98516 rental market
What is the average rent in 98516?
Last updated August 24, 2026
Rental market summary
The average rent for all bedrooms and all property types in 98516 is $2,500.
Average rent
$2,500
Month-over-month change
$0
Year-over-year change
-$100
Available rentals
70
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $950 to $7,500.
| Rent price | Number of rental properties |
|---|---|
| $900 | 1 |
| $1,100 | 1 |
| $1,200 | 1 |
| $1,300 | 1 |
| $1,400 | 1 |
| $1,500 | 2 |
| $1,700 | 2 |
| $1,800 | 8 |
| $1,900 | 5 |
| $2,000 | 3 |
| $2,100 | 1 |
| $2,200 | 5 |
| $2,300 | 4 |
| $2,400 | 6 |
| $2,500 | 7 |
| $2,600 | 8 |
| $2,700 | 6 |
| $2,800 | 5 |
| $2,900 | 4 |
| $3,000 | 3 |
| $3,100 | 2 |
| $3,200 | 1 |
| $3,300 | 2 |
| $3,400 | 2 |
| $3,500 | 1 |
| $3,600 | 2 |
| $3,700 | 1 |
| $3,800 | 1 |
| $3,900 | 1 |
| $5,000+ | 1 |
Average rent price over time
In the last year, rent has decreased by $100 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $2,407 | $2,500 |
| Feb | $2,195 | $2,500 |
| Mar | $2,350 | $2,450 |
| Apr | $2,395 | $2,200 |
| May | $2,295 | $2,250 |
| Jun | $2,390 | $2,616 |
| Jul | $2,695 | $2,495 |
| Aug | $2,595 | $2,500 |
| Sep | $2,649 | No data |
| Oct | $2,650 | No data |
| Nov | $2,475 | No data |
| Dec | $2,595 | No data |
Market temperature
The 98516 rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in 98516 is 25% higher than the national average.
$2,500
$2,000
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Frequently asked questions
1. What is the average rent in 98516?
2. What is the average rent for a studio apartment in 98516?
3. What is the average rent for a one-bedroom apartment in 98516?
4. What is the average rent for a two-bedroom apartment in 98516?
5. What is the average rent for a three-bedroom apartment in 98516?
6. What is the average rent for a four-bedroom apartment in 98516?
7. How much does it cost to rent a house in 98516?
8. How has the rent in 98516 changed in the last year?
9. How much has the rent in 98516 increased/decreased in the last month?
10. How many available rentals are there in 98516?
11. How do rent prices in 98516 compare with the national average?
