Fair Market Rent · Washington
Fair Market Rent in Thurston County, WA
FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.
HUD's FY2027 Fair Market Rent for a 2-bedroom home in Thurston County is $1,946 a month, -0.7% from FY2026. Thurston County is part of the Olympia-Lacey-Tumwater, WA MSA (a metro area). HUD also publishes Small Area FMRs by ZIP code here; those can be higher or lower than the area-wide figure. See each ZIP code below.
Area-wide Fair Market Rents
| Size | FY2027 | FY2026 | Change | Typical voucher range (90–110%) |
|---|---|---|---|---|
| Studio | $1,586 | $1,538 | +3.1% | $1,427–1,745 |
| 1 bedroom | $1,656 | $1,682 | -1.5% | $1,490–1,822 |
| 2 bedrooms | $1,946 | $1,960 | -0.7% | $1,751–2,141 |
| 3 bedrooms | $2,541 | $2,613 | -2.8% | $2,287–2,795 |
| 4 bedrooms | $3,141 | $3,288 | -4.5% | $2,827–3,455 |
The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.
Rents by ZIP code in Thurston County
Open a ZIP code for every size, the spread of rents and nearby ZIP codes.
| ZIP | Place | 2-bedroom FMR (ZIP) | Census median, 2 bedrooms | Census median, all sizes |
|---|---|---|---|---|
| 98501 | Olympia | $1,930 | $1,751 | $1,697 |
| 98502 | Olympia | $1,880 | $1,671 | $1,689 |
| 98503 | Lacey | $1,960 | $1,722 | $1,746 |
| 98505 | Olympia | $1,880 | – | – |
| 98506 | Olympia | $1,780 | $1,466 | $1,461 |
| 98512 | Olympia | $1,980 | $1,861 | $1,765 |
| 98513 | Olympia | $2,200 | $1,823 | $1,967 |
| 98516 | Olympia | $2,280 | $2,021 | $2,068 |
| 98530 | Bucoda | $1,770 | $1,250 | $1,338 |
| 98556 | Littlerock | $1,980 | – | – |
| 98576 | Rainier | $1,770 | $1,057 | $1,564 |
| 98579 | Rochester | $1,770 | $1,290 | $1,532 |
| 98589 | Tenino | $1,770 | $1,374 | $1,419 |
| 98597 | Yelm | $1,850 | $1,651 | $1,638 |
Sources: HUD Fair Market Rents and Small Area Fair Market Rents, FY2027 (effective October 1, 2026) and FY2026; U.S. Census Bureau, 2020–2024 American Community Survey 5-year estimates (median gross rent by ZIP code). Fair Market Rents and Census figures include utilities. Not affiliated with HUD or the Census Bureau. About the data.