98503 rental market

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Last updated August 21, 2025

Rental market summary

The average rent for 3 bedroom properties in 98503 is $2,418.

Average rent

$2,418

Month-over-month change

+$168

Year-over-year change

+$23

Available rentals

35

Source: Zillow Rentals data

Rental price range

The price range for 3 bedroom properties is $1,629 to $2,800.

Rent frequencies
Rent priceNumber of rental properties
$1,6001
$1,7002
$1,8003
$2,0002
$2,1002
$2,2004
$2,3004
$2,4007
$2,5005
$2,6004
$2,7006
$2,800+1

Average rent price over time

In the last year, rent has increased by $23 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,270$2,331
Feb$2,275$2,395
Mar$2,200$2,400
Apr$2,400$2,200
May$2,400$2,295
Jun$2,400$2,562
Jul$2,440$2,325
Aug$2,400$2,332
Sep$2,395No data
Oct$2,395No data
Nov$2,359No data
Dec$2,350No 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 10% higher than the national average.

98503vs.

$2,418

$2,200

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 $250

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

In the last month, the rent in 98503 increased by $96

5. How many available rentals are there in 98503?

There are currently 89 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.