98503 rental market

What is the average rent in 98503?

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Last updated November 8, 2026

Rental market summary

The average rent for all bedrooms and all property types in 98503 is $2,295.

Average rent

$2,295

Month-over-monthMoM change

+$225

Year-over-yearYoY change

+$250

Available rentals

109

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,100 to $3,250.

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Rent frequencies
Rent priceNumber of rental properties
$1,0001
$1,1003
$1,2005
$1,3004
$1,4006
$1,5003
$1,6004
$1,7006
$1,8005
$1,9006
$2,0004
$2,1007
$2,2007
$2,3007
$2,4007
$2,5008
$2,6009
$2,7009
$2,8008
$2,9007
$3,0006
$3,1004
$3,200+2

Average rent price over time

In the last year, rent has increased by $250 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$1,950$1,995
Aug$2,000$2,000
Sep$2,350$2,140
Oct$2,195$2,150
Nov$2,065$2,250
Dec$2,100No data

Market temperature

The 98503 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 98503 is 15% higher than the national average.

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$2,295

$1,999

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Frequently asked questions

1. What is the average rent in 98503?

The average rent in 98503 is $2,295.

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

The average rent for a studio apartment in 98503 is $1,499 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 $1,490 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 $1,805 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 $2,550 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 $3,073 per month.

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

Houses in 98503 rent between $1,100 - $3,250 with an average rent of $2,295.

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

In the last year, the rent in 98503 increased by $250

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

In the last month, the rent in 98503 increased by $225

10. How many available rentals are there in 98503?

There are currently 109 rentals available in 98503.

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

The average rent in 98503 is $2,295 — 14.81% higher the national average of $1,999.

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