City Report · WA

Steilacoom

Pop. 6,686·79th most expensive in Washington·Rental market data updated monthly for Steilacoom, WA
Median rent (all units)
$1,805/mo
Year-over-Year
Stable
Month-over-Month
-0.8%
vs US Median
-$127
Reported rents
Falling (Monthly)
Be the first to discuss Steilacoom rents ↓
Most AffordableMost Expensive
Steilacoom · $1,805
More affordable than 53% of US cities · National median $1,932/mo
Affordability
21% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,805/mo, rent takes about 21% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$72,000/yr
Local median income
$100,851/yr
Based on the 30%-of-income rule using Steilacoom's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,370
1 BR
$1,550
2 BR
$1,910
3 BR
$2,680
4 BR+
$3,060
Fair Market Rent (HUD)
$1,910/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,805 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 →

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($100,851) is $2,521 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,910); a 3-bedroom is $2,680.

From Zillow's monthly rent index (ZORI) for Steilacoom. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$21,660/yr
At $1,805/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, -0.8% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Steilacoom, WA is majority owner-occupied, has a median income above the national average, 47.8% of residents hold a bachelor's degree or higher.

Population
6,686
Median income
$100,851
Median age
39.8
Renters
37.1%
Age distribution
20.3%
21.3%
25.4%
14%
19%
Under 1820.3%
18–3421.3%
35–5425.4%
55–6414%
65+19%
Gender
46.9%
53.1%
Male46.9%
Female53.1%
Race & ethnicity
75.9%
13.1%
White75.9%
Black4.7%
Hispanic13.1%
Asian5.4%
Other1%
Education (25+)
14.4%
30.8%
47.8%
No HS diploma7%
HS diploma14.4%
Some college30.8%
Bachelor's+47.8%
Housing tenure
62.9%
37.1%
Owner62.9%
Renter37.1%

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

2021 vs 2026

How Steilacoom, WA has changed in 5 years

Income
$95,316 → $100,851
up 5.8%
Population
6,673 → 6,686
up 0.2%
Renter share
36% → 37.1%
+1.1 pts
Bachelor's+
44.4% → 47.8%
+3.4 pts

Census figures show median household income at $100,851 today, compared with $95,316 five years earlier. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 44.4% to 47.8%.

Community

Discussions about Steilacoom

No discussions yet. Start the conversation.

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

Can you afford rent in Steilacoom on your salary?

At $1,805/mo, how Steilacoom rent compares to typical pay (30% rule).

By apartment size

Steilacoom rent by bedroom count

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

Local insights

Tips for renters in Steilacoom

About renting in Steilacoom, WA

Last updated: October 17, 2026

The median rent in Steilacoom is $1,805/mo as of October 2026. A studio apartment averages $1,370/mo while a 2-bedroom runs $1,910/mo. One-bedroom apartments average $1,550/mo and 3-bedroom units go for $2,680/mo.

At 21% of local median household income ($100,851/yr), Steilacoom ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Steilacoom?

To keep rent at or below 30% of gross income, you would need to earn at least $72,000/year (about $35/hour full-time) to afford the median rent of $1,805/mo in Steilacoom. The local median household income is $100,851/yr, so the typical household meets that bar.

Is rent going up or down in Steilacoom?

Rent in Steilacoom has been roughly flat over the past year, a 0.0% change.

How does Steilacoom rent compare to other cities in Washington?

Steilacoom is one of the more affordable among Washington cities for rent, ranking #79 of 109 tracked cities at $1,805/mo.

Which nearby cities are cheaper to rent in than Steilacoom?

Nearby cities with lower median rent than Steilacoom ($1,805/mo) include Lakewood ($1,734/mo).
Income Affordability
21%
VERY AFFORDABLE

At $1,805/mo, rent takes ~21% of Steilacoom's median household income ($100,851/yr). The standard benchmark is 30%.

Steilacoom 21%Benchmark 30%
State income taxNone
Run the Steilacoom affordability calculator →
Lowest-rent ZIP codes in Steilacoom
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 Steilacoom, WA

Recent submissions

Be the first to submit your rent for Steilacoom.

Recent discussions

No discussions yet.