How many apartments are available in 98501 on Rentable.co?

Rentable.co has 61 apartments available for rent in 98501.

What is the average rent for an apartment in 98501?

The average rent for an apartment in 98501 is around $1,530 per month.

What is the average rent for a two-bedroom apartment in 98501?

The average rent for a two-bedroom apartment in 98501 is around $2,025 per month.

What is the average rent for a one-bedroom apartment in 98501?

The average rent for a one-bedroom apartment in 98501 is around $1,555 per month.

What is the average rent for a studio apartment in 98501?

The average rent for a studio apartment in 98501 is around $1,299 per month.

Apartments in 98501

Olympia:
August Rent Report

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

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Aug. 2026

1 BR 2 BR

Olympia Rent Prices Decrease From July to August

Olympia rent prices decreased over the last month. From July to August, 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 July to August, 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 $.

August 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.

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