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Rental Market Trends in Yelm, WA

Updated September 2026

The average rent in Yelm, WA is $1,681/month.

Rent in Yelm is roughly equal to the national average rent of of $1,665/month.

$1,681/month

Average Rent

712 Sq Ft

Average Size

-0.3%

Change / Year

66

Available Apartments

Yelm rent varies by unit size and layout:

  • Studio apartments in Yelm average per month.
  • One-bedroom apartments in Yelm average $1,681 per month.
  • Two-bedroom apartments in Yelm average $1,903 per month.
  • Three-bedroom apartments in Yelm average $2,235 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,681/month
712 Sq Ft
Two Bedroom
$1,903/month
1,007 Sq Ft
Three Bedroom
$2,235/month
1,242 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$2,664/month
1,718 Sq Ft
Four Bedroom
$2,931/month
2,558 Sq Ft
View Yelm Apartments

How much has average rent changed in Yelm, WA?

In the past year, rent has decreased by 0.3%, which averages out to $5 less per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Yelm, WA

September 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Yelm, WA
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
90% $1,501 - $2,000/month
10% Above $2,000/month

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

Because the average rent in Yelm is $1,681, you’ll want to make about $5,603 per month or $67,236 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

Yelm, WA

66 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Yelm, 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.

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Lacey

    Lacey

    Avg Rent: $1,655/month

  • DuPont

    DuPont

    Avg Rent: $2,027/month

  • Spanaway

    Spanaway

    Avg Rent: $1,204/month

  • Tumwater

    Tumwater

    Avg Rent: $1,624/month

  • Olympia

    Olympia

    Avg Rent: $1,539/month

Apartment Communities in Yelm We Think You'll Love

Wyndstone Apartments

Wyndstone Apartments

15025 Tahoma Blvd SE,
Yelm, WA 98597

1-3 Beds | $1,595 - $2,275

Tustin Apartment Homes

Tustin Apartment Homes

10520 Creek St SE,
Yelm, WA 98597

1-3 Beds | $1,650 - $2,050

Ridgeline Apartments

Ridgeline Apartments

15037 Tahoma Blvd SE,
Yelm, WA 98597

1-3 Beds | $1,700 - $2,095

Tahoma Terrace Apartments

Tahoma Terrace Apartments

14730 Tahoma Blvd SE,
Yelm, WA 98597

1-3 Beds | $1,775 - $2,275

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Frequently Asked Questions

What is the average rent in Yelm?

The average rent in Yelm is $1,681 per month, which is 1.0% higher than the national average of $1,665.

What is the average rent for a house in Yelm?

The average rent for a house in Yelm, WA is $2,664 per month.

Are rents going up or down in Yelm?

Rents in Yelm, WA are decreasing, with prices down 0.3% year-over-year and $5 less per month.

What rent range is most common in Yelm?

In Yelm, WA, 90% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

United States Washington Yelm 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 September 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity