98121 rental market

Choose another area

Last updated September 29, 2025

Rental market summary

The average rent for 1 bedroom properties in 98121 is $2,409.

Average rent

$2,409

Month-over-month change

+$34

Year-over-year change

+$9

Available rentals

83

Source: Zillow Rentals data

Rental price range

The price range for 1 bedroom properties is $1,250 to $7,720.

Rent frequencies
Rent priceNumber of rental properties
$1,3001
$1,4001
$1,5003
$1,6002
$1,7002
$1,8001
$1,9004
$2,0004
$2,1008
$2,2009
$2,30010
$2,4006
$2,5005
$2,6005
$2,7005
$2,8004
$2,9003
$3,0001
$3,1003
$3,2005
$3,3006
$3,4002
$3,5003
$3,8001
$3,9003
$4,0002
$4,1001
$4,3001
$4,700+1

Average rent price over time

In the last year, rent has increased by $9 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,206$2,262
Feb$2,200$2,275
Mar$2,240$2,350
Apr$2,295$2,395
May$2,277$2,378
Jun$2,346$2,500
Jul$2,414$2,450
Aug$2,400$2,433
Sep$2,437$2,375
Oct$2,400No data
Nov$2,300No data
Dec$2,245No data

Market temperature

The 98121 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 98121 is 55% higher than the national average.

98121vs.

$2,409

$1,550

Rent in 98121

We created a seamless online experience for you - from shopping on the largest rental network, to applying, to paying rent.

Explore Rentals

Frequently asked questions

1. What is the average rent in 98121?

The average rent in 98121 is $2,450.

2. How much does it cost to rent a house in 98121?

Houses in 98121 rent between $700 - $10,500 with an average rent of $2,450.

3. How has the rent in 98121 changed in the last year?

In the last year, the rent in 98121 decreased by $78

4. How much has the rent in 98121 increased/decreased in the last month?

In the last month, the rent in 98121 increased by $89

5. How many available rentals are there in 98121?

There are currently 128 rentals available in 98121.

6. How do rent prices in 98121 compare with the national average?

The average rent in 98121 is $2,450 — Infinity% higher the national average of $0.