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ZIP Code · WA

ZIP 98006

Part of Bellevue, WA
Pop. 40,009·King County·2nd most expensive ZIP in Washington
Median rent (all units)
$3,765/mo
Year-over-Year
+2.8%
Month-over-Month
+0.3%
vs US Median
+$1,814
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 98006 · $3,765
More expensive than 96% of US ZIP codes · National median $1,951/mo
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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

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Last updated: June 22, 2026

Annual cost
$45,180/yr
At $3,765/mo median
Location
StateWA
CountyKing County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.8% YoY, +0.3% 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
$2,878 → $3,765
up 30.8%
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 $2,878 to $3,765, up 30.8% 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

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Local insights

Tips for renters in ZIP 98006

About renting in ZIP 98006

Last updated: June 22, 2026

ZIP code 98006 covers Bellevue, WA. The median rent here is $3,765/mo as of June 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 2.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 98006?

As of June 22, 2026, the median monthly rent in ZIP 98006 (Bellevue, WA) is $3,765. This is based on aggregated data from public sources and community submissions.

How does ZIP 98006 rent compare to the US average?

ZIP 98006's median rent of $3,765/mo is $1,814 (93%) above the US national median of $1,951/mo.

How does ZIP 98006 compare to other ZIPs in Washington?

ZIP 98006 is one of the pricier ZIP codes in Washington, ranking #2 out of 209 ZIPs tracked at $3,765/mo.

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 $151,000/year (~$73/hour full-time) to afford the median rent of $3,765/mo in ZIP 98006. The local median household income is $198,150/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 98006?

Rent in ZIP 98006 has increased 2.8% over the past year as of June 22, 2026, putting upward pressure on renter budgets.

Is ZIP 98006 an affordable place to rent?

ZIP 98006 is considered very affordable for renters. At $3,765/mo, rent takes approximately 23% of the local median household income ($198,150/yr). The standard benchmark is 30%. ZIP 98006 falls comfortably within that range.

What percentage of ZIP 98006 residents rent vs. own?

According to Census data, approximately 20.2% of ZIP 98006 households are renters, while 79.8% are owner-occupied. ZIP 98006 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 98006 compare to the rest of Bellevue?

ZIP 98006 is pricier than Bellevue as a whole. At $3,765/mo, it's $1,023 above the Bellevue citywide median of $2,742/mo.

When was rent data for ZIP 98006 last updated?

Rent data for ZIP 98006 reflects June 22, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
23%
VERY AFFORDABLE

At $3,765/mo, rent takes ~23% of ZIP 98006's median household income ($198,150/yr). The standard benchmark is 30%.

ZIP 98006 23%Benchmark 30%
State income taxNone
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Schools nearby

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