98406 rental market

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Last updated August 30, 2025

Rental market summary

The average rent for 1 bedroom properties in 98406 is $1,623.

Average rent

$1,623

Month-over-month change

+$90

Year-over-year change

+$162

Available rentals

13

Source: Zillow Rentals data

Rental price range

The price range for 1 bedroom properties is $1,275 to $2,300.

Rent frequencies
Rent priceNumber of rental properties
$1,3003
$1,4002
$1,5001
$1,6002
$1,7001
$1,8001
$2,0001
$2,2001
$2,300+2

Average rent price over time

In the last year, rent has increased by $162 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,303$1,500
Feb$1,420$1,514
Mar$1,373$1,515
Apr$1,294$1,495
May$1,444$1,465
Jun$1,399$1,301
Jul$1,399$1,500
Aug$1,399$1,465
Sep$1,435No data
Oct$1,553No data
Nov$1,550No data
Dec$1,550No data

Market temperature

The 98406 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 98406 is 3% higher than the national average.

98406vs.

$1,623

$1,578

Rent in 98406

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Frequently asked questions

1. What is the average rent in 98406?

The average rent in 98406 is $2,250.

2. How much does it cost to rent a house in 98406?

Houses in 98406 rent between $850 - $5,000 with an average rent of $2,250.

3. How has the rent in 98406 changed in the last year?

In the last year, the rent in 98406 increased by $250

4. How much has the rent in 98406 increased/decreased in the last month?

In the last month, the rent in 98406 increased by $253

5. How many available rentals are there in 98406?

There are currently 61 rentals available in 98406.

6. How do rent prices in 98406 compare with the national average?

The average rent in 98406 is $2,250 — Infinity% higher the national average of $0.