ZIP Code · WA

ZIP 98001

Part of Auburn, WA

Pop. 37,460·King County·23rd most expensive ZIP in Washington

Median rent (all units)

$2,707/mo

Year-over-Year

+4.8%

Month-over-Month

+0.5%

vs US Median

+$775

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 98001 · $2,707

More expensive than 84% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$2,060

1 BR

$2,140

2 BR

$2,490

3 BR

$3,260

4 BR+

$3,830

Research median

$2,490/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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 98001 is at its highest level since Zillow's records here began in December 2021.

Past year vs. the rest of Washington

Rent in ZIP 98001 changed +4.8% over the year to September 2026. Across the 193 Washington ZIP codes Zillow tracks, the typical change was +2.5%.

Recent direction

Rent has risen 2 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($106,791) is $2,670 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,490); a 3-bedroom is $3,260.

Cheaper nearby

ZIP 98002, 2 miles away, rents for 31% less ($1,865/mo), about $10,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 98001. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$32,484/yr

At $2,707/mo median

Location

CityAuburn

StateWA

CountyKing County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (4.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+4.8% YoY, +0.5% MoM), not inventory.

Demographics

Who lives here

ZIP 98001 (Auburn, WA) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 27% of residents hold a bachelor's degree or higher.

Population

37,460

Median income

$106,791

Median age

39.2

Renters

26.1%

Age distribution

25.1%

19.5%

26.7%

15.1%

13.6%

Under 1825.1%

18–3419.5%

35–5426.7%

55–6415.1%

65+13.6%

Gender

50.8%

49.2%

Male50.8%

Female49.2%

Race & ethnicity

51.1%

16.6%

18.1%

White51.1%

Black7.7%

Hispanic16.6%

Asian18.1%

Other6.5%

Education (25+)

13.3%

27.2%

32.6%

27%

No HS diploma13.3%

HS diploma27.2%

Some college32.6%

Bachelor's+27%

Housing tenure

73.9%

26.1%

Owner73.9%

Renter26.1%

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

2022 vs 2026

How ZIP 98001 in Auburn, WA has changed in 5 years

Rent

$2,396 → $2,707

up 13.0%

Income

$95,605 → $106,791

up 11.7%

Population

35,297 → 37,460

up 6.1%

Renter share

21.8% → 26.1%

+4.3 pts

Bachelor's+

28.2% → 27%

-1.2 pts

Median age

40.4 → 39.2

-1.2 yrs

Rent in ZIP 98001 in Auburn, WA has climbed 13.0% since 2022, going from about $2,396 per month to roughly $2,707 today. On the earnings side, the typical household in ZIP 98001 in Auburn, WA now reports about $106,791, up from $95,605 in 2021. Headcount in the area went from 35,297 to 37,460 between 2021 and 2024, a 6.1% change. About 26.1% of households rent today, against 21.8% in 2021. For context, the 2022 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 98001 in Auburn, WA reflects that arc in its own way.

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About renting in ZIP 98001

Last updated: October 17, 2026

ZIP code 98001 covers Auburn, WA. The median rent here is $2,707/mo as of October 2026. A 1-bedroom rents for a median of $2,140/mo. A 2-bedroom rents for a median of $2,490/mo.

At 30% of local median household income ($106,791/yr), ZIP 98001 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 98001?

To keep rent at or below 30% of gross income, you would need to earn at least $108,000/year (about $52/hour full-time) to afford the median rent of $2,707/mo in ZIP 98001. The local median household income is $106,791/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 98001?

Rent in ZIP 98001 has risen 4.8% over the past year as of September 2026. That is the highest level since Zillow's records here began in December 2021.

How does ZIP 98001 compare to other ZIPs in Washington?

ZIP 98001 is one of the pricier among Washington ZIP codes for rent, ranking #23 of 207 at $2,707/mo. Over the year to September 2026, rent in ZIP 98001 changed +4.8%, against a typical +2.5% across the 193 Washington ZIP codes Zillow tracks.