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City Report · WA

Steilacoom

Pop. 6,686·66th most expensive in Washington·Rental market data updated monthly for Steilacoom, WA
Median rent (all units)
$1,993/mo
Year-over-Year
Stable
Month-over-Month
+0.1%
vs US Median
+$31
Stable (Monthly)
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Most AffordableMost Expensive
Steilacoom · $1,993
More expensive than 58% of US cities · National median $1,962/mo
Affordability
24% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,993/mo, rent takes about 24% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$80,000/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 $1,993 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

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Last updated: August 17, 2026

Annual cost
$23,916/yr
At $1,993/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, +0.1% MoM), not inventory.
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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

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

Can you afford rent in Steilacoom on your salary?

At $1,993/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: August 17, 2026

The median rent in Steilacoom is $1,993/mo as of August 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 24% 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

Is Steilacoom an affordable city for renters?

Steilacoom is considered very affordable for renters. At $1,993/mo, rent takes approximately 24% of the local median household income ($100,851/yr). The standard benchmark is 30%. Steilacoom falls comfortably within that range.

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 $80,000/year (~$38/hour full-time) to afford the median rent of $1,993/mo in Steilacoom. The local median household income is $100,851/yr, meaning the typical Steilacoom household meets that threshold.

Is rent going up or down in Steilacoom?

Rent in Steilacoom has been relatively stable over the past year, with a 0.0% change year over year as of August 2026.

How does Steilacoom rent compare to other cities in Washington?

Steilacoom is middle-of-the-pack for Washington for rent, ranking #66 out of 110 tracked cities at $1,993/mo.

Which nearby cities are cheaper to rent in than Steilacoom?

Several nearby cities have lower median rents than Steilacoom ($1,993/mo): Lakewood ($1,737/mo), University Place ($1,961/mo).

What percentage of Steilacoom residents rent vs. own?

According to Census data, approximately 37.1% of Steilacoom households are renters, while 62.9% are owner-occupied. Steilacoom leans toward homeownership, which can mean a smaller rental inventory.

How does Steilacoom rent compare to the national average?

Steilacoom's median rent of $1,993/mo is $31 (2%) above the US national median of $1,962/mo. Within Washington, it ranks #66 out of 110 tracked cities.
Income Affordability
24%
VERY AFFORDABLE

At $1,993/mo, rent takes ~24% of Steilacoom's median household income ($100,851/yr). The standard benchmark is 30%.

Steilacoom 24%Benchmark 30%
State income taxNone
Run the Steilacoom affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Steilacoom, WA

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