98406 rental market

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Last updated August 20, 2025

Rental market summary

The average rent for 2 bedroom properties in 98406 is $2,100.

Average rent

$2,100

Month-over-month change

-$95

Year-over-year change

+$130

Available rentals

28

Source: Zillow Rentals data

Rental price range

The price range for 2 bedroom properties is $1,450 to $2,865.

Rent frequencies
Rent priceNumber of rental properties
$1,4001
$1,5002
$1,6002
$1,7003
$1,8001
$1,9003
$2,0003
$2,1005
$2,2003
$2,3002
$2,4001
$2,5002
$2,6002
$2,7001
$2,8001
$2,900+1

Average rent price over time

In the last year, rent has increased by $130 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,100$1,900
Feb$2,050$1,900
Mar$1,700$1,954
Apr$1,699$1,886
May$1,970$1,950
Jun$1,850$1,993
Jul$1,800$1,995
Aug$2,033$1,997
Sep$1,935No data
Oct$2,100No data
Nov$2,000No data
Dec$1,897No data

Market temperature

The 98406 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 98406 is 11% higher than the national average.

98406vs.

$2,100

$1,895

Rent in 98406

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Frequently asked questions

1. What is the average rent in 98406?

The average rent in 98406 is $2,246.

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

Houses in 98406 rent between $625 - $5,000 with an average rent of $2,246.

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

In the last year, the rent in 98406 increased by $13

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

In the last month, the rent in 98406 increased by $139

5. How many available rentals are there in 98406?

There are currently 66 rentals available in 98406.

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

The average rent in 98406 is $2,246 — Infinity% higher the national average of $0.