Updated
Bellwether Apartments
1400 Fones Rd SE, Olympia, WA 98501, USA
Live pricing, refreshed
How does this compare? View Olympia 98501 rent trends
Pricing by Bedroom
Rent Distribution
Price by Bedroom
Price Breakdown
Rent by Unit
Price vs. Square Footage
Price History
Property Price Trend
Units with Price Changes (3)
Last 15 days
Estimated Building Revenue
How is this calculated?
Rental revenue model
We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.
- Building size: modeled from how many distinct units we have observed over time
- Occupancy: building size minus currently listed units
- Rents: observed lease-offs first, current asking rents as fallback
These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).
Est. Monthly Revenue
$3,575
$43K annual run rate
Modeled estimate
Est. Occupancy
29%
of about 7 units (modeled from leasing activity)
Effective Rent on New Leases
$1,788
vs $1,843 current asking ($55 negotiation gap)
Recent Lease Activity
7 units tracked; 2 assumed leased, 5 listed nowSee which units leased, when they left the market, and the rent they leased at.
Unlock with ProProperty Intelligence
How is this calculated?
Negotiation Leverage Score (0-100)
Based on 5 observable signals from the property's listing data:
- +30 pts: 15+ units currently listed
- +25 pts: Active move-in specials
- +20 pts: Deep discounts (>$150/mo off)
- +15 pts: 5+ distinct floor plans
- +10 pts: 25+ units listed
All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.
Listed Units
5
Moderate availability
3 floor plans
Move-in Specials
0
No active promotions
Negotiation Leverage
High demand property with less room to negotiate on price.
Price vs. Olympia, WA
SimilarComparing this building against 2 similar Olympia, WA apartments by price. Click any bar to view that building.
See rent trends on the Olympia, WA map Explore Olympia, WA on the interactive map
Available Units
| Unit | Floor Plan | Bed/Bath | Sqft | ↑ Price | $/Sqft | Available | Listed | Details |
|---|---|---|---|---|---|---|---|---|
| 5 | Lrg 1B 1B | 1bd / 1ba | 683 | $1,600 | $2.34 | -- | Pro | |
| 4 | Lrg 1B 1B | 1bd / 1ba | 683 | $1,675 | $2.45 | -- | Pro | Up $75 since Aug 11 |
| 1 | 2B 1.5B | 2bd / 1.5ba | 899 | $1,825 | $2.03 | -- | Pro | |
| 2 | 3B 2B | 3bd / 2ba | 1,151 | $2,045 | $1.78 | -- | Pro | |
| 3 | 3B 2B | 3bd / 2ba | 1,151 | $2,070 | $1.80 | -- | Pro | Up $25 since Aug 11 |
Unit Details
Chart
Train activity
Train activity nearby
Freight line 2,563 ft away
- Trains pass infrequently
- No road crossing within earshot. Horns unlikely.
- Operator: WEYC
City Club
Resident Notes & Access Codes
Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Olympia, WA notes
Similar Apartments Nearby
Trailside
Lacey, WA · 0.3 mi away · 1% below
Emerald Pointe Apartments
Lacey, WA · 1.7 mi away · Similar rent
Regency Apartments
Lacey, WA · 1.7 mi away · 2% above
Capitol Club Apartments
Lacey, WA · 0.3 mi away · 9% below
Talisman
1.1 mi away · 1% above
Landis Pointe
1.5 mi away · 3% above
Olympia 98501 Rent Trends
See how rent prices are changing in Olympia 98501 and across Olympia, WA.