Apartments & Condos for Rent in Elma, WA

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What to Know About

Life in Elma & Beyond

Elma shares many of the great qualities that make Washington a desirable place to live.

Washington is home to the famous Cascade Mountains and the Olympic Mountains mountain range. From its breathtaking landscapes to its thriving economy, there's something for everyone in this vibrant state. First, explore its rich history and culture by visiting museums such as the Museum of Pop Culture and the Burke Museum of Natural History & Culture. Then, take your education to the next level at prestigious universities like the University of Washington and Washington State. Washington's economy is diverse and robust, driven by key industries such as technology, agriculture, and manufacturing.

There's no shortage of ample opportunities for adventure and excitement. From exploring the stunning trails of Mount Rainier National Park to fishing in the picturesque Puget Sound, nature enthusiasts will be in their element. And sports fans will enjoy cheering for Seattle Seahawks (NFL), Seattle Kraken (NFL), and Seattle Mariners (MLB) and supporting their favorite college teams. Discover famous attractions like the Space Needle, the Pike Place Market, and the historic city of Seattle.

A hub of innovation and creativity, Washington is a great state offering endless opportunities, which makes it a great place to live.

Rental Market Trends

Elma, WA

As of March 2025, Elma's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Elma's average rent is 20.7% ($362) lower than the Washington average of $1,752 and 22.3% ($398) lower than the U.S. average of $1,788.

Average Rent
$1,390
Monthly ChangeMonth Over Month Change
Increased1.4% ($19)
Yearly ChangeYear Over Year Change
Increased4.4% ($59)
Avg. Days on MarketAverage Days on Market
39
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,141 Decreased0.6% ($7) Decreased5.4% ($65)
2 Beds $1,391 Increased1.5% ($20) Decreased3.4% ($49)
3 Beds $1,803 Increased4.1% ($71) Decreased0.9% ($16)
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Elma Rental Market FAQs

Explore rental prices, market trends, and availability in Elma, WA.

The average rent in Elma, WA is $1,390 per month.
Apartments in Elma typically rent for between $799 and $2,344 per month, with an average of $1,390 per month.
In Elma, the average rent for a 1-bedroom apartment is $1,141 per month, for a 2-bedroom apartment, $1,391 per month, and a 3-bedroom apartment is $1,803 per month.
The average rent in Elma is 22.3% ($398) lower than the national average of $1,788 per month.
The average rent in Elma has increased by 1.4% ($19) in the last month and increased by 4.4% ($59) over the past year.
The rental market in Elma, WA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Elma, WA, the average rental stays on the market for approximately 39 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 5 rental properties available in Elma, WA.
Based on the current averages, a household would need an annual income of $55,640 to comfortably afford a 2-bedroom apartment in Elma.
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