ZIP Code · WA

ZIP 98006

Part of Bellevue, WA

Pop. 40,009·King County·2nd most expensive ZIP in Washington

Median rent (all units)

$3,757/mo

Year-over-Year

+3.3%

Month-over-Month

+0.4%

vs US Median

+$1,825

Reported rents

Stable (Monthly)

Be the first to discuss 98006 rents ↓

Most AffordableMost Expensive

ZIP 98006 · $3,757

More expensive than 97% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$2,950

1 BR

$3,050

2 BR

$3,560

3 BR

$4,660

4 BR+

$5,480

Research median

$3,560/mo

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

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

December. Asking rents in ZIP 98006 usually run 2.3% below trend in December and 1.7% above it in July, about $150 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 98006 is 0.1% below its high of $3,760 in July 2026, at $3,757 as of September 2026.

Past year vs. the rest of Washington

Rent in ZIP 98006 changed +3.3% over the year to September 2026. Across the 193 Washington ZIP codes Zillow tracks, the typical change was +2.5%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 98006 rose 31.7% while median household income rose 37.4% ($144,247 to $198,150). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 98006 is 36% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($198,150) is $4,954 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($4,660); a 4-bedroom is $5,480.

Rank in Bellevue

4th cheapest of 5 ZIP codes in Bellevue.

Cheaper nearby

ZIP 98056, 4 miles away, rents for 38% less ($2,314/mo), about $17,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 98006. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$45,084/yr

At $3,757/mo median

Location

CityBellevue

StateWA

CountyKing County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (3.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+3.3% YoY, +0.4% MoM), not inventory.

Demographics

Who lives here

ZIP 98006 (Bellevue, WA) is majority owner-occupied, has a median income above the national average, 72.8% of residents hold a bachelor's degree or higher.

Population

40,009

Median income

$198,150

Median age

42.7

Renters

20.2%

Age distribution

22.9%

17.4%

28.9%

15.1%

15.8%

Under 1822.9%

18–3417.4%

35–5428.9%

55–6415.1%

65+15.8%

Gender

49.1%

50.9%

Male49.1%

Female50.9%

Race & ethnicity

41.2%

44.2%

White41.2%

Black2.1%

Hispanic8.1%

Asian44.2%

Other4.3%

Education (25+)

16.1%

72.8%

No HS diploma4.1%

HS diploma7%

Some college16.1%

Bachelor's+72.8%

Housing tenure

79.8%

20.2%

Owner79.8%

Renter20.2%

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

2021 vs 2026

How ZIP 98006 in Bellevue, WA has changed in 5 years

Rent

$2,802 → $3,757

up 34.1%

Income

$170,328 → $198,150

up 16.3%

Population

39,595 → 40,009

up 1.0%

Renter share

20.6% → 20.2%

-0.4 pts

Bachelor's+

70.9% → 72.8%

+1.9 pts

Across the past five years, the going rent in ZIP 98006 in Bellevue, WA has shifted from $2,802 to $3,757, up 34.1% since 2021. Household income in the area moved from $170,328 to $198,150 across the same window, up 16.3% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 98006 in Bellevue, WA adding about 414 residents over the five-year window, up 1.0% on net. Reading these numbers side by side helps frame whether current listings in ZIP 98006 in Bellevue, WA look reasonable against where the market sat half a decade ago.

Community

Discussions about ZIP 98006

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 98006

About renting in ZIP 98006

Last updated: October 17, 2026

ZIP code 98006 covers Bellevue, WA. The median rent here is $3,757/mo as of October 2026. A 1-bedroom rents for a median of $3,050/mo. A 2-bedroom rents for a median of $3,560/mo.

At 23% of local median household income ($198,150/yr), ZIP 98006 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 98006?

To keep rent at or below 30% of gross income, you would need to earn at least $150,000/year (about $72/hour full-time) to afford the median rent of $3,757/mo in ZIP 98006. The local median household income is $198,150/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 98006?

Rent in ZIP 98006 has risen 3.3% over the past year as of September 2026. It sits 0.1% below its high of $3,760 in July 2026.

When is the cheapest time to rent in ZIP 98006?

Asking rents in ZIP 98006 are usually lowest in December, about 2.3% below their yearly trend, and highest in July, about 1.7% above it. At today's median that is a gap of roughly $150 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 98006?

No. From 2019 to 2024, rent in ZIP 98006 rose 31.7% while median household income rose 37.4%, from $144,247 to $198,150. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 98006 compare to other ZIPs in Washington?

ZIP 98006 is one of the pricier among Washington ZIP codes for rent, ranking #2 of 207 at $3,757/mo. Over the year to September 2026, rent in ZIP 98006 changed +3.3%, against a typical +2.5% across the 193 Washington ZIP codes Zillow tracks.