98223 rental market

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Last updated August 23, 2025

Rental market summary

The average rent for 1 bedroom properties in 98223 is $1,599.

Average rent

$1,599

Month-over-month change

-$51

Year-over-year change

+$54

Available rentals

14

Source: Zillow Rentals data

Rental price range

The price range for 1 bedroom properties is $1,148 to $2,037.

Rent frequencies
Rent priceNumber of rental properties
$1,2001
$1,4003
$1,5003
$1,6001
$1,7003
$1,8002
$1,900+1

Average rent price over time

In the last year, rent has increased by $54 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,575$1,552
Feb$1,418$1,656
Mar$1,647$1,656
Apr$1,640$1,656
May$1,642$1,771
Jun$1,450$1,750
Jul$1,643$1,725
Aug$1,643$1,722
Sep$1,525No data
Oct$1,620No data
Nov$1,570No data
Dec$1,552No data

Market temperature

The 98223 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 98223 is 0.73% higher than the national average.

98223vs.

$1,599

$1,587

Rent in 98223

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Frequently asked questions

1. What is the average rent in 98223?

The average rent in 98223 is $2,092.

2. How much does it cost to rent a house in 98223?

Houses in 98223 rent between $1,148 - $4,975 with an average rent of $2,092.

3. How has the rent in 98223 changed in the last year?

In the last year, the rent in 98223 decreased by $3

4. How much has the rent in 98223 increased/decreased in the last month?

In the last month, the rent in 98223 increased by $34

5. How many available rentals are there in 98223?

There are currently 42 rentals available in 98223.

6. How do rent prices in 98223 compare with the national average?

The average rent in 98223 is $2,092 — Infinity% higher the national average of $0.