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Homes for Rent in 98516

1-20 of 26 rentals

Apartment for rent at 7127 32nd Ave NE, Olympia, WA 98516

Updated - yesterday

Managed by Switchback

$2,225

Apartment2 Beds2 Baths1,025 ft²

7127 32nd Ave NE

Olympia, WA 98516

Thanks for checking out Switchback Apartments. We are a locally owned and professionally managed newly constructed community in Lacey, WA. Switchback is conveniently located near Cabela's, Tolmie State Park, Costco and an abundance of shopping and dining opportunities. Our 1- and 2-bedroom units are a great value featuring quartz countertops, luxury vinyl plank flooring, stainless steel appliances, full size washer and dryer, A/C ports and a private balcony or patio. Our community features covered parking, Ev charging stations and a clubhouse with fitness center, yoga room, business center and an outdoor seasonal pool.

Featured

Managed by Windermere/Olympia Property Management

$1,900

House2 Beds1.5 Baths1,140 ft²

1421 Lapush Way NE

Olympia, WA 98516

Avail Aug 3rd 12 Month Lease No Smoking/Vaping No Pets. $55 Application Fee - Per Applicant (anyone 18+ to occupy) $1,400 Refundable Security Deposit. $500 Non-Refundable Fee. 2 Bd, 1.5 Ba, 1,140 SF two-story duplex unit. Lvp throughout main level, bathrooms and landing. Close to Jblm, freeway access and shopping. Main floor living, dining, kitchen and 1/2 bath. Appliances include: Refrig, electric range and dishwasher. Laundry closet in kitchen with washer/dryer appliances included. Slider opens to patio and fully fenced back yard. Both bedrooms and full bathroom upstairs. Both bedrooms carpeted and have double closets. Ample storage throughout the home.

Updated - yesterday

Managed by Prime Locations

$1,975 - $2,795

Apartment1-3 Beds1-2 Baths745-1,074 ft²

8811 31st Ave NE

Olympia, WA 98516

This community is located at the city's central point, with the added convenience of being just a 2-minute drive from the freeway. Picture yourself having easy access to Safeway, Costco or a swift meal from Chick-Fil-A. It's conveniently located near River Ridge High School and the Regional Athletic Complex (rac). Take advantage of the modern fitness center, clubhouse, pickleball court and playground.

New - 3 days ago

Managed by Leasing Desk

$2,895

House4 Beds2.5 Baths1,980 ft²

3805 Lanyard Dr NE

Olympia, WA 98516

Gorgeous 4 bedroom, 2.5 bath plus office in Campus Glen. Formal dining room, office with French doors on main level, open concept living room with gas fireplace and high ceilings. Kitchen has breakfast bar and walk in pantry. Large master suite has 5-piece bath with walk-in closet. Fully fenced backyard, corner lot and garage entrance off alley. Within walking distance to Salish middle school and parks nearby. Minutes to I-5, shopping, 15 min to Jblm. No Smoking - No Roommates Small pets negotiable with pet rent of $35 per month per pet. 12 month minimum lease.

Featured

Managed by Ziprent

$2,750

House3 Beds2.5 Baths2,200 ft²

7625 Kodiak Ave NE

Olympia, WA 98516

This property is available. Please inquire on this site to schedule a showing. Welcome to this charming residence located at 7625 Kodiak Ave Ne, Lacey, WA 98516. This inviting home features a lovely front porch, perfect for enjoying the tranquil neighborhood setting. Upon entering, you are greeted by a spacious hallway that effortlessly leads into a cozy living area with a warm fireplace, ideal for relaxation. The open-concept kitchen boasts modern appliances, ample cabinetry and a convenient breakfast bar, making it a delightful space for culinary endeavors and entertaining guests.

Updated - yesterday

Managed by Olympus Court Apartments

$2,045

Townhouse2 Beds2 Baths1,015 ft²

8700 Hanna Lane NE

Olympia, WA 98516

Welcome to Olympus Court, a charming and well-established apartment community nestled in the beautiful city of Lacey, WA. This 7-year-old community offers a prime location with easy access to shopping, restaurants, parks, schools and is less than 5 minutes away from I-5. Our proximity to Joint Base Lewis-McChord (jblm) caters to the needs of military personnel and their families. As a smaller community with only 76 units, Olympus Court provides an intimate and neighborly atmosphere, nestled in a residential area for a peaceful living experience.

Featured

Managed by Emily Hudechek

$2,600

Townhouse2 Beds2.5 Baths1,298 ft²

3226 Juno Court NE #D

Olympia, WA 98516

Welcome to Juniper House - a bright, modern 2 bed/2.5 bath townhouse build in 2023. Located in a quiet Lacey neighborhood minutes from shopping, dining and 20-min from Jblm this nearly new 1,278sqft home includes a 3-level layout with an open kitchen/living area, walk-in pantry, covered balcony and attached one-car garage. The first floor has a flex room perfect for an office, guest space or gym. Each bedroom has a private bath plus a half bath on second floor for guests. Furry friends welcome (limit 2); exotic pets allowed. $300 pet deposit covers cleaning or damage.

Updated - 2 days ago

Managed by Integrated Property Management

$1,650 - $1,800

Apartment2 Beds1 Bath900 ft²

1025 Neil St NE

Olympia, WA 98516

Welcome to Ashton Apartments in Olympia, WA. Our modern apartments feature stainless steel appliances, a convenient washer and dryer in every unit and reserved parking for residents. Take advantage of our pet stations throughout the community for your furry friends. Enjoy the ease and convenience of living at Ashton Apartments, where every detail has been carefully considered to enhance your living experience. Washer & Dryer in unit, Stainless steel aplliances, Pet Stations & Reserved Parking. Pet Friendly.

Managed by Vickie MacMillan

$1,300

Apartment2 Beds1 Bath

5018 Pleasant Glade Rd NE

Olympia, WA 98516

Over garage apartment including sunny bedroom, an office, beautiful country views, a full bathroom and a sitting area. Includes dorm size frig, crock pot, microwave and water kettle. There is a designated parking space in the garage. Entry is through the garage. Shared laundry. Yes. Included are all utilities. First and last month's rent plus a $600 security/cleaning deposit. No pets please. No drugs or alcohol, no smoking. Cable, Gas, Electricity, Sewage, Internet, Water, Garbage, Carpet, Hardwood, Heat Pump, Central, Microwave, Refrigerator, Washer, Dryer, Cable Ready, Bicycle Parking, Garage, Near Parks & on Site Laundry. Deposit: $1,900.

New - yesterday

Managed by Parkwood Property Management

$3,600

House4 Beds3 Baths3,137 ft²

3819 Cameron Dr NE

Olympia, WA 98516

This 4 bedroom, 2.5 bathroom home is luxurious and spacious, with over 3,000 sq ft. An airy 2-story entry greets you when you enter the home through keyless entry. Flex space, to your left, can be used as a formal sitting room and dining room or for numerous other purposes.

Featured

Managed by Windermere/Olympia Property Management

$2,800

House1 Bed1 Bath1,028 ft²

8717 Fernwood St NE

Olympia, WA 98516

Avail Early-Mid August 12 Month Lease No Smoking Pet Friendly Well Water-No Fee. $55 Application Fee - Per Applicant (anyone 18+ to occupy) $2,800 Refundable Security Deposit. $300 - $700 Refundable Pet Deposit. 1 Bd, 1 Ba, 1,028 SF cabin located near the opening of Henderson Inlet. Stunning unobstructed views and just steps to the beach. Woodstove heat, no Ac. Kitchen appliances include: Refrig, electric range and dishwasher. Small bedroom area with antique French doors. Covered front porch and partially covered back deck. Utility room off front porch with W/D hook-ups (appliances not included). No covered parking.

Updated - yesterday

Managed by Prime Locations

$1,245 - $1,495

Apartment1-2 Beds1 Bath450-600 ft²

7917 Martin Way E

Olympia, WA 98516

Welcome to Emerald Greens, presented by Prime Locations. We have several units available for lease. For more information and to schedule a showing, please contact us. On-site Laundry Facility, Electric Range, Billed Back Monthly Based on Unit Size and Number of Occupants & Fridge/Freezer. Pet Friendly.

Updated - yesterday

Managed by DuPont Realty & Property Management

$3,100

House5 Beds3 Baths2,692 ft²

2823 Anna St NE

Olympia, WA 98516

Available July 15th. Welcome to 2823 Anna St Ne, Lacey, WA 98516, a stunning 5-bedroom, 3-bathroom home that offers a perfect blend of comfort and modern amenities. The home features a gas fireplace, perfect for cozy evenings and a kitchen equipped with stainless steel appliances that will inspire your inner chef. The tankless hot water heater ensures you'll never run out of hot water, while the 3-car attached garage provides ample space for your vehicles and storage needs. The walk-in pantry offers plenty of room for all your culinary essentials.

Updated - yesterday

Managed by DuPont Realty & Property Management

$2,750

House4 Beds2.5 Baths2,400 ft²

7602 Pike Ave NE

Olympia, WA 98516

Welcome to 7602 Pike Avenue Northeast, a stunning 4-bedroom, 2.5-bathroom home located in the vibrant community of Lacey, WA. This home is a perfect blend of comfort and modern living, offering a spacious layout with all major appliances included. The kitchen is a chef's dream with a convenient island and breakfast bar, perfect for casual dining. The living room, complete with a gas fireplace, provides a cozy atmosphere for relaxation. The home also features an office/den, ideal for those who work from home or need a quiet space for study.

Featured

Managed by Prime Locations

$1,875

Apartment2 Beds2 Baths1,050 ft²

20115, 20116, 20123, 20124 Blair Lane SW

Olympia, WA 98516

Rent within 24-hours of your tour to waive the admin fee. Monthly PAYMENTS. Rent: $1,875. W/S/G: Billed back monthly based on unit size and number of occupants. Electric: Billed through PSE. Renter's Insurance Required. Move In Deposits & FEES. Application Fee: $50 (per person, due at time of applying) Holding Deposit: 25% of rent (due at time of approval, applied towards prepaid rent at move in) The payment of your holding deposit will hold the apartment until the move in date. If you cancel or do not occupy the apartment on your move in date, the deposit will be forfeited.

Featured

Managed by NextHome South Sound

$2,600

House4 Beds2.5 Baths1,640 ft²

2413 Fiddleback St NE

Olympia, WA 98516

Newer home, located near Cabelas in Lacey. 4 bedrooms, 2.5 baths. Stainless appliances in the kitchen. Washer and Dryer included. 2 faux wood blinds throughout. A beautiful view of a green space behind the home. Part of a planned community with playground. Close to lots of amenities, shopping, restaurants, etc. 5 minutes to I-5. 15 min to Jblm. Rental Criteria includes, but not limited to: Lease term: 1 year. Gross Household Monthly income: $7,800. Security Deposit: $2,600. No Smoking. No Pets. Application Fee: $45 per adult. Tenant pays all utilities.

Updated - 2 days ago

Managed by Angela Evans

$3,100

House3 Beds2.5 Baths2,200 ft²

8828 Jayden St NE

Olympia, WA 98516

Spacious master w en-suite, walk in closets in bed bedrooms. Fully fenced backyard. Backs up to green belt and golf course. Tankless h20, Spacious kitchen, stainless and granite with island, & pantry. Open concept floor plan, very quiet street not a major through street. Friendly welcoming neighborhood. Please contact me directly for additional info. Pet Friendly, Carpet, Laminate, Forced Air, Central, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range Oven, Refrigerator, Washer, Fenced Yard, Fireplace, Garage, Lawn, Near Parks, on Site Laundry & Wired For Internet. Deposit: $2,500.

Featured

Managed by The Rants Group - Residential Rentals

$2,700

Apartment3 Beds2.5 Baths1,761 ft²

6913 Delaney Lane NE

Olympia, WA 98516

Welcome to 6913 Delaney Lane Ne, presented by The Rants Group - Residential Rentals. We have several units available for lease. For more information and to schedule a showing, please contact us. Fenced Backyard, Built in 2019, Cornet Lot, Refrigerator, Stove, Microwave, Dishwasher, Washer/Dryer, 2-Car Garage & Corner Lot. Pet Friendly.

New - 2 days ago

Managed by DuPont Realty & Property Management

$2,550

Townhouse3 Beds3 Baths2,201 ft²

3324 Mia St NE

Olympia, WA 98516

Welcome to 3324 MIA Street Northeast, a stunning 3-bedroom, 3-bathroom home located in the vibrant community of Lacey, WA. This property boasts a spacious primary bedroom complete with a luxurious 5-piece bathroom, offering a private retreat within the home. The living area is enhanced by a cozy gas fireplace, perfect for those chilly evenings. The home also features a large back deck, ideal for outdoor entertaining or simply enjoying the fresh air. A 2-car attached garage provides ample storage and parking space.

Featured

Managed by Teck Properties

$3,300

House4 Beds2.5 Baths2,018 ft²

3981 Campus Willow Loop NE

Olympia, WA 98516

Welcome to this beautiful 4-bedroom home located in the prime location of Olympia, WA. This well-maintained property boasts 2.5 bathrooms and a host of modern amenities. The kitchen is a chef's dream, featuring granite countertops and stainless steel appliances. The home's location is unbeatable, being in close proximity to Jblm and a variety of shopping and dining options. The fenced backyard provides a private outdoor space, perfect for entertaining or simply enjoying the outdoors. This home is not just a place to live, it's a lifestyle.

Viewing 1-20 of 26 rentals in 98516

What to Know About

Life in Olympia & Beyond

Olympia 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

Olympia, WA

As of July 2025, Olympia's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Olympia's average rent is 6.1% ($107) higher than the Washington average of $1,750 and 4.6% ($82) higher than the U.S. average of $1,775.

Average Rent

$1,857

Monthly ChangeMonth Over Month Change

2.9% ($53)

Yearly ChangeYear Over Year Change

1.1% ($21)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,617	1.1% ($18)	9.1% ($135)
2 Beds	$1,887	0.6% ($12)	6.6% ($117)
3 Beds	$2,278	4.2% ($91)	1.9% ($42)

Nearby Cities	Average Rent	Avg. Rent vs. OlympiaAverage Rent vs. Olympia	Avg. Days on MarketAverage Days on Market
Lacey	$1,981	6.7% ($124)	41 days
Dupont	$2,674	44% ($817)	32 days
Steilacoom	$1,399	24.7% ($458)	33 days
Shelton	$1,586	14.6% ($271)	36 days
Rainier	$1,475	20.6% ($382)	30 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Olympia Rental Market FAQs

Explore rental prices, market trends, and availability in Olympia, WA.

What is the average rent in Olympia, WA?

The average rent in Olympia, WA is $1,857 per month.

What is the rental price range for homes in Olympia, WA?

Homes in Olympia typically rent for between $1,132 and $2,961 per month, with an average of $1,857 per month.

What is the average rent for different bedroom sizes in Olympia, WA?

In Olympia, the average rent for a 1-bedroom home is $1,617 per month, for a 2-bedroom home, $1,887 per month, and a 3-bedroom home is $2,278 per month.

How do rent prices in Olympia, WA compare with the national average?

The average rent in Olympia is 4.6% ($82) higher than the national average of $1,775 per month.

How have rent prices in Olympia, WA changed recently?

The average rent in Olympia has increased by 2.9% ($53) in the last month and increased by 1.1% ($21) over the past year.

How competitive is the rental market in Olympia, WA?

The rental market in Olympia, WA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Olympia, WA?

In Olympia, WA, the average rental stays on the market for approximately 26 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Olympia, WA?

There are currently 119 rental properties available in Olympia, WA.

Can I afford to rent a home in Olympia, WA?

Based on the current averages, a household would need an annual income of $75,480 to comfortably afford a 2-bedroom home in Olympia.