Apartments in 98501

1 - 30 of 55 Results
1
120 Water St NW Apartment for rent in Olympia, WA
$1,675 - 1,700
Olympia, WA
1 BR | Available Now
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6
The Rookery Apartment for rent in Tumwater, WA
$1,795 - 3,095
6504 Capitol Blvd SE Tumwater, WA
Studio - 1 BR | Aug. 1, 2025
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1
410 Franklin St SE Apartment for rent in Olympia, WA
$1,125
Olympia, WA
Studio | Aug. 9, 2025
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Bigelow Highlands
1
Spacious 3Bedroom Home In A Well Established Community! Apartment for rent in Olympia, WA
$2,795
8136 Westcott Ln Olympia, WA
3 BR | Available Now
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6
123-4th Apts Apartment for rent in Olympia, WA
$1,295 - 2,075
123 4th Ave W Olympia, WA
Studio - 2 BR | Available Now
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14
1102-1122 Duplexes Apartment for rent in Olympia, WA
$1,750
1102-1122 10th Ave SE Olympia, WA
1 BR | Available Now
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17
Summers Manor Apartment for rent in Olympia, WA
$1,999
4018 57th Trl SE Olympia, WA
2 BR | Aug. 8, 2025
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11
The Easterly Apartment for rent in Olympia, WA
$1,995
909 Eastside St SE Olympia, WA
2 BR | Available Now
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27
Gibbons House Apartment for rent in Olympia, WA
$1,300
1017 Capitol Way S Olympia, WA
1 BR | Available Now
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Heat Included
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Bigelow Highlands
9
The Elks Apartment for rent in Olympia, WA
$1,195 - 1,200
611 Capitol Way S Olympia, WA
1 BR | Available Now
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73
Harbor Heights 55+ Community Apartment for rent in Olympia, WA
$2,105 - 2,960
500 Columbia Street NW Olympia, WA
1 BR | Available Now
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12
Country Club Villas Apartment for rent in Olympia, WA
$1,999
3622 57th Ln Olympia, WA
2 BR | Sep. 15, 2025
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16
Crescent Point Apartment for rent in Olympia, WA
$1,750 - 1,999
4907 Dunham Dr Olympia, WA
1 - 2 BR | Sep. 15, 2025
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1
Annie's Studio's Apartment for rent in Olympia, WA
$1,190 - 1,200
317 4th Ave E Olympia, WA
Studio | Available Now
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1
The Lurana Apartment for rent in Olympia, WA
$1,300 - 2,395
215 Columbia St NW Olympia, WA
Studio - 2 BR | Available Now
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1
Red Leaf Townhomes/dobbin Plays, Llc Apartment for rent in Olympia, WA
$2,550
1330 Fones Rd SE Olympia, WA
3 BR | Available Now
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1
Annie's Flats Apartment for rent in Olympia, WA
$1,275 - 1,600
322 5th Ave SE Olympia, WA
Studio - 1 BR | Aug. 8, 2025
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1
321 Lofts Apartment for rent in Olympia, WA
$1,600
321 Legion Way SE Olympia, WA
1 BR | Available Now
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1
$1,950
1106 5Th Ave Olympia, WA
2 BR | Available Now
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1
$1,250 - 2,175
310 Capitol Way N Olympia, WA
Studio - 2 BR | Available Now
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1
$1,499 - 5,150
410 5th Ave SW Olympia, WA
Studio - 2 BR | Available Now
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3
$1,475 - 1,595
1125 12th Ave SE Olympia, WA
1 - 2 BR | Available Now
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6
$1,275
505 Legion Way SE Olympia, WA
Studio | Available Now
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Bigelow Highlands
1
$1,250
600 Franklin St SE Olympia, WA
Studio | Aug. 10, 2025
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Fitness Center
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2
$1,725 - 2,350
6705 Linderson Way SW Tumwater, WA
1 - 3 BR | Available Now
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16
$2,645
6825 Riverdale Dr SE Tumwater, WA
3 BR | Ask for Availability
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2
$1,600 - 2,150
510 State Ave Olympia, WA
1 - 2 BR | Available Now
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29
$2,650
Olympia, WA
3 BR | Available Now
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5
$1,730
3217 Yelm Hwy SE Olympia, WA
2 BR | Ask for Availability
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House
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1
$1,300
510 Lilly Rd SE Olympia, WA
1 BR | Jul. 31, 2025
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1 - 30 of 55 Results
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  3. 98501

How much does it cost to rent an apartment in 98501?

98501 apartments
Bed Type Average Rent Range
Studio $1,280 $330 - $1,710
1BR $1,650 $1,200 - $3,060
2BR $2,000 $1,560 - $2,840
3BR $2,530 $1,900 - $2,870
Find an Apartment in 98501
Looking for apartments for rent in 98501 Olympia, WA? Rentable has a variety of rental options in this area. Currently, there are 193 units available for rent in the 98501 zip code. The average rent in this area is $1,730, with the lowest rent for a studio unit starting at $330.

The top neighborhoods in 98501 are Bigelow Highlands and Carlyon-North. These neighborhoods offer a great residential environment with nearby parks and amenities. With its beautiful green spaces, Bigelow Highlands provides a peaceful and nature-filled atmosphere. Carlyon-North, on the other hand, offers a convenient location and a sense of community.

If you're searching for apartments near 98501, Rentable has a range of options to fit your needs. Explore our listings and find your perfect rental in the Olympia area. Whether you're looking for a cozy studio or a spacious family home, we have apartments in 98501 that will suit your preferences. Don't miss out on the opportunity to find your next home in Olympia, WA!

Olympia:
July Rent Report

Welcome to the July 2025 Olympia Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the July 2025 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
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
Jul. 2025
1 BR       2 BR

Olympia Rent Prices Decrease From June to July

Olympia rent prices decreased over the last month. From June to July, the city experienced a -0.65% decrease for the price of a one-bedroom apartment. The rent price for a Olympia one-bedroom apartments currently stands at $1,535.0.

When we take a look at the two-bedroom comparison from June to July, Olympia experienced a 0.06% increase for the price of a two-bedroom apartment. The rent price for a Olympia two-bedroom apartments currently stands at $1,801.0.

July 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.

July 2025 Pricing Trends: Olympia vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Pittsburgh, PA
Minneapolis, MN
$4,074
$3,214
$2,367
$2,295
$1,876
$1,370
$1,312
$1,250
$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 July 1 BR M/M % Change 2 BR July 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.