The Malt House Apartment Homes
505 Legion Way SE,
Olympia, WA 98501
$1,225 - $1,275 | Studio
Downtown Olympia
Olympia, WA
Downtown Olympia - Olympia, WA
Area Guide
An artistic hub on Puget Sound
Artistic
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Urban
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Walkable
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Waterfront
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Marinas
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Shops
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Restaurants
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The first thing you'll probably notice about Downtown Olympia is its large, impressive murals -- these bright, colorful works of art adorn the sides of several buildings. Walk along the wide, tree-lined sidewalks and you'll discover charming shops and restaurants contained in those historic brick buildings. Head toward Puget Sound and admire the sailboats, yachts, and fishing boats dotting the water and lining the marina.
As a hub for artists and musicians, Downtown Olympia has a style and flavor all its own. Enjoy the beautiful, serene views from Heritage Park or the stunning backdrop of the Olympic Mountains and Mount Rainier. Downtown is home to the Farmers Market, the Hands On Children's Museum, eight public parks, five theaters, and a twice-a-year art walk.
Rent Trends
As of April 2025, the average apartment rent in Downtown Olympia is $1,313 for a studio, $1,464 for one bedroom, $2,166 for two bedrooms, and $2,428 for three bedrooms. Apartment rent in Downtown Olympia has increased by 1.3% in the past year.
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Studio
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450 sq ft
Average Sq Ft
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$1,313/month
Average Rent
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1 BR
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589 sq ft
Average Sq Ft
-
$1,464/month
Average Rent
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2 BR
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960 sq ft
Average Sq Ft
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$2,166/month
Average Rent
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3 BR
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1,357 sq ft
Average Sq Ft
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$2,428/month
Average Rent
Transportation
87
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
54
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
93
Biker's Paradise
out of 100 BikeScore® Rating
Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.
Points of Interest
Shopping Centers
Parks and Recreation
- Percival Landing
- East Bay Waterfront Park
- Heritage Park Fountain Park
- Bigelow Springs
- Yashiro Japanese Garden
Transit / Subway
Military Bases
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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.