RentDataNowRentDataNow
ZIP Code · WA

ZIP 98045

Pop. 15,289·King County·9th most expensive ZIP in Washington
Median rent (all units)
$3,225/mo
Year-over-Year
+30.7%
Month-over-Month
-1.4%
vs US Median
+$1,263
Falling (Monthly)
Be the first to discuss 98045 rents ↓
Most AffordableMost Expensive
ZIP 98045 · $3,225
More expensive than 93% of US ZIP codes · National median $1,962/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$2,210
1 BR
$2,280
2 BR
$2,660
3 BR
$3,480
4 BR+
$4,090
Research median
$2,660/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: August 17, 2026

Annual cost
$38,700/yr
At $3,225/mo median
Location
StateWA
CountyKing County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 30.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+30.7% YoY, -1.4% MoM), not inventory.
Demographics

Who lives here

ZIP 98045 (North Bend, WA) is majority owner-occupied, has a median income above the national average, 56.6% of residents hold a bachelor's degree or higher.

Population
15,289
Median income
$175,765
Median age
40.4
Renters
16.3%
Age distribution
23.5%
17.6%
33.5%
13%
12.5%
Under 1823.5%
18–3417.6%
35–5433.5%
55–6413%
65+12.5%
Gender
50.2%
49.8%
Male50.2%
Female49.8%
Race & ethnicity
77.5%
White77.5%
Black0.6%
Hispanic9.2%
Asian5%
Other7.7%
Education (25+)
14.8%
25%
56.6%
No HS diploma3.5%
HS diploma14.8%
Some college25%
Bachelor's+56.6%
Housing tenure
83.7%
16.3%
Owner83.7%
Renter16.3%

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

2021 vs 2026

How ZIP 98045 in North Bend, WA has changed in 5 years

Income
$123,651 → $175,765
up 42.1%
Population
15,611 → 15,289
down 2.1%
Renter share
18.8% → 16.3%
-2.5 pts
Bachelor's+
48.9% → 56.6%
+7.7 pts
Median age
39.4 → 40.4
+1.0 yrs

Local incomes tracked alongside that move, going from a median of $123,651 in 2021 to $175,765 more recently. The population has contracted by 2.1% since 2021, moving from about 15,611 residents to roughly 15,289. Renters now make up 16.3% of households, compared with 18.8% five years ago. College-educated residents now make up 56.6% of adults here, versus 48.9% in 2021.

Community

Discussions about ZIP 98045

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 98045

About renting in ZIP 98045

Last updated: August 17, 2026

ZIP code 98045 covers North Bend, WA. The median rent here is $3,225/mo as of August 2026. A 1-bedroom rents for a median of $2,280/mo. A 2-bedroom rents for a median of $2,660/mo.

At 22% of local median household income ($175,765/yr), ZIP 98045 ranks as affordable compared to the national benchmark of 30%. Rents have increased 30.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 98045?

As of August 17, 2026, the median monthly rent in ZIP 98045 (North Bend, WA) is $3,225. This is based on aggregated data from public sources and community submissions.

How does ZIP 98045 rent compare to the US average?

ZIP 98045's median rent of $3,225/mo is $1,263 (64%) above the US national median of $1,962/mo.

How does ZIP 98045 compare to other ZIPs in Washington?

ZIP 98045 is one of the pricier ZIP codes in Washington, ranking #9 out of 207 ZIPs tracked at $3,225/mo.

How much income do you need to rent in ZIP 98045?

To keep rent at or below 30% of gross income, you would need to earn at least $129,000/year (~$62/hour full-time) to afford the median rent of $3,225/mo in ZIP 98045. The local median household income is $175,765/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 98045?

Rent in ZIP 98045 has increased 30.7% over the past year as of August 17, 2026, putting upward pressure on renter budgets.

Is ZIP 98045 an affordable place to rent?

ZIP 98045 is considered very affordable for renters. At $3,225/mo, rent takes approximately 22% of the local median household income ($175,765/yr). The standard benchmark is 30%. ZIP 98045 falls comfortably within that range.

What percentage of ZIP 98045 residents rent vs. own?

According to Census data, approximately 16.3% of ZIP 98045 households are renters, while 83.7% are owner-occupied. ZIP 98045 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 98045 compare to the rest of North Bend?

ZIP 98045 sits right at the North Bend citywide median of $3,225/mo.

When was rent data for ZIP 98045 last updated?

Rent data for ZIP 98045 reflects August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $3,225/mo, rent takes ~22% of ZIP 98045's median household income ($175,765/yr). The standard benchmark is 30%.

ZIP 98045 22%Benchmark 30%
State income taxNone
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 98045 (North Bend, WA)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.