
Apartments for Rent in the 98516 ZIP Code of Olympia, WA (107 Rentals)Page 2 of 3


4500 Martin Way E

7312 33rd Way NE

Tolmie Cove

Olympus Court Apartments

Auza Apartments

The Ashton

Firs Apartments

Modera Lacey

Revel Lacey

Copper Wood

Arbor Crest Apartments

Northwood

Hawks Prairie Apartments

Talisman

The Madison

Ensign I & II

Emerald Greens

Carpenter Crest

The Huntington Apartments

702 Salzburg Ln SE

921 Avalon Ct SE

8019 N Bicentennial Loop SE

317 Trailblazer St SE

7016 Husky Way SE

183 Veranda Ln SE

6840 4th Ln SE

9023 Steilacoom Rd SE

9546 6th Way SE

629 Sandra Lee Ct SE

Rainier Terrace Mobile Home Park

Martin Way Mobile Home Park

Prairie Pines Apartments

6845 Martin Way E

Tanglewilde Terrace Townhomes

Timberlake Apartments

Bldg B

Kinwood Townhomes

7730 Steilacoom Rd SE

8619 SE Steilacoom Rd

8631 SE Steilacoom Rd

3455 Martin Way E

Riverside Manor

Nisqually Ridge

7602 SE 3rd Ave

Meadowscape

Tanglewood Apartments

Trestlewood Townhomes

Serenity Apartments

The Lodge
Olympia, WA Local Guide

How much does it cost to rent an apartment in 98516?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 98516 Studio Apartments | $1,655 | $1,501 | $2,689 |
| 98516 1 Bedroom Apartments | $1,848 | $1,325 | $2,783 |
| 98516 2 Bedroom Apartments | $2,205 | $1,400 | $3,570 |
| 98516 3 Bedroom Apartments | $2,537 | $1,795 | $2,887 |
Browse Apartments in the 98516 Zip Code of Olympia
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Frequently Asked Questions about the 98516 ZIP Code
What is the current pricing and availability for apartments for rent in the 98516 ZIP Code?
As of today, August 27, 2026, there are currently 107 available 98516 apartments priced from $1,325 to $3,570, with an average monthly rent of $2,073.
How much are Studio apartments in 98516?
There are currently 24 Studio Apartments in 98516 with rent ranges from $1,501 to $2,689 with an average price of $1,655.
What is the current price range for One Bedroom 98516 Apartments for rent?
Today's rental pricing for One Bedroom Apartments in 98516 ranges from $1,325 to $2,783 with an average monthly rent of $1,848.
What does renting a Two Bedroom Apartment in 98516 cost?
The monthly rent prices of Two Bedroom Apartments currently available in 98516 range from $1,400 to $3,570. Today's average rental price for Two Bedrooms here is $2,205.
How expensive are 98516 Three Bedroom Apartments?
There are currently 21 Three Bedroom Apartments listings available in 98516 on ApartmentHomeLiving.com. The pricing ranges from $1,795 to $2,887 - averaging $2,537 for the location.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.