Olympia-Lacey-Tumwater vs Springfield
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Springfield is 56% cheaper for renters. A 2-bedroom rents for $756/mo vs $1,178/mo in Olympia-Lacey-Tumwater — saving $5,064/year.
Rent by Unit Size
| Unit Size | Olympia-Lacey-Tumwater | Springfield | Difference |
|---|---|---|---|
| Studio | $769 | $519 | $250 |
| 1 Bedroom | $945 | $612 | $333 |
| 2 Bedrooms | $1,178 | $756 | $422 |
| 3 Bedrooms | $1,376 | $923 | $453 |
| 4 Bedrooms | $1,633 | $1,067 | $566 |
| Median Income | $67,966 | $44,958 | $23,008 |
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
Springfield
- Studio
- $519/mo
- 1 BR
- $612/mo
- 2 BR
- $756/mo
- 3 BR
- $923/mo
- 4 BR
- $1,067/mo
- Median Income
- $44,958/yr
Frequently Asked Questions
Is Olympia-Lacey-Tumwater or Springfield cheaper to rent in?
Springfield is cheaper — a 2-bedroom Fair Market Rent is $756/mo vs $1,178/mo in Olympia-Lacey-Tumwater. That's $422/mo or $5,064/year more expensive in Olympia-Lacey-Tumwater (56% higher).
What is the 2-bedroom rent in Olympia-Lacey-Tumwater vs Springfield?
The HUD Fair Market Rent for a 2-bedroom in Olympia-Lacey-Tumwater is $1,178/month. In Springfield, a 2-bedroom FMR is $756/month.
How do incomes compare between Olympia-Lacey-Tumwater and Springfield?
The median household income in Olympia-Lacey-Tumwater is $67,966/year. In Springfield it is $44,958/year. Olympia-Lacey-Tumwater has the higher median income.
What is the studio rent in Olympia-Lacey-Tumwater vs Springfield?
A studio apartment Fair Market Rent in Olympia-Lacey-Tumwater is $769/mo. In Springfield it is $519/mo.