ZIP Code · WA

ZIP 98102

Part of Seattle, WA
Pop. 27,333·King County·126th most expensive ZIP in Washington
Median rent (all units)
$1,958/mo
Year-over-Year
+0.8%
Month-over-Month
Stable
vs US Median
+$26
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 98102 · $1,958
More expensive than 59% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,493
1 BR
$1,549
2 BR
$1,803
3 BR
$2,361
4 BR+
$2,776
Research median
$1,803/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

January. Asking rents in ZIP 98102 usually run 2.1% below trend in January and 2.3% above it in August, about $86 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 98102 is 0% below its high of $1,958 in August 2026, at $1,958 as of September 2026.

Past year vs. the rest of Washington

Rent in ZIP 98102 changed +0.8% 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 98102 rose 8.9% while median household income rose 25.6% ($91,466 to $114,925). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 98102 is 10.2% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

What a typical income covers

30% of the median household income ($114,925) is $2,873 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,500); a 2-bedroom is $2,910.

Rank in Seattle

3rd cheapest of 22 ZIP codes in Seattle.

From Zillow's monthly rent index (ZORI) for ZIP 98102. 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
$23,496/yr
At $1,958/mo median
Location
StateWA
CountyKing County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.8% YoY, +0.0% MoM), not inventory.
Demographics

Who lives here

ZIP 98102 (Seattle, WA) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 76.8% of residents hold a bachelor's degree or higher.

Population
27,333
Median income
$114,925
Median age
33.8
Renters
73%
Age distribution
49.1%
30.1%
Under 185.3%
18–3449.1%
35–5430.1%
55–647.7%
65+7.8%
Gender
54.4%
45.6%
Male54.4%
Female45.6%
Race & ethnicity
68.8%
White68.8%
Black1.9%
Hispanic8.7%
Asian11.9%
Other8.7%
Education (25+)
16.5%
76.8%
No HS diploma1%
HS diploma5.8%
Some college16.5%
Bachelor's+76.8%
Housing tenure
27%
73%
Owner27%
Renter73%

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

2021 vs 2026

How ZIP 98102 in Seattle, WA has changed in 5 years

Rent
$1,594 → $1,958
up 22.8%
Income
$102,466 → $114,925
up 12.2%
Population
25,396 → 27,333
up 7.6%
Renter share
75.3% → 73%
-2.3 pts
Bachelor's+
81.1% → 76.8%
-4.3 pts
Median age
33.3 → 33.8
+0.5 yrs

Since 2021, the typical rent in ZIP 98102 in Seattle, WA has increased from $1,594 to $1,958, a 22.8% change over five years. Median household income rose from $102,466 to $114,925 between 2021 and 2024, a 12.2% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 7.6% since 2021, moving from about 25,396 residents to roughly 27,333. Renters now make up 73% of households, compared with 75.3% five years ago. College-educated residents now make up 76.8% of adults here, versus 81.1% in 2021. Taken together, the five-year picture in ZIP 98102 in Seattle, WA reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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About renting in ZIP 98102

Last updated: October 17, 2026

ZIP code 98102 covers Seattle, WA. The median rent here is $1,958/mo as of October 2026. A 1-bedroom rents for a median of $1,549/mo. A 2-bedroom rents for a median of $1,803/mo.

At 20% of local median household income ($114,925/yr), ZIP 98102 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 98102?

To keep rent at or below 30% of gross income, you would need to earn at least $78,000/year (about $38/hour full-time) to afford the median rent of $1,958/mo in ZIP 98102. The local median household income is $114,925/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 98102?

Rent in ZIP 98102 has risen 0.8% over the past year as of September 2026. It sits 0% below its high of $1,958 in August 2026.

When is the cheapest time to rent in ZIP 98102?

Asking rents in ZIP 98102 are usually lowest in January, about 2.1% below their yearly trend, and highest in August, about 2.3% above it. At today's median that is a gap of roughly $86 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 98102?

No. From 2019 to 2024, rent in ZIP 98102 rose 8.9% while median household income rose 25.6%, from $91,466 to $114,925. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 98102 compare to other ZIPs in Washington?

ZIP 98102 is in the middle among Washington ZIP codes for rent, ranking #126 of 207 at $1,958/mo. Over the year to September 2026, rent in ZIP 98102 changed +0.8%, against a typical +2.5% across the 193 Washington ZIP codes Zillow tracks.

How does ZIP 98102 compare to the rest of Seattle?

At $1,958/mo, ZIP 98102 is $269 below the Seattle citywide median of $2,227/mo. It is the 3rd cheapest of 22 ZIP codes in Seattle.
Income Affordability
20%
VERY AFFORDABLE

At $1,958/mo, rent takes ~20% of ZIP 98102's median household income ($114,925/yr). The standard benchmark is 30%.

ZIP 98102 20%Benchmark 30%
State income taxNone
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