Apartments For Rent By Private Owner in 98516

12 rentals

Apartments For Rent Near 98516

We found 30 more apartments matching your filters just outside 98516

Average Rent Trends in 98516

Rent in 98516 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Sep 2026 compared to the previous month. Rent previously peaked in Jul 2025.
MonthAverage rent
Oct 2025$2,650
Nov 2025$2,475
Dec 2025$2,595
Jan 2026$2,500
Feb 2026$2,500
Mar 2026$2,450
Apr 2026$2,200
May 2026$2,250
Jun 2026$2,616
Jul 2026$2,495
Aug 2026$2,500
Sep 2026$2,495
View as a graph

Average Rent By Bedroom and Home Type

In September 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,814$1,990$2,597$3,000$2,400
Townhomes$1,274$1,900$2,500$2,675$1,900
Apartments and Condos—$1,775$2,500—$1,975
Houses—$2,595$2,650$3,000$2,967

Frequently Asked Questions about Rentals in 98516

  • What is the average rent of an apartment in 98516?
    The average rent of an apartment in 98516 is $1,800 per month. This is about 8% lower than the national average.
  • When is the average rent cheapest in 98516?
    In the last year, the average rent in 98516 was lowest in Feb 2025 when it was $2,195 per month.
  • When is the average rent most expensive in 98516?
    In the last year, the average rent in 98516 was highest in Jul 2025 when it was $2,695 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 98516?
    The average rent of a 1 bedroom apartment in 98516 is $1,814 per month. That is about $248 more than the cost of a studio apartment.
  • How many available rental listings are in 98516?
    There are 61 available rental listings in 98516.
  • What are some cities near 98516?
    Some nearby cities include: Lacey, Dupont, Longbranch, Olympia, Nisqually Indian Community, Steilacoom. These cities may have more rental options to explore.
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