Home values and rents: available snapshot
Only one observation is stored for Olympia, WA. A historical trend cannot be calculated from this snapshot.
- Typical home value (ZHVI)
- $533,918
- Source period: 2026-05-31
- Monthly rent index (ZORI)
- $2,041
- Source period: 2026-05-31
Stored snapshot: 2026-06-29. Source dates describe the underlying observations, not today’s market.
Quick Investment Calculator
Purchase
Monthly Cash Flow
* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.
Score Breakdown
Based on 4.59% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.
Based on 0.0% YoY price growth. Moderate growth (3-8%) scores highest.
Based on 0.0% population growth. Growing areas indicate economic stability.
Based on price relative to estimated local incomes.
Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.
Investment Outlook
Strengths
- +Low unemployment (0.0%)
Challenges
- -Below-average rent-to-price ratio (4.59%)
- -Negative cash flow at typical financing (-$1,472/mo)
- -Negative leverage (cap rate 3.0% < mortgage rate 6.9%)
- -High price-to-income ratio makes financing challenging
Counties in Olympia, WA
Section 8 in Olympia, WA: payment standards by ZIP, PHA waitlist status, and voucher counts are on VoucherMatch, the same HUD dataset with the tenant demand side attached.
Compare to Similar Metros
| Metro Area | Verdict | ||||||
|---|---|---|---|---|---|---|---|
Danville, KY Danville, KY | 62 | $212,690 | $1,298 | 7.32% | Buy | View | |
Jacksonville, TX Jacksonville, TX | 62 | $232,877 | $1,713 | 8.83% | Buy | View | |
Red Bluff, CA Red Bluff, CA | 62 | $323,027 | $1,656 | 6.15% | Buy | View | |
Raymondville, TX Raymondville, TX | 62 | $181,537 | Est. | Buy | View | ||
Nogales, AZ Nogales, AZ | 62 | $279,715 | $1,561 | 6.70% | Buy | View | |
Current Olympia, WA | 42 | $533,918 | $2,041 | 4.59% | Avoid |
Rent vs buy in this metro
The Bottom Line
The Olympia, WA metro area scores 42/100, ranking #823 of 894 US metros (top 92%). The 4.59% rent-to-price ratio may require targeting specific counties or creative strategies for positive cash flow. Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.