City Report · WA

Everett

Pop. 111,845·70th most expensive in Washington·Rental market data updated monthly for Everett, WA
Median rent (all units)
$1,946/mo
Year-over-Year
+2.5%
Month-over-Month
+2.7%
vs US Median
-$19
Rising (Monthly)
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Most AffordableMost Expensive
Everett · $1,946
More expensive than 56% of US cities · National median $1,965/mo
Rent Reality Score
68/100
Good value
OverheatedFairGreat value

Rents are 9% below what Everett's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,946/mo
Expected by trend
$2,135/mo
The Rent Reality Score compares today's median rent to where Everett's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,490
1 BR
$1,533
2 BR
$1,787
3 BR
$2,361
4 BR+
$2,749
Research median
$1,787/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
$23,352/yr
At $1,946/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 2.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+2.5% YoY, +2.7% MoM), not inventory.
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Demographics

Who lives here

Everett, WA is roughly split between renters and owners, 28.8% of residents hold a bachelor's degree or higher.

Population
111,845
Median income
$83,512
Median age
37.2
Renters
51%
Age distribution
19.8%
26.9%
26.3%
12.4%
14.6%
Under 1819.8%
18–3426.9%
35–5426.3%
55–6412.4%
65+14.6%
Gender
51.8%
48.2%
Male51.8%
Female48.2%
Race & ethnicity
59.9%
18.1%
White59.9%
Black6.1%
Hispanic18.1%
Asian10.1%
Other5.8%
Education (25+)
27.3%
33.7%
28.8%
No HS diploma10.3%
HS diploma27.3%
Some college33.7%
Bachelor's+28.8%
Housing tenure
49%
51%
Owner49%
Renter51%

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

2021 vs 2026

How Everett, WA has changed in 5 years

Rent
$1,516 → $1,946
up 28.4%
Income
$71,357 → $83,512
up 17.0%
Population
110,438 → 111,845
up 1.3%
Renter share
51.7% → 51%
-0.7 pts
Bachelor's+
26.1% → 28.8%
+2.7 pts
Median age
36.3 → 37.2
+0.9 yrs

Rent in Everett, WA has increased 28.4% since 2021, going from about $1,516 per month to roughly $1,946 today. Median household income grew from $71,357 to $83,512 between 2021 and 2024, a 17.0% shift. Rent outpaced income growth by roughly 11.4 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 110,438 to 111,845 between 2021 and 2024, a 1.3% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 26.1% to 28.8%. Taken together, the five-year picture in Everett, WA reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

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View Everett rent history (2015–2026) →
Salary vs rent

Can you afford rent in Everett on your salary?

At $1,946/mo, how Everett rent compares to typical pay (30% rule).

By apartment size

Everett rent by bedroom count

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

Local insights

Tips for renters in Everett

About renting in Everett, WA

Last updated: July 20, 2026

The median rent in Everett is $1,946/mo as of July 2026. A studio apartment averages $1,490/mo while a 2-bedroom runs $1,787/mo. One-bedroom apartments average $1,533/mo and 3-bedroom units go for $2,361/mo.

At 28% of local median household income ($83,512/yr), Everett ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.5% over the past year.

FAQ

Frequently asked questions

Is Everett an affordable city for renters?

Everett is considered affordable for renters. At $1,946/mo, rent takes approximately 28% of the local median household income ($83,512/yr). The standard benchmark is 30%. Everett falls comfortably within that range.

How much income do you need to rent in Everett?

To keep rent at or below 30% of gross income, you would need to earn at least $78,000/year (~$38/hour full-time) to afford the median rent of $1,946/mo in Everett. The local median household income is $83,512/yr, meaning the typical Everett household meets that threshold.

Is rent going up or down in Everett?

Rent in Everett has increased 2.5% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Everett neighborhoods have the lowest rent?

The most affordable ZIP codes in Everett are 98204 ($1,862/mo), 98208 ($1,980/mo), and 98201 ($1,996/mo). Citywide, the median rent in Everett is $1,946/mo.

How does Everett rent compare to other cities in Washington?

Everett is middle-of-the-pack for Washington for rent, ranking #70 out of 110 tracked cities at $1,946/mo.

What percentage of Everett residents rent vs. own?

According to Census data, approximately 51% of Everett households are renters, while 49% are owner-occupied. With a majority renter population, Everett has a strong rental market.

How does Everett rent compare to the national average?

Everett's median rent of $1,946/mo is $19 (1%) below the US national median of $1,965/mo. Within Washington, it ranks #70 out of 110 tracked cities.
Income Affordability
28%
AFFORDABLE

At $1,946/mo, rent takes ~28% of Everett's median household income ($83,512/yr). The standard benchmark is 30%.

Everett 28%Benchmark 30%
State income taxNone
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Everett, WA

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