ZIP Code · WA

ZIP 98020

Part of Edmonds, WA

Pop. 19,551·Snohomish County·64th most expensive ZIP in Washington

Median rent (all units)

$2,261/mo

Year-over-Year

+6.0%

Month-over-Month

+0.2%

vs US Median

+$329

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 98020 · $2,261

More expensive than 72% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

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: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Washington

Rent in ZIP 98020 changed +6.1% over the year to September 2026. Across the 193 Washington ZIP codes Zillow tracks, the typical change was +2.5%.

Recent direction

Rent has risen 4 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($130,319) is $3,258 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($3,110); a 4-bedroom is $3,660.

Cheaper nearby

ZIP 98036, 4 miles away, rents for 11% less ($2,013/mo), about $3,000 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 98020. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$27,132/yr

At $2,261/mo median

Location

CityEdmonds

StateWA

CountySnohomish County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 6.0% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+6.0% YoY, +0.2% 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

Discussions about ZIP 98020

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Local insights

Tips for renters in ZIP 98020

About renting in ZIP 98020

Last updated: October 17, 2026

ZIP code 98020 covers Edmonds, WA. The median rent here is $2,261/mo as of October 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 6.0% over the past year.

FAQ

Frequently asked questions

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 $90,000/year (about $43/hour full-time) to afford the median rent of $2,261/mo in ZIP 98020. The local median household income is $130,319/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 98020?

Rent in ZIP 98020 has risen 6.0% over the past year.

How does ZIP 98020 compare to other ZIPs in Washington?

ZIP 98020 is one of the pricier among Washington ZIP codes for rent, ranking #64 of 207 at $2,261/mo. Over the year to September 2026, rent in ZIP 98020 changed +6.1%, against a typical +2.5% across the 193 Washington ZIP codes Zillow tracks.