Rent by ZIP · Thurston County
Rent in Olympia, WA 98501
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,930 (+1% vs FY2026). Renters in this ZIP code pay a median $1,697 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,570 | $1,500 | +4.7% | $1,413–1,727 | $1,267 ±$490 |
| 1 bedroom | $1,640 | $1,640 | 0% | $1,476–1,804 | $1,359 ±$113 |
| 2 bedrooms | $1,930 | $1,910 | +1% | $1,737–2,123 | $1,751 ±$72 |
| 3 bedrooms | $2,520 | $2,550 | -1.2% | $2,268–2,772 | $2,322 ±$174 |
| 4 bedrooms | $3,120 | $3,200 | -2.5% | $2,808–3,432 | $2,619 ±$250 |
Small Area FMRs for the Olympia-Lacey-Tumwater, WA MSA. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Olympia-Lacey-Tumwater, WA MSA, 2 bedrooms: $1,946.
What renters pay in 98501
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 98502 | Olympia | $1,880 | $1,671 |
| 98503 | Lacey | $1,960 | $1,722 |
| 98506 | Olympia | $1,780 | $1,466 |
| 98512 | Olympia | $1,980 | $1,861 |
| 98513 | Olympia | $2,200 | $1,823 |
| 98516 | Olympia | $2,280 | $2,021 |
Fair Market Rents across Thurston County, WA · All WA counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.