive by. The windows aren’t the only cool find you will see at this Industrial style building, an open deck off the back of the building is designed for all the tenants to enjoy. 5 studio units have a french door onto the outdoor patio area and this is one of them! Fresh air return keeps the air filtered and fresh all the time, ask us more when you schedule a tour. Malt House Features: • Air-Conditioning • In-Unit Washer and Dryer • Pet-Friendly • Luxury Vinyl Flooring, NO Carpet • Exposed Steel Beams • Vibrant Storefront Windows • Quartz Countertops and Stainless Appliances • Elevator Access • Dog-Walk Area • Patio Community Area, Includes Seating + Fire Pit • Onsite Parking Garage, Spaces Available 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 | 610 sqft | $1,625 /mo | 1 unit available | Call to see this unit today! (360) 742-4877 Step into a one-of-a-kind community where old industrial architecture meets modern apartment living. With a striking brick exterior, exposed black steel beams, and signature red storefront windows, every detail celebrates the building’s industrial roots while creating a fresh, contemporary place to call home. Residences feature vinyl flooring, air conditioning, dishwashers, and in-unit washer and dryers. Beyond your front door, unwind on the community patio around the fire pit, enjoy the dedicated dog walk, or take advantage of the onsite parking garage. Fresh air return keeps the air filtered and fresh all the time, ask us more when you schedule a tour. Malt House Features: • Air-Conditioning • In-Unit Washer and Dryer • Pet-Friendly • Luxury Vinyl Flooring, NO Carpet • Exposed Steel Beams • Vibrant Storefront Windows • Quartz Countertops and Stainless Appliances • Elevator Access • Dog-Walk Area • Patio Community Area, Includes Seating + Fire Pit • Onsite Parking Garage, Spaces Available 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 | Deck |
| Patio |
Appliances
| Dishwasher | In-Unit Laundry |
| Oven | Range |
| Refrigerator | Stove/Oven |
| Washer and Dryer |
Tech
| Keyless Entry |
Building
| Cats OK | Dogs OK |
| Elevator | Fitness Center |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Units | 57 |
|---|
Call to see this unit today! (360) 742-4877 Step into a one-of-a-kind community where old industrial architecture meets modern apartment living. With a striking brick exterior, exposed black steel beams, and signature red storefront windows, every detail celebrates the building’s industrial roots while creating a fresh, contemporary place to call home. Residences feature vinyl flooring, air conditioning, dishwashers, and in-unit washer and dryers. Beyond your front door, unwind on the community patio around the fire pit, enjoy the dedicated dog walk, or take advantage of the onsite parking garage. Magnificently huge red framed windows on the street side shine bright as you drive by. The windows aren’t the only cool find you will see at this Industrial style building, an open deck off the back of the building is designed for all the tenants to enjoy. 5 studio units have a french door onto the outdoor patio area and this is one of them! Fresh air return keeps the air filtered and fresh all the time, ask us more when you schedule a tour. Malt House Features: • Air-Conditioning • In-Unit Washer and Dryer • Pet-Friendly • Luxury Vinyl Flooring, NO Carpet • Exposed Steel Beams • Vibrant Storefront Windows • Quartz Countertops and Stainless Appliances • Elevator Access • Dog-Walk Area • Patio Community Area, Includes Seating + Fire Pit • Onsite Parking Garage, Spaces Available 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
How The Malt House Apartment Homes compares to other nearby properties.
Positives
Studio apartments at The Malt House Apartment Homes cost about 4% more than the average rent price for studios in Downtown Olympia.
1-bedroom apartments here are priced 6% higher than 1-bedrooms in Downtown Olympia.
| Month | Median Rent |
|---|---|
| September 2024 | $1,260 |
| 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 | $1,282 |
| September 2026 | $1,292 |
| Month | Median Rent |
|---|---|
| September 2024 | $1,300 |
| 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 | $1,250 |
Can I afford to live at 505 Legion Way Se?
Bedrooms
Rent-to-income ratio
30%
$52,000/yr
1225 legion way se
olympia, WA, 98501
7299 new market st sw bldge e
tumwater, WA, 98501
411 6th ave ne
lacey, WA, 98516
305 college st ne
lacey, WA, 98516
111 tumwater blvd se
tumwater, WA, 98501
4822 Rural Road Southwest
1–3 Beds
$1,745–$2,595
Downtown Olympia • 321 Legion Way Se
Studio–2 Beds
$1,300–$2,150
4822 Rural Road Southwest
1–3 Beds
$1,745–$2,595
Downtown Olympia • 321 Legion Way Se
Studio–2 Beds
$1,300–$2,150
