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Updated 17 minutes ago

Capitol Terrace Apartments


1517 Capitol Way S Olympia, WA

1 Bed
•
1 Bath

589 Sq. Ft.

Available starting Nov. 16th
Floor plans
Studio • 1 Bath
$1,040 - $1,075
369 ft2
0 Available
Managed By: Capital Terrace Apartments
Unit 402
$1,040
Rented
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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 - $1,175
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
Unit 404
$1,175
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
$1,400
589 ft2
1 Available
Managed By: Capital Terrace Apartments
Unit 207
$1,400
Available Nov 16th, 2026
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
Pets
Dogs Ok
Cats Ok
Lease & Fees
Security Deposit: $750
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 17 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
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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:
$50,400
per year
Rent report

Capitol Terrace Apartments Rent vs. Olympia Average

 Capitol Terrace Apartments      Olympia Average
1BR
$1,400
$1,590
$0
$550
$1,100
$1,650
$2,200

Capitol Terrace Apartments is asking 12% less than the average 1 bedroom apartment in Olympia.

If you upsized to an average priced Olympia 2 bedroom apartment, you would pay 16% more per month.

If you downsized to an average priced Olympia studio apartment, you would pay 24% less per month.

Capitol Terrace Apartments provides 7% less square footage than the average Olympia 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Capitol Terrace Apartments
1BR $1,400 $2.40 $4,200
Olympia Average
Studio $1,278 $3.40 $3,833
1BR $1,590 $2.50 $4,771
2BR $1,891 $2.00 $5,673
3BR $2,297 $1.80 $6,892
4BR $2,883 $1.30 $8,650

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 219 Studio units on the market in Olympia. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
35% 25% 32% 7% 0%
Available Units in Olympia
Studio 219
1BR 156
2BR 203
3BR 45
4BR 3
Location
Nearby Colleges

South Puget Sound Community College

The Evergreen State College

FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on November 16, 2026.
What's the square footage of the available units?
It's 589 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
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?
Capitol Terrace Apartments has a 1 bedroom unit starting at $1,400.
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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