98403 rental market

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Last updated August 21, 2025

Rental market summary

The average rent for 2 bedroom properties in 98403 is $1,850.

Average rent

$1,850

Month-over-month change

-$137

Year-over-year change

-$45

Available rentals

18

Source: Zillow Rentals data

Rental price range

The price range for 2 bedroom properties is $1,465 to $3,200.

Rent frequencies
Rent priceNumber of rental properties
$1,3001
$1,5002
$1,6003
$1,7001
$1,8002
$1,9003
$2,1002
$2,2003
$2,4002
$2,5001
$3,300+1

Average rent price over time

In the last year, rent has decreased by $45 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,725$1,895
Feb$1,795$1,895
Mar$1,795$1,733
Apr$1,725$1,700
May$1,797$1,733
Jun$1,795$1,795
Jul$1,795$1,800
Aug$1,895$2,050
Sep$1,895No data
Oct$2,100No data
Nov$2,040No data
Dec$1,900No data

Market temperature

The 98403 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 98403 is 2% lower than the national average.

98403vs.

$1,850

$1,895

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Frequently asked questions

1. What is the average rent in 98403?

The average rent in 98403 is $1,525.

2. How much does it cost to rent a house in 98403?

Houses in 98403 rent between $925 - $3,950 with an average rent of $1,525.

3. How has the rent in 98403 changed in the last year?

In the last year, the rent in 98403 decreased by $25

4. How much has the rent in 98403 increased/decreased in the last month?

In the last month, the rent in 98403 decreased by $22

5. How many available rentals are there in 98403?

There are currently 70 rentals available in 98403.

6. How do rent prices in 98403 compare with the national average?

The average rent in 98403 is $1,525 — Infinity% higher the national average of $0.