Rental market snapshot for Olympia, Washington

Olympia, Washington Rental Property Market Overview

Olympia, Washington is a vibrant city with a population of 55,919, according to the US Census in 2021. It is the capital of the state of Washington and is located in the Puget Sound region. Olympia is known for its natural beauty, with lush forests, lakes, and mountains nearby. The city is home to a variety of cultural attractions, including the Washington State Capitol, the Hands On Children's Museum, and the Olympia Farmers Market. Olympia also has a thriving arts and music scene, with many galleries, theaters, and music venues. With its stunning scenery and vibrant culture, Olympia is a great place to live and visit.

The average rent for an apartment in Olympia is $1,935. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Olympia Washington | Cost of Living

  • The most expensive ZIP code in Olympia is 98512 with an average price of $2,137.
  • The cheapest ZIP code in Olympia is 98506 with an average price of $1,871.

Olympia ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
198512$2,137
298502$2,063
398501$2,009
498506$1,871

Live near Olympia, Washington's Top Sights and Attractions

The Chehalis Western Trail North is a scenic, multi-use trail that stretches for over 10 miles through the lush forests of the Pacific Northwest. The trail is perfect for a leisurely stroll, a bike ride, or a jog. It passes through several parks and wetlands, offering stunning views of the surrounding nature. Along the way, visitors can spot a variety of wildlife, including deer, birds, and other animals. The trail is also a great spot for a picnic or a relaxing break from the hustle and bustle of everyday life.

Olympia Woodland Trail is a scenic hiking trail located in the Pacific Northwest. The trail is a 4.5 mile loop that winds through lush forests of Douglas fir and western red cedar, with views of the Olympic Mountains in the distance. Along the way, visitors can spot a variety of wildlife, including deer, bald eagles, and even the occasional black bear. The trail is also home to a variety of wildflowers, ferns, and mushrooms. The trail is well-maintained and offers a peaceful escape from the hustle and bustle of city life.

Columbus Park is a beautiful outdoor space located in Olympia, Washington. It features a large grassy area with plenty of trees for shade, as well as a playground, picnic tables, and a walking path. The park also has a pond with ducks and other wildlife, and a gazebo for special events. It is a great place to relax and enjoy the outdoors.

Priest Point Park is a beautiful waterfront park located on Budd Inlet. It features a variety of trails for walking, running, and biking, as well as a playground, picnic areas, and a beach. The park is also home to a variety of wildlife, including birds, deer, and otters. Visitors can also explore the park's historic sites, including a Native American village, a longhouse, and a cemetery. The park is a great place to spend a day outdoors, enjoying the natural beauty of the area.

KennyDell County Park is a beautiful outdoor space located in the Pacific Northwest. It features lush green grass, tall trees, and a variety of trails for walking, running, and biking. There are also picnic tables, a playground, and a large pond with a dock for fishing. The park is a great place to spend a day outdoors, enjoying the fresh air and beautiful views.

Yauger Park is a beautiful outdoor space located in the heart of Olympia. It features a large grassy area, a playground, a picnic shelter, and a walking path. The park is surrounded by tall trees, providing a peaceful and serene atmosphere. There are also several benches and tables scattered throughout the park, making it the perfect spot to relax and enjoy the outdoors.

Hands On Children's Museum is an interactive museum designed to engage children in learning through play. It features over 150 hands-on exhibits, including a two-story treehouse, a water play area, a construction zone, a grocery store, and a science lab. The museum also offers a variety of educational programs, special events, and field trips.

Percival Landing is a waterfront park located on the shores of Budd Inlet in Olympia, Washington. It features a boardwalk, a playground, a picnic area, and a public dock. Visitors can enjoy stunning views of the Olympic Mountains, the Puget Sound, and the city skyline. The park also hosts a variety of events throughout the year, including concerts, festivals, and art shows.

Lba Park is a beautiful outdoor space located in the heart of Olympia, Washington. It features a large lake, lush green grass, and plenty of trees and shrubs. There are plenty of walking and biking trails, as well as picnic areas and playgrounds. The park also has a large amphitheater, which is used for concerts and other events. The park is a great place to spend the day with family and friends, and is a popular destination for locals and visitors alike.

Potlatch State Park is a beautiful outdoor destination located on the Puget Sound in Washington State. Visitors can explore the park's lush forests, meadows, and wetlands, as well as the rocky shoreline of the sound. The park offers a variety of activities, including camping, fishing, hiking, and beachcombing. There are also several picnic areas and a playground for children. The park is home to a variety of wildlife, including bald eagles, seals, and otters.

Olympia, Washington area median rent change by ZIP code map

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How does Olympia compare to other cities in Washington?

citymedian price
North Bend$3,100
Auburn$2,683
Sammamish$2,525
Bellevue$2,515
Yelm$2,220
Mount Vernon$1,795
Longview$1,200

Average household income in Olympia area graph - US Census

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The median household income in Olympia in 2021 was $67,975. This represents a 27.9% change from 2011 when the median was $53,147.

#categorypercent
0Less than $10,0007.7%
1$10,000 to $14,9993.4%
2$15,000 to $19,9994.7%
3$20,000 to $24,9993.1%
4$25,000 to $29,9995.6%
5$30,000 to $34,9993.9%
6$35,000 to $39,9993.7%
7$40,000 to $44,9995.2%
8$45,000 to $49,9994.4%
9$50,000 to $59,9996.5%
10$60,000 to $74,9998.6%
11$75,000 to $99,99913.3%
12$100,000 to $124,99911.4%
13$125,000 to $149,9996.7%
14$150,000 to $199,9996.0%
15$200,000 or more5.7%

Neighborhoods in Olympia

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Olympia is $1,935.
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