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Apartments in 98506

1 - 16 of 16 Results
24
$1,506 - 2,804
Arbor Square Apartments
606 Lilly RD NE Olympia, WA
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Covered Parking
In Unit Laundry
45
$1,584 - 2,700
Arbor Square Apartments
606 Lilly Rd NE Olympia, WA
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Fitness Center
Storage
26
$1,225 - 1,525
1102 Olympia Ave NE
Olympia, WA
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
15
$1,699 - 1,899
Talisman
3724 Ensign Rd NE Olympia, WA
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Fitness Center
Storage
16
$1,375 - 1,450
Stateside Flats
210 Bethel St NE Olympia, WA
1 BR | Feb. 14, 2026
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
14
$1,421 - 1,508
425 Ensign Rd NE
Olympia, WA
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
12
$1,800 - 1,849
Landis Pointe
801 Lilly Rd Olympia, WA
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
Disability Access
1
$2,500
3-story Eastside Home With Views Of The Bay!
1821 Arbutus St Olympia, WA
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Storage
31
$3,295
2429 Hyde Ct NE
Olympia, WA
5 BR | Ask for Availability
Contact
House
Air Conditioning
In Unit Laundry
Dishwasher
17
$2,095
1307 Eastside St NE
Olympia, WA
3 BR | Ask for Availability
Contact
House
In Unit Laundry
Dishwasher
8
$1,150
612 S Bay RD
Olympia, WA
Studio | Available Now
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Dog Friendly
Cat Friendly
Upper Eastside
1
$1,650
122 Lilly Rd NE
Olympia, WA
2 BR | Available Now
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Dog Friendly
Cat Friendly
Disability Access
Dishwasher
4
$1,575
413 Pattison St NE
Olympia, WA
2 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
1
$2,300
2111 State Ave NE
Olympia, WA
2 BR | Feb. 1, 2026
Contact
House
Upper Eastside
1
$1,575
325 Pattison St NE
Olympia, WA
2 BR | Available Now
Contact
Balcony/Deck/Patio
Dishwasher
1
$2,850
Private Waterfront Apartment
2061 E Bay Dr Olympia, WA
1 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
1 - 16 of 16 Results
  1. Home
  2. Olympia
  3. 98506

How much does it cost to rent an apartment in 98506?

98506 apartments
Bed Type Average Rent Range
Studio $1,230 $1,150 - $1,230
1BR $1,640 $1,380 - $2,800
2BR $1,700 $1,500 - $2,390
3BR $2,400 $2,050 - $2,700
Frequently Asked Questions

How many apartments are available in 98506 on Rentable.co?

Rentable.co has 16 apartments available for rent in 98506.

What is the average rent for an apartment in 98506?

The average rent for an apartment in 98506 is around $1,700 per month.

What is the average rent for a two-bedroom apartment in 98506?

The average rent for a two-bedroom apartment in 98506 is around $1,698 per month.

What is the average rent for a one-bedroom apartment in 98506?

The average rent for a one-bedroom apartment in 98506 is around $1,636 per month.

What is the average rent for a studio apartment in 98506?

The average rent for a studio apartment in 98506 is around $1,225 per month.

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 43 units available for rent with an average rent of $1,650. The lowest rent for a studio floor plan starts at $1,150.

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:
January Rent Report

Welcome to the January 2026 Olympia Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the January 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
$0
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
Jul. 2025
Aug. 2025
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
Jan. 2026
1 BR       2 BR

Olympia Rent Prices Decrease From December to January

Olympia rent prices decreased over the last month. From December to January, 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 December to January, 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 $.

January 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.

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

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