98204 rental market

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Last updated August 21, 2025

Rental market summary

The average rent for 2 bedroom properties in 98204 is $1,871.

Average rent

$1,871

Month-over-month change

+$21

Year-over-year change

-$20

Available rentals

55

Source: Zillow Rentals data

Rental price range

The price range for 2 bedroom properties is $1,295 to $3,163.

Rent frequencies
Rent priceNumber of rental properties
$1,3002
$1,4001
$1,5003
$1,60010
$1,7007
$1,80015
$1,9006
$2,0006
$2,1005
$2,2004
$2,4002
$2,5002
$2,600+1

Average rent price over time

In the last year, rent has decreased by $20 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,825$1,835
Feb$1,824$1,840
Mar$1,786$1,827
Apr$1,795$1,844
May$1,818$1,831
Jun$1,913$1,914
Jul$1,800$1,888
Aug$1,911$1,839
Sep$1,899No data
Oct$1,879No data
Nov$1,840No data
Dec$1,840No data

Market temperature

The 98204 rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 98204 is 1% lower than the national average.

98204vs.

$1,871

$1,895

Rent in 98204

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Frequently asked questions

1. What is the average rent in 98204?

The average rent in 98204 is $1,899.

2. How much does it cost to rent a house in 98204?

Houses in 98204 rent between $700 - $3,995 with an average rent of $1,899.

3. How has the rent in 98204 changed in the last year?

In the last year, the rent in 98204 increased by $4

4. How much has the rent in 98204 increased/decreased in the last month?

In the last month, the rent in 98204 decreased by $7

5. How many available rentals are there in 98204?

There are currently 88 rentals available in 98204.

6. How do rent prices in 98204 compare with the national average?

The average rent in 98204 is $1,899 — Infinity% higher the national average of $0.