Data Table
Explanation
The average rent for an apartment in Thurston County in 2022 was $1,484 - 2022 is the first year since 2018 that rent has increased when adjusted for inflation. The average rent for a one-bedroom apartment in 2022 was $1,310 while a two-bedroom apartment was $1,585.
After converging in 2018, the vacancy rate for apartments in Pierce, Thurston, and King diverged once more. Of the three counties, Thurston County had the lowest apartment vacancy rate in 2021 (2.5%). This indicates a limited supply of housing continues to exist.
NOTE: Because of a change of methodology, 2018-2022 data is not directly comparable to data from previous years. For more information, read the "Data and Methods" section on the original report.
Source
University of Washington: Runstad Center for Real Estate Studies