ZIP Code · WA

ZIP 98027

Part of Issaquah, WA
Pop. 28,955·King County·17th most expensive ZIP in Washington
Median rent (all units)
$2,770/mo
Year-over-Year
+4.7%
Month-over-Month
+1.1%
vs US Median
+$838
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 98027 · $2,770
More expensive than 86% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$2,420
1 BR
$2,510
2 BR
$2,920
3 BR
$3,820
4 BR+
$4,490
Research median
$2,920/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

December. Asking rents in ZIP 98027 usually run 2.2% below trend in December and 2.1% above it in July, about $119 a month apart at today's median. Based on 8 years of data.

Compared with the peak

Rent in ZIP 98027 is at its highest level since Zillow's records here began in March 2018.

Past year vs. the rest of Washington

Rent in ZIP 98027 changed +4.7% 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 98027 rose 28.5% while median household income rose 35.6% ($113,047 to $153,301). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 98027 is 34.3% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 6 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($153,301) is $3,833 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($3,820); a 4-bedroom is $4,490.

Cheaper nearby

ZIP 98059, 5 miles away, rents for 15% less ($2,344/mo), about $5,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 98027. 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
$33,240/yr
At $2,770/mo median
Location
StateWA
CountyKing County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 4.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+4.7% YoY, +1.1% MoM), not inventory.
Demographics

Who lives here

ZIP 98027 (Issaquah, WA) is majority owner-occupied, has a median income above the national average, 66.8% of residents hold a bachelor's degree or higher.

Population
28,955
Median income
$153,301
Median age
40.6
Renters
32.4%
Age distribution
19%
20.7%
31.8%
16.5%
Under 1819%
18–3420.7%
35–5431.8%
55–6412%
65+16.5%
Gender
50.4%
49.6%
Male50.4%
Female49.6%
Race & ethnicity
67.9%
15.9%
White67.9%
Black2%
Hispanic7%
Asian15.9%
Other7.2%
Education (25+)
21.5%
66.8%
No HS diploma3%
HS diploma8.7%
Some college21.5%
Bachelor's+66.8%
Housing tenure
67.6%
32.4%
Owner67.6%
Renter32.4%

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

2021 vs 2026

How ZIP 98027 in Issaquah, WA has changed in 5 years

Rent
$2,047 → $2,770
up 35.3%
Income
$128,556 → $153,301
up 19.2%
Population
27,808 → 28,955
up 4.1%
Renter share
29.7% → 32.4%
+2.7 pts
Bachelor's+
64.8% → 66.8%
+2.0 pts
Median age
41.2 → 40.6
-0.6 yrs

Across the past five years, the going rent in ZIP 98027 in Issaquah, WA has shifted from $2,047 to $2,770, up 35.3% since 2021. Household income in the area moved from $128,556 to $153,301 across the same window, up 19.2% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 98027 in Issaquah, WA adding about 1,147 residents over the five-year window, up 4.1% on net. The renter share has risen from 29.7% to 32.4%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 64.8% to 66.8% across the same window. Reading these numbers side by side helps frame whether current listings in ZIP 98027 in Issaquah, WA look reasonable against where the market sat half a decade ago.

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About renting in ZIP 98027

Last updated: October 17, 2026

ZIP code 98027 covers Issaquah, WA. The median rent here is $2,770/mo as of October 2026. A 1-bedroom rents for a median of $2,510/mo. A 2-bedroom rents for a median of $2,920/mo.

At 22% of local median household income ($153,301/yr), ZIP 98027 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 98027?

To keep rent at or below 30% of gross income, you would need to earn at least $111,000/year (about $53/hour full-time) to afford the median rent of $2,770/mo in ZIP 98027. The local median household income is $153,301/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 98027?

Rent in ZIP 98027 has risen 4.7% over the past year as of September 2026. That is the highest level since Zillow's records here began in March 2018.

When is the cheapest time to rent in ZIP 98027?

Asking rents in ZIP 98027 are usually lowest in December, about 2.2% below their yearly trend, and highest in July, about 2.1% above it. At today's median that is a gap of roughly $119 a month. This pattern comes from 8 years of Zillow rent data.

Has rent outpaced income in ZIP 98027?

No. From 2019 to 2024, rent in ZIP 98027 rose 28.5% while median household income rose 35.6%, from $113,047 to $153,301. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 98027 compare to other ZIPs in Washington?

ZIP 98027 is one of the pricier among Washington ZIP codes for rent, ranking #17 of 207 at $2,770/mo. Over the year to September 2026, rent in ZIP 98027 changed +4.7%, against a typical +2.5% across the 193 Washington ZIP codes Zillow tracks.

How does ZIP 98027 compare to the rest of Issaquah?

At $2,770/mo, ZIP 98027 is $159 below the Issaquah citywide median of $2,929/mo.
Income Affordability
22%
VERY AFFORDABLE

At $2,770/mo, rent takes ~22% of ZIP 98027's median household income ($153,301/yr). The standard benchmark is 30%.

ZIP 98027 22%Benchmark 30%
State income taxNone
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