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ZIP Code · WA

ZIP 98020

Part of Edmonds, WA
Pop. 19,551·Snohomish County·58th most expensive ZIP in Washington
Median rent (all units)
$2,294/mo
Year-over-Year
+7.0%
Month-over-Month
+4.5%
vs US Median
+$329
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 98020 · $2,294
More expensive than 73% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,970
1 BR
$2,040
2 BR
$2,380
3 BR
$3,110
4 BR+
$3,660
Research median
$2,380/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: July 20, 2026

Annual cost
$27,528/yr
At $2,294/mo median
Location
StateWA
CountySnohomish County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 7.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+7.0% YoY, +4.5% MoM), not inventory.
Demographics

Who lives here

ZIP 98020 (Edmonds, WA) is majority owner-occupied, has a large retiree population, has a median income above the national average, 61.7% of residents hold a bachelor's degree or higher.

Population
19,551
Median income
$130,319
Median age
51.2
Renters
25.1%
Age distribution
16.2%
12.5%
26.9%
15.3%
29.1%
Under 1816.2%
18–3412.5%
35–5426.9%
55–6415.3%
65+29.1%
Gender
46.3%
53.7%
Male46.3%
Female53.7%
Race & ethnicity
84.7%
White84.7%
Black0.6%
Hispanic5.3%
Asian5.2%
Other4.3%
Education (25+)
25.1%
61.7%
No HS diploma1.4%
HS diploma11.8%
Some college25.1%
Bachelor's+61.7%
Housing tenure
74.9%
25.1%
Owner74.9%
Renter25.1%

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

2021 vs 2026

How ZIP 98020 in Edmonds, WA has changed in 5 years

Income
$102,266 → $130,319
up 27.4%
Population
18,594 → 19,551
up 5.1%
Renter share
26.4% → 25.1%
-1.3 pts
Bachelor's+
57.7% → 61.7%
+4.0 pts

Local incomes tracked alongside that move, going from a median of $102,266 in 2021 to $130,319 more recently. The population has grown by 5.1% since 2021, moving from about 18,594 residents to roughly 19,551. College-educated residents now make up 61.7% of adults here, versus 57.7% in 2021.

Community

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Local insights

Tips for renters in ZIP 98020

About renting in ZIP 98020

Last updated: July 20, 2026

ZIP code 98020 covers Edmonds, WA. The median rent here is $2,294/mo as of July 2026. A 1-bedroom rents for a median of $2,040/mo. A 2-bedroom rents for a median of $2,380/mo.

At 21% of local median household income ($130,319/yr), ZIP 98020 ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 98020?

As of July 20, 2026, the median monthly rent in ZIP 98020 (Edmonds, WA) is $2,294. This is based on aggregated data from public sources and community submissions.

How does ZIP 98020 rent compare to the US average?

ZIP 98020's median rent of $2,294/mo is $329 (17%) above the US national median of $1,965/mo.

How does ZIP 98020 compare to other ZIPs in Washington?

ZIP 98020 is one of the pricier ZIP codes in Washington, ranking #58 out of 209 ZIPs tracked at $2,294/mo.

How much income do you need to rent in ZIP 98020?

To keep rent at or below 30% of gross income, you would need to earn at least $92,000/year (~$44/hour full-time) to afford the median rent of $2,294/mo in ZIP 98020. The local median household income is $130,319/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 98020?

Rent in ZIP 98020 has increased 7.0% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 98020 an affordable place to rent?

ZIP 98020 is considered very affordable for renters. At $2,294/mo, rent takes approximately 21% of the local median household income ($130,319/yr). The standard benchmark is 30%. ZIP 98020 falls comfortably within that range.

What percentage of ZIP 98020 residents rent vs. own?

According to Census data, approximately 25.1% of ZIP 98020 households are renters, while 74.9% are owner-occupied. ZIP 98020 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 98020 compare to the rest of Edmonds?

ZIP 98020 is more affordable than Edmonds overall. At $2,294/mo, it's $7 below the Edmonds citywide median of $2,301/mo.

When was rent data for ZIP 98020 last updated?

Rent data for ZIP 98020 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
21%
VERY AFFORDABLE

At $2,294/mo, rent takes ~21% of ZIP 98020's median household income ($130,319/yr). The standard benchmark is 30%.

ZIP 98020 21%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 98020 (Edmonds, WA)

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