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120 Water St NW

Olympia, WA 98501 - Thurston County

Apartment

2 beds

2 baths

868 sqft

About 120 Water St NW

Welcome to 120 Water St NW, presented by Urban Management Co. We have several units available for lease. For more information and to schedule a showing, please contact us. Air Conditioning, Washer And Dryers In Unit, View Units, No Carpet, Roof Dog Walk, Washer/dryer, Dishwasher, Stove/oven, Refrigerator, Roof Top Access, None & Airconditioning. Pet Friendly.

RentalSource last checked: August 10, 2025 at 4:05 PM ET

Last updated: August 8, 2025 at 3:30 PM ET

Listed by: Urban Management Co, (360) 742-4877

Property Summary

Property Type:	Apartment
Rental Fee:	$2,250
Bedrooms:	2 beds
Bathrooms:	2 baths

Size:	868 sqft
Pet Friendly:	Yes
Listing Status:	Active
ID:	81961148

Property Amenities

• Air Conditioning

• Carpeted Floors

• Dishwasher

• Pet Friendly

• Refrigerator

• Washer/Dryer In Unit

Additional Details

Apartment for rent in Olympia for $2,250 with 2 beds, 2 baths, 868 sqft, pet friendly and located at 120 Water St NW in Olympia, WA 98501. The rental price of $2,250 is 17.1% ($329) higher than the average rent of $1,921 for a 2 bedroom apartment in Olympia, WA and 18.7% ($355) higher than the average rent of $1,895 for a 2 bedroom apartment in Thurston County. 120 Water St NW was advertised by Urban Management Co on August 8, 2025 at 9:09 AM ET and last checked today at 4:05 PM ET.

Affordability Calculator

Can I afford to live at 120 Water St NW?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$90,000 /year

With your chosen rent-to-income ratio, an annual income of $90,000 is recommended to comfortably afford this 2-bedroom rental priced at $2,250 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Apartment for rent

$2,250

Rent Affordability Calculator

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Property managed by:

Urban Management Co
(360) 742-4877

Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.