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Updated 2 hours ago

Capitol Terrace Apartments


1517 Capitol Way S Olympia, WA

Studio - 2 Bed
•
1 Bath

353 - 777 Sq. Ft.

Available Now
Floor plans
Studio • 1 Bath
$1,175
353 ft2
1 Available
Managed By: Capital Terrace Apartments
Unit 404
$1,175
Available Now
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1 Bed • 1 Bath
$1,175 - $1,250
518 ft2
0 Available
Managed By: Capital Terrace Apartments
Unit 108
$1,175
Rented
View
Unit 107
$1,250
Rented
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1 Bed • 1 Bath
$1,225 - $1,500
589 ft2
0 Available
Managed By: Capital Terrace Apartments
Unit 307
$1,275
Rented
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Unit 308
$1,225
Rented
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Unit 507
$1,425
Rented
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Unit 608
$1,500
Rented
View
Unit 207
$1,400
Rented
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1 Bed • 1 Bath
$1,300 - $1,450
614 ft2
0 Available
Managed By: Capital Terrace Apartments
Unit 612
$1,400
Rented
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Unit 212
$1,300
Rented
View
Unit 512
$1,450
Rented
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1 Bed • 1 Bath
$1,375 - $1,400
635 ft2
0 Available
Managed By: Capital Terrace Apartments
Unit 609
$1,375
Rented
View
Unit 306
$1,375
Rented
View
Unit 406
$1,400
Rented
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1 Bed • 1 Bath
$1,200
720 ft2
0 Available
Managed By: Capital Terrace Apartments
Unit 314
$1,200
Rented
View
2 Beds • 1 Bath
$1,750
777 ft2
1 Available
Managed By: Capital Terrace Apartments
Unit 110
$1,750
Available Nov 20th, 2026
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View Rented Units
Where you'll live
Street View
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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:

500 - 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 2 hours 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.
Studio
Suggested income:
$42,300
per year
2 Bedroom
Suggested income:
$63,000
per year
Rent report

Capitol Terrace Apartments Rent vs. Olympia Average

 Capitol Terrace Apartments      Olympia Average
Studio
$1,175
$1,278
$0
$450
$900
$1,350
$1,800
2BR
$1,750
$1,891
$0
$650
$1,300
$1,950
$2,600

Capitol Terrace Apartments is asking 8% less than the average studio apartment in Olympia.

If you upsized to an average priced Olympia 1 bedroom apartment, you would pay 20% more per month.

Capitol Terrace Apartments provides 5% less square footage than the average Olympia studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Capitol Terrace Apartments
Studio $1,175 $3.30 $3,525
2BR $1,750 $2.30 $5,250
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 198 2BR units on the market in Olympia. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
26% 25% 35% 12% 2%
Available Units in Olympia
Studio 146
1BR 144
2BR 198
3BR 66
4BR 10
Location
Nearby Colleges

South Puget Sound Community College

The Evergreen State College

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 available for move-in over the next 2 months. 1 unit is vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 353 to 777 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 studio and 2 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 $1,175 to $1,750. Capitol Terrace Apartments has studio units available starting at $1,175 and 2 bedroom units available starting at $1,750.
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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