Starting at $2,395 Per Month
- 2 Beds
350 North St SE, Tumwater, WA 98501
Brand New Luxury Apartments with Air Conditioning!
350 North Apartments
(360) 995-1601
Frequently Asked Questions
How much does it cost to rent a home in Tumwater, WA?
The median rent for a home in Tumwater, WA is $2,250 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Tumwater, WA?
To comfortably afford the median rent in Tumwater, WA, a household needs to earn roughly $90,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,250 per month in Tumwater, WA, renters typically need to show $6,750 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Tumwater, WA?
In Tumwater, WA, the price-to-rent ratio is 20.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Tumwater, WA are best for renting a home?
The best neighborhood for renting in Tumwater, WA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Downtown Olympia, Horizons, The Lakes, Hawks Prairie and Tumwater Hill, each with its own character and price range.
