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Olympia, WA Apartments For Rent

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Olympia Apartments Options

Average Rent in Olympia, WA

Avg. RentAnnual Change
Olympia Studio - $1,237-5%
Olympia 1 Bed - $1,412-17%
Olympia 2 Beds - $1,940-13%
Last updated 6/14/2024

Local Guide

See what Olympia, WA has to offer.

Demographics

Education

High School

25%

Associate's

34%

Bachelor's

26%

Master's

13%

Doctorate

2%

Family Size

2 people

50%

3 people

21%

4 people

18%

5 people

7%

6+ people

3%

Household Income

0-50k

43%

50-100k

30%

100-150k

16%

150-200k

6%

200k+

5%

Age

0-10

10%

10-20

10%

20-45

39%

45-65

24%

65+

17%

Affordability

Percentage: 3/53/5

Renters gave this area a 3 out of 5 for affordability

Last updated 6/14/2024

*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Rent Trends

Average rent in Olympia, WA

In Olympia, WA, as of 2024, the average rent for apartments ranges from $1,237 to $1,940. Specifically, the average rent for a studio apartment in Olympia, WA is $1,237. For those seeking a 1-bedroom apartments, the average rent is $1,412. And for a 2-bedroom apartment, renters can expect to pay an average of $1,940.

Annual Rent Change Over the Past 12 Months

Studio

-5%

Changed from $1,302 to $1,237
1 Bed

-17%

Changed from $1,701 to $1,412
2 Beds

-13%

Changed from $2,230 to $1,940
Last updated 6/14/2024

Rent Ranges

Apartment PricesProportion
0%
1%
22%
35%
41%

Compare Other Cities

CityStudio Avg RentAnnual Change
Bremerton$2,500+28%
Tukwila$2,363+94%
Silverdale$2,299+49%
Mercer Island$1,947--
Federal Way$1,935--
University Place$1,794+33%
Kent$1,751-2%
Burien$1,672--
Renton$1,610-6%
Port Orchard$1,599+6%
Seattle$1,543+1%
Lacey$1,5240%
Sumner$1,495--
Auburn$1,479+6%
SeaTac$1,461--
Lakewood$1,457+43%
Tacoma$1,4480%
Tumwater$1,385+7%
City1 Bed Avg RentAnnual Change
Maple Valley$2,137+1%
Seattle$2,115-7%
Silverdale$1,959+15%
Gig Harbor$1,900-5%
Lacey$1,7990%
Bremerton$1,722+6%
Federal Way$1,700+1%
Auburn$1,686+14%
University Place$1,653+11%
Burien$1,637-1%
Lakewood$1,6020%
Sumner$1,595+3%
Renton$1,585-21%
SeaTac$1,583+13%
Tukwila$1,572-1%
Kent$1,571-7%
Puyallup$1,545-6%
Port Orchard$1,545-2%
Tumwater$1,495-7%
Poulsbo$1,495--
Des Moines$1,475-17%
Tacoma$1,465-17%
City2 Beds Avg RentAnnual Change
Seattle$2,833-14%
University Place$2,334+34%
Maple Valley$2,3100%
Silverdale$2,304+16%
SeaTac$2,267+42%
Renton$2,178-20%
Des Moines$2,178-1%
Burien$2,119+15%
Lacey$2,045+64%
Port Orchard$2,022+13%
Bremerton$1,995+18%
Federal Way$1,992-2%
Lakewood$1,9620%
Auburn$1,933+8%
Tumwater$1,905-1%
Kent$1,825-10%
Puyallup$1,750-6%
Poulsbo$1,750--
Tukwila$1,727-7%
Tacoma$1,695-12%
Gig Harbor$1,657+14%
Sumner$1,6500%

Compare Neighborhoods

South Capitol

$1,325

1 Bed Avg. Rent

South Westside

$1,425

1 Bed Avg. Rent

What are the most affordable neighborhoods in Olympia, WA?

For renters in Olympia seeking more affordable options, the neighborhoods to watch are Olympia Downtown Historic District, South Capitol, and South Westside, where average rents for 1-bedroom apartments stand at $1,300, $1,325, and $1,425 respectively. Additional areas offering value are Tanglewilde and Chambers Lake Basin, where the rents are $1,662 and $1,665, a favorable comparison to Olympia's overall 1-bedroom average of $1,412.

What are the most expensive neighborhoods in Olympia, WA?

In Olympia, the neighborhoods commanding the highest rents are Downtown, Chambers Lake Basin, and Tanglewilde. A 1-bedroom apartment in Downtown averages at $1,723, in Chambers Lake Basin it averages $1,665, and in Tanglewilde, the average is $1,662. For additional high-end living options, South Westside offers 1-bedroom apartments at $1,425, and South Capitol at $1,325. These rates compare to the overall average rent of $1,412 for a 1-bedroom apartment in Olympia, highlighting the premium nature of these specific neighborhoods.

What are the most popular neighborhoods in Olympia, WA?

In Olympia, the most sought-after neighborhoods for renters include Chambers Lake Basin, South Capitol, and Olympia Downtown Historic District. In Chambers Lake Basin, the average rent for a 1-bedroom apartment is $1,665. South Capitol sees average rents of $1,325 for a 1-bedroom unit. Olympia Downtown Historic District offers similar appeal with 1-bedroom apartments averaging $1,300. For those seeking other popular areas, Downtown presents 1-bedroom apartments at $1,723, and South Westside at $1,425. These prices are set against the backdrop of the city-wide average of $1,412 for a 1-bedroom apartment in Olympia, underscoring the popularity of these particular neighborhoods.

NeighborhoodStudio Avg RentAnnual Change
South Westside$1,782--
Downtown$1,536+16%
Tanglewilde$1,400-30%
Olympia Downtown Historic District$1,225--
South Capitol$1,040+16%
Neighborhood1 Bed Avg RentAnnual Change
Downtown$1,7230%
Chambers Lake Basin$1,665--
Tanglewilde$1,662-21%
South Westside$1,425+19%
South Capitol$1,325+33%
Olympia Downtown Historic District$1,300-24%
Neighborhood2 Beds Avg RentAnnual Change
Downtown$2,500+6%
Olympia Downtown Historic District$2,500+9%
South Westside$2,012+44%
Tanglewilde$1,950+1%
Chambers Lake Basin$1,940--
South Capitol$1,550--

Transportation

Commute Time

0-15 Mins

40%

15-30 Mins

37%

30-40 Mins

9%

40-60 Mins

7%

60+ Mins

6%

Transportation Scores

Percentage: 4040

Walk Score®

Walkable

No

Say 22 of 29 renters

Has Sidewalks

Yes

Say 18 of 29 renters

Percentage: 5353

Bike Score®

Bike Friendly

Yes

Say 21 of 29 renters

Percentage: 3636

Transit Score®

They Are Located Near Public Transportation

Yes

Say 19 of 29 renters

Need A Car

No

Say 21 of 29 renters

Area Amenities

Top Score

Pet Services

2.5/5 stars based on undefined reviews

Who's an ok boy? Olympia doesn't deserve many treats.

  1. Few pet facilities per resident
  2. Significantly more pet facilities than average
  3. 44% more pet facilities than areas of a similar size

Gas Stations

2.5/5 stars based on undefined reviews

The road is less traveled for filling the tank up in Olympia.

  1. Few gas stations per resident
  2. 77% more gas stations than average
  3. 32% more gas stations than areas of a similar size

Grocery Stores

2/5 stars based on undefined reviews

The food shops around here are few and far between.

  1. Few grocery stores per resident
  2. 77% more grocery stores than average
  3. 64% more grocery stores than areas of a similar size

Restaurants

2/5 stars based on undefined reviews

Olympia serves up a dining scene that's only lukewarm.

  1. Few restaurants per resident
  2. 37% more restaurants than average
  3. 6% more restaurants than areas of a similar size

Coffee

2/5 stars based on undefined reviews

The coffee scene is lukewarm in Olympia.

  1. A high number of coffee shops per resident
  2. Significantly more coffee shops than average
  3. Significantly more coffee shops than areas of a similar size

Nightlife

2/5 stars based on undefined reviews

You'll need to stock up the mini-bar. Olympia is running dry.

  1. A high number of bars and clubs per resident
  2. Significantly more bars and clubs than average
  3. 90% more bars and clubs than areas of a similar size

Parks

2/5 stars based on undefined reviews

Not too many park perks in Olympia.

  1. Few parks per resident
  2. 53% more parks than average
  3. 13% fewer parks than areas of a similar size

Retail Shops

2/5 stars based on undefined reviews

The retail inventory is low in Olympia.

  1. Few shops per resident
  2. 76% fewer shops than average
  3. 67% fewer shops than areas of a similar size

Health and Fitness

2/5 stars based on undefined reviews

You'll have to workout somewhere else to keep fit.

  1. Few gyms per resident
  2. 11% fewer gyms than average
  3. 36% fewer gyms than areas of a similar size

Fine Arts

2/5 stars based on undefined reviews

You gotta Van Gogh somewhere else for art.

  1. Few fine art centers per resident
  2. 74% more fine art centers than average
  3. 9% more fine art centers than areas of a similar size

Medical Care

2/5 stars based on undefined reviews

We have a bone to pick with this Olympia's access to medical care.

  1. Few medical facilities per resident
  2. 6% fewer medical facilities than average
  3. 65% fewer medical facilities than areas of a similar size

Area Features

Area Has Litter

No

Say 28 of 29 renters

Good Place To Raise A Family

Yes

Say 28 of 29 renters

Noise Late At Night

No

Say 27 of 29 renters

Busy Streets

No

Say 25 of 29 renters

Area Has Potholes

No

Say 25 of 29 renters

Safe For Families

Yes

Say 25 of 29 renters

Pet Friendly

Yes

Say 24 of 29 renters

Quiet Area

Yes

Say 23 of 29 renters

Maintained Yards

Yes

Say 23 of 29 renters

Mostly Older Buildings

No

Say 20 of 29 renters

Nearby Parks

Yes

Say 19 of 29 renters

Area Has Kids Play Outside

Yes

Say 17 of 29 renters

Near Grocery Stores

Yes

Say 17 of 29 renters

Near Schools

Yes

Say 17 of 29 renters

Near Highways

Yes

Say 16 of 29 renters

Tree Lined Streets

Yes

Say 15 of 29 renters

Near Downtown

No

Say 17 of 29 renters

Nice Views

No

Say 18 of 29 renters

Well Lit

No

Say 18 of 29 renters

Mostly Newer Buildings

No

Say 22 of 29 renters

Schools

Percentage: 4/54/5

School Score

How satisfied do renters feel with the schools in this area.

Top Schools in Olympia

Information provided by GreatSchools. To verify school enrollment eligibility, contact the school district directly.

About

Olympia, WA

Overview of Olympia

Blending the perfect combination of outdoor recreation and big-city amenities, Olympia is a place where everyone can find something they love. Living in Olympia apartments for rent will put you in a prime location to explore the Pacific Northwest. As the capital of Washington State, Olympia has a strong art community, an abundance of activities available year-round and a family-friendly atmosphere that can't be beat. According to statistics from the U.S. Census Bureau, the population has steadily increased over the past two decades, and today more than 47,200 people call Olympia home. With a steady economy and close proximity to Seattle, it's not surprising this metropolis is one of the most sought-after in the Evergreen State.

Living in Olympia

When you're looking at Olympia apartments for rent, you'll find yourself in a charming New England-inspired community, as Olympia was settled by a Maine native. Tree-lined streets and a quaint town square make this town a true gem along the West Coast. Based on Olympia's outstanding amenities, stable housing market and high graduation rate, AreaVibes gave the community a score of 77 for its extreme livability, so you're sure to find a few perfect Olympia apartments in no time.

Olympia Apartments and Cost of Living

Olympia apartments have a median rental rate that is 3 percent less than the median throughout Washington state, and the overall cost of living is 3 percent higher than the state's average. Despite the amount of recreation and amenities within arm's reach, Olympia is still an affordable city to live in. Residents of Olympia apartments for rent will also be able to save big on transportation. The average cost of a gallon of gas is 3 percent less expensive than the rest of the state, and the commute time is 18 percent shorter.

If you want to live a car-free lifestyle, you'll find that Olympia is a bike-friendly city. Olympia received a silver award in the League of American Bicyclist's Bicycle Friendly Community program in 2008, and the city has continually made efforts to create more bike lanes. You'll also find that downtown, South Westside and Eastside are pedestrian-friendly neighborhoods.

Apartments in Olympia Work and Study

The state capital is a major employer for residents living in apartments in Olympia, but there are plenty of opportunities outside of the government. Manufacturing and education are leading industries, and top employers of the area include Providence St. Peter Hospital, Walmart and Costco Wholesale Corp. South Puget Sound Community College, St. Martin's University and the Evergreen State College also provide a number of jobs for residents in apartments for rent in Olympia, as well as opportunities for higher education.

Olympia Neighborhood Guides

If you're trying to find the best neighborhood that meets your needs, checkout our Olympia neighborhood guides. These guides walk you though what its like to live in these neighborhoods


View More

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