Rentometer, Inc. | Data as of 10/22/2025
Yelm, Washington offers a vibrant rental market that balances small‑town charm with easy access to the broader Puget Sound region. The city’s mix of apartments and single‑family homes provides options for students, young professionals, and growing families alike. One‑bedroom apartments typically fall in the $1500s, while two‑bedroom units are commonly found in the $1800‑$1900 range, reflecting Yelm’s affordable yet comfortable living standards. Larger apartments and three‑bedroom homes command rent in the $2000+ tier, and spacious four‑plus‑bedroom houses are available in the $2900‑$3000 bracket, offering ample space for families seeking a suburban setting.
Neighborhoods such as Downtown Yelm and the historic Riverside district showcase walkable streets, local boutiques, and a thriving dining scene centered around the Yelm Community Center. For those who enjoy outdoor recreation, the nearby Nisqually River and Oakley Park provide trails, fishing spots, and community events throughout the year. Proximity to Interstate 5 ensures a short commute to larger employment hubs like Tacoma and Olympia, while the city’s close ties to Fort Lewis Army Base bring a steady demand for rental properties.
Beyond housing, Yelm’s Pacific Northwest atmosphere is highlighted by its well‑maintained parks, annual festivals, and easy access to the scenic landscapes of the Olympic Peninsula. Whether renters are looking for a modern apartment near the city core or a family‑friendly house on a quiet cul‑de‑sac, Yelm’s rental market delivers a blend of affordability, convenience, and quality of life that continues to attract a diverse community of residents.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,558 | $1,600 | $1,330 - $1,850 | $1,504 - $1,605 |
| Apartment | 2 Bedroom | $1,881 | $1,880 | $1,625 - $2,275 | $1,799 - $1,925 |
| Apartment | 3 Bedroom | $2,068 | $2,095 | $1,899 - $2,275 | $2,000 - $2,100 |
| House | 3 Bedroom | $2,465 | $2,550 | $1,850 - $3,035 | $2,300 - $2,655 |
| House | 4+ Bedroom | $2,959 | $2,970 | $2,500 - $3,450 | $2,795 - $3,100 |
In the current period, the average rent in Yelm was $1,558 for 1 Bedroom, $1,881 for 2 Bedroom, $2,342 for 3 Bedroom, and $2,896 for 4+ Bedroom.
Data provided by Rentometer, Inc.