Apartments in 98506

14 rentals

Apartments For Rent Near 98506

We found 30 more apartments matching your filters just outside 98506

Average Rent Trends in 98506

Rent in 98506 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Sep 2025.
MonthAverage rent
Jun 2025$1,314
Jul 2025$1,428
Aug 2025$1,532
Sep 2025$1,713
Oct 2025$1,583
Nov 2025$1,488
Dec 2025$1,386
Jan 2026$1,409
Feb 2026$1,300
Mar 2026$1,604
Apr 2026$1,448
May 2026$1,913
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,575$1,699$2,950$3,095$1,977
Townhomes—$1,425$2,850—$2,050
Apartments and Condos$2,600$1,706—$3,995$2,600
Houses—$1,625$3,000$3,095$3,095

Frequently Asked Questions about Apartments and Condos for rent in 98506

  • What is the average rent of an apartment in 98506?
    The average rent of an apartment in 98506 is $1,912 per month. This is about 1% lower than the national average.
  • When is the average rent cheapest in 98506?
    In the last year, the average rent in 98506 was lowest in Apr 2025 when it was $1,312 per month.
  • When is the average rent most expensive in 98506?
    In the last year, the average rent in 98506 was highest in Sep 2025 when it was $1,713 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 98506?
    The average rent of a 1 bedroom apartment in 98506 is $2,026 per month. That is about $501 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 98506?
    There are 15 available apartments or condos to rent in 98506.
  • What are some cities near 98506?
    Some nearby cities include: Lacey, Olympia, Tumwater, Longbranch, Dupont, Nisqually Indian Community. These cities may have more rental options to explore.