Studio Rent · August 2026

Studio Apartment Rent in Olympia, WA

$1,350/mo

Median asking rent for a studio apartment in Olympia, Washington as of August 2026. That's +33% lower than the citywide median of $2,008 and +5% above the national studio median of $1,290.

Studio median
$1,350
August 2026
vs city overall
-33%
$2,008 city median
vs national
+5%
$1,290 US median
Washington rank
#35
of 103 cities

Income needed for a studio in Olympia

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a studio at the current median rent.

Annual income
$54,000
Monthly gross
$4,500
Hourly (full-time)
$25.96

Rent by apartment size in Olympia

Compare Olympia's median rent across every apartment size.

Studio (current)
$1,350
1-Bedroom
$1,538
2-Bedroom
$1,788
3-Bedroom
$2,450
4+ Bedroom
$3,000

Cheapest cities for a studio in Washington

#CityStudio rent
1Aberdeen$790
2Port Angeles$800
3Pullman$800
4Chehalis$870
5Sedro-Woolley$893
6Ellensburg$910
7Longview$930
8Moses Lake$940
9Cheney$950
10Kelso$950
11Shelton$970
12Spokane$974
13Wenatchee$990
14Yakima$1,027
15Spokane Valley$1,036

Most expensive cities for a studio in Washington

#CityStudio rent
1Sammamish$3,255
2Snoqualmie$3,060
3Issaquah$2,815
4Maple Valley$2,610
5Woodinville$2,540
6Bothell$2,473
7North Bend$2,310
8Mukilteo$2,310
9Covington$2,310
10Lake Stevens$2,280
11Newcastle$2,260
12Bellevue$2,184
13Edmonds$2,180
14Kenmore$2,140
15Monroe$2,130

Nearby cities — studio rent

Considering nearby alternatives? 5 of these cities have cheaper studio rents than Olympia.

CityDistanceStudio rentvs Olympia
Tumwater, WA3.8 mi$1,808+$458 (+34%)
Lacey, WA12.6 mi$1,557+$207 (+15%)
Shelton, WA19.1 mi$970$-380 (-28%)
Dupont, WA20.7 mi$1,970+$620 (+46%)
Centralia, WA21.4 mi$1,210$-140 (-10%)
Steilacoom, WA22.4 mi$1,370+$20 (+1%)
Chehalis, WA29 mi$870$-480 (-36%)
University Place, WA30.4 mi$1,365+$15 (+1%)
Lakewood, WA30.9 mi$1,290$-60 (-4%)
Gig Harbor, WA31.6 mi$1,815+$465 (+34%)
Yelm, WA34.7 mi$1,410+$60 (+4%)
Parkland, WA36 mi$1,290$-60 (-4%)

Studio rent in Olympia — common questions

How much is a studio apartment in Olympia?

As of August 2026, the median studio apartment rent in Olympia, Washington is $1,350 per month. This is +33% below the citywide median of $2,008.

What income do you need to afford a studio in Olympia?

Using the standard 30% rent-to-income rule, you would need an annual income of about $54,000 ($4,500/month gross), which works out to roughly $25.96/hour at a full-time job.

Is Olympia expensive for a studio compared to the rest of the US?

Olympia's studio median of $1,350 is +5% above the national studio median of $1,290. It ranks in the 54th percentile of US cities tracked.

How does Olympia rank for studio rent in Washington?

Among the 103 cities in Washington with studio data, Olympia ranks #35 from cheapest to most expensive.

Are there cheaper studio options near Olympia?

Yes — nearby cities with cheaper studio rents include Shelton ($970), Centralia ($1,210), Chehalis ($870).

All rent data
Olympia rent overview →
Trend
Olympia rent history →
Calculator
Olympia affordability →
Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Olympia, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (August 2026) and exclude cities with median rent below $400 or above $20,000.