RentDataNowRentDataNow
ZIP Code · WA

ZIP 98056

Part of Renton, WA
Pop. 35,849·King County·61st most expensive ZIP in Washington
Median rent (all units)
$2,270/mo
Year-over-Year
+2.9%
Month-over-Month
+1.3%
vs US Median
+$305
Rising (Monthly)
Be the first to discuss 98056 rents ↓
Most AffordableMost Expensive
ZIP 98056 · $2,270
More expensive than 72% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$2,060
1 BR
$2,130
2 BR
$2,480
3 BR
$3,240
4 BR+
$3,810
Research median
$2,480/mo

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

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$27,240/yr
At $2,270/mo median
Location
CityRenton
StateWA
CountyKing County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.9% YoY, +1.3% MoM), not inventory.
Demographics

Who lives here

ZIP 98056 (Renton, WA) is roughly split between renters and owners, has a median income above the national average, 43.6% of residents hold a bachelor's degree or higher.

Population
35,849
Median income
$113,688
Median age
39
Renters
45.7%
Age distribution
18.4%
25.1%
27%
13.7%
15.8%
Under 1818.4%
18–3425.1%
35–5427%
55–6413.7%
65+15.8%
Gender
49.8%
50.2%
Male49.8%
Female50.2%
Race & ethnicity
44.2%
13.4%
28.2%
White44.2%
Black7.5%
Hispanic13.4%
Asian28.2%
Other6.7%
Education (25+)
17.6%
27.7%
43.6%
No HS diploma11.1%
HS diploma17.6%
Some college27.7%
Bachelor's+43.6%
Housing tenure
54.3%
45.7%
Owner54.3%
Renter45.7%

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

2021 vs 2026

How ZIP 98056 in Renton, WA has changed in 5 years

Rent
$1,787 → $2,270
up 27.0%
Income
$95,088 → $113,688
up 19.6%
Population
36,950 → 35,849
down 3.0%
Renter share
43.7% → 45.7%
+2.0 pts
Bachelor's+
42.4% → 43.6%
+1.2 pts
Median age
37.8 → 39
+1.2 yrs

Since 2021, the typical rent in ZIP 98056 in Renton, WA has climbed from $1,787 to $2,270, a 27.0% change over five years. Census figures show median household income at $113,688 today, compared with $95,088 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 3.0% since 2021, moving from about 36,950 residents to roughly 35,849. Renters now make up 45.7% of households, compared with 43.7% five years ago. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

Discussions about ZIP 98056

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 98056

About renting in ZIP 98056

Last updated: July 20, 2026

ZIP code 98056 covers Renton, WA. The median rent here is $2,270/mo as of July 2026. A 1-bedroom rents for a median of $2,130/mo. A 2-bedroom rents for a median of $2,480/mo.

At 24% of local median household income ($113,688/yr), ZIP 98056 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 98056?

As of July 20, 2026, the median monthly rent in ZIP 98056 (Renton, WA) is $2,270. This is based on aggregated data from public sources and community submissions.

How does ZIP 98056 rent compare to the US average?

ZIP 98056's median rent of $2,270/mo is $305 (16%) above the US national median of $1,965/mo.

How does ZIP 98056 compare to other ZIPs in Washington?

ZIP 98056 is one of the pricier ZIP codes in Washington, ranking #61 out of 209 ZIPs tracked at $2,270/mo.

How much income do you need to rent in ZIP 98056?

To keep rent at or below 30% of gross income, you would need to earn at least $91,000/year (~$44/hour full-time) to afford the median rent of $2,270/mo in ZIP 98056. The local median household income is $113,688/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 98056?

Rent in ZIP 98056 has increased 2.9% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 98056 an affordable place to rent?

ZIP 98056 is considered very affordable for renters. At $2,270/mo, rent takes approximately 24% of the local median household income ($113,688/yr). The standard benchmark is 30%. ZIP 98056 falls comfortably within that range.

What percentage of ZIP 98056 residents rent vs. own?

According to Census data, approximately 45.7% of ZIP 98056 households are renters, while 54.3% are owner-occupied. ZIP 98056 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 98056 compare to the rest of Renton?

ZIP 98056 is pricier than Renton as a whole. At $2,270/mo, it's $79 above the Renton citywide median of $2,191/mo.

When was rent data for ZIP 98056 last updated?

Rent data for ZIP 98056 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
24%
VERY AFFORDABLE

At $2,270/mo, rent takes ~24% of ZIP 98056's median household income ($113,688/yr). The standard benchmark is 30%.

ZIP 98056 24%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 98056 (Renton, WA)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.