City Report · WA

Yelm

Pop. 11,102·39th most expensive in Washington·Yelm rents have dropped 6.0%, currently a renter's market
Median rent (all units)
$2,226/mo
Year-over-Year
-6.0%
Month-over-Month
-3.3%
vs US Median
+$261
Falling (Monthly)
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Most AffordableMost Expensive
Yelm · $2,226
More expensive than 70% of US cities · National median $1,965/mo
Rent Reality Score
69/100
Good value
OverheatedFairGreat value

Rents are 10% below what Yelm's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,226/mo
Expected by trend
$2,458/mo
The Rent Reality Score compares today's median rent to where Yelm's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,410
1 BR
$1,600
2 BR
$1,860
3 BR
$2,550
4 BR+
$3,120
Research median
$1,860/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$26,712/yr
At $2,226/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 6.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-6.0% YoY, -3.3% MoM), not inventory.
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Demographics

Who lives here

Yelm, WA is majority owner-occupied, has a large share of families with children, has a median income above the national average, 27.4% of residents hold a bachelor's degree or higher.

Population
11,102
Median income
$90,750
Median age
31
Renters
33.4%
Age distribution
29.4%
28.7%
27.3%
Under 1829.4%
18–3428.7%
35–5427.3%
55–647.6%
65+7%
Gender
50.7%
49.3%
Male50.7%
Female49.3%
Race & ethnicity
64.8%
16.3%
12.3%
White64.8%
Black5.3%
Hispanic16.3%
Asian1.3%
Other12.3%
Education (25+)
29.3%
36.7%
27.4%
No HS diploma6.7%
HS diploma29.3%
Some college36.7%
Bachelor's+27.4%
Housing tenure
66.6%
33.4%
Owner66.6%
Renter33.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How Yelm, WA has changed in 5 years

Rent
$2,026 → $2,226
up 9.9%
Income
$83,027 → $90,750
up 9.3%
Population
10,205 → 11,102
up 8.8%
Renter share
32.3% → 33.4%
+1.1 pts
Bachelor's+
20% → 27.4%
+7.4 pts

Across the past five years, the going rent in Yelm, WA has shifted from $2,026 to $2,226, up 9.9% since 2023. Local incomes tracked alongside that move, going from a median of $83,027 in 2021 to $90,750 more recently. Census counts show Yelm, WA adding about 897 residents over the five-year window, up 8.8% on net. Bachelor's-degree-or-higher attainment moved from 20% to 27.4% across the same window. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Yelm, WA market of 2023.

Community

Discussions about Yelm

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View Yelm rent history (2015–2026) →
Salary vs rent

Can you afford rent in Yelm on your salary?

At $2,226/mo, how Yelm rent compares to typical pay (30% rule).

By apartment size

Yelm rent by bedroom count

Median rent for each apartment size in Yelm. Click any size for full breakdown.

Local insights

Tips for renters in Yelm

About renting in Yelm, WA

Last updated: July 20, 2026

The median rent in Yelm is $2,226/mo as of July 2026. A studio apartment averages $1,410/mo while a 2-bedroom runs $1,860/mo. One-bedroom apartments average $1,600/mo and 3-bedroom units go for $2,550/mo.

At 29% of local median household income ($90,750/yr), Yelm ranks as affordable compared to the national benchmark of 30%. Rents have decreased 6.0% over the past year.

FAQ

Frequently asked questions

Is Yelm an affordable city for renters?

Yelm is considered affordable for renters. At $2,226/mo, rent takes approximately 29% of the local median household income ($90,750/yr). The standard benchmark is 30%. Yelm falls comfortably within that range.

How much income do you need to rent in Yelm?

To keep rent at or below 30% of gross income, you would need to earn at least $89,000/year (~$43/hour full-time) to afford the median rent of $2,226/mo in Yelm. The local median household income is $90,750/yr, meaning the typical Yelm household meets that threshold.

Is rent going up or down in Yelm?

Rent in Yelm has decreased 6.0% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Yelm rent compare to other cities in Washington?

Yelm is middle-of-the-pack for Washington for rent, ranking #39 out of 110 tracked cities at $2,226/mo.

Which nearby cities are cheaper to rent in than Yelm?

Clover Creek is nearby and more affordable at $2,077/mo, which is $149 less than Yelm.

What percentage of Yelm residents rent vs. own?

According to Census data, approximately 33.4% of Yelm households are renters, while 66.6% are owner-occupied. Yelm leans toward homeownership, which can mean a smaller rental inventory.

How does Yelm rent compare to the national average?

Yelm's median rent of $2,226/mo is $261 (13%) above the US national median of $1,965/mo. Within Washington, it ranks #39 out of 110 tracked cities.
Income Affordability
29%
AFFORDABLE

At $2,226/mo, rent takes ~29% of Yelm's median household income ($90,750/yr). The standard benchmark is 30%.

Yelm 29%Benchmark 30%
State income taxNone
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Yelm, WA

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