98023 rental market

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Last updated August 20, 2025

Rental market summary

The average rent for all bedrooms and all property types in 98023 is $4,598.

Average rent

$4,598

Month-over-month change

+$2,628

Year-over-year change

+$3,000

Available rentals

6

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $3,400 to $5,300.

Rent frequencies
Rent priceNumber of rental properties
$3,3001
$3,4001
$3,5001
$3,6001
$3,8001
$3,9001
$4,0001
$4,4001
$4,5001
$5,000+1

Average rent price over time

In the last year, rent has increased by $3,000 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Feb$3,295$3,350
Apr$3,199$3,741
May$3,890$3,591
Jul$3,400$2,317
Aug$3,595$2,242
Sep$3,195$3,548
Oct$6,850$1,240
Nov$3,500$3,904
Dec$3,300No data

Market temperature

The 98023 rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 98023 is 24% lower than the national average.

98023vs.

$4,598

$6,074

Rent in 98023

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Frequently asked questions

1. What is the average rent in 98023?

The average rent in 98023 is $2,729.

2. How much does it cost to rent a house in 98023?

Houses in 98023 rent between $1,317 - $5,895 with an average rent of $2,729.

3. How has the rent in 98023 changed in the last year?

In the last year, the rent in 98023 increased by $460

4. How much has the rent in 98023 increased/decreased in the last month?

In the last month, the rent in 98023 decreased by $52

5. How many available rentals are there in 98023?

There are currently 74 rentals available in 98023.

6. How do rent prices in 98023 compare with the national average?

The average rent in 98023 is $2,729 — Infinity% higher the national average of $0.