Luxury Apartments for Rent in 98506
31 rentals
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Apartments For Rent Near 98506
We found 30 more apartments matching your filters just outside 98506
- NEW - 1 DAY AGOSPECIAL OFFERSENIOR HOUSINGPET FRIENDLY$1,700 - $17,010/mo1-2 Beds1-2 BathsSilver Leaf Residences- a 55+ Community | 4520 Henderson Blvd SE,
Olympia, WA 98501 - APPLY INSTANTLYPET FRIENDLY
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- $1,718 - $2,819/mo2-3 Beds1-2 BathsThe Park at Cooper Point Apartments | 3200 Capital Mall Dr SW,
Olympia, WA 98502
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 Aug 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $2,400 |
| 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 |
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 | $1,794 | $1,900 | $2,719 | ā | $1,990 |
| 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 | $2,795 | ā | $2,432 |
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 $1,727 per month. This is about 12% 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 May 2025 when it was $1,400 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 $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 $1,794 per month. That is about $351 more than the cost of a studio apartment.
- How many available rental listings are in 98506?There are 29 available rental listings 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.
View this page in Spanish: Apartamentos de lujo en renta en los alrededores de 98506 - 289 Rentas | Trulia