98503 rental market

What is the average rent in 98503?

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Last updated June 24, 2026

Rental market summary

The average rent for all bedrooms and all property types in 98503 is $1,993.

Average rent

$1,993

Month-over-month change

-$7

Year-over-year change

+$74

Available rentals

73

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $850 to $3,800.

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Rent frequencies
Rent priceNumber of rental properties
$1,1002
$1,2002
$1,3001
$1,4004
$1,5004
$1,6009
$1,7006
$1,8009
$1,9003
$2,0002
$2,1007
$2,2007
$2,3003
$2,4002
$2,5001
$2,6007
$2,7006
$2,8002
$2,9001
$3,0002
$3,1002
$3,2001
$3,4001
$3,7001
$3,800+1

Average rent price over time

In the last year, rent has increased by $74 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$2,095$2,185
Feb$2,000$2,100
Mar$1,900$1,995
Apr$1,900$1,895
May$1,850$1,999
Jun$1,795$1,895
Jul$1,950No data
Aug$2,000No data
Sep$2,350No data
Oct$2,195No data
Nov$2,067No data
Dec$2,100No data

Market temperature

The 98503 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 98503 is 0.87% lower than the national average.

98503vs.

$1,993

$2,010

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Frequently asked questions

1. What is the average rent in 98503?

The average rent in 98503 is $1,993.

2. What is the average rent for a studio apartment in 98503?

The average rent for a studio apartment in 98503 is $1,468 per month.

3. What is the average rent for a one-bedroom apartment in 98503?

The average rent for a one-bedroom apartment in 98503 is $1,575 per month.

4. What is the average rent for a two-bedroom apartment in 98503?

The average rent for a two-bedroom apartment in 98503 is $1,850 per month.

5. What is the average rent for a three-bedroom apartment in 98503?

The average rent for a three-bedroom apartment in 98503 is $2,495 per month.

6. What is the average rent for a four-bedroom apartment in 98503?

The average rent for a four-bedroom apartment in 98503 is $3,031 per month.

7. How much does it cost to rent a house in 98503?

Houses in 98503 rent between $850 - $3,800 with an average rent of $1,993.

8. How has the rent in 98503 changed in the last year?

In the last year, the rent in 98503 increased by $74

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

In the last month, the rent in 98503 decreased by $7

10. How many available rentals are there in 98503?

There are currently 73 rentals available in 98503.

11. How do rent prices in 98503 compare with the national average?

The average rent in 98503 is $1,993 — less than 1% lower the national average of $2,010.

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