98407 rental market

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Last updated August 23, 2025

Rental market summary

The average rent for all bedrooms and all property types in 98407 is $2,500.

Average rent

$2,500

Month-over-month change

+$350

Year-over-year change

+$60

Available rentals

50

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,050 to $6,350.

Rent frequencies
Rent priceNumber of rental properties
$1,0001
$1,3005
$1,4003
$1,5002
$1,6001
$1,7004
$1,8003
$1,9002
$2,0001
$2,2001
$2,3003
$2,4005
$2,5007
$2,6003
$2,7004
$2,8005
$2,9002
$3,0001
$3,1003
$3,2003
$3,3002
$3,4002
$3,9001
$4,1001
$4,2001
$5,000+1

Average rent price over time

In the last year, rent has increased by $60 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,500$2,192
Feb$2,400$2,100
Mar$2,640$2,400
Apr$1,844$2,100
May$1,850$2,400
Jun$2,034$1,950
Jul$2,640$1,900
Aug$2,395$2,250
Sep$2,195No data
Oct$2,455No data
Nov$2,295No data
Dec$2,157No data

Market temperature

The 98407 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 98407 is 19% higher than the national average.

98407vs.

$2,500

$2,100

Rent in 98407

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Frequently asked questions

1. What is the average rent in 98407?

The average rent in 98407 is $2,500.

2. How much does it cost to rent a house in 98407?

Houses in 98407 rent between $1,050 - $6,350 with an average rent of $2,500.

3. How has the rent in 98407 changed in the last year?

In the last year, the rent in 98407 increased by $60

4. How much has the rent in 98407 increased/decreased in the last month?

In the last month, the rent in 98407 increased by $350

5. How many available rentals are there in 98407?

There are currently 50 rentals available in 98407.

6. How do rent prices in 98407 compare with the national average?

The average rent in 98407 is $2,500 — 19.05% higher the national average of $2,100.