The Malt House Apartment Homes
505 Legion Way SE,
Olympia, WA 98501
$1,225 - $1,600 | Studio - 1 Bed
Olympia
Olympia, WA
Area Guide
Bask in the beautiful waterfront lifestyle of Washington’s state capital
Bayfront
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Lakeside
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Picturesque
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Historic
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Active
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Nautical
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Olympia is more than just the state capital of Washington. It is a vibrant community-centered city with plenty of exciting entertainment options for residents and visitors alike. Olympia prides itself on supporting independent businesses, with popular local farmers markets, cafes, and handcrafted beer and wine. The South Sound Wine Trail leads you through Lacey, Olympia, Tenino, and Shelter and includes six award-winning wineries. Breweries are plentiful as well, like Fish Tale Brew Pub and Three Magnets Brewing Co.
Restaurants range from casual to fine dining in Olympia, but waterfront dining is always a local favorite. Anthony’s Hearthfire Grill is a pristine waterfront restaurant at the edge of the Port of Olympia, with gorgeous sunset views and the freshest seafood. Budd Bay Café is another local favorite, with 180-degree bay views overlooking the marina.
Hike the trails at Priest Point Park, kayak on the bay, fish on the docks, or simply enjoy the great outdoors at one of the many community spots in the area. Olympia is within minutes of countless recreational destinations, including Capitol State Forest, Olympic National Forest, and Mount Rainier National Park.
Voted “Best Family Entertainment,” the Hands On Children’s Museum is a community hub for hands-on science and art education for the whole family. With events, festivals, and parades going on weekly in Olympia, there’s always something to do. After you’re finished exploring for the day, head home to your peaceful Olympia apartment. Whether you prefer luxury fixtures or modest digs, Olympia offers rental apartments to suit any style.
Rent Trends
As of April 2025, the average apartment rent in Olympia, WA is $1,331 for a studio, $1,476 for one bedroom, $1,796 for two bedrooms, and $2,107 for three bedrooms. Apartment rent in Olympia has decreased by -0.2% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,476/month
669 Sq Ft
House
$2,619/month
1,586 Sq Ft
Townhome
$2,340/month
1,147 Sq Ft
Cost of Living
The cost of living in Olympia, WA is 14.6% higher than the national average. Generally, housing in Olympia is 21.1% more expensive than the national average, with rent falling between $1,331 - $2,107. You can expect to pay 7.4% more for groceries, 6.4% less for utilities, and 30.4% more for transportation.
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Transportation
53
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
33
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
62
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Schools
Public
Grades PK-5
393 Students
8
Public
Grades PK-5
605 Students
7
Public
Grades PK-8
577 Students
7
Public
Grades K-5
355 Students
7
Public
Grades PK-5
177 Students
7
Public
Grades 6-8
447 Students
8
Public
Grades 6-8
750 Students
7
Public
Grades PK-8
577 Students
7
Thurgood Marshall Middle School
Public
Grades 6-8
441 Students
7
Public
Grades 6-8
392 Students
7
Public
Grades 9-12
1,838 Students
9
Public
Grades 9-12
1,326 Students
7
Public
Grades 6-12
4 Students
Rating Unavailable
School data provided by
GreatSchools
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
Points of Interest
Shopping Centers
Parks and Recreation
- Hands On Children's Museum
- Yashiro Japanese Garden
- Heritage Park Fountain Park
- Olympia Woodland Trail
- Percival Landing
Transit / Subway
Military Bases
Top Apartments in Olympia
Houses for Rent in Olympia
Property Management Companies in Olympia, WA
Olympic Management Company
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Woodspear Properties
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Edison47
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Grandview Management Services
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.