Cheap Apartments for Rent in 98506

40 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 Sep 2026 compared to the previous month. Rent previously peaked in Sep 2025.
MonthAverage rent
Oct 2025$1,897
Nov 2025$1,800
Dec 2025$1,645
Jan 2026$1,595
Feb 2026$1,795
Mar 2026$1,800
Apr 2026$1,650
May 2026$1,971
Jun 2026$1,900
Jul 2026$1,850
Aug 2026$1,877
Sep 2026$2,200
View as a graph

Average Rent By Bedroom and Home Type

In October 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,675$1,795$2,495$3,100$1,950
Townhomes—$1,795$2,300—$1,795
Apartments and Condos$1,400———$1,300
Houses$1,675$2,295$2,495$3,100$2,350

Frequently Asked Questions about Rentals in 98506

  • What is the average rent of an apartment in 98506?
    The average rent of an apartment in 98506 is $1,483 per month. This is about 24% lower than the national average.
  • What are the cheapest months to find an apartment to rent in 98506?
    Last year, the cheapest month to find an apartment to rent was May 2025 when it was $1,400 per month.
  • How many cheap apartments are available in 98506?
    There are 19 apartments to rent that are cheaper than the city’s average rent of $1,950.
  • 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 $2,400 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 $1,675 per month. That is about $375 more than the cost of a studio apartment.
  • 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.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 98506 - 307 Rentas | Trulia