98047 rental market

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Last updated August 11, 2025

Rental market summary

The average rent for 2 bedroom properties in 98047 is $1,840.

Average rent

$1,840

Month-over-month change

$0

Year-over-year change

+$245

Available rentals

13

Source: Zillow Rentals data

Rental price range

The price range for 2 bedroom properties is $1,750 to $5,107.

Rent frequencies
Rent priceNumber of rental properties
$1,7005
$1,8002
$1,9002
$2,0002
$2,100+3

Average rent price over time

In the last year, rent has increased by $245 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,765$1,595
Feb$1,775$1,495
Mar$1,775$1,790
Apr$1,725$1,952
May$1,725$1,698
Jun$1,596$1,825
Jul$1,650$1,775
Aug$1,636$1,788
Sep$1,575No data
Oct$1,785No data
Nov$1,750No data
Dec$1,790No data

Market temperature

The 98047 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 98047 is 3% lower than the national average.

98047vs.

$1,840

$1,895

Rent in 98047

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Frequently asked questions

1. What is the average rent in 98047?

The average rent in 98047 is $1,799.

2. How much does it cost to rent a house in 98047?

Houses in 98047 rent between $1,409 - $4,544 with an average rent of $1,799.

3. How has the rent in 98047 changed in the last year?

In the last year, the rent in 98047 increased by $204

4. How much has the rent in 98047 increased/decreased in the last month?

In the last month, the rent in 98047 decreased by $41

5. How many available rentals are there in 98047?

There are currently 13 rentals available in 98047.

6. How do rent prices in 98047 compare with the national average?

The average rent in 98047 is $1,799 — Infinity% higher the national average of $0.