Luxury Apartments for Rent in 98516
54 rentals
Use arrow keys to navigateAPPLY INSTANTLYPET FRIENDLY
Use arrow keys to navigateAPPLY INSTANTLYPET FRIENDLYFURNISHED
Use arrow keys to navigateNEW - 1 DAY AGOAPPLY INSTANTLYPET FRIENDLY
Use arrow keys to navigateAPPLY INSTANTLYPET FRIENDLYFURNISHED
Use arrow keys to navigateAPPLY INSTANTLYPET FRIENDLY
Use arrow keys to navigateNEW - 1 DAY AGO
Use arrow keys to navigatePET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
NEW - 3 HRS AGO
APPLY INSTANTLYPET FRIENDLY
APPLY INSTANTLY
NEW - 13 HRS AGOAPPLY INSTANTLYPET FRIENDLY
PET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
PET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
PET FRIENDLY
PET FRIENDLY
SPECIAL OFFERPET FRIENDLY$1,745 - $2,655/mo
1-3 Beds
1-2 BathsKarlo Lacey Apartments | 8811 31st Ave NE #7e2c49f9b,
Olympia, WA 98516
SPECIAL OFFERPET FRIENDLY
SPECIAL OFFERPET FRIENDLY
NEW - 1 DAY AGO
NEW - 22 HRS AGO
NEW - 22 HRS AGO
PET FRIENDLY
PET FRIENDLY
SPECIAL OFFERPET FRIENDLYTotal price$1,554 - $2,439/moStudio-3 Beds1-2 BathsBritton Place | 6655 Britton Pkwy NE #31-301,
Olympia, WA 98516
NEW - 11 HRS AGOPET FRIENDLY$1,650 - $2,400/mo1-2 Beds1-2 BathsHogum Bay Apartments | 2463 Hogum Bay Rd NE #430,
Olympia, WA 98516
NEW - 2 DAYS AGOTotal price$2,161 - $2,201/mo2 Beds2 BathsGayteway at Hawks Prairie | 8825 Martin Way E #1-306,
Olympia, WA 98516
SPECIAL OFFERPET FRIENDLYTotal price$1,611 - $2,197/moStudio-2 Beds1-2 BathsMartingale Apartments | 8675 Litt Dr SE #10-101,
Olympia, WA 98516
PET FRIENDLY$1,825 - $2,188/mo1-2 Beds1-2 BathsAbbey Rowe Apartments | 9320 Windsor Ln NE #A305,
Olympia, WA 98516
Save Search in 98516
98516Get emails when new homes match this search
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 increased in Jun 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $2,695 |
| Aug 2025 | $2,595 |
| Sep 2025 | $2,649 |
| 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 | $2,256 |
| Jun 2026 | $2,616 |
Average Rent By Bedroom and Home Type
In July 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 | $1,731 | $2,064 | $2,650 | $2,895 | $2,495 |
| Townhomes | $1,248 | $1,650 | $2,000 | $2,595 | $1,650 |
| Apartments and Condos | $2,200 | $1,900 | — | — | $1,900 |
| Houses | $700 | $3,100 | $2,764 | $3,000 | $2,850 |
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 $1,734 per month. This is about 11% 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 $1,731 per month. That is about $147 more than the cost of a studio apartment.
- How many available rental listings are in 98516?There are 56 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.
View this page in Spanish: Apartamentos de lujo en renta en 98516 - 357 Rentas | Trulia