Apartments in 98506

15 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 for a apartment decreased in Jun 2026 compared to the previous month. Rent for apartments peaked in Sep 2025.
MonthAverage rent
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
Jun 2026$1,741
View as a graph

Average Rent By Bedroom and Home Type

In July 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$1,568$1,842$2,862$3,095$1,850
Townhomes$2,050$2,800$2,800
Apartments and Condos$1,900$1,842
Houses$2,495$2,200$2,950$3,095$2,503

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 $1,706 per month. This is about 13% lower than the national average.
  • When is the average rent for an apartment 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 for an apartment 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 $1,460 per month. That is about $348 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 98506?
    There are 16 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.