Olympia-Lacey-Tumwater, WA MSA
FY 2026 HUD Fair Market Rents for the Olympia-Lacey-Tumwater, WA MSA metro area. Population: 294,272.
Fair Market Rents (2026)
Studio
National avg: $893
$1,538/mo
↑ 10.4% YoY
+72% vs US
1 Bedroom
National avg: $959
$1,682/mo
↑ 6.1% YoY
+75% vs US
2 Bedroom
National avg: $1,175
$1,960/mo
↑ 6.3% YoY
+67% vs US
3 Bedroom
National avg: $1,525
$2,613/mo
↑ 3.4% YoY
+71% vs US
4 Bedroom
National avg: $1,756
$3,288/mo
↑ 6.2% YoY
+87% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $1,393 | $1,538 | +$145 (+10.4%) |
| 1 Bedroom | $1,585 | $1,682 | +$97 (+6.1%) |
| 2 Bedroom | $1,843 | $1,960 | +$117 (+6.3%) |
| 3 Bedroom | $2,526 | $2,613 | +$87 (+3.4%) |
| 4 Bedroom | $3,095 | $3,288 | +$193 (+6.2%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$67,280
$5,607/month gross
Required annual income for 2 BR
$78,400
$6,533/month gross
Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.