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Yelm, WA Homes for Rent

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  • /35

    Starting at $1,650

    Total Monthly Price

    • 1 - 3 Beds

    15025 Tahoma Blvd SE, Yelm, WA 98597

    Wyndstone's cozy, residential location in Yelm offers both a sense of seclusion and community connectivity, with various everyday conveniences just a short distance away. From dining and shopping to beautiful woodland parks, and extensive nature preserves, you'll have access to everything you need to enjoy an active and fulfilling lifestyle.

    Wyndstone Apartments

    (253) 465-2746

    15025 Tahoma Blvd SE, Yelm, WA 98597
  • /36

    Starting at $1,590 Per Month

    • 1 - 3 Beds

    10520 Creek St SE, Yelm, WA 98597

    The quest for the perfect home stops at Tustin Apartment Homes. Brimming with attractive amenities, cozy interiors, and dazzling leisure areas, our apartments in Yelm, WA, will make you feel like you belong. An exciting new chapter begins as soon as you take your pick from our one-, two-, or three-bedroom apartments. Life's essential amenities and extra comforts are given from the get-go,

    Tustin Apartment Homes

    (253) 215-8739

    10520 Creek St SE, Yelm, WA 98597
  • /32

    Starting at $1,558 Per Month

    • 1 - 3 Beds

    15037 Tahoma Blvd SE, Yelm, WA 98597

    Welcome to your new home! Ridgeline Apartments is a brand new construction apartment complex located in the heart of Yelm! Close to schools, restaurants, and shopping centers. All apartment homes come with washer and dryer, and stainless steel fridge, dishwasher, microwave, and stove. Stay cool during the summer with an AC unit located in each unit. Apartment homes feature 9ft ceilings, LVP

    Ridgeline Apartments

    (833) 365-4041

    15037 Tahoma Blvd SE, Yelm, WA 98597
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    Starting at $1,700 Per Month

    • 1 - 2 Beds

    14730 Tahoma Blvd SE, Yelm, WA 98597

    **BRAND NEW BUILD** More apartments coming online in the coming months- Add your name to our interest list TODAY!Enjoy a calm and comfortable lifestyle with on-trend finishes and stainless-steel appliances throughout our 1-, 2- and 3-bedroom apartments. Tahoma Terrace is located in the heart of Yelm, WA. Close to shopping and schools. Take advantage of the Washington outdoors

    Tahoma Terrace Apartments

    (360) 464-1468

    14730 Tahoma Blvd SE, Yelm, WA 98597

Why Live in Yelm

Yelm, WA, located about 20 miles southeast of Olympia, is a small but growing city known as the "Gateway to Mount Rainier." This city offers a mix of rural charm and modern conveniences, making it popular among homebuyers, especially those working at nearby Joint Base Lewis-McChord. Yelm's housing market includes a variety of options from midcentury ranch-style homes to modern two-story contemporary builds, as well as condos, townhouses, and rural lots for custom builds. Outdoor enthusiasts will find plenty of things to do with endless hiking, mountain biking, and horseback riding trails, including the Yelm-Tenino Trail and the Chehalis Western Trail. Cochrane Memorial Park provides walking trails, a pond, and picnic areas, while Mount Rainier National Park is close enough for day trips. Yelm Avenue serves as the main retail district, featuring a mix of local businesses and national chains, including the Yelm Food Co-Op, Walmart, and Safeway. The city also boasts a growing selection of restaurants offering diverse cuisines. Yelm High School sports events draw large crowds, and the annual Prairie Days event brings regional visitors for a parade, food vendors, and a small carnival. State highways 507 and 510 connect Yelm to the greater Olympia region, with most residents relying on cars for transportation. The city's crime rates are generally in line with state averages, and the climate is cool with cloudy conditions prevalent throughout much of the year.

Frequently Asked Questions

How much does it cost to rent a home in Yelm, WA?
The median rent for a home in Yelm, WA is $2,717 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 are currently more expensive.
How much do you need to make to afford rent in Yelm, WA?
To comfortably afford the median rent in Yelm, WA, a household needs to earn roughly $108,680 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 $2,717 per month in Yelm, WA, renters typically need to show $8,151 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 Yelm, WA?
In Yelm, WA, the price-to-rent ratio is 15.6, 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 Yelm, WA are best for renting a home?
The best neighborhood for renting in Yelm, WA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include The Lakes, Horizons, Hawks Prairie, Downtown Olympia and Central Lacey, each with its own character and price range.

Rental Trends in Yelm, WA

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$2,717
Median Single Family Home Rent
$2,785
Median Condo Rent
$2,150
How to Rent a Home