ZIP Code · WA

ZIP 98029

Part of Issaquah, WA
Pop. 30,586·King County·9th most expensive ZIP in Washington
Median rent (all units)
$3,048/mo
Year-over-Year
+1.9%
Month-over-Month
+0.4%
vs US Median
+$1,116
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 98029 · $3,048
More expensive than 91% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$2,740
1 BR
$2,840
2 BR
$3,310
3 BR
$4,330
4 BR+
$5,090
Research median
$3,310/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 98029 usually run 2.9% below trend in December and 2.5% above it in June, about $165 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 98029 is at its highest level since Zillow's records here began in April 2016.

Past year vs. the rest of Washington

Rent in ZIP 98029 changed +1.9% 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 98029 rose 27.3% while median household income rose 32.2% ($129,185 to $170,759). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 98029 is 26.5% 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 8 of the last 12 months.

What a typical income covers

30% of the median household income ($170,759) is $4,269 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($3,310); a 3-bedroom is $4,330.

Cheaper nearby

ZIP 98059, 6 miles away, rents for 23% less ($2,344/mo), about $8,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 98029. 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
$36,576/yr
At $3,048/mo median
Location
StateWA
CountyKing County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (1.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+1.9% YoY, +0.4% MoM), not inventory.
Demographics

Who lives here

ZIP 98029 (Issaquah, WA) is majority owner-occupied, has a median income above the national average, 72.2% of residents hold a bachelor's degree or higher.

Population
30,586
Median income
$170,759
Median age
37.2
Renters
37.7%
Age distribution
24.1%
21.3%
33.5%
Under 1824.1%
18–3421.3%
35–5433.5%
55–649.2%
65+11.9%
Gender
46.9%
53.1%
Male46.9%
Female53.1%
Race & ethnicity
51.8%
33.5%
White51.8%
Black2%
Hispanic5.9%
Asian33.5%
Other6.8%
Education (25+)
19.4%
72.2%
No HS diploma2.1%
HS diploma6.3%
Some college19.4%
Bachelor's+72.2%
Housing tenure
62.3%
37.7%
Owner62.3%
Renter37.7%

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

2021 vs 2026

How ZIP 98029 in Issaquah, WA has changed in 5 years

Rent
$2,377 → $3,048
up 28.2%
Income
$144,880 → $170,759
up 17.9%
Population
31,480 → 30,586
down 2.8%
Renter share
35% → 37.7%
+2.7 pts
Bachelor's+
74.2% → 72.2%
-2.0 pts
Median age
36 → 37.2
+1.2 yrs

The median rent in ZIP 98029 in Issaquah, WA stood at $2,377 in 2021 and currently runs about $3,048, reflecting a 28.2% increase over the period. Census figures show median household income at $170,759 today, compared with $144,880 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 2.8% since 2021, moving from about 31,480 residents to roughly 30,586. Renters now make up 37.7% of households, compared with 35% five years ago. College-educated residents now make up 72.2% of adults here, versus 74.2% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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About renting in ZIP 98029

Last updated: October 17, 2026

ZIP code 98029 covers Issaquah, WA. The median rent here is $3,048/mo as of October 2026. A 1-bedroom rents for a median of $2,840/mo. A 2-bedroom rents for a median of $3,310/mo.

At 21% of local median household income ($170,759/yr), ZIP 98029 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 98029?

To keep rent at or below 30% of gross income, you would need to earn at least $122,000/year (about $59/hour full-time) to afford the median rent of $3,048/mo in ZIP 98029. The local median household income is $170,759/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 98029?

Rent in ZIP 98029 has risen 1.9% over the past year as of September 2026. That is the highest level since Zillow's records here began in April 2016.

When is the cheapest time to rent in ZIP 98029?

Asking rents in ZIP 98029 are usually lowest in December, about 2.9% below their yearly trend, and highest in June, about 2.5% above it. At today's median that is a gap of roughly $165 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 98029?

No. From 2019 to 2024, rent in ZIP 98029 rose 27.3% while median household income rose 32.2%, from $129,185 to $170,759. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 98029 compare to other ZIPs in Washington?

ZIP 98029 is one of the pricier among Washington ZIP codes for rent, ranking #9 of 207 at $3,048/mo. Over the year to September 2026, rent in ZIP 98029 changed +1.9%, against a typical +2.5% across the 193 Washington ZIP codes Zillow tracks.

How does ZIP 98029 compare to the rest of Issaquah?

At $3,048/mo, ZIP 98029 is $119 above the Issaquah citywide median of $2,929/mo.
Income Affordability
21%
VERY AFFORDABLE

At $3,048/mo, rent takes ~21% of ZIP 98029's median household income ($170,759/yr). The standard benchmark is 30%.

ZIP 98029 21%Benchmark 30%
State income taxNone
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