RentYield Atlas

ZIP 98502 — Olympia, WA: rental yield & market data

Gross rental yield of 4.15% — ranked #101 of 229 Washington ZIP codes. June 2026 data.

Gross rental yield
4.15%
Home value
$581,435
Market rent / mo
$2,011
Price-to-rent
24.1

Trend

Metric1-year change5-year change
Home value-0.0% +14.0%
Market rent+4.5% +32.6%

Metro: Olympia-Lacey-Tumwater, WA · County: Thurston County · Annual rent: $24,132

Comparable ZIP codes in Washington

Similar home values, sorted by yield — the cheapest way to see if 98502 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
98101SeattleWA$581,553$2,6025.37%18.6-2.9%
98374PuyallupWA$587,599$2,4875.08%19.7-0.3%
98516LaceyWA$583,765$2,1964.51%22.2-0.3%
98354MiltonWA$576,356$2,1284.43%22.6-0.6%
98465TacomaWA$587,922$2,0394.16%24.0-0.0%
98168BurienWA$587,314$1,9604.00%25.0-0.8%
98273Mount VernonWA$574,722$1,8193.80%26.3+1.5%
99019Liberty LakeWA$576,370$1,7723.69%27.1+0.8%

Top rental yields in all of Washington →

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