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Average Rent in Olympia, WA & Rent Trends

Rent prices and market trends across 3 apartment communities in Olympia, WA. Updated daily.

Market Average

$1,778/mo

Lowest Available

$1,525/mo

cheapest unit on market

Communities

3

tracked daily

Units Listed

14

available now

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Rent by Neighborhood in Olympia, WA

Compare average rent across Olympia, WA neighborhoods. Click any area to see detailed trends.

Neighborhood Avg Rent 30d Change From Properties Units
Olympia 98506 $1,780 ▼  $39 $1,699 2 10
Olympia 98501 $1,750 ▼  $87 $1,525 1 3

Is Rent Going Up or Down in Olympia, WA?

As of October 2026, the average rent in Olympia, WA is $1,778 per month across 3 apartment communities and 14 available units.

The most affordable option is Bellwether Apartments starting at $1,525/mo. By unit type, a 1-bedroom averages $1,656/mo, a 2-bedroom averages $1,827/mo.

Prices range from $1,525 to $1,900 per month. The most common price point is the $1,800 range, where 7 units are currently listed.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Olympia, WA

1 Bed
$1,656
from $1,525 · 4 units
2 Bed
$1,827
from $1,799 · 10 units

Rent Prices by Apartment in Olympia, WA

Property Starting at Average Units Rating
Bellwether Apartments $1,525/mo $1,750/mo 3 3.8
Talisman $1,699/mo $1,779/mo 5 4.3
Landis Pointe $1,700/mo $1,792/mo 6 4.7

Frequently Asked Questions About Rent in Olympia, WA

What is the average rent in Olympia, WA?

The average rent in Olympia, WA is $1,778 per month as of October 2026, based on 14 units across 3 apartment communities.

Is rent going up or down in Olympia, WA?

The current average rent in Olympia, WA is $1,778/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Olympia, WA?

The most affordable apartment in Olympia, WA is Bellwether Apartments with units starting at $1,525/mo.

How much is a 1-bedroom apartment in Olympia, WA?

A 1-bedroom apartment in Olympia, WA averages $1,656/mo, with prices starting at $1,525/mo across 4 available units.

How many apartments are available in Olympia, WA?

There are 14 units available across 3 apartment communities in Olympia, WA.

What salary do I need to live comfortably in Olympia, WA?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$71,000/year

Based on the 30 percent rule, using our tracked average rent of $1,778/mo.

Comfortable income

$85,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,525/mo), you need to earn at least $61,000/year.

Median household income in Olympia, WA is $76,930 , about 10% below the comfortable-living threshold.

Cost of living in Olympia, WA

Overall prices in Olympia, WA runs above the national average by about 6% (BEA Regional Price Parity index 106.4, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Olympia, WA's regional price parities.

Category Monthly estimate
Rent (market average) $1,778
Utilities $541
Groceries $567
Transportation $1,290
Healthcare $630
Other goods and services $1,007
Estimated total $5,813/mo

Population

55,583

Median household income

$76,930

Census median rent

$1,509/mo

Census rent burden

34.0%

Median age

39.2

Mean commute

21 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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