Zumper

5012 4th Way Sw
5012 4th Way Sw, Olympia, WA 98502, USA

Apartment for rent
Pet friendly
Monthly rent
$2,095–$2,395
Beds2–4
Baths2
Sqft992–1,439
modified
Listed 21 Minutes Ago

Property Overview

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

Things you’ll love

  • Elementary school nearby
  • Less expensive
  • Images available

Great for

  • Pet owners

Highlights

  • Pet Friendly

Units

5012 4th Way Sw Olympia, WA

New Listing

104

Our team has verified this company

2 Beds

2 Baths

$2,095

Listed on 10/19/2026
Listed by 2 Bedroom, 2 Bath Apartment in West Olympia – Apply Today!
Welcome to your new home in the heart of West Olympia! This spacious 2-bedroom, 2-bathroom apartment offers the perfect mix of comfort, convenience, and community. • Bedrooms: 2 • Bathrooms: 2 • Location: Minutes from Hwy 101, shopping, Evergreen State College, and more! Apartment Features: •Open-concept layout with a spacious living area •Modern kitchen with stainless steel appliances •Full-size washer and dryer in-unit •Generous storage and closet space •Private balcony/patio (select units) Community Perks: •Large outdoor play area •Pet-friendly (breed restrictions apply) •Quiet, welcoming neighborhood — Rent just reduced! Don’t miss out, schedule your tour today!

New Listing

202

Our team has verified this company

4 Beds

2 Baths

$2,395

Listed on 10/19/2026
Listed by Rare spacious 4
Welcome home to this beautiful 4-bedroom, 2-bathroom apartment conveniently located in the heart of West Olympia. Just minutes from Highway 101, shopping centers, Evergreen State College, and local amenities, this apartment offers the perfect blend of comfort and accessibility. The open floor plan includes a spacious kitchen equipped with modern stainless steel appliances, making it ideal for cooking and entertaining. A full-size washer and dryer are included for your convenience, and the large play area provides plenty of space to enjoy outdoor activities. Nestled in a welcoming and pet-friendly neighborhood (breed restrictions apply), this community is perfect for those seeking a relaxing and vibrant living environment. schedule a tour now and make this apartment your new home.

Amenities for 5012 4th Way Sw

Some units at this address have these amenities. View unit details for more information.

Building
  • Dogs Ok
  • Cats Ok
  • Garage Parking
  • Storage
Unit Amenities
  • In-Unit Laundry

Policies at 5012 4th Way Sw

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Garage Parking

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

About 5012 4th Way Sw

HomeApartments in Olympia 5012 4th Way Sw #202, Olympia, WA 98502, USA

Interested in leasing 5012 4th Way Sw, Olympia, WA 98502, USA? Currently, 5012 4th Way Sw, Olympia, WA 98502, USA is available to rent or lease. It is a 4-bedroom apartment with 2 bathrooms. Below, you can compare the rent price at 5012 4th Way Sw, Olympia, WA 98502, USA vs overall rent prices in Olympia, WA. We have compiled nearby businesses and things to do close to 5012 4th Way Sw, Olympia, WA 98502, USA.

Address details

Units8
Units available2
City
Zip code98502

5012 4th Way Sw #202 is great for:

Pet owners

  • No breed or pet restrictions
  • 1 dog park within 1 mile
  • 1 pet grooming service nearby
  • 2 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 5012 4th Way Sw, Olympia, WA 98502, USA compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.4 miles away
Less expensive
Some rentals at this address are cheaper than similar listings nearby
Images available
There are at least 10 photos of this address

Considerations

Greater distance from high schools
The nearest high school is farther than 1.6 miles away
Greater distance from middle schools
The nearest middle school is farther than 1.5 miles away

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Rent trends in Olympia

If you decide to upgrade your space, you can expect 2-bedrooms at 5012 4th Way Sw #202 to be 12% more than the average for similarly sized apartments in Olympia.

4-bedroom apartments at 5012 4th Way Sw #202 cost about 20% less than the average rent price for 4-bedroom apartments in Olympia.

Median rents as of Oct 17 2026.
Olympia
A table of studio rental data trends in Olympia
MonthMedian Rent
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$1,287

Affordability calculator

Can I afford to live at 5012 4th Way Sw?

Bedrooms

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

$83,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $83,800 annually to afford this 2-bedrooms monthly rent price of $2,095.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 5012 4th Way Sw, Olympia, WA.
3 months ago$2,0952 bed2 bath
5 months ago$2,2953 bed2 bath
9 months ago$2,4954 bed2 bath
1 year ago$1,9452 bed2 bath
2 years ago$2,2953 bed2 bath
2 years ago$2,2953 bed2 bath
2 years ago$2,2953 bed2 bath
2 years ago$2,2953 bed2 bath

Schools near 5012 4th Way Sw #202

McLane Elementary School

200 delphi rd sw

olympia, WA, 98502

PK, K-5Public
B

Griffin School

6530 33rd ave nw

olympia, WA, 98502

PK, K-8Public
B

Tumwater Virtual Academy

7299 new market st sw bldge e

tumwater, WA, 98501

K-12Public

Washington Connections Academy

111 tumwater blvd se

tumwater, WA, 98501

K-8Public
B-

Ignite Family Academy

411 6th ave ne

lacey, WA, 98516

K-8Public
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Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Olympia near 5012 4th Way Sw

Walking

4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

2/10
There are a few mass transit options within the area.

Points of interest for 5012 4th Way Sw, Olympia

Groceries

5/10
Variety of groceries within a short drive

Shopping

5/10
Variety of shops within a short drive

Cafes

5/10
Variety of cafés within a short drive

Restaurants

5/10
Variety of restaurants within a short drive

Primary schools

6/10
At least one elementary school within a 20-minute walk

High schools

0/10
Closest high school further than a 30-minute walk

Nightlife

5/10
Variety of bars within a short drive

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