RentDataNowRentDataNow
City Report · WA

Newcastle

Pop. 12,989·32nd most expensive in Washington·Rental market data updated monthly for Newcastle, WA
Median rent (all units)
$2,320/mo
Year-over-Year
-2.8%
Month-over-Month
-13.0%
vs US Median
+$355
Falling (Monthly)
Be the first to discuss Newcastle rents ↓
Most AffordableMost Expensive
Newcastle · $2,320
More expensive than 73% of US cities · National median $1,965/mo
Rent Reality Score
76/100
Good value
OverheatedFairGreat value

Rents are 13% below what Newcastle's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,320/mo
Expected by trend
$2,673/mo
The Rent Reality Score compares today's median rent to where Newcastle's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$2,260
1 BR
$2,226
2 BR
$2,590
3 BR
$3,250
4 BR+
$3,327
Research median
$2,590/mo

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

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$27,840/yr
At $2,320/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 2.8% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-2.8% YoY, -13.0% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Newcastle, WA is majority owner-occupied, has a median income above the national average, 68.5% of residents hold a bachelor's degree or higher.

Population
12,989
Median income
$160,278
Median age
37.5
Renters
39%
Age distribution
19.9%
25.9%
27.7%
15.8%
Under 1819.9%
18–3425.9%
35–5427.7%
55–6410.7%
65+15.8%
Gender
48.1%
51.9%
Male48.1%
Female51.9%
Race & ethnicity
39%
42.1%
White39%
Black3.5%
Hispanic4.5%
Asian42.1%
Other10.9%
Education (25+)
19.3%
68.5%
No HS diploma2.6%
HS diploma9.7%
Some college19.3%
Bachelor's+68.5%
Housing tenure
61%
39%
Owner61%
Renter39%

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

2021 vs 2026

How Newcastle, WA has changed in 5 years

Rent
$2,200 → $2,320
up 5.5%
Income
$139,439 → $160,278
up 14.9%
Population
12,855 → 12,989
up 1.0%
Renter share
30.1% → 39%
+8.9 pts
Bachelor's+
70.8% → 68.5%
-2.3 pts

Compared with 2021, rent in Newcastle, WA has climbed by $120 per month, settling near $2,320 after starting the period at $2,200. Census figures show median household income at $160,278 today, compared with $139,439 five years earlier. Income growth outran rent by about 9.4 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 12,855 to 12,989 between 2021 and 2024, a 1.0% change. About 39% of households rent today, against 30.1% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher slipped from 70.8% to 68.5%. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

Discussions about Newcastle

No discussions yet. Start the conversation.

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

Can you afford rent in Newcastle on your salary?

At $2,320/mo, how Newcastle rent compares to typical pay (30% rule).

By apartment size

Newcastle rent by bedroom count

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

Local insights

Tips for renters in Newcastle

About renting in Newcastle, WA

Last updated: July 20, 2026

The median rent in Newcastle is $2,320/mo as of July 2026. A studio apartment averages $2,260/mo while a 2-bedroom runs $2,590/mo. One-bedroom apartments average $2,226/mo and 3-bedroom units go for $3,250/mo.

At 17% of local median household income ($160,278/yr), Newcastle ranks as affordable compared to the national benchmark of 30%. Rents have decreased 2.8% over the past year.

FAQ

Frequently asked questions

Is Newcastle an affordable city for renters?

Newcastle is considered very affordable for renters. At $2,320/mo, rent takes approximately 17% of the local median household income ($160,278/yr). The standard benchmark is 30%. Newcastle falls comfortably within that range.

How much income do you need to rent in Newcastle?

To keep rent at or below 30% of gross income, you would need to earn at least $93,000/year (~$45/hour full-time) to afford the median rent of $2,320/mo in Newcastle. The local median household income is $160,278/yr, meaning the typical Newcastle household meets that threshold.

Is rent going up or down in Newcastle?

Rent in Newcastle has decreased 2.8% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Newcastle rent compare to other cities in Washington?

Newcastle is one of the pricier cities in Washington for rent, ranking #32 out of 110 tracked cities at $2,320/mo.

Which nearby cities are cheaper to rent in than Newcastle?

Several nearby cities have lower median rents than Newcastle ($2,320/mo): Tukwila ($1,983/mo), Bryn Mawr-Skyway ($2,000/mo), Renton ($2,191/mo).

What percentage of Newcastle residents rent vs. own?

According to Census data, approximately 39% of Newcastle households are renters, while 61% are owner-occupied. Newcastle leans toward homeownership, which can mean a smaller rental inventory.

How does Newcastle rent compare to the national average?

Newcastle's median rent of $2,320/mo is $355 (18%) above the US national median of $1,965/mo. Within Washington, it ranks #32 out of 110 tracked cities.
Income Affordability
17%
VERY AFFORDABLE

At $2,320/mo, rent takes ~17% of Newcastle's median household income ($160,278/yr). The standard benchmark is 30%.

Newcastle 17%Benchmark 30%
State income taxNone
Run the Newcastle affordability calculator →
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Newcastle, WA

Recent submissions

Be the first to submit your rent for Newcastle.

Recent discussions

No discussions yet.