FairRentWize

Olympia-Lacey-Tumwater vs Raleigh-Cary

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Raleigh-Cary is 7% cheaper for renters. A 2-bedroom rents for $1,097/mo vs $1,178/mo in Olympia-Lacey-Tumwater — saving $972/year.

Rent by Unit Size

Unit SizeOlympia-Lacey-TumwaterRaleigh-CaryDifference
Studio$769$760$9
1 Bedroom$945$928$17
2 Bedrooms$1,178$1,097$81
3 Bedrooms$1,376$1,435$59
4 Bedrooms$1,633$1,556$77
Median Income$67,966$70,678$2,712

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
Full Olympia-Lacey-Tumwater profile →

Raleigh-Cary

Studio
$760/mo
1 BR
$928/mo
2 BR
$1,097/mo
3 BR
$1,435/mo
4 BR
$1,556/mo
Median Income
$70,678/yr
Full Raleigh-Cary profile →

Frequently Asked Questions

Is Olympia-Lacey-Tumwater or Raleigh-Cary cheaper to rent in?
Raleigh-Cary is cheaper — a 2-bedroom Fair Market Rent is $1,097/mo vs $1,178/mo in Olympia-Lacey-Tumwater. That's $81/mo or $972/year more expensive in Olympia-Lacey-Tumwater (7% higher).
What is the 2-bedroom rent in Olympia-Lacey-Tumwater vs Raleigh-Cary?
The HUD Fair Market Rent for a 2-bedroom in Olympia-Lacey-Tumwater is $1,178/month. In Raleigh-Cary, a 2-bedroom FMR is $1,097/month.
How do incomes compare between Olympia-Lacey-Tumwater and Raleigh-Cary?
The median household income in Olympia-Lacey-Tumwater is $67,966/year. In Raleigh-Cary it is $70,678/year. Raleigh-Cary has the higher median income.
What is the studio rent in Olympia-Lacey-Tumwater vs Raleigh-Cary?
A studio apartment Fair Market Rent in Olympia-Lacey-Tumwater is $769/mo. In Raleigh-Cary it is $760/mo.