How many apartments are available in Olympia, WA on Rentable.co?

Rentable.co has over 6,401 apartments available in Olympia.

What is the average rent for a studio apartment in Olympia, WA?

The average rent for a <a href='/olympia-wa/studio-apartments-for-rent' >studio apartment</a> in Olympia is around $1,400 per month.

What is the average rent for a one-bedroom apartment in Olympia, WA?

The average rent for a <a href='/olympia-wa/1-bedroom-apartments-for-rent' >one-bedroom apartment</a> in Olympia is around $1,600 per month.

What is the average rent for a two-bedroom apartment in Olympia, WA?

The average rent for a <a href='/olympia-wa/2-bedroom-apartments-for-rent' >two-bedroom apartment</a> in Olympia is around $1,920 per month.

How expensive is it to rent an apartment in Olympia, WA?

For a two-bedroom apartment in Olympia, the average rent price is $1,920 per month, which is higher than the national average of $1,650 per month.

Can I afford an apartment for rent in Olympia, WA?

Based on average rent prices in Olympia, to afford a <a href='/olympia-wa/studio-apartments-for-rent' >studio apartment</a> you would need an annual household income of $56,000 to live comfortably.

Apartments Near The Evergreen State College

Olympia:
February Rent Report

Welcome to the February 2026 Olympia Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the February 2026 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

Mar. 2025

Apr. 2025

May. 2025

Jun. 2025

Jul. 2025

Aug. 2025

Sep. 2025

Oct. 2025

Nov. 2025

Dec. 2025

Jan. 2026

Feb. 2026

1 BR 2 BR

Olympia Rent Prices Decrease From January to February

Olympia rent prices decreased over the last month. From January to February, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Olympia one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from January to February, Olympia experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Olympia two-bedroom apartments currently stands at $.

February 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.

February 2026 Pricing Trends: Olympia vs. National Comparisons

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 February	1 BR M/M % Change	2 BR February	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.