Albany vs Olympia-Lacey-Tumwater
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albany is 104% cheaper for renters. A 2-bedroom rents for $577/mo vs $1,178/mo in Olympia-Lacey-Tumwater — saving $7,212/year.
Rent by Unit Size
| Unit Size | Albany | Olympia-Lacey-Tumwater | Difference |
|---|---|---|---|
| Studio | $407 | $769 | $362 |
| 1 Bedroom | $488 | $945 | $457 |
| 2 Bedrooms | $577 | $1,178 | $601 |
| 3 Bedrooms | $748 | $1,376 | $628 |
| 4 Bedrooms | $841 | $1,633 | $792 |
| Median Income | $39,279 | $67,966 | $28,687 |
Albany
- Studio
- $407/mo
- 1 BR
- $488/mo
- 2 BR
- $577/mo
- 3 BR
- $748/mo
- 4 BR
- $841/mo
- Median Income
- $39,279/yr
Olympia-Lacey-Tumwater
- Studio
- $769/mo
- 1 BR
- $945/mo
- 2 BR
- $1,178/mo
- 3 BR
- $1,376/mo
- 4 BR
- $1,633/mo
- Median Income
- $67,966/yr
Frequently Asked Questions
Is Albany or Olympia-Lacey-Tumwater cheaper to rent in?
Albany is cheaper — a 2-bedroom Fair Market Rent is $577/mo vs $1,178/mo in Olympia-Lacey-Tumwater. That's $601/mo or $7,212/year more expensive in Olympia-Lacey-Tumwater (104% higher).
What is the 2-bedroom rent in Albany vs Olympia-Lacey-Tumwater?
The HUD Fair Market Rent for a 2-bedroom in Albany is $577/month. In Olympia-Lacey-Tumwater, a 2-bedroom FMR is $1,178/month.
How do incomes compare between Albany and Olympia-Lacey-Tumwater?
The median household income in Albany is $39,279/year. In Olympia-Lacey-Tumwater it is $67,966/year. Olympia-Lacey-Tumwater has the higher median income.
What is the studio rent in Albany vs Olympia-Lacey-Tumwater?
A studio apartment Fair Market Rent in Albany is $407/mo. In Olympia-Lacey-Tumwater it is $769/mo.