High Rental Yield Investment Properties for Sale in Olympia, WA
269- 1 Bed
- 1 Bath
- 672 sft
222- 3 Bed
- 2 Bath
- 1580 sft
603- 4 Bed
- 2 Bath
- 1208 sft
223- 2 Bed
- 2 Bath
- 1152 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.
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