Olympia-Lacey-Tumwater Fair Market Rent 2026
HUD Fair Market Rent data for the Olympia-Lacey-Tumwater metropolitan area. Median household income: $67,966/year. Vacancy rate: 3.5%.
2BR FMR
$1,178/mo
Median Income
$67,966
Vacancy Rate
3.5%
Rent Burden
20.8%
Fair Market Rent by Bedroom Size
Affordability Analysis
Based on the 30% rule, a household earning the median income of $67,966/year can afford up to $1,699/mo in rent.
The 2BR FMR of $1,178/mo represents 20.8% of median income, which is within the 30% affordability threshold.
Rental Market Conditions
The vacancy rate of 3.5% in Olympia-Lacey-Tumwater indicates a tight rental market. Low vacancy means more competition for available units and potential upward pressure on rents.
Frequently Asked Questions
What is the average rent in Olympia-Lacey-Tumwater?
The 2026 HUD FMR for a 2-bedroom in the Olympia-Lacey-Tumwater metro area is $1,178/month. 1BR: $945, 3BR: $1,376.
What is the vacancy rate in Olympia-Lacey-Tumwater?
The rental vacancy rate in Olympia-Lacey-Tumwater is 3.5%. A rate below 5% typically indicates a tight rental market.
Is Olympia-Lacey-Tumwater affordable for renters?
With a median income of $67,966 and 2BR rent at $1,178/mo, rent takes about 21% of income in Olympia-Lacey-Tumwater.
Compare with Other Metro Areas
San Jose-Sunnyvale-Santa Clara
2BR: $2,412/mo
New York-Newark-Jersey City
2BR: $2,293/mo
San Francisco-Oakland-Berkeley
2BR: $2,200/mo
Honolulu
2BR: $1,937/mo
Los Angeles-Long Beach-Anaheim
2BR: $1,888/mo
San Diego-Chula Vista-Carlsbad
2BR: $1,856/mo
Oxnard-Thousand Oaks-Ventura
2BR: $1,761/mo
Santa Cruz-Watsonville
2BR: $1,760/mo
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