High Rental Yield Investment Properties for Sale in Olympia, WA
389- 3 Bed
- 1 Bath
- 1092 sft
197- 2 Bed
- 1 Bath
- 720 sft
811- 3 Bed
- 1 Bath
- 1008 sft
363- 3 Bed
- 2 Bath
- 1404 sft
Why Invest in Olympia, Washington?
Olympia, WA stands out for high rental yield investments, offering strong returns for savvy investors targeting rental properties. With vacancy rates below 3% and steady rent growth of 0.6% annually, properties here deliver reliable cash flow[1][4][9]. The diverse tenant base from state government, Evergreen State College, and Providence St. Peter Hospital ensures high occupancy[4]. Average rents around $1,500/month support cap rates of 6-8% with modest appreciation[1][4]. Investors benefit from Olympia's stable economy and growing demand for rentals.
Frequently Asked Questions
As of January 2026, average rent in Olympia is $1,505 per month, 8% below the national average of $1,624. Studios average $1,293, one-bedrooms $1,500, and two-bedrooms $1,819. Rents have increased 0.6% over the past year.
Find Your Perfect Investment Property in Olympia, Washington
Explore investment opportunities by strategy, performance, or property type
