RentDataNowRentDataNow
ZIP Code · WA

ZIP 98007

Part of Bellevue, WA
Pop. 27,692·King County·46th most expensive ZIP in Washington
Median rent (all units)
$2,390/mo
Year-over-Year
+3.1%
Month-over-Month
+1.4%
vs US Median
+$439
Rising (Monthly)
Be the first to discuss 98007 rents ↓
Most AffordableMost Expensive
ZIP 98007 · $2,390
More expensive than 76% of US ZIP codes · National median $1,951/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,825
1 BR
$1,890
2 BR
$2,203
3 BR
$2,879
4 BR+
$3,388
Research median
$2,203/mo

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

Rent trends

12-month history

Loading…

Last updated: June 22, 2026

Annual cost
$28,680/yr
At $2,390/mo median
Location
StateWA
CountyKing County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.1% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.1% YoY, +1.4% MoM), not inventory.
Demographics

Who lives here

ZIP 98007 (Bellevue, WA) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 68.6% of residents hold a bachelor's degree or higher.

Population
27,692
Median income
$131,109
Median age
33
Renters
64.4%
Age distribution
19%
34.4%
28.6%
Under 1819%
18–3434.4%
35–5428.6%
55–647.1%
65+10.9%
Gender
51.2%
48.8%
Male51.2%
Female48.8%
Race & ethnicity
30.8%
48.1%
White30.8%
Black6.7%
Hispanic11%
Asian48.1%
Other3.4%
Education (25+)
14.7%
68.6%
No HS diploma5.9%
HS diploma10.8%
Some college14.7%
Bachelor's+68.6%
Housing tenure
35.6%
64.4%
Owner35.6%
Renter64.4%

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

2021 vs 2026

How ZIP 98007 in Bellevue, WA has changed in 5 years

Rent
$1,837 → $2,390
up 30.1%
Income
$111,361 → $131,109
up 17.7%
Population
28,576 → 27,692
down 3.1%
Renter share
65.4% → 64.4%
-1.0 pts
Bachelor's+
66.5% → 68.6%
+2.1 pts

Compared with 2021, rent in ZIP 98007 in Bellevue, WA has climbed by $553 per month, settling near $2,390 after starting the period at $1,837. Local incomes tracked alongside that move, going from a median of $111,361 in 2021 to $131,109 more recently. Rent outpaced income growth by roughly 12.4 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 28,576 to 27,692 between 2021 and 2024, a 3.1% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 66.5% to 68.6%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 98007 in Bellevue, WA market of 2021.

Community

Discussions about ZIP 98007

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 98007

About renting in ZIP 98007

Last updated: June 22, 2026

ZIP code 98007 covers Bellevue, WA. The median rent here is $2,390/mo as of June 2026. A 1-bedroom rents for a median of $1,890/mo. A 2-bedroom rents for a median of $2,203/mo.

At 22% of local median household income ($131,109/yr), ZIP 98007 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 98007?

As of June 22, 2026, the median monthly rent in ZIP 98007 (Bellevue, WA) is $2,390. This is based on aggregated data from public sources and community submissions.

How does ZIP 98007 rent compare to the US average?

ZIP 98007's median rent of $2,390/mo is $439 (23%) above the US national median of $1,951/mo.

How does ZIP 98007 compare to other ZIPs in Washington?

ZIP 98007 is one of the pricier ZIP codes in Washington, ranking #46 out of 209 ZIPs tracked at $2,390/mo.

How much income do you need to rent in ZIP 98007?

To keep rent at or below 30% of gross income, you would need to earn at least $96,000/year (~$46/hour full-time) to afford the median rent of $2,390/mo in ZIP 98007. The local median household income is $131,109/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 98007?

Rent in ZIP 98007 has increased 3.1% over the past year as of June 22, 2026, putting upward pressure on renter budgets.

Is ZIP 98007 an affordable place to rent?

ZIP 98007 is considered very affordable for renters. At $2,390/mo, rent takes approximately 22% of the local median household income ($131,109/yr). The standard benchmark is 30%. ZIP 98007 falls comfortably within that range.

What percentage of ZIP 98007 residents rent vs. own?

According to Census data, approximately 64.4% of ZIP 98007 households are renters, while 35.6% are owner-occupied. With a majority renter population, ZIP 98007 has a strong rental market.

How does ZIP 98007 compare to the rest of Bellevue?

ZIP 98007 is more affordable than Bellevue overall. At $2,390/mo, it's $352 below the Bellevue citywide median of $2,742/mo.

When was rent data for ZIP 98007 last updated?

Rent data for ZIP 98007 reflects June 22, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $2,390/mo, rent takes ~22% of ZIP 98007's median household income ($131,109/yr). The standard benchmark is 30%.

ZIP 98007 22%Benchmark 30%
State income taxNone
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 98007 (Bellevue, WA)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.