Rent to own Homes in Olympia, WA

Great time to rent to own in Olympia! The median number of days on the market is currently 102. Homes in West Olympia and Eastside offer easy commuting and attractive choices in floor plans and neighborhood amenities.

Olympia, WA is a great place for affordable rent-to-own homes! With a median household income of over $63,185 and a median rent of $1,199, the Olympia, WA rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Olympia, WA. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Olympia, WA rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 440
Hot
1 of 2 4043 WONDERWOOD LN SE
Rent To Own
Horizons
Single Family Home
Lacey, WA 98503
3
3
1716 ft2
2001
10430 PATTERSON ST S
Rent To Own
 
Single Family Home
Tacoma, WA 98444
1
1
520 ft2
1943
6124 PIONEER WAY E
Rent To Own
Waller
Single Family Home
Puyallup, WA 98371
3
3
1708 ft2
1966
Hot New
821 KAISER RD NW #4B
Rent to Own Eligible
 
Townhouse/Condo
Olympia, WA 98502
2
2
2044 ft2
1985
3144 41ST WAY SE
Rent to Own Eligible
Chambers Lake Basin
Single Family Home
Olympia, WA 98501
3
3
2987 ft2
1993
Hot New
5022 PALERMO AVE SE
Rent to Own Eligible
Southeast Capitol Boulevard
Single Family Home
Tumwater, WA 98501
2
2
1200 ft2
1951
New
530 ROSEWOOD DR SW
Rent to Own Eligible
 
Single Family Home
Olympia, WA 98502
4
4
3434 ft2
2016
202 18TH AVE SE
Rent to Own Eligible
South Capitol
Single Family Home
Olympia, WA 98501
3
2
1352 ft2
1928
1707 DECATUR ST SW
Rent to Own Eligible
South Westside
Single Family Home
Olympia, WA 98502
4
3
2226 ft2
1973
New
1733 BRAWNE AVE NW #A
Rent to Own Eligible
Northwest Olympia
Townhouse/Condo
Olympia, WA 98502
2
1
840 ft2
1977
1 of 25 4324 RICHMOND LN SE
Rent to Own Eligible
Horizons
Single Family Home
Lacey, WA 98503
3
3
1593 ft2
1998
New
1501 CYRENE DR NW
Rent to Own Eligible
 
Single Family Home
Olympia, WA 98502
3
2
1661 ft2
2016
2318 KEMPTON ST SE
Rent to Own Eligible
Chambers Lake Basin
Single Family Home
Olympia, WA 98501
4
3
2196 ft2
1995
1 of 24 3303 30TH AVE SE
Rent to Own Eligible
Briarwood
Single Family Home
Olympia, WA 98501
4
3
2763 ft2
1991
4412 FIRE WILLOW WAY NW
Rent to Own Eligible
 
Single Family Home
Olympia, WA 98502
3
3
1825 ft2
2007
2616 HILLSIDE DR SE
Rent to Own Eligible
Wildwood
Single Family Home
Olympia, WA 98501
3
3
3914 ft2
1941
New
511 FREDERICK ST NE
Rent to Own Eligible
Upper Eastside
Single Family Home
Olympia, WA 98506
2
2
1192 ft2
1949
New
1304 GLASS AVE NE
Rent to Own Eligible
Bigelow Highlands
Single Family Home
Olympia, WA 98506
2
1
960 ft2
1979
2221 WATER ST SW
Rent to Own Eligible
South Capitol
Single Family Home
Olympia, WA 98501
2
3
1866 ft2
1940
1647 52ND AVE SE
Rent to Own Eligible
Deschutes
Single Family Home
Olympia, WA 98501
4
4
4332 ft2
2007
New
1 of 60 803 MCCORMICK ST SE
Rent to Own Eligible
Eastside
Townhouse/Condo
Olympia, WA 98501
2
1
1369 ft2
1985
New
3928 STEINERBERG ST SE
Rent to Own Eligible
Horizons
Single Family Home
Lacey, WA 98503
4
3
2096 ft2
2010
1026 FAIRVIEW ST SE
Rent to Own Eligible
Eastside
Single Family Home
Olympia, WA 98501
2
2
1400 ft2
2018
1918 BOULEVARD RD SE
Rent to Own Eligible
 
Single Family Home
Olympia, WA 98501
3
2
1503 ft2
1940
New
4429 GOVERNOR LN SE
Rent to Own Eligible
Chambers Lake Basin
Townhouse/Condo
Olympia, WA 98501
2
2
1178 ft2
1993
New
118 19TH AVE SW
Rent to Own Eligible
South Capitol
Single Family Home
Olympia, WA 98501
2
2
1496 ft2
1908
New
3036 WESTSIDE DR NW
Rent to Own Eligible
 
Single Family Home
Olympia, WA 98502
3
3
1861 ft2
2000
303 FERRY ST SW
Rent to Own Eligible
Tumwater Hill
Single Family Home
Tumwater, WA 98512
2
2
1680 ft2
1910
2004 15TH AVE SW
Rent to Own Eligible
South Westside
Single Family Home
Olympia, WA 98502
3
3
2209 ft2
2000
New
2217 KILDANE WAY SE
Rent to Own Eligible
Chambers Lake Basin
Single Family Home
Olympia, WA 98501
4
3
3426 ft2
2010
920 E BAY DR NE #102
Rent to Own Eligible
North East
Townhouse/Condo
Olympia, WA 98506
2
2
3630 ft2
1989
2813 ABERDEEN CT SE
Rent to Own Eligible
Chambers Lake Basin
Single Family Home
Olympia, WA 98501
2
2
1707 ft2
1983
1822 BERRY ST NE
Rent to Own Eligible
North East
Single Family Home
Olympia, WA 98506
2
2
1654 ft2
1940
New
4438 24TH AVE SE
Rent to Own Eligible
Central Lacey
Single Family Home
Lacey, WA 98503
3
3
1486 ft2
1957
1005 ADAMS ST SE
Rent to Own Eligible
Downtown
Townhouse/Condo
Olympia, WA 98501
4
3
2632 ft2
1955
New
2720 27TH AVE SW
Rent to Own Eligible
Tumwater Hill
Single Family Home
Tumwater, WA 98512
3
2
1258 ft2
1991
1 of 32 1911 THORNTON ST NW
Rent to Own Eligible
 
Single Family Home
Olympia, WA 98502
3
3
1635 ft2
1978
1 of 39 2436 43RD AVE SE
Rent to Own Eligible
Chambers Lake Basin
Single Family Home
Olympia, WA 98501
4
3
2172 ft2
2000
New
2626 DUNDEE PL NW
Rent to Own Eligible
 
Single Family Home
Olympia, WA 98502
3
2
1004 ft2
1971
New
1228 11TH CT SW
Rent to Own Eligible
South Westside
Single Family Home
Olympia, WA 98502
3
3
2462 ft2
1976
New
4403 GOVERNOR LN SE
Rent to Own Eligible
Chambers Lake Basin
Townhouse/Condo
Olympia, WA 98501
3
3
1359 ft2
1993
New
4107 LLOYD ST SE
Rent to Own Eligible
Deschutes
Townhouse/Condo
Tumwater, WA 98501
4
2
2205 ft2
1978
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Buying a Home in Olympia, WA

Olympia, WA is seeing rapid growth and Olympia, WA's' housing market remains not optimal with an average home price that is 52% above the 2024 national average. Olympia, WA is part of Thurston county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Thurston is 0.96% which is below the national average, which is 0.99%.

Median Home Price in Olympia, WA

Median Rent in Olympia, WA

Rent to own homes offer low monthly payments and flexible terms.

10 Reasons to Live in Olympia, Washington

Pick your favorite neighborhood! Although the number of houses for sale was increasing in 2013, sales are expected to fall in the second quarter of 2014. It's best to look rent to own homes in areas like Johnson Pointe and Bigelow Highlands before the market squeezes you out.

Great vacancy rate! 6.99% gives you plenty of time to shop around before making a final decision. Make your decision over a cup of coffee at Batdorf & Bronson Coffee Roasters or Caffe Vita.

Affordable areas for rent to own houses! Homes for sale in Olympia are on average 11% lower than in Tacoma, and 21% lower than Seattle, making Olympia a great place to live!

Practice your swing on the green! Seven regional golf courses give you a daily choice of venue in which to golf at any time of the week. Venues include the Airport Golf Center, Capitol City Golf Club and Delphi Golf Course.

Head to the theater! There are lots! Take in a play at the Capitol Playhouse, or a classical music performance at the Olympia Symphony Orchestra. And don't miss the acclaimed Washington Center for the Performing Arts and the newly renovated State Theater.

Learn about technology! The Water Education and Technology (WET) Center is a great destination for learning about today's amazing technology breakthroughs. After a day of hands-on fun, nosh on some mac n' cheese at Ramblin Jack's.

Head to the slopes! Washington living isn't complete without a trip to at least one of its famous ski resorts. Whether your love is skiing and snowboarding in the winter, or mountain biking and hiking in the summer, Washington doesn't disappoint. White Pass is famous for its Alpine skiing, while Mount Tahoma draws in the avid fans.

Find your park! Enjoy the beach and the trails at Olympia's Point Priest Park or at the 105-acre Tolmie State Park near Gig Harbor for a little wildlife watching, hiking or cycling. Not to mention, Mount Rainier National Park, which is nearby.

Sample the local wines! A visit to the Olympia Wine Tasting Bar is a relaxing way to learn about local wines. The Dockside Bistro and Wine Bar is a great stop during lunch.