Available Oct 26

$1,975/mo

1 bed1 bath610 sqft

Apartment for rent120 Water St. NW, Olympia, WA, 98501

120 Water St. NW

LIVING BETTER IS EVERYONE'S DREAM and we found the DREAM view location! Named for the tree found near coastal waters, the Pacific Madrone symbolizes both beauty and enduring strength. The Madrone Apartments will echo those qualities for the Percival Landing corner of State Ave. and Water St. in downtown Olympia to become the place that you want to call home. 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 roof top coming this summer! Limited parking for a monthly fee is also available. The Olympia locals agree that 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. West facing apartment holds this one bedroom floor plan . The windows are tall and on purpose as you view the water . Eat at countertop, tons of cabinet storage, and great common area. The laundry closet has extra storage space to keep the place tidy. NO carpet anywhere in the unit, window coverings are white roller shades for privacy, but you can still see out! All the walls are white, but wait until you see the kitchen in person, the color is fabulous! Air conditioning is installed with an energy efficient system. •No smoking •12 month lease required •Application fee: $50.00 (non refundable) •Deposit: 1 months rent+ 25% due at approval process to secure unit. (take off market) •Pet Friendly with deposit: 25% of 1 months rent per pet DOG rent$35.00 CAT rent $50.00monthly •Tenants pay water/sewer/garbage $120.00 (monthly) •Parking: $90.00 monthly through building if available OR (annually through the cityofolympia.org)1 spot per unit maximum, limited spots to less then ½ the building. •Proof of renters insurance required Minimum credit score of 680

Last updated Sep 25, 2026

Amenities

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

Neighborhood

120 Water St. NW, Olympia, WA, 98501

Policies & fees

Lease length:Contact for details

Security deposit:$1,975

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 1-bed, 1-bath layout with 610 sq ft

Frequently asked questions

Price and availability subject to change.