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Olympia, WA Townhomes for Rent

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  • 5004 Fourth Way SW, Olympia, WA 98502
    5004 Fourth Way SW, Olympia, WA 98502
    5004 Fourth Way SW, Olympia, WA 98502
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    Starting at $2,095 Per Month

    • 2 - 3 Beds

    5004 Fourth Way SW, Olympia, WA 98502

    Welcome to West Olympia, Washington! Woodbury Crossing Apartments and Townhomes has a wide variety of apartments and townhomes. Located in a prime area, these 2, 3 and 4 bedrooms offers convenient access to JBLM, the hospital, capital mall and Evergreen College! These spacious layouts include open concept living area providing ample space for you to create your perfect living environment. All

    Woodbury Crossing Apartments and Townhomes

    5004 Fourth Way SW, Olympia, WA 98502
  • 4125 Capital Mall Dr SW, Olympia, WA 98502
    4125 Capital Mall Dr SW, Olympia, WA 98502
    4125 Capital Mall Dr SW, Olympia, WA 98502
    /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

    4125 Capital Mall Dr SW, Olympia, WA 98502
Washington Thurston County

Townhomes for Rent in Olympia, WA

Frequently Asked Questions

How much does it cost to rent a townhouse in Olympia, WA?
The median rent for a townhouse in Olympia, WA is $2,400 per month, though prices vary by neighborhood, size, and property type. As of August 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 $103,800 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 $2,595 per month in Olympia, WA, renters typically need to show $7,785 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 17.9, 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.

Townhouse Rental Trends in Olympia, WA

There are currently 2 townhouses available for rent in Olympia, WA. The median rent is $2,400 per month, with 2-bedroom townhouses renting at $2,288 and 3-bedroom townhouses at $2,400.

Rental Home Trends

Number of Townhouses for Rent
2
Median Townhouse Rent
$2,400
Median 2 Bedroom Townhouse Rent
$2,288
Median 3 Bedroom Townhouse Rent
$2,400
How to Rent a Home

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