Olympia-Lacey-Tumwater vs Salem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Salem is 4% cheaper for renters. A 2-bedroom rents for $1,137/mo vs $1,178/mo in Olympia-Lacey-Tumwater — saving $492/year.
Rent by Unit Size
| Unit Size | Olympia-Lacey-Tumwater | Salem | Difference |
|---|---|---|---|
| Studio | $769 | $741 | $28 |
| 1 Bedroom | $945 | $913 | $32 |
| 2 Bedrooms | $1,178 | $1,137 | $41 |
| 3 Bedrooms | $1,376 | $1,411 | $35 |
| 4 Bedrooms | $1,633 | $1,615 | $18 |
| Median Income | $67,966 | $53,953 | $14,013 |
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
Salem
- Studio
- $741/mo
- 1 BR
- $913/mo
- 2 BR
- $1,137/mo
- 3 BR
- $1,411/mo
- 4 BR
- $1,615/mo
- Median Income
- $53,953/yr
Frequently Asked Questions
Is Olympia-Lacey-Tumwater or Salem cheaper to rent in?
Salem is cheaper — a 2-bedroom Fair Market Rent is $1,137/mo vs $1,178/mo in Olympia-Lacey-Tumwater. That's $41/mo or $492/year more expensive in Olympia-Lacey-Tumwater (4% higher).
What is the 2-bedroom rent in Olympia-Lacey-Tumwater vs Salem?
The HUD Fair Market Rent for a 2-bedroom in Olympia-Lacey-Tumwater is $1,178/month. In Salem, a 2-bedroom FMR is $1,137/month.
How do incomes compare between Olympia-Lacey-Tumwater and Salem?
The median household income in Olympia-Lacey-Tumwater is $67,966/year. In Salem it is $53,953/year. Olympia-Lacey-Tumwater has the higher median income.
What is the studio rent in Olympia-Lacey-Tumwater vs Salem?
A studio apartment Fair Market Rent in Olympia-Lacey-Tumwater is $769/mo. In Salem it is $741/mo.