Available now

$1,350/mo

Studio1 bath438 sqft

Apartment for rent at 120 Water St. NW, Olympia, WA, 98501

120 Water St. NW

Call to see this unit today! (360) 742-4877 or email [email protected] Special Offer! Apply now and receive one month free! The Madrone is 10/10 walkability to local business, shopping, and numerous food options. You won’t be let down by the convenient location boasting the views of Budd Inlet, Capitol Lake, and the Capitol Rotunda Peak. Quality finishes include, brick exterior, expansive windows for the view, trending dual colored cabinetry, quartz countertops, in unit washer and dryer, and don't forget, air conditioning in every unit. Pet friendly building with a dog walking station on the rooftop, along with the rooftop community area featuring furniture, fire pits, barbecue grill, and amazing views of the water and Capitol! Limited onsite parking is also available for rent. This studio is tucked on the back SE side. This studio has a efficient kitchen and is ADA accessible. Huge bathroom, No carpet anywhere in unit, AC unit, stackable washer and dryer, high ceilings. GYM access to all tenants 24/7. The Madrone Features: • Air-Conditioning • In-Unit Washer and Dryer • Pet-Friendly • Luxury Vinyl Flooring, NO Carpet • Beautiful Water Views in Select Units • Large Windows • Quartz Countertops and Stainless Appliances • Elevator Access • Dog-Walk Area • Rooftop Community Area, Includes Seating + Fire Pit. Amazing Views of the Puget Sound, The Capitol Building, and Downtown Olympia. • Onsite Parking Available for Rent • Gym Downstairs with 24/7 Access Requirements include: •No smoking •12-month lease required •Application fee: $50.00 (non-refundable) •Deposit: 1 months’ rent. 25% of this amount is due at approval process to secure unit. •Pet Friendly with deposit: 25% of 1 months’ rent PER ANIMAL. •ANIMAL RENT: $50.00 monthly per cat, $35.00 monthly per dog •Cats and Dogs only. NO other animal approved. •Tenants pay water/sewer/garbage $120.00 (monthly) •Parking: $90.00 monthly through building if available OR annually through the cityofolympia.org view their boundary map and fees. •Proof of renters insurance required Minimum credit score of 680 Can apply online @ urbanolympia.com Call Teri to schedule 360-742-4877

Last updated Sep 3, 2026

Amenities

  • Air conditioning: Other
  • Dishwasher
  • Parking: Other
  • View
  • Washer & dryer: Other

Neighborhood

120 Water St. NW, Olympia, WA, 98501

Map of 120 Water St. NW, Olympia, WA, 98501
120 Water St. NW

Policies & fees

Lease length:Contact for details

Security deposit:$1,350

Amount refundable:Contact for details

Pets:Allowed

Small Dogs Allowed, Large Dogs Allowed, Cats Allowed

Monthly pet fee:Contact for details

Pet deposit:Contact for details

Application fee:Contact for details

Screening required:No

Smoking:N/A

Utilities

Contact for details

  • Cable/satellite
  • Electric
  • Garbage
  • Gas
  • HOA fees
  • Internet
  • Water
  • Sewer
  • Renters insurance

Property highlights

  • Pet friendly: cats & dogs are welcome in Olympia, WA
  • Spacious studio, 1-bath layout with 438 sq ft

Frequently asked questions

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Price and availability subject to change.