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Apartments in 98506

1 - 17 of 17 Results
26
$1,195 - 1,645
1102 Olympia Ave NE
Olympia, WA
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
1
$1,750 - 2,150
Ferncrest Apartments
915 Fern St SW Olympia, WA
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
1
$1,700
122 Lilly Rd NE
Olympia, WA
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
1
$1,350
1250 State Ave NE
Olympia, WA
1 BR | Available Now
Contact
Balcony/Deck/Patio
73
$1,650
Olympia Crest III - Built In 2024!
204 Lilly Rd NE Olympia, WA
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
5
$1,650
425 Ensign Rd NE
Olympia, WA
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
24
$1,589 - 3,346
Arbor Square Apartments
606 Lilly RD NE Olympia, WA
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Covered Parking
In Unit Laundry
5
$1,550
425 Ensign Rd NE
Olympia, WA
1 BR | Jan. 15, 2025
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
14
$1,515
Abbey Lane Apartments
522 NE Lilly Rd Olympia, WA
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
16
$1,699 - 1,950
Talisman
3724 Ensign Rd NE Olympia, WA
1 - 3 BR | Jan. 10, 2025
Contact
Dog Friendly
Cat Friendly
Surface Parking
Balcony/Deck/Patio
Fitness Center
16
$1,400
Stateside Flats
210 Bethel St NE Olympia, WA
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
15
$2,350
1810 Mapleview Ct NE
Olympia, WA
3 BR | Ask for Availability
Contact
House
Balcony/Deck/Patio
Dishwasher
13
$1,695
508 Tullis St NE
Olympia, WA
2 BR | Ask for Availability
Contact
In Unit Laundry
Dishwasher
17
$2,495
1304 Charlie Way NE
Olympia, WA
3 BR | Ask for Availability
Contact
House
In Unit Laundry
Balcony/Deck/Patio
1
$3,900
9016 Merrill Ct NE
Lacey, WA
4 BR | Available Now
Contact
House
1
$1,575
325 Pattison St NE
Olympia, WA
2 BR | Available Now
Contact
Balcony/Deck/Patio
Dishwasher
1
$2,395
Sleater Landing, Llc
Sleater Kinney Rd NE Lacey, WA
3 BR | Available Now
Contact
1 - 17 of 17 Results
  1. Home
  2. Olympia
  3. 98506

How much does it cost to rent an apartment in 98506?

98506 apartments
Bed Type Average Rent Range
1BR $1,620 $1,200 - $1,740
2BR $1,700 $1,520 - $2,150
3BR $2,270 $1,950 - $2,500
Frequently Asked Questions

How many apartments are available in 98506 on Rentable.co?

Rentable.co has 17 apartments available for rent in 98506.

What is the average rent for an apartment in 98506?

The average rent for an apartment in 98506 is around $1,660 per month.

What is the average rent for a two-bedroom apartment in 98506?

The average rent for a two-bedroom apartment in 98506 is around $1,697 per month.

What is the average rent for a one-bedroom apartment in 98506?

The average rent for a one-bedroom apartment in 98506 is around $1,615 per month.

Find an Apartment in 98506
Looking for apartments for rent in 98506 Olympia, WA? Rentable has a variety of options available in this area. Currently, there are 48 units available for rent with an average rent of $1,660. The lowest rent for a 1-bedroom floor plan starts at $1,195.

Located in Olympia, WA, the 98506 zip code offers residents access to a range of amenities and nearby points of interest. Close to this area, you can find beautiful parks such as Priest Point Park and Watershed Park, where you can enjoy outdoor activities or relax in nature. Olympia also offers a vibrant community with events, dining, and shopping options nearby.

If you're searching for apartments near 98506, Rentable has a wide selection of rentals to meet your needs. Choose from various floor plans and price ranges to find the perfect home in Olympia, WA. Take a look at Rentable's listings for apartments in 98506 and start your search today!

Olympia:
December Rent Report

Welcome to the December 2024 Olympia Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2024 key findings and figures for the Olympia rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Olympia and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Olympia average rent prices in the chart below.

Monthly Rent Report

$1,900
$1,430
$950
$480
$0
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Olympia Rent Prices Decrease From November to December

Olympia rent prices decreased over the last month. From November to December, the city experienced a -0.38% decrease for the price of a one-bedroom apartment. The rent price for a Olympia one-bedroom apartments currently stands at $1,585.0.

When we take a look at the two-bedroom comparison from November to December, Olympia experienced a -0.44% decrease for the price of a two-bedroom apartment. The rent price for a Olympia two-bedroom apartments currently stands at $1,802.0.

December Prices: Olympia vs. Surrounding Areas

Rent Prices in Olympia and Surrounding Areas

Rent prices have decreased in Olympia over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Olympia suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Olympia suburbs

  • Rents did not decrease in any of the Olympia suburbs.

December 2024 Pricing Trends: Olympia vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Olympia Rent Prices More Affordable Than Major Cities

Rent growth in Olympia over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Olympia average rent prices appear to be relatively affordable for local residents.

The price for a Olympia one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Olympia and surrounding area rent prices, take a look at the complete data set below.

Data set for Olympia and suburbs

1 BR December 1 BR M/M % Change 2 BR December 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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