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Rental Market Trends in Shelton, WA

What is the average rent in Shelton, WA?

$921/month

Average Rent

445 Sq Ft

Average Apartment Size

+0.9%

Increase in the Last Year

As of March 2026, the average rent in Shelton, WA is $921 per month. This is 43% lower than the national average rent of $1,626/month, making renting in Shelton more affordable than most cities in the US. When you rent an apartment in Shelton, you can expect to pay about $705 per month for a studio, $921 for a one-bedroom apartment, and around $1,153 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,019 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$705/month
217 Sq Ft
One Bedroom
$921/month
445 Sq Ft
Two Bedroom
$1,153/month
807 Sq Ft
Three Bedroom
$1,019/month
1,043 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,645/month
884 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Shelton, WA?

In the past year, rent has increased by 0.9%, which averages out to $9 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Shelton, WA
Last Updated March 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Shelton, WA
Percentage*
Rent Range
0% Below $700/month
50% $700 - $1,000/month
50% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Shelton, WA?

Because the average rent in Shelton is $921, you’ll want to make about $3,070 per month or $36,840 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Shelton, WA

16 Available Apartments for Rent

Search for Nearby Apartments

How does Shelton, WA compare to other nearby cities and neighborhoods?

Use the tool below to compare Shelton, WA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Shelton, WA

Apartment Averages

Nearby City Rent Trends

  • Olympia Average Rent

Apartment communities in Shelton we think you'll love

111 W Grizdale Dr

111 W Grizdale Dr

111 W Grizdale Dr,
Shelton, WA 98584

$1,100

1 Bed

1200 E Libby Rd

1200 E Libby Rd

1200 E Libby Rd,
Shelton, WA 98584

$2,650

4 Beds

1100 N 12th St

1100 N 12th St

1100 N 12th St,
Shelton, WA 98584

$915

1 Bed

101 E Heatherwood Ct

101 E Heatherwood Ct

101 E Heatherwood Ct,
Shelton, WA 98584

$2,500

3 Beds

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United States Washington Shelton Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity