98407 rental market

What is the average rent in 98407?

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Last updated October 5, 2026

Rental market summary

The average rent for all bedrooms and all property types in 98407 is $2,217.

Average rent

$2,217

Month-over-month change

-$283

Year-over-year change

+$17

Available rentals

43

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,275 to $6,750.

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Rent frequencies
Rent priceNumber of rental properties
$1,2001
$1,3002
$1,4001
$1,5004
$1,6002
$1,7002
$1,8004
$1,9003
$2,0004
$2,1003
$2,2002
$2,3002
$2,4005
$2,5003
$2,6002
$2,7001
$2,8003
$3,0002
$3,1002
$3,2001
$3,3001
$3,5001
$3,6001
$3,7001
$4,6001
$4,9001
$5,000+1

Average rent price over time

In the last year, rent has increased by $17 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$2,095
Mar$2,400$2,300
Apr$2,100$2,185
May$2,400$2,019
Jun$1,950$2,163
Jul$1,900$2,500
Aug$2,250$2,495
Sep$2,500$2,491
Oct$2,150$2,254
Nov$2,150No data
Dec$2,295No data

Market temperature

The 98407 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 98407 is 11% higher than the national average.

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$2,217

$2,000

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Frequently asked questions

1. What is the average rent in 98407?

The average rent in 98407 is $2,217.

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

The average rent for a studio apartment in 98407 is $1,477 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 $2,000 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 $2,031 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 $3,200 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 $3,600 per month.

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

Houses in 98407 rent between $1,275 - $6,750 with an average rent of $2,217.

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

In the last year, the rent in 98407 increased by $17

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

In the last month, the rent in 98407 decreased by $283

10. How many available rentals are there in 98407?

There are currently 43 rentals available in 98407.

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

The average rent in 98407 is $2,217 — 10.85% higher the national average of $2,000.

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