ZIP Code · WA

ZIP 98092

Pop. 50,224·King County·90th most expensive ZIP in Washington
Median rent (all units)
$2,085/mo
Year-over-Year
+3.7%
Month-over-Month
+0.6%
vs US Median
+$153
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 98092 · $2,085
More expensive than 65% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,840
1 BR
$1,930
2 BR
$2,280
3 BR
$3,010
4 BR+
$3,510
Research median
$2,280/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

February. Asking rents in ZIP 98092 usually run 1.2% below trend in February and 1.3% above it in June, about $52 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 98092 is at its highest level since Zillow's records here began in February 2021.

Past year vs. the rest of Washington

Rent in ZIP 98092 changed +3.7% 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 6 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($122,300) is $3,058 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($3,010); a 4-bedroom is $3,510.

Cheaper nearby

ZIP 98002, 5 miles away, rents for 11% less ($1,865/mo), about $2,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 98092. 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
$25,020/yr
At $2,085/mo median
Location
StateWA
CountyKing County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.7% YoY, +0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 98092 (Zcta 98092, WA) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 35.6% of residents hold a bachelor's degree or higher.

Population
50,224
Median income
$122,300
Median age
36.5
Renters
25.7%
Age distribution
25.8%
21.3%
29.5%
12.5%
Under 1825.8%
18–3421.3%
35–5429.5%
55–6412.5%
65+10.9%
Gender
51.3%
48.7%
Male51.3%
Female48.7%
Race & ethnicity
56.7%
16.3%
14%
White56.7%
Black4.2%
Hispanic16.3%
Asian14%
Other8.8%
Education (25+)
24.2%
33%
35.6%
No HS diploma7.1%
HS diploma24.2%
Some college33%
Bachelor's+35.6%
Housing tenure
74.3%
25.7%
Owner74.3%
Renter25.7%

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

2021 vs 2026

How ZIP 98092 in Zcta 98092, WA has changed in 5 years

Rent
$1,625 → $2,085
up 28.3%
Income
$101,725 → $122,300
up 20.2%
Population
50,845 → 50,224
down 1.2%
Renter share
27.2% → 25.7%
-1.5 pts
Bachelor's+
34.7% → 35.6%
+0.9 pts
Median age
35.9 → 36.5
+0.6 yrs

Since 2021, the typical rent in ZIP 98092 in Zcta 98092, WA has climbed from $1,625 to $2,085, a 28.3% change over five years. Household income in the area moved from $101,725 to $122,300 across the same window, up 20.2% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 1.2% since 2021, moving from about 50,845 residents to roughly 50,224. Renters now make up 25.7% of households, compared with 27.2% five years ago. Reading these numbers side by side helps frame whether current listings in ZIP 98092 in Zcta 98092, WA look reasonable against where the market sat half a decade ago.

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About renting in ZIP 98092

Last updated: October 17, 2026

ZIP code 98092 covers Zcta 98092, WA. The median rent here is $2,085/mo as of October 2026. A 1-bedroom rents for a median of $1,930/mo. A 2-bedroom rents for a median of $2,280/mo.

At 20% of local median household income ($122,300/yr), ZIP 98092 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 98092?

To keep rent at or below 30% of gross income, you would need to earn at least $83,000/year (about $40/hour full-time) to afford the median rent of $2,085/mo in ZIP 98092. The local median household income is $122,300/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 98092?

Rent in ZIP 98092 has risen 3.7% over the past year as of September 2026. That is the highest level since Zillow's records here began in February 2021.

When is the cheapest time to rent in ZIP 98092?

Asking rents in ZIP 98092 are usually lowest in February, about 1.2% below their yearly trend, and highest in June, about 1.3% above it. At today's median that is a gap of roughly $52 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 98092 compare to other ZIPs in Washington?

ZIP 98092 is in the middle among Washington ZIP codes for rent, ranking #90 of 207 at $2,085/mo. Over the year to September 2026, rent in ZIP 98092 changed +3.7%, against a typical +2.5% across the 193 Washington ZIP codes Zillow tracks.
Income Affordability
20%
VERY AFFORDABLE

At $2,085/mo, rent takes ~20% of ZIP 98092's median household income ($122,300/yr). The standard benchmark is 30%.

ZIP 98092 20%Benchmark 30%
State income taxNone
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