Is Olympia, WA a good place to invest in rental property?

Olympia, WA has a median modeled monthly cash flow of $-1,803 and a median cap rate of 2.5%, on a median sold price of $565,000. Prices changed +1.0% year over year.

What is the average cap rate in Olympia, WA?

The median cap rate across recently sold homes in Olympia, WA is 2.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Olympia, WA?

The median sold price in Olympia, WA is $565,000 (about $304 per square foot).

Investing in Olympia, WA Real Estate

A data-driven snapshot of the Olympia, WA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$565,000Median sold price

$304Median $/sqft

2.5%Median cap rate

$-1,803Modeled cash flow / mo

+1.0%Appreciation YoY

9.6Months of supply

1,477Active listings

1,842Sold (last 12 mo)

What the Olympia numbers say

In Olympia, WA, the median home sold for $565,000 (about $304 per square foot), and the typical deal models out to a 2.5% cap rate with a median $-1,803 of monthly cash flow. Sold prices moved +1.0% over the past year. Inventory sits at about 9.6 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Washington markets to compare

See Olympia cash-flowing listings

CashFlowRE ranks every for-sale home in Olympia, WA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Olympia deals, or browse the national market data.