98503 rental market

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Last updated August 20, 2025

Rental market summary

The average rent for 2 bedroom properties in 98503 is $1,741.

Average rent

$1,741

Month-over-month change

-$75

Year-over-year change

-$94

Available rentals

39

Source: Zillow Rentals data

Rental price range

The price range for 2 bedroom properties is $1,295 to $5,000.

Rent frequencies
Rent priceNumber of rental properties
$1,2001
$1,4004
$1,5002
$1,60011
$1,7003
$1,8004
$1,9005
$2,0008
$2,1001
$2,3002
$2,4001
$2,5002
$4,900+1

Average rent price over time

In the last year, rent has decreased by $94 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,675$1,775
Feb$1,780$1,664
Mar$1,650$1,725
Apr$1,812$1,763
May$1,850$1,698
Jun$1,800$1,724
Jul$1,751$1,850
Aug$1,895$1,850
Sep$1,783No data
Oct$1,775No data
Nov$1,775No data
Dec$1,798No data

Market temperature

The 98503 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 98503 is 8% lower than the national average.

98503vs.

$1,741

$1,895

Rent in 98503

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Frequently asked questions

1. What is the average rent in 98503?

The average rent in 98503 is $2,000.

2. How much does it cost to rent a house in 98503?

Houses in 98503 rent between $1,150 - $5,000 with an average rent of $2,000.

3. How has the rent in 98503 changed in the last year?

In the last year, the rent in 98503 decreased by $200

4. How much has the rent in 98503 increased/decreased in the last month?

In the last month, the rent in 98503 increased by $91

5. How many available rentals are there in 98503?

There are currently 87 rentals available in 98503.

6. How do rent prices in 98503 compare with the national average?

The average rent in 98503 is $2,000 — Infinity% higher the national average of $0.