Apartments in 98506
15 rentals
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Apartments For Rent Near 98506
We found 30 more apartments matching your filters just outside 98506
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- SPECIAL OFFERPET FRIENDLY$1,675 - $2,295/moStudio-2 Beds1-2 BathsLittle Tuscany Apartments & Townhomes | 1000 Fern St SW,
Olympia, WA 98502 - NEW - 20 HRS AGOSPECIAL OFFERSENIOR HOUSINGPET FRIENDLY$1,558 - $2,045/mo1-2 Beds1-2 BathsSilver Leaf Residences- a 55+ Community | 4520 Henderson Blvd SE,
Olympia, WA 98501 - SPECIAL OFFERPET FRIENDLY
- PET FRIENDLYFURNISHED$1,711 - $2,349/mo2-3 Beds1-2 BathsThe Park at Cooper Point Apartments | 3200 Capital Mall Dr SW,
Olympia, WA 98502 - $1,199 - $1,525/moStudio-1 Bed1 BathThe Gibson Apartment Homes | 505 Union Ave SE,
Olympia, WA 98501 - Total price$2,065 - $2,424/mo1-3 Beds1-2 BathsParkview Apartments | 4523 Briggs Dr S,
Olympia, WA 98501 - $1,532 - $2,596/mo1-3 Beds1-3 BathsMontair at Somerset Hill | 1704 Barnes Blvd SW,
Olympia, WA 98512 - Total price$1,651 - $2,306/mo1-3 Beds1-2 BathsEmerald Pointe Apartments | 1405 Clearbrook Dr SE,
Lacey, WA 98503
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 increased in Aug 2026 compared to the previous month. Rent for apartments peaked in Sep 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,713 |
| Oct 2025 | $1,583 |
| Nov 2025 | $1,487 |
| Dec 2025 | $1,386 |
| Jan 2026 | $1,409 |
| Feb 2026 | $1,300 |
| Mar 2026 | $1,605 |
| Apr 2026 | $1,395 |
| May 2026 | $1,913 |
| Jun 2026 | $1,741 |
| Jul 2026 | $1,684 |
| Aug 2026 | $1,767 |
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 | $1,475 | $1,868 | $2,550 | ā | $1,930 |
| Townhomes | ā | $1,795 | $2,300 | ā | $2,300 |
| Apartments and Condos | $1,150 | $1,295 | ā | ā | $1,800 |
| Houses | $1,800 | $2,395 | $2,500 | ā | $2,400 |
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 $1,658 per month. This is about 16% 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 $1,313 per month. That is about $238 less 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.
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