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Homes & Apartments for Rent in Elma, WA

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What to Know About

Life in Elma & Beyond

Elma shares many of the great qualities that make Washington a desirable place to live.

Washington is home to the famous Cascade Mountains and the Olympic Mountains mountain range. From its breathtaking landscapes to its thriving economy, there's something for everyone in this vibrant state. First, explore its rich history and culture by visiting museums such as the Museum of Pop Culture and the Burke Museum of Natural History & Culture. Then, take your education to the next level at prestigious universities like the University of Washington and Washington State. Washington's economy is diverse and robust, driven by key industries such as technology, agriculture, and manufacturing.

There's no shortage of ample opportunities for adventure and excitement. From exploring the stunning trails of Mount Rainier National Park to fishing in the picturesque Puget Sound, nature enthusiasts will be in their element. And sports fans will enjoy cheering for Seattle Seahawks (NFL), Seattle Kraken (NFL), and Seattle Mariners (MLB) and supporting their favorite college teams. Discover famous attractions like the Space Needle, the Pike Place Market, and the historic city of Seattle.

A hub of innovation and creativity, Washington is a great state offering endless opportunities, which makes it a great place to live.

Rental Market Trends

Elma, WA

As of October 2026, Elma's rental market is tenant-friendly, with rentals spending about 53 days on the market, slower than in Washington (31), and rents down 0.5% over the past year. Elma's average rent is 26.8% ($573) lower than the Washington average of $2,139 and 24.8% ($516) lower than the U.S. average of $2,082.

Average Rent
$1,566
Monthly ChangeMonth Over Month Change
Decreased0.16% ($3)
Yearly ChangeYear Over Year Change
Decreased0.5% ($7)
Days on Market
53
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,193 Decreased0.38% ($5) Decreased3.6% ($44)
2 Beds $1,588 Increased0.03% Increased0.4% ($6)
3 Beds $2,016 Decreased0.14% ($3) Decreased0.9% ($18)
Nearby Cities Average Rent Avg. Rent vs. ElmaAverage Rent vs. Elma Days on Market
McCleary $1,489 Decreased4.9% ($77) 53 days
Montesano $1,464 Decreased6.5% ($102) 53 days
Shelton $1,895 Increased21.0% ($329) 32 days
Tumwater $2,034 Increased29.9% ($468) 26 days
Cosmopolis $1,495 Decreased4.5% ($71) 56 days
Based on rentals advertised on RentalSource in and around Elma.
Frequently Asked Questions
Elma Rental Market FAQs

Explore rental prices, market conditions, and affordability in Elma, WA.

The average rent in Elma, WA is about $1,566 per month.
In Elma, the average rent is about $1,193 per month for a 1-bedroom home, about $1,588 for a 2-bedroom home and about $2,016 for a 3-bedroom home.
The average rent in Elma is 24.8% ($516) lower than the national average of $2,082 per month.
The rental market in Elma, WA is currently tenant-friendly, with rentals spending about 53 days on the market, slower than in Washington (31), and rents down 0.5% over the past year.
Based on the current averages, a household would need an annual income of about $63,500 to comfortably afford a 2-bedroom home in Elma.
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