Cheap Apartments for Rent in 98512
51 rentals
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Use arrow keys to navigatePET FRIENDLY$1,516 - $2,233/mo
1-3 Beds
1-2 BathsBlack Lake Apartments | 1900 Black Lake Blvd SW,
Olympia, WA 98512
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,532 - $2,596/mo1-3 Beds1-3 BathsMontair at Somerset Hill | 1704 Barnes Blvd SW,
Olympia, WA 98512
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PET FRIENDLY$1,939 - $2,635/mo1-3 Beds1-2 BathsThe Villas at Kennedy Creek | 1978 Trosper Rd SW,
Olympia, WA 98512
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Average Rent Trends in 98512
Rent in 98512 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Aug 2026 compared to the previous month. Rent previously peaked in Oct 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $2,433 |
| Oct 2025 | $2,495 |
| Nov 2025 | $2,490 |
| Dec 2025 | $2,395 |
| Jan 2026 | $2,295 |
| Feb 2026 | $2,295 |
| Mar 2026 | $2,150 |
| Apr 2026 | $2,000 |
| May 2026 | $2,138 |
| Jun 2026 | $2,200 |
| Jul 2026 | $2,400 |
| Aug 2026 | $2,399 |
Average Rent By Bedroom and Home Type
In August 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,687 | $1,895 | $2,478 | $3,000 | $2,395 |
| Townhomes | — | $1,795 | — | — | $1,795 |
| Apartments and Condos | $1,695 | $1,695 | $2,395 | $2,499 | $1,995 |
| Houses | $100 | $2,100 | $2,695 | $3,000 | $3,000 |
Frequently Asked Questions about Rentals in 98512
- What is the average rent of an apartment in 98512?The average rent of an apartment in 98512 is $2,005 per month. This is about 2% higher than the national average.
- When is the average rent cheapest in 98512?In the last year, the average rent in 98512 was lowest in Apr 2025 when it was $1,938 per month.
- When is the average rent most expensive in 98512?In the last year, the average rent in 98512 was highest in Oct 2025 when it was $2,495 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 98512?The average rent of a 1 bedroom apartment in 98512 is $1,687 per month. That is about $167 more than the cost of a studio apartment.
- How many available rental listings are in 98512?There are 57 available rental listings in 98512.
- What are some cities near 98512?
View this page in Spanish: Apartamentos baratos en renta en 98512 - 118 Rentas | Trulia