Cheap Apartments for Rent in 98502
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- $1,293 - $1,540/mo1-2 Beds1 BathLARC at Olympia (Senior Housing 62+) | 3600 Forestbrooke Way SW,
Olympia, WA 98502 - $1,350 - $1,625/mo1-2 Beds1 BathEvergreen Park Apartments in Olympia! | 2121 Evergreen Park Dr SW,
Olympia, WA 98502 - $1,675 - $2,295/moStudio-2 Beds1-2 BathsLittle Tuscany Apartments & Townhomes | 1000 Fern St SW,
Olympia, WA 98502 - $1,708 - $2,349/mo2-3 Beds1-2 BathsThe Park at Cooper Point Apartments | 3200 Capital Mall Dr SW,
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Average Rent Trends in 98502
Rent in 98502 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Aug 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $2,150 |
| Oct 2025 | $1,990 |
| Nov 2025 | $1,985 |
| Dec 2025 | $1,974 |
| Jan 2026 | $1,901 |
| Feb 2026 | $1,890 |
| Mar 2026 | $1,925 |
| Apr 2026 | $1,890 |
| May 2026 | $1,914 |
| Jun 2026 | $1,865 |
| Jul 2026 | $1,850 |
| Aug 2026 | $1,895 |
Average Rent By Bedroom and Home Type
In August 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 | $1,600 | $1,895 | $2,420 | $2,995 | $1,895 |
| Townhomes | $1,550 | $1,995 | $2,350 | — | $2,100 |
| Apartments and Condos | $1,600 | $1,865 | $2,000 | $2,995 | $1,865 |
| Houses | $1,500 | $2,495 | $2,795 | $3,250 | $2,600 |
Frequently Asked Questions about Rentals in 98502
- What is the average rent of an apartment in 98502?The average rent of an apartment in 98502 is $1,913 per month. This is about 2% lower than the national average.
- When is the average rent cheapest in 98502?In the last year, the average rent in 98502 was lowest in May 2025 when it was $1,725 per month.
- When is the average rent most expensive in 98502?In the last year, the average rent in 98502 was highest in Sep 2025 when it was $2,150 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 98502?The average rent of a 1 bedroom apartment in 98502 is $1,600 per month. That is about $262 more than the cost of a studio apartment.
- How many available rental listings are in 98502?There are 80 available rental listings in 98502.
- What are some cities near 98502?
View this page in Spanish: Apartamentos baratos en renta en 98502 - 258 Rentas | Trulia