98407 rental market

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Last updated August 26, 2025

Rental market summary

The average rent for 3 bedroom properties in 98407 is $2,850.

Average rent

$2,850

Month-over-month change

-$25

Year-over-year change

-$300

Available rentals

14

Source: Zillow Rentals data

Rental price range

The price range for 3 bedroom properties is $2,500 to $6,350.

Rent frequencies
Rent priceNumber of rental properties
$2,4001
$2,5003
$2,6003
$2,7001
$2,8003
$2,9001
$3,1002
$3,2002
$3,4001
$3,9001
$5,000+1

Average rent price over time

In the last year, rent has decreased by $300 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,800$2,645
Feb$3,250$2,850
Mar$2,500$3,500
Apr$2,745$2,990
May$2,500$2,800
Jun$3,000$2,795
Jul$3,100$2,892
Aug$2,950$2,860
Sep$3,150No data
Oct$2,950No data
Nov$2,795No data
Dec$2,700No 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 30% higher than the national average.

98407vs.

$2,850

$2,200

Rent in 98407

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Frequently asked questions

1. What is the average rent in 98407?

The average rent in 98407 is $2,520.

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

Houses in 98407 rent between $1,275 - $6,350 with an average rent of $2,520.

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

In the last year, the rent in 98407 increased by $95

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

In the last month, the rent in 98407 increased by $270

5. How many available rentals are there in 98407?

There are currently 47 rentals available in 98407.

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

The average rent in 98407 is $2,520 — Infinity% higher the national average of $0.