Apartments in 98506

1 - 13 of 13 Results
24
$1,517 - 4,088
606 Lilly RD NE Olympia, WA
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Covered Parking
In Unit Laundry
16
$1,620 - 1,720
3724 Ensign Rd NE Olympia, WA
2 BR | May. 10, 2024
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Dog Friendly
Cat Friendly
Surface Parking
Balcony/Deck/Patio
Fitness Center
8
$1,550
Olympia, WA
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
26
$1,325
Olympia, WA
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
15
$1,700
445 A Chambers St Olympia, WA
2 BR | Available Now
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House
Balcony/Deck/Patio
Storage
Dishwasher
Upper Eastside
8
$1,345
2620 5Th Ave NE Apt 1 Olympia, WA
2 BR | Ask for Availability
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Upper Eastside
9
$2,095
Olympia, WA
3 BR | Ask for Availability
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Dishwasher
2
$1,750 - 2,150
915 Fern St SW Olympia, WA
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
1
$1,575
Olympia, WA
2 BR | May. 1, 2024
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Dog Friendly
Cat Friendly
Storage
Disability Access
3
$1,700
Olympia, WA
2 BR | Available Now
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Dog Friendly
Cat Friendly
Disability Access
4
$1,525 - 1,595
Olympia, WA
2 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
5
$1,550
Olympia, WA
1 BR | Jun. 1, 2024
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Dog Friendly
Cat Friendly
Storage
Disability Access
$1,350
Olympia, WA
1 BR | May. 1, 2024
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Balcony/Deck/Patio
1 - 13 of 13 Results
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How much does it cost to rent an apartment in 98506?

98506 apartments
Bed Type Average Rent Range
1BR $1,600 $1,330 - $1,750
2BR $1,700 $1,400 - $2,150
3BR $2,180 $2,100 - $2,270
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 27 units available for rent with an average rent of $1,700. The lowest rent for a 1-bedroom floor plan starts at $1,325.

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:
April Rent Report

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

Olympia Rent Prices Decrease From March to April

Olympia rent prices decreased over the last month. From March to April, the city experienced a 0.0% decrease for the price of a one-bedroom apartment. The rent price for a Olympia one-bedroom apartments currently stands at $1,537.0.

When we take a look at the two-bedroom comparison from March to April, Olympia experienced a 0.28% increase for the price of a two-bedroom apartment. The rent price for a Olympia two-bedroom apartments currently stands at $1,810.0.

April 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.

April 2024 Pricing Trends: Olympia vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
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 April 1 BR M/M % Change 2 BR April 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.