ZIP Code · WA

ZIP 98011

Part of Bothell, WA
Pop. 28,963·King County·69th most expensive ZIP in Washington
Median rent (all units)
$2,221/mo
Year-over-Year
+1.1%
Month-over-Month
+0.2%
vs US Median
+$289
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 98011 · $2,221
More expensive than 71% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,698
1 BR
$1,758
2 BR
$2,046
3 BR
$2,675
4 BR+
$3,145
Research median
$2,046/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

Cheapest month to sign

January. Asking rents in ZIP 98011 usually run 1.9% below trend in January and 1.6% above it in July, about $78 a month apart at today's median. Based on 8 years of data.

Compared with the peak

Rent in ZIP 98011 is at its highest level since Zillow's records here began in October 2018.

Past year vs. the rest of Washington

Rent in ZIP 98011 changed +1.1% 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 98011 rose 26.7% while median household income rose 34% ($98,268 to $131,667). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 98011 is 26.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 2 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($131,667) is $3,292 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,700); a 3-bedroom is $3,530.

Rank in Bothell

1st cheapest of 3 ZIP codes in Bothell.

Cheaper nearby

ZIP 98125, 5 miles away, rents for 14% less ($1,914/mo), about $3,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 98011. 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
$26,652/yr
At $2,221/mo median
Location
StateWA
CountyKing County
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 (+1.1% YoY, +0.2% MoM), not inventory.
Demographics

Who lives here

ZIP 98011 (Bothell, WA) is majority owner-occupied, has a median income above the national average, 60.5% of residents hold a bachelor's degree or higher.

Population
28,963
Median income
$131,667
Median age
38.3
Renters
42.1%
Age distribution
21.7%
22.1%
30%
15.2%
Under 1821.7%
18–3422.1%
35–5430%
55–6411%
65+15.2%
Gender
48.2%
51.8%
Male48.2%
Female51.8%
Race & ethnicity
67.9%
17.6%
White67.9%
Black0.7%
Hispanic7.9%
Asian17.6%
Other5.9%
Education (25+)
26%
60.5%
No HS diploma4.2%
HS diploma9.3%
Some college26%
Bachelor's+60.5%
Housing tenure
57.9%
42.1%
Owner57.9%
Renter42.1%

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

2021 vs 2026

How ZIP 98011 in Bothell, WA has changed in 5 years

Rent
$1,752 → $2,221
up 26.8%
Income
$107,109 → $131,667
up 22.9%
Population
27,396 → 28,963
up 5.7%
Renter share
40.6% → 42.1%
+1.5 pts
Bachelor's+
57.7% → 60.5%
+2.8 pts
Median age
37.7 → 38.3
+0.6 yrs

Across the past five years, the going rent in ZIP 98011 in Bothell, WA has shifted from $1,752 to $2,221, up 26.8% since 2021. On the earnings side, the typical household in ZIP 98011 in Bothell, WA now reports about $131,667, up from $107,109 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 98011 in Bothell, WA adding about 1,567 residents over the five-year window, up 5.7% on net. The renter share has risen from 40.6% to 42.1%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 57.7% to 60.5% across the same window. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 98011 in Bothell, WA reflects that arc in its own way.

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Local insights

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About renting in ZIP 98011

Last updated: October 17, 2026

ZIP code 98011 covers Bothell, WA. The median rent here is $2,221/mo as of October 2026. A 1-bedroom rents for a median of $1,758/mo. A 2-bedroom rents for a median of $2,046/mo.

At 20% of local median household income ($131,667/yr), ZIP 98011 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 98011?

To keep rent at or below 30% of gross income, you would need to earn at least $89,000/year (about $43/hour full-time) to afford the median rent of $2,221/mo in ZIP 98011. The local median household income is $131,667/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 98011?

Rent in ZIP 98011 has risen 1.1% over the past year as of September 2026. That is the highest level since Zillow's records here began in October 2018.

When is the cheapest time to rent in ZIP 98011?

Asking rents in ZIP 98011 are usually lowest in January, about 1.9% below their yearly trend, and highest in July, about 1.6% above it. At today's median that is a gap of roughly $78 a month. This pattern comes from 8 years of Zillow rent data.

Has rent outpaced income in ZIP 98011?

No. From 2019 to 2024, rent in ZIP 98011 rose 26.7% while median household income rose 34%, from $98,268 to $131,667. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 98011 compare to other ZIPs in Washington?

ZIP 98011 is one of the pricier among Washington ZIP codes for rent, ranking #69 of 207 at $2,221/mo. Over the year to September 2026, rent in ZIP 98011 changed +1.1%, against a typical +2.5% across the 193 Washington ZIP codes Zillow tracks.

How does ZIP 98011 compare to the rest of Bothell?

At $2,221/mo, ZIP 98011 is $302 below the Bothell citywide median of $2,523/mo. It is the 1st cheapest of 3 ZIP codes in Bothell.
Income Affordability
20%
VERY AFFORDABLE

At $2,221/mo, rent takes ~20% of ZIP 98011's median household income ($131,667/yr). The standard benchmark is 30%.

ZIP 98011 20%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 98011 (Bothell, WA)

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