Rental market trends in Olympia, WA
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Average Apartment Cost in Olympia, WA
Apartment Rent Ranges in Olympia, WA
Apartment Prices Proportion | ||
|---|---|---|
| $501-$700 | 0% |
Neighborhood Apartment Rent Trends in Olympia, WA
| Neighborhood | Studio Avg Rent | Annual Change |
|---|---|---|
| Olympia Downtown Historic District | $1,700 | -- |
| Tanglewilde | $1,675 | -- |
| Downtown | $1,460 | -11% |
| South Westside | $1,424 | +8% |
| Neighborhood | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Downtown | $2,014 | +68% |
| Tanglewilde | $1,895 | -- |
| Chambers Lake Basin | $1,650 | +6% |
| Wilderness | $1,650 | +8% |
| South Westside | $1,200 | +14% |
| Olympia Downtown Historic District | $1,195 | +9% |
| Neighborhood | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Downtown | $3,600 | -15% |
| Tanglewilde | $2,150 | -- |
| Chambers Lake Basin | $1,875 | +2% |
| Wilderness | $1,875 | +4% |
| South Westside | $1,400 | +13% |
| Olympia Downtown Historic District | $1,395 | 0% |
How Other Cities Compare to Olympia, WA
| City | Studio Avg Rent | Annual Change |
|---|---|---|
| Fife | $2,212 | -24% |
| Tukwila | $2,183 | -18% |
| Dupont | $2,102 | +4% |
| Newcastle | $1,980 | -26% |
| Bremerton | $1,945 | +39% |
| Kent | $1,710 | -8% |
| Lacey | $1,675 | +24% |
| Port Orchard | $1,577 | -5% |
| Silverdale | $1,495 | -21% |
| Tacoma | $1,485 | 0% |
| City | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Covington | $2,075 | +1% |
| Des Moines | $1,804 | +3% |
| Silverdale | $1,778 | -11% |
| Auburn | $1,737 | +32% |
| Tukwila | $1,680 | +26% |
| Puyallup | $1,675 | +12% |
| Fife | $1,670 | +15% |
| Kent | $1,660 | -5% |
| Tumwater | $1,650 | +4% |
| Port Orchard | $1,620 | -5% |
| City | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Dupont | $2,560 | -9% |
| Des Moines | $2,436 | +26% |
| Kent | $2,169 | +8% |
| Burien | $2,050 | +15% |
| Tacoma | $2,002 | -18% |
| Lakewood | $1,974 | +3% |
| Tukwila | $1,949 | +25% |
| Fife | $1,945 | +15% |
| Tumwater | $1,895 | +4% |
| Federal Way | $1,871 | +4% |
Olympia, WA Rent Trends
| Studio | 1 Bed | 2 Beds | ||||||||||
| Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 |
| $1080 | $1080 | $1065 | $1060 | $1070 | $1070 | $1275 | $1125 | $1125 | $1275 | $1500 | $1425 | $1300 |
| $1240 | $1250 | $1250 | $1299 | $1612 | $1650 | $1650 | $1650 | $1355 | $1366 | $1383 | $1400 | $1380 |
| $1775 | $1799 | $1800 | $1800 | $1875 | $1875 | $1995 | $1995 | $1995 | $1995 | $1999 | $1922 | $1977 |
| $1985 | $2034 | $2085 | $2100 | $2100 | $2100 | $1995 | $1995 | $2099 | $2245 | $2245 | $2137 | $2206 |
Neighborhood Information for Olympia, WA
What are the most affordable neighborhoods in Olympia, WA?
The most affordable neighborhoods in Olympia are Olympia Downtown Historic District, where the average 1-bedroom apartment rent goes for $1,195, South Westside, where renters pay $1,200 on average for a 1-bedroom apartment, and Chambers Lake Basin, where the average 1-bedroom apartment rent goes for $1,650. If you're looking for other great deals, check out the listings in Wilderness ($1,650 for a 1-bedroom apartment) or Tanglewilde ($1,895 for a 1-bedroom apartment), compared to the $1,350 average for an Olympia 1-bedroom apartment.
What are the most expensive neighborhoods in Olympia, WA?
The most expensive neighborhoods in Olympia are Downtown, where the average 1-bedroom apartment rent goes for $2,014, Tanglewilde, where renters pay $1,895 on average for a 1-bedroom apartment, and Chambers Lake Basin, where the average 1-bedroom apartment rent goes for $1,650. If you're looking for other premium neighborhoods, check out the listings in Wilderness ($1,650 for a 1-bedroom apartment) or South Westside ($1,200 for a 1-bedroom apartment), compared to the $1,350 average for an Olympia 1-bedroom apartment.
What are the most popular neighborhoods in Olympia, WA?
The most popular neighborhoods in Olympia are Chambers Lake Basin, where the average 1-bedroom apartment rent goes for $1,650, Wilderness, where renters pay $1,650 on average for a 1-bedroom apartment, and Downtown, where the average 1-bedroom apartment rent goes for $2,014. If you're looking for other popular neighborhoods, check out the listings in Olympia Downtown Historic District ($1,195 for a 1-bedroom apartment) or South Westside ($1,200 for a 1-bedroom apartment), compared to the $1,350 average for an Olympia 1-bedroom apartment.
