City Report · WA

Bainbridge Island

Pop. 24,631·4th most expensive in Washington·Bainbridge Island rents are up 16.7% over the past year
Median rent (all units)
$3,151/mo
Year-over-Year
+16.7%
Month-over-Month
+7.1%
vs US Median
+$1,186
Rising (Monthly)
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Most AffordableMost Expensive
Bainbridge Island · $3,151
More expensive than 92% of US cities · National median $1,965/mo
Rent Reality Score
48/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Bainbridge Island's 10-year trend predicts.

Actual rent
$3,151/mo
Expected by trend
$3,119/mo
The Rent Reality Score compares today's median rent to where Bainbridge Island's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,990
1 BR
$2,050
2 BR
$2,540
3 BR
$3,320
4 BR+
$3,810
Research median
$2,540/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$37,812/yr
At $3,151/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 16.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+16.7% YoY, +7.1% MoM), not inventory.
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Demographics

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.

Population
24,631
Median income
$172,188
Median age
49
Renters
18.6%
Age distribution
20.1%
25.6%
16.1%
27.4%
Under 1820.1%
18–3410.8%
35–5425.6%
55–6416.1%
65+27.4%
Gender
49.2%
50.8%
Male49.2%
Female50.8%
Race & ethnicity
83.7%
White83.7%
Hispanic4.6%
Asian4.1%
Other7.3%
Education (25+)
16.1%
76.4%
No HS diploma0.7%
HS diploma6.8%
Some college16.1%
Bachelor's+76.4%
Housing tenure
81.4%
18.6%
Owner81.4%
Renter18.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Bainbridge Island, WA has changed in 5 years

Rent
$2,143 → $3,151
up 47.0%
Income
$145,475 → $172,188
up 18.4%
Population
24,557 → 24,631
up 0.3%
Renter share
19.7% → 18.6%
-1.1 pts
Bachelor's+
73.9% → 76.4%
+2.5 pts

Compared with 2021, rent in Bainbridge Island, WA has climbed by $1,008 per month, settling near $3,151 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 28.6 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.

Community

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View Bainbridge Island rent history (2015–2026) →
Salary vs rent

Can you afford rent in Bainbridge Island on your salary?

At $3,151/mo, how Bainbridge Island rent compares to typical pay (30% rule).

By apartment size

Bainbridge Island rent by bedroom count

Median rent for each apartment size in Bainbridge Island. Click any size for full breakdown.

Local insights

Tips for renters in Bainbridge Island

About renting in Bainbridge Island, WA

Last updated: July 20, 2026

The median rent in Bainbridge Island is $3,151/mo as of July 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 22% of local median household income ($172,188/yr), Bainbridge Island ranks as affordable compared to the national benchmark of 30%. Rents have increased 16.7% over the past year.

FAQ

Frequently asked questions

Is Bainbridge Island an affordable city for renters?

Bainbridge Island is considered very affordable for renters. At $3,151/mo, rent takes approximately 22% of the local median household income ($172,188/yr). The standard benchmark is 30%. Bainbridge Island falls comfortably within that range.

How much income do you need to rent in Bainbridge Island?

To keep rent at or below 30% of gross income, you would need to earn at least $126,000/year (~$61/hour full-time) to afford the median rent of $3,151/mo in Bainbridge Island. The local median household income is $172,188/yr, meaning the typical Bainbridge Island household meets that threshold.

Is rent going up or down in Bainbridge Island?

Rent in Bainbridge Island has increased 16.7% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Bainbridge Island rent compare to other cities in Washington?

Bainbridge Island is one of the pricier cities in Washington for rent, ranking #4 out of 110 tracked cities at $3,151/mo.

Which nearby cities are cheaper to rent in than Bainbridge Island?

Several nearby cities have lower median rents than Bainbridge Island ($3,151/mo): Bremerton ($1,934/mo), Silverdale ($1,991/mo), Port Orchard ($2,135/mo).

What percentage of Bainbridge Island residents rent vs. own?

According to Census data, approximately 18.6% of Bainbridge Island households are renters, while 81.4% are owner-occupied. Bainbridge Island leans toward homeownership, which can mean a smaller rental inventory.

How does Bainbridge Island rent compare to the national average?

Bainbridge Island's median rent of $3,151/mo is $1,186 (60%) above the US national median of $1,965/mo. Within Washington, it ranks #4 out of 110 tracked cities.
Income Affordability
22%
VERY AFFORDABLE

At $3,151/mo, rent takes ~22% of Bainbridge Island's median household income ($172,188/yr). The standard benchmark is 30%.

Bainbridge Island 22%Benchmark 30%
State income taxNone
Run the Bainbridge Island affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Bainbridge Island, WA

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