98040 rental market
What is the average rent in 98040?
Rental market summary
The average rent for all bedrooms and all property types in 98040 is $4,950.
Average rent
$4,950
Month-over-month change
+$1,688
Year-over-year change
+$500
Available rentals
62
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,100 to $15,000.
| Rent price | Number of rental properties |
|---|---|
| $1,000 | 1 |
| $1,100 | 1 |
| $1,900 | 1 |
| $2,000 | 1 |
| $2,100 | 1 |
| $2,200 | 2 |
| $2,300 | 4 |
| $2,400 | 2 |
| $2,500 | 2 |
| $2,600 | 2 |
| $2,700 | 2 |
| $2,800 | 1 |
| $2,900 | 3 |
| $3,000 | 1 |
| $3,200 | 2 |
| $3,500 | 1 |
| $3,600 | 2 |
| $3,700 | 1 |
| $3,800 | 1 |
| $3,900 | 1 |
| $4,200 | 1 |
| $4,300 | 1 |
| $4,400 | 1 |
| $4,500 | 2 |
| $4,700 | 2 |
| $4,800 | 2 |
| $4,900 | 3 |
| $5,000+ | 28 |
Average rent price over time
In the last year, rent has increased by $500 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $3,500 | $3,650 |
| Feb | $2,795 | $3,100 |
| Mar | $2,800 | $3,143 |
| Apr | $3,000 | $2,995 |
| May | $3,295 | $2,950 |
| Jun | $2,985 | $3,200 |
| Jul | $3,995 | $3,195 |
| Aug | $3,600 | $3,250 |
| Sep | $4,250 | $3,265 |
| Oct | $4,450 | $4,950 |
| Nov | $3,650 | No data |
| Dec | $4,850 | No data |
Market temperature
The 98040 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.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in 98040 is 148% higher than the national average.
$4,950
$2,000
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Frequently asked questions
1. What is the average rent in 98040?
2. What is the average rent for a studio apartment in 98040?
3. What is the average rent for a one-bedroom apartment in 98040?
4. What is the average rent for a two-bedroom apartment in 98040?
5. What is the average rent for a three-bedroom apartment in 98040?
6. What is the average rent for a four-bedroom apartment in 98040?
7. How much does it cost to rent a house in 98040?
8. How has the rent in 98040 changed in the last year?
9. How much has the rent in 98040 increased/decreased in the last month?
10. How many available rentals are there in 98040?
11. How do rent prices in 98040 compare with the national average?
