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

Olympia, WA has a median modeled monthly cash flow of $-1,903 and a median cap rate of 2.4%, on a median sold price of $557,500. Prices changed +0.7% year over year.

What is the average cap rate in Olympia, WA?

The median cap rate across recently sold homes in Olympia, WA is 2.4%, 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 $557,500 (about $303 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.

$557,500Median sold price

$303Median $/sqft

2.4%Median cap rate

$-1,903Modeled cash flow / mo

+0.7%Appreciation YoY

7.9Months of supply

1,237Active listings

1,889Sold (last 12 mo)

What the Olympia numbers say

In Olympia, WA, the median home sold for $557,500 (about $303 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-1,903 of monthly cash flow. Sold prices moved +0.7% over the past year. Inventory sits at about 7.9 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.