98407 rental market

What is the average rent in 98407?

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Last updated June 29, 2026

Rental market summary

The average rent for all bedrooms and all property types in 98407 is $2,522.

Average rent

$2,522

Month-over-month change

+$360

Year-over-year change

+$602

Available rentals

41

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,165 to $7,100.

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Rent frequencies
Rent priceNumber of rental properties
$1,4003
$1,5003
$1,6001
$1,7002
$1,8001
$1,9002
$2,0002
$2,1005
$2,2002
$2,3001
$2,4001
$2,5001
$2,6001
$2,7001
$2,8005
$2,9003
$3,1003
$3,2003
$3,3002
$3,4001
$3,7001
$3,9001
$4,0001
$4,7001
$4,8001
$5,000+2

Average rent price over time

In the last year, rent has increased by $602 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$2,192$2,126
Feb$2,100$2,100
Mar$2,400$2,300
Apr$2,100$2,192
May$2,400$2,016
Jun$1,950$2,163
Jul$1,900No data
Aug$2,250No data
Sep$2,500No data
Oct$2,150No data
Nov$2,150No data
Dec$2,295No data

Market temperature

The 98407 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 98407 is 25% higher than the national average.

98407vs.

$2,522

$2,011

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Frequently asked questions

1. What is the average rent in 98407?

The average rent in 98407 is $2,522.

2. What is the average rent for a studio apartment in 98407?

The average rent for a studio apartment in 98407 is $1,595 per month.

3. What is the average rent for a one-bedroom apartment in 98407?

The average rent for a one-bedroom apartment in 98407 is $1,565 per month.

4. What is the average rent for a two-bedroom apartment in 98407?

The average rent for a two-bedroom apartment in 98407 is $2,100 per month.

5. What is the average rent for a three-bedroom apartment in 98407?

The average rent for a three-bedroom apartment in 98407 is $3,122 per month.

6. What is the average rent for a four-bedroom apartment in 98407?

The average rent for a four-bedroom apartment in 98407 is $3,225 per month.

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

Houses in 98407 rent between $1,165 - $7,100 with an average rent of $2,522.

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

In the last year, the rent in 98407 increased by $602

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

In the last month, the rent in 98407 increased by $360

10. How many available rentals are there in 98407?

There are currently 41 rentals available in 98407.

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

The average rent in 98407 is $2,522 — 25.41% higher the national average of $2,011.

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