Luxury Apartments for Rent in 98506

26 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$1,750
Jul 2025$1,525
Aug 2025$1,800
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$1,700
May 2026$1,970
View as a graph

Average Rent By Bedroom and Home Type

In May 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$1,450$1,699$2,950$3,950$1,956
Townhomes—$2,050$2,850—$2,050
Apartments and Condos—$1,706—$3,995$1,900
Houses—$2,100$3,484$3,950$3,304

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 $1,675 per month. This is about 13% lower than the national average.
  • What is the average rent of a house in 98506?
    The average rent of a house in 98506 is $3,304 per month. This is about 71% higher than the national average.
  • What is the average rent of a townhome in 98506?
    The average rent of a townhome in 98506 is $2,050 per month. This is about 6% higher 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 $1,450 per month. That is about $225 more than the cost of a studio apartment.
  • How many available rental listings are in 98506?
    There are 27 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.