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Olympia, WA Houses for Rent

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  • /34

    $2,895 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,457 Sq Ft
    • House for Rent

    4604 20th Way NE, Olympia, WA 98516

    Welcome to this beautifully reimagined Olympia home, where style meets convenience. Every detail has been thoughtfully updated—from the stunning new kitchen featuring brand-new stainless steel appliances to luxury vinyl plank flooring, fresh interior paint, and plush new carpet. Vaulted ceilings enhance the living space, creating an open and airy feel. The bathrooms have been tastefully renovated

    Denis Rabiyevskiy Skyline Properties, Inc.

    4604 20th Way NE, Olympia, WA 98516
  • /22

    Starting at $2,540 Per Month

    • 2 - 3 Beds

    4125 Capital Mall Dr SW, Olympia, WA 98502

    Located in beautiful West Olympia, Cooper Point Village offers charming Cape Cod style, single story apartment homes, all with attached garages. Residents will enjoy the privacy of home with beautifully landscaped, private patios and spacious interiors, and the close proximity to medical offices, restaurants, shops, Farmer’s Market, and more.Our community also features a charming

    Cooper Point Village - 55+ Community

    (360) 515-4667

    4125 Capital Mall Dr SW, Olympia, WA 98502
  • /3

    $3,500 Per Month

    • 0.5 Baths
    • 1,818 Sq Ft
    • House for Rent

    100 4th Ave E, Olympia, WA 98501

    Prime corner retail space for lease in the iconic Chambers Block Building at the intersection of 4th Ave & Capitol Way - two of Downtown Olympia's busiest streets. Located in the heart of the Creative Arts District, this high-exposure storefront offers exceptional pedestrian and vehicle traffic, large display windows, and classic historic character. Position your business at one of the most

    Lorna Collins Van Dorm Realty, Inc

    100 4th Ave E, Olympia, WA 98501

Frequently Asked Questions

How much does it cost to rent a single-family home in Olympia, WA?
The median rent for a single-family home in Olympia, WA is $2,975 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Olympia, WA?
To comfortably afford the median rent in Olympia, WA, a household needs to earn roughly $115,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,895 per month in Olympia, WA, renters typically need to show $8,685 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Olympia, WA?
In Olympia, WA, the price-to-rent ratio is 15.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Olympia, WA

Rental Home Trends

Number of Houses for Rent
3
Median Single Family Home Rent
$2,975
Median 3 Bedroom Single Family Home Rent
$2,895
Median 4 Bedroom Single Family Home Rent
$3,090
Median 5 Bedroom Single Family Home Rent
$3,160
How to Rent a Home