98040 rental market
Last updated August 10, 2025
Rental market summary
The average rent for all bedrooms and all property types in 98040 is $3,995.
$3,995
$0
+$95
59
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,750 to $8,299.
| Rent price | Number of rental properties |
|---|---|
| $1,700 | 2 |
| $1,800 | 1 |
| $1,900 | 1 |
| $2,000 | 1 |
| $2,100 | 1 |
| $2,200 | 1 |
| $2,400 | 2 |
| $2,500 | 1 |
| $2,600 | 3 |
| $2,700 | 5 |
| $2,800 | 3 |
| $2,900 | 1 |
| $3,000 | 5 |
| $3,100 | 1 |
| $3,200 | 3 |
| $3,300 | 2 |
| $3,400 | 1 |
| $3,500 | 1 |
| $3,600 | 1 |
| $3,800 | 1 |
| $3,900 | 1 |
| $4,100 | 1 |
| $4,200 | 2 |
| $4,300 | 1 |
| $4,400 | 2 |
| $4,500 | 1 |
| $4,600 | 1 |
| $4,700 | 1 |
| $4,800 | 1 |
| $4,900 | 3 |
| $5,000+ | 20 |
Average rent price over time
In the last year, rent has increased by $95 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $3,500 | $3,500 |
| Feb | $3,250 | $2,795 |
| Mar | $2,711 | $2,800 |
| Apr | $2,755 | $3,000 |
| May | $2,695 | $3,295 |
| Jun | $3,200 | $2,985 |
| Jul | $3,300 | $3,995 |
| Aug | $3,900 | $3,600 |
| Sep | $3,700 | No data |
| Oct | $3,995 | No data |
| Nov | $3,995 | No data |
| Dec | $4,000 | 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 90% higher than the national average.
$3,995
$2,100
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Frequently asked questions
1. What is the average rent in 98040?
The average rent in 98040 is $3,995.
2. How much does it cost to rent a house in 98040?
Houses in 98040 rent between $1,750 - $8,299 with an average rent of $3,995.
3. How has the rent in 98040 changed in the last year?
In the last year, the rent in 98040 increased by $95
4. How much has the rent in 98040 increased/decreased in the last month?
In the last month, the rent in 98040 did not change.
5. How many available rentals are there in 98040?
There are currently 59 rentals available in 98040.
6. How do rent prices in 98040 compare with the national average?
The average rent in 98040 is $3,995 — 90.24% higher the national average of $2,100.