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55 Luxury Apartments for rent in Olympia, WA

Last updated December 14 at 3:39pm UTC
The Park at Cooper Point
3200 Capital Mall Dr SW
Olympia, WA
Updated December 14 at 1:24pm UTC
1 Bedroom
$1,007
2 Bedrooms
$1,520
3 Bedrooms
$1,750
Black Lake
1900 Black Lake Blvd SW
Olympia, WA
Updated December 14 at 1:51pm UTC
1 Bedroom
$1,250
2 Bedrooms
$1,155
3 Bedrooms
$1,474
8617 9th Way SE
Olympia
Olympia, WA
Updated December 14 at 10:12am UTC
4 Bedrooms
$1,675
3221 15th Way SE
Olympia
Olympia, WA
Updated December 14 at 3:39pm UTC
2 Bedrooms
$1,595
1615 Evergreen Park Lane SW
Olympia
Olympia, WA
Updated December 14 at 3:39pm UTC
3 Bedrooms
$1,850
2911 APPLEHILL CT NE
Olympia
Olympia, WA
Updated December 13 at 11:27am UTC
3 Bedrooms
$1,495
6027-C Delaware Ave SE
Olympia
Olympia, WA
Updated December 13 at 11:21am UTC
2 Bedrooms
$1,395
521 N 5th Ave SW
Olympia
Olympia, WA
Updated December 12 at 7:37pm UTC
4 Bedrooms
$1,600
2635 Simmons RD NW
Olympia
Olympia, WA
Updated December 11 at 10:22am UTC
3 Bedrooms
$2,450
4680 Darlington Lane SE
Olympia
Olympia, WA
Updated December 4 at 11:17am UTC
2 Bedrooms
$1,350
6435 Tralee Dr NW
Olympia
Olympia, WA
Updated November 21 at 11:20am UTC
4 Bedrooms
$2,100
9735 Steamboat RD NW
Olympia
Olympia, WA
Updated November 15 at 11:54am UTC
5 Bedrooms
$3,100
7131 Prism St SE
Olympia
Olympia, WA
Updated November 15 at 11:54am UTC
4 Bedrooms
$1,975
5400 CRESTVIEW LOOP NE
Olympia
Olympia, WA
Updated November 15 at 11:52am UTC
3 Bedrooms
$2,290
Results within 1 miles of Olympia, WA
4535 Highline Dr SE
Thurston County
Thurston County, WA
Updated December 14 at 3:39pm UTC
4 Bedrooms
$1,995
1420 Willow St SE
Lacey
Lacey, WA
Updated December 14 at 3:39pm UTC
2 Bedrooms
$1,325
1618 Mapleridge DR NE
Olympia
Olympia, WA
Updated December 14 at 10:19am UTC
3 Bedrooms
$1,575
3925 19th Ave NE
Thurston County
Thurston County, WA
Updated December 14 at 8:35am UTC
4 Bedrooms
$1,950

December 2018 Olympia Rent Report

Welcome to the December 2018 Olympia Rent Report. Olympia rents declined over the past month. In this report, we'll evaluate trends in the Olympia rental market, including comparisons to cities throughout the state and nation.

View full Olympia Rent Report
Rent Report
Olympia

December 2018 Olympia Rent Report

Welcome to the December 2018 Olympia Rent Report. Olympia rents declined over the past month. In this report, we'll evaluate trends in the Olympia rental market, including comparisons to cities throughout the state and nation.

Olympia rents declined over the past month

Olympia rents have declined 0.1% over the past month, but have increased significantly by 5.2% in comparison to the same time last year. Currently, median rents in Olympia stand at $1,030 for a one-bedroom apartment and $1,280 for a two-bedroom. Olympia's year-over-year rent growth leads the state average of 1.5%, as well as the national average of 1.3%.

Rents rising across cities in Washington

Throughout the past year, rent increases have been occurring not just in the city of Olympia, but across the entire state. Of the largest 10 cities that we have data for in Washington, 9 of them have seen prices rise. The state as a whole logged rent growth of 1.5% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Bellevue is the most expensive of all Washington's major cities, with a median two-bedroom rent of $2,330; of the 10 largest cities in the state that we have data for, Seattle, where a two-bedroom goes for $1,650, is the only major city to see rents fall year-over-year (-0.4%).
  • Kent, Everett, and Federal Way have all experienced year-over-year growth above the state average (4.3%, 3.3%, and 3.0%, respectively).

Olympia rents more affordable than many large cities nationwide

As rents have increased significantly in Olympia, a few large cities nationwide have seen rents grow more modestly. Olympia is still more affordable than most large cities across the country.

  • Olympia's median two-bedroom rent of $1,280 is above the national average of $1,180. Nationwide, rents have grown by 1.3% over the past year compared to the 5.2% increase in Olympia.
  • While Olympia's rents rose significantly over the past year, many cities nationwide also saw increases, including Phoenix (+3.2%), New York (+2.3%), and Denver (+1.9%).
  • Renters will find more reasonable prices in Olympia than most large cities. For example, San Francisco has a median 2BR rent of $3,100, which is nearly two-and-a-half times the price in Olympia.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.