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Updated 37 minutes ago

Capitol Terrace Apartments


1517 Capitol Way S Olympia, WA

1 Bed
•
1 Bath

589 Sq. Ft.

Available Now
Floor plans
Studio • 1 Bath
$1,040 - $1,075
369 ft2
0 Available
Managed By: Capital Terrace Apartments
Unit 402
$1,040
Rented
View
Unit 602
$1,050
Rented
View
Unit 502
$1,050
Rented
View
Unit 613
$1,050
Rented
View
Unit 202
$1,075
Rented
View
Studio • 1 Bath
$1,050 - $1,095
353 ft2
0 Available
Managed By: Capital Terrace Apartments
Unit 504
$1,095
Rented
View
Unit 511
$1,095
Rented
View
Unit 211
$1,050
Rented
View
Unit 304
$1,075
Rented
View
Studio • 1 Bath
$1,050 - $1,075
360 ft2
0 Available
Managed By: Capital Terrace Apartments
Unit 214
$1,050
Rented
View
Unit 501
$1,075
Rented
View
1 Bed • 1 Bath
$1,375 - $1,500
589 ft2
2 Available
Managed By: Capital Terrace Apartments
Unit 507
$1,375
Available Now
View
Unit 608
$1,500
Available Now
View
View Rented Units
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2 Beds • 1 Bath
$1,550 - $1,600
777 ft2
0 Available
Managed By: Capital Terrace Apartments
Unit 105
$1,550
Rented
View
Unit 310
$1,600
Rented
View
Where you'll live
Street View
Map View
Satellite View
Capitol Terrace Apartments
Capitol Terrace Apartments
Capitol Terrace Apartments
Location ratings
Walk Score®
74
Very Walkable
Transit Score®
43
Some Transit
Bike Score®
85
Very Bikeable
Amenities
Elevator
Fees & leasing info
Lease & Fees
Security Deposit: $500
Property details
Description

Light Filled- apartment in Secured building -in the Lovely South Historic Dist. On bus-line. Adjacent to the Capitol and Freeway. Close to stores and downtown.
No pets.
Laundry 24/7 available.

Additional Details
Total Unit Count: 82
Last Updated: Updated 37 minutes ago
Contact Number: (360) 357-4242
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
CenturyLink, Inc. 40.0 3.0
ViaSat, Inc. 35.0 3.0
Hughes Network Systems, LLC 25.0 3.0
VSAT Systems, LLC 2.0 1.3
Data from June 2020 provided by the FCC
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Photos Floor Plans Amenities
Renters Also Viewed
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2108 Capitol Way Apt 3 S
Olympia, WA
1 BR
0.3 miles away
$1,495
Cedar Pointe Apartments
711 13th Ave SE Olympia, WA
1 BR | Available Now
0.5 miles away
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Cedar Pointe Apartments - 811
811 13th Ave SE Olympia, WA
1 BR | Available Now
0.5 miles away
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Boardwalk Apartments
410 Capitol Way N Olympia, WA
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0.7 miles away
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Oly-adams 726
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Cunningham Building
323 4th Ave E Olympia, WA
1 BR | Available Now
0.8 miles away
$1,600
321 Lofts
321 Legion Way SE Olympia, WA
1 BR | Available Now
0.6 miles away
$1,400
Thompson Apartments
208 Legion Way SE Olympia, WA
1 BR | Aug. 18, 2026
0.6 miles away
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401 Union
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Capitol Terrace Apartments by bedroom type below.
1 Bedroom
Suggested income:
$51,700
per year
Rent report

Capitol Terrace Apartments Rent vs. Olympia Average

 Capitol Terrace Apartments      Olympia Average
1BR
$1,438
$1,671
$0
$550
$1,100
$1,650
$2,200

Capitol Terrace Apartments is asking 14% less than the average 1 bedroom apartment in Olympia.

If you upsized to an average priced Olympia 2 bedroom apartment, you would pay 13% more per month.

If you downsized to an average priced Olympia studio apartment, you would pay 38% less per month.

Capitol Terrace Apartments provides 9% less square footage than the average Olympia 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Capitol Terrace Apartments
1BR $1,438 $2.40 $4,313
Olympia Average
Studio $1,212 $3.20 $3,635
1BR $1,671 $2.60 $5,012
2BR $1,923 $2.00 $5,768
3BR $2,322 $1.70 $6,965
4BR $2,891 $1.30 $8,674

Availability in Olympia

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 202 2BR units on the market in Olympia. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
30% 28% 33% 7% 1%
Available Units in Olympia
Studio 185
1BR 173
2BR 202
3BR 44
4BR 7
Location
Nearby Colleges

South Puget Sound Community College

The Evergreen State College

Nearby Hospitals
Name Distance
C API Tal Medical Center 2.47 mi.
Providence St. Peter Hospital 2.86 mi.
Mason Ge NER Al Hospital 16.61 mi.
Nearby Fire Stations
Name Distance
West Thurston Regional Fire Authority 0.25 mi.
Thurston County Fire Protection District 8 0.25 mi.
Thurston County Fire Protection District No. 13 0.25 mi.
FAQs
Is this property currently leasing units?
Yes. There are 2 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 2 units vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units are 589 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 1 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,375 to $1,500. Capitol Terrace Apartments has 1 bedroom units available starting at $1,375.
Where is this property located?
This property is at 1517 Capitol Way S in Olympia, WA. It's 0.3 miles north from the center of Olympia.
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