98407 rental market

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Last updated August 12, 2025

Rental market summary

The average rent for all bedrooms and all property types in 98407 is $3,400.

Average rent

$3,400

Month-over-month change

-$250

Year-over-year change

-$750

Available rentals

1

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $3,400 to $3,400.

Rent frequencies
Rent priceNumber of rental properties
$3,3001
$3,400+1

Average rent price over time

In the last year, rent has decreased by $750 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Mar$3,000$4,200
Apr$3,400$3,000
Aug$3,075$3,400

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 42% lower than the national average.

98407vs.

$3,400

$5,884

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Frequently asked questions

1. What is the average rent in 98407?

The average rent in 98407 is $2,479.

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

Houses in 98407 rent between $1,275 - $4,200 with an average rent of $2,479.

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

In the last year, the rent in 98407 decreased by $21

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

In the last month, the rent in 98407 increased by $379

5. How many available rentals are there in 98407?

There are currently 44 rentals available in 98407.

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

The average rent in 98407 is $2,479 — Infinity% higher the national average of $0.