Cheap Apartments for Rent in 98501
119 rentals
Use arrow keys to navigatePET FRIENDLY
Use arrow keys to navigate
Use arrow keys to navigatePET FRIENDLY
Use arrow keys to navigatePET FRIENDLY
Use arrow keys to navigate
Use arrow keys to navigatePET FRIENDLY
Use arrow keys to navigatePET FRIENDLY
SENIOR HOUSINGINCOME RESTRICTED- SENIOR HOUSINGINCOME RESTRICTED
- SENIOR HOUSINGINCOME RESTRICTED
- SENIOR HOUSINGINCOME RESTRICTED
- SENIOR HOUSINGINCOME RESTRICTED
- SENIOR HOUSINGINCOME RESTRICTED
APPLY INSTANTLYPET FRIENDLY
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
SPECIAL OFFERPET FRIENDLY
NEW - 2 DAYS AGOPET FRIENDLY$1,299 - $1,525/mo
Studio-1 Bed
1 BathThe Gibson Apartment Homes | 505 Union Ave SE #320,
Olympia, WA 98501
PET FRIENDLY
NEW - 2 DAYS AGOPET FRIENDLY
SPECIAL OFFERSENIOR HOUSINGPET FRIENDLY$1,306 - $1,980/moStudio-2 Beds1-2 BathsSilver Leaf Residences- a 55+ Community | 4520 Henderson Blvd SE #A301,
Olympia, WA 98501- SENIOR HOUSINGINCOME RESTRICTED
- SENIOR HOUSINGINCOME RESTRICTED
- SENIOR HOUSINGINCOME RESTRICTED
- SENIOR HOUSINGINCOME RESTRICTED
- SENIOR HOUSINGINCOME RESTRICTED
- SENIOR HOUSINGINCOME RESTRICTED
- SENIOR HOUSINGINCOME RESTRICTED
- SENIOR HOUSINGINCOME RESTRICTED
PET FRIENDLY$1,345 - $1,575/mo1-2 Beds1 BathEastway Circle Apartments | 1125 12th Ave SE #G-209,
Olympia, WA 98501
SENIOR HOUSINGINCOME RESTRICTED- SENIOR HOUSINGINCOME RESTRICTED
- SENIOR HOUSINGINCOME RESTRICTED
- SENIOR HOUSINGINCOME RESTRICTED
- SENIOR HOUSINGINCOME RESTRICTED
- SENIOR HOUSINGINCOME RESTRICTED
- SENIOR HOUSINGINCOME RESTRICTED
- SENIOR HOUSINGINCOME RESTRICTED
Save Search in 98501
98501Get emails when new homes match this search
Average Rent Trends in 98501
Rent in 98501 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,650 |
| Jul 2025 | $1,826 |
| Aug 2025 | $1,999 |
| Sep 2025 | $1,850 |
| Oct 2025 | $1,788 |
| Nov 2025 | $1,850 |
| Dec 2025 | $1,828 |
| Jan 2026 | $1,850 |
| Feb 2026 | $1,839 |
| Mar 2026 | $1,850 |
| Apr 2026 | $1,762 |
| May 2026 | $1,601 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,369 | $1,795 | $2,500 | $2,650 | $1,600 |
| Townhomes | $1,400 | $1,795 | $2,256 | $2,584 | $2,256 |
| Apartments and Condos | $1,313 | $1,587 | — | — | $1,395 |
| Houses | $2,500 | $1,895 | $2,500 | $2,900 | $2,500 |
Frequently Asked Questions about Rentals in 98501
- What is the average rent of an apartment in 98501?The average rent of an apartment in 98501 is $1,559 per month. This is about 19% lower than the national average.
- What is the average rent of a house in 98501?The average rent of a house in 98501 is $2,500 per month. This is about 30% higher than the national average.
- What is the average rent of a townhome in 98501?The average rent of a townhome in 98501 is $2,256 per month. This is about 17% higher than the national average.
- When is the average rent cheapest in 98501?In the last year, the average rent in 98501 was lowest in Jun 2025 when it was $1,650 per month.
- When is the average rent most expensive in 98501?In the last year, the average rent in 98501 was highest in Aug 2025 when it was $1,999 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 98501?The average rent of a 1 bedroom apartment in 98501 is $1,369 per month. That is about $67 more than the cost of a studio apartment.
- How many available rental listings are in 98501?There are 125 available rental listings in 98501.
- What are some cities near 98501?