Rent by ZIP · Thurston County
Rent in Olympia, WA 98506
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,780 (-3.3% vs FY2026). Renters in this ZIP code pay a median $1,461 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,450 | $1,440 | +0.7% | $1,305–1,595 | $1,269 ±$763 |
| 1 bedroom | $1,520 | $1,580 | -3.8% | $1,368–1,672 | $1,356 ±$219 |
| 2 bedrooms | $1,780 | $1,840 | -3.3% | $1,602–1,958 | $1,466 ±$125 |
| 3 bedrooms | $2,360 | $2,450 | -3.7% | $2,124–2,596 | $1,677 ±$364 |
| 4 bedrooms | $2,960 | $3,090 | -4.2% | $2,664–3,256 | $2,275 ±$106 |
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 98506
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 |
|---|---|---|---|
| 98503 | Lacey | $1,960 | $1,722 |
| 98502 | Olympia | $1,880 | $1,671 |
| 98501 | Olympia | $1,930 | $1,751 |
| 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.