98023 rental market

What is the average rent in 98023?

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Last updated July 2, 2026

Rental market summary

The average rent for all bedrooms and all property types in 98023 is $2,500.

Average rent

$2,500

Month-over-month change

$0

Year-over-year change

-$140

Available rentals

45

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,282 to $6,750.

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Rent frequencies
Rent priceNumber of rental properties
$1,4003
$1,5002
$1,6002
$1,7002
$1,8001
$1,9006
$2,0002
$2,1002
$2,2001
$2,4003
$2,5003
$2,6001
$2,7002
$2,8001
$2,9002
$3,0005
$3,1003
$3,2003
$3,3002
$3,4003
$3,5003
$3,6001
$3,9001
$4,0001
$4,2001
$5,000+2

Average rent price over time

In the last year, rent has decreased by $140 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$2,576$2,275
Feb$2,230$2,700
Mar$2,100$2,500
Apr$2,295$2,499
May$2,275$2,600
Jun$2,600$2,300
Jul$2,550$2,500
Aug$2,735No data
Sep$2,799No data
Oct$2,572No data
Nov$2,650No data
Dec$2,500No data

Market temperature

The 98023 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.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 98023 is 25% higher than the national average.

98023vs.

$2,500

$2,008

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Frequently asked questions

1. What is the average rent in 98023?

The average rent in 98023 is $2,500.

2. What is the average rent for a studio apartment in 98023?

The average rent for a studio apartment in 98023 is $1,324 per month.

3. What is the average rent for a one-bedroom apartment in 98023?

The average rent for a one-bedroom apartment in 98023 is $1,563 per month.

4. What is the average rent for a two-bedroom apartment in 98023?

The average rent for a two-bedroom apartment in 98023 is $1,955 per month.

5. What is the average rent for a three-bedroom apartment in 98023?

The average rent for a three-bedroom apartment in 98023 is $2,700 per month.

6. What is the average rent for a four-bedroom apartment in 98023?

The average rent for a four-bedroom apartment in 98023 is $3,533 per month.

7. How much does it cost to rent a house in 98023?

Houses in 98023 rent between $1,282 - $6,750 with an average rent of $2,500.

8. How has the rent in 98023 changed in the last year?

In the last year, the rent in 98023 decreased by $140

9. How much has the rent in 98023 increased/decreased in the last month?

In the last month, the rent in 98023 did not change.

10. How many available rentals are there in 98023?

There are currently 45 rentals available in 98023.

11. How do rent prices in 98023 compare with the national average?

The average rent in 98023 is $2,500 — 24.5% higher the national average of $2,008.

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