Updated 5+ Days Ago
Highlights
- Prime location
- Peaceful neighborhood
- Panoramic views
- Refined living
- Breathtaking scenic views
- Open, contemporary floor plan
Location
3062 Banks Ln Sw, Olympia, WA 98512, USA
Tour 3062 Banks Ln Sw
Contact
Nomad
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Property management
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Property Overview
Prime location, a peaceful neighborhood, and panoramic scenic views define the setting, while the open, contemporary floor plan adds a refined feel. Strong value per square foot, 24 photos for a helpful preview, nearby top-rated elementary school access, and pet-friendly features—including outdoor spaces, no breed restrictions, a dog park, and nearby pet hospitals—add to its appeal.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- More space
- Images Available
Great for
Pet owners
Amenities for 3062 Banks Ln Sw
Appliances
| Dishwasher | Garbage Disposal |
| Gas Stovetop | Microwave |
| Refrigerator |
Community
| Dogs OK | Parking Garage |
Grounds
| Garage Parking |
Services
| Heating- Heat Pump |
Other
| Cooling - Central |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Limit1
Cat Policy
Not allowed
Questions about this property’s policies and fees?
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About 3062 Banks Ln Sw
Welcome to The Overlook at Somerset Hills, this meticulously maintained residence offers panoramic views and refined living. Featuring 3 bedrooms and 3 bath, this 1,968 soft home showcases an open, contemporary floor plan enhanced by a dramatic wall of windows that flood the interiors with natural light, emphasizing breathtaking scenic views of the State Capitol, Mount Rainier, the Olympic Mountains, and the lake. The expansive rooftop deck provides an exceptional setting for relaxation or entertaining, offering unparalleled views. The flexible layout includes primary suites on two levels, supporting multi-generational living or guest accommodations. Additional highlights encompass soaring windows, bamboo flooring, and bright, open spaces. The modern kitchen is equipped with an eating bar and sleek finishes, promoting both style and functionality. A third bedroom allows for further versatility, ideal for guests or a home office. The exceptional rooftop deck, complete with a prep loft featuring a sink and mini-fridge, elevates outdoor entertaining. Conveniently located near shopping, schools, parks, and major freeways, this property presents a rare combination of striking design, prime location, and outstanding outdoor amenities. Located in a peaceful neighborhood, this house is not just a place to live, but a place to thrive. Don’t miss your chance to make this gem your new home starting September 1, 2026. Schedule a showing beginning August 19, 2026, and see for yourself what makes this property so special! Preferred lease duration is 1 year or more. This property is unfurnished. Security Deposit amount determined by the owner. For each pet, there is a refundable security deposit of $200 and monthly fee of $35. Elevate your living experience with our optional Resident Benefits Package ($45/month). Enjoy peace of mind and extra perks designed to make renting easier and more rewarding: - $100,000 in personal liability protection - $10,000 in personal belongings protection - Credit Booster for on-time payments - build your credit just by paying rent - Accidental damage & lockout reimbursement credits - Plus more exclusive resident perks! Property is syndicated by Nomad as a courtesy to owner. Owner will conduct all correspondence and showings. BEWARE OF SCAMS - Nomad will never ask you to pay any amount prior to applying and all payments are processed through our secure online tenant portal direct to Nomad.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 3062 Banks Ln Sw compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.1 mile away
- More space
- The 3-bedroom is 468 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this address
Address details
| Zip code | 98512 |
|---|---|
| Type | House for rent |
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Rent trends in Olympia
3-bedroom apartments at 3062 Banks Ln Sw cost about 33% more than the average rent price for 3-bedroom apartments in Olympia.
Median rents as of Sep 19 2026.
Olympia
| Month | Median Rent |
|---|---|
| October 2024 | $2,380 |
| November 2024 | $2,299 |
| December 2024 | $2,297 |
| January 2025 | $2,304 |
| February 2025 | $2,300 |
| March 2025 | $2,305 |
| April 2025 | $2,312 |
| May 2025 | $2,307 |
| June 2025 | $2,381 |
| July 2025 | $2,419 |
| August 2025 | $2,477 |
| September 2025 | $2,422 |
| October 2025 | $2,401 |
| November 2025 | $2,397 |
| December 2025 | $2,354 |
| January 2026 | $2,370 |
| February 2026 | $2,414 |
| March 2026 | $2,397 |
| April 2026 | $2,423 |
| May 2026 | $2,463 |
| June 2026 | $2,349 |
| July 2026 | $2,436 |
| August 2026 | $2,463 |
| September 2026 | $2,400 |
Affordability calculator
Can I afford to live at 3062 Banks Ln Sw?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$128,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $128,000 annually to afford this 3-bedrooms monthly rent price of $3,200.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Last month | $3,200 |
Schools near 3062 Banks Ln Sw
Tumwater Hill Elementary School
3120 ridgeview st sw
tumwater, WA, 98512
PK, K-5Public
B
Tumwater Virtual Academy
7299 new market st sw bldge e
tumwater, WA, 98501
K-12Public
Washington Connections Academy
111 tumwater blvd se
tumwater, WA, 98501
K-8Public
B-
Ignite Family Academy
411 6th ave ne
lacey, WA, 98516
K-8Public
Summit VIrtual Academy
305 college st ne
lacey, WA, 98516
K-12Public
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Internet available near 3062 Banks Ln Sw
Neighborhood
Getting around Olympia near 3062 Banks Ln Sw
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 3062 Banks Ln Sw, Olympia
Groceries
4/10
Some groceries within a short drive
Shopping
6/10
Variety of shops within a short drive
Cafes
4/10
Variety of cafés within a short drive
Restaurants
6/10
Variety of restaurants within a short drive
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Nightlife
5/10
Variety of bars within a short drive
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