Rents are right about where Bainbridge Island's 10-year trend predicts.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $3,050 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: August 17, 2026
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Who lives here
Bainbridge Island, WA is majority owner-occupied, has a large retiree population, has a median income above the national average, 76.4% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Bainbridge Island, WA has changed in 5 years
Compared with 2021, rent in Bainbridge Island, WA has climbed by $907 per month, settling near $3,050 after starting the period at $2,143. Census figures show median household income at $172,188 today, compared with $145,475 five years earlier. Rent outpaced income growth by roughly 23.9 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 73.9% to 76.4%. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.
Discussions about Bainbridge Island
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Can you afford rent in Bainbridge Island on your salary?
At $3,050/mo, how Bainbridge Island rent compares to typical pay (30% rule).
Bainbridge Island rent by bedroom count
Median rent for each apartment size in Bainbridge Island. Click any size for full breakdown.
Tips for renters in Bainbridge Island
Last updated: August 17, 2026
The median rent in Bainbridge Island is $3,050/mo as of August 2026. A studio apartment averages $1,990/mo while a 2-bedroom runs $2,540/mo. One-bedroom apartments average $2,050/mo and 3-bedroom units go for $3,320/mo.
At 21% of local median household income ($172,188/yr), Bainbridge Island ranks as affordable compared to the national benchmark of 30%. Rents have increased 12.6% over the past year.
Frequently asked questions
Is Bainbridge Island an affordable city for renters?
How much income do you need to rent in Bainbridge Island?
Is rent going up or down in Bainbridge Island?
How does Bainbridge Island rent compare to other cities in Washington?
Which nearby cities are cheaper to rent in than Bainbridge Island?
What percentage of Bainbridge Island residents rent vs. own?
How does Bainbridge Island rent compare to the national average?
At $3,050/mo, rent takes ~21% of Bainbridge Island's median household income ($172,188/yr). The standard benchmark is 30%.
How does this area stack up?
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Estimated from ZIP-level data
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