RentYield Atlas

ZIP 98501 — Olympia, WA: rental yield & market data

Gross rental yield of 4.09% — ranked #111 of 229 Washington ZIP codes. June 2026 data.

Gross rental yield
4.09%
Home value
$555,014
Market rent / mo
$1,893
Price-to-rent
24.4

Trend

Metric1-year change5-year change
Home value+0.4% +14.3%
Market rent+1.6% +21.5%

Metro: Olympia-Lacey-Tumwater, WA · County: Thurston County · Annual rent: $22,716

Comparable ZIP codes in Washington

Similar home values, sorted by yield — the cheapest way to see if 98501 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
98294SultanWA$560,647$2,8376.07%16.5+0.3%
98375PuyallupWA$550,818$2,7786.05%16.5+0.2%
98327DupontWA$559,469$2,7735.95%16.8+0.4%
98121SeattleWA$555,593$2,6615.75%17.4-5.0%
98201EverettWA$554,360$1,9964.32%23.1-0.7%
98424FifeWA$560,959$1,9274.12%24.3-0.6%
98498LakewoodWA$550,991$1,7743.86%25.9-0.1%
98047PacificWA$553,660$1,6913.66%27.3-0.3%

Top rental yields in all of Washington →

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