Apartments in 98502

31 - 35 of 35 Results
6
$2,095
Olympia, WA
2 BR | Available Now
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Dog Friendly
Cat Friendly
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Balcony/Deck/Patio
6
$2,295
Olympia, WA
3 BR | Available Now
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Dishwasher
9
$2,795
2611 Halcyon Ave NW Olympia, WA
3 BR | Available Now
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Goldcrest
$2,645
5039 Woodbine Dr Apt 101 SW Olympia, WA
3 BR | May. 15, 2024
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House
$2,795
449 Greenwood Dr SW Olympia, WA
3 BR | Available Now
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How much does it cost to rent an apartment in 98502?

98502 apartments
Bed Type Average Rent Range
Studio $2,150 $2,130 - $2,180
1BR $1,530 $1,280 - $2,620
2BR $1,750 $1,560 - $3,390
3BR $2,650 $1,980 - $3,830
4+BR $2,940 $2,900 - $2,980
Find an Apartment in 98502
Looking for apartments for rent in the 98502 zip code in Olympia, WA? You're in luck! Currently, there are 91 units available for rent in this area on Rentable. The average rent in 98502 is $1,990, and you can find 1-bedroom units starting at $1,297.

The top neighborhoods in 98502 are Goldcrest and South Westside. These neighborhoods offer a variety of amenities and attractions for residents to enjoy. Nearby points of interest include parks such as Goldcrest Park and community amenities like South Bay Community Park.

If you're searching for apartments near 98502, Rentable has a wide selection of rental options available. Take a look at our apartments in the 98502 zip code and find the perfect place to call home in Olympia, WA.

Olympia:
May Rent Report

Welcome to the May 2024 Olympia Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 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
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Olympia Rent Prices Increase From April to May

Olympia rent prices increased over the last month. From April to May, the city experienced a 0.07% increase for the price of a one-bedroom apartment. The rent price for a Olympia one-bedroom apartments currently stands at $1,538.0.

When we take a look at the two-bedroom comparison from April to May, Olympia experienced a 0.11% increase for the price of a two-bedroom apartment. The rent price for a Olympia two-bedroom apartments currently stands at $1,812.0.

May Prices: Olympia vs. Surrounding Areas

Rent Prices in Olympia and Surrounding Areas

Rent prices have increased 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.

May 2024 Pricing Trends: Olympia vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$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 on the rise. 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 May 1 BR M/M % Change 2 BR May 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.