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ZIP Code · WA

ZIP 98103

Part of Seattle, WA
Pop. 52,671·King County·72nd most expensive ZIP in Washington
Median rent (all units)
$2,212/mo
Year-over-Year
+3.9%
Month-over-Month
+1.2%
vs US Median
+$247
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 98103 · $2,212
More expensive than 70% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,690
1 BR
$1,751
2 BR
$2,038
3 BR
$2,664
4 BR+
$3,135
Research median
$2,038/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: July 20, 2026

Annual cost
$26,544/yr
At $2,212/mo median
Location
StateWA
CountyKing County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 3.9% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+3.9% YoY, +1.2% MoM), not inventory.
Demographics

Who lives here

ZIP 98103 (Seattle, WA) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 78.6% of residents hold a bachelor's degree or higher.

Population
52,671
Median income
$131,154
Median age
34.5
Renters
55.6%
Age distribution
13%
38.1%
29.2%
Under 1813%
18–3438.1%
35–5429.2%
55–648.1%
65+11.7%
Gender
48.3%
51.7%
Male48.3%
Female51.7%
Race & ethnicity
72%
White72%
Black2.2%
Hispanic7.9%
Asian11.6%
Other6.4%
Education (25+)
14.1%
78.6%
No HS diploma1.6%
HS diploma5.7%
Some college14.1%
Bachelor's+78.6%
Housing tenure
44.4%
55.6%
Owner44.4%
Renter55.6%

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

2021 vs 2026

How ZIP 98103 in Seattle, WA has changed in 5 years

Rent
$1,730 → $2,212
up 27.9%
Income
$113,443 → $131,154
up 15.6%
Population
52,210 → 52,671
up 0.9%
Renter share
55.5% → 55.6%
+0.1 pts
Bachelor's+
76% → 78.6%
+2.6 pts
Median age
33.7 → 34.5
+0.8 yrs

The median rent in ZIP 98103 in Seattle, WA stood at $1,730 in 2021 and currently runs about $2,212, reflecting a 27.9% increase over the period. On the earnings side, the typical household in ZIP 98103 in Seattle, WA now reports about $131,154, up from $113,443 in 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. College-educated residents now make up 78.6% of adults here, versus 76% in 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 98103 in Seattle, WA reflects that arc in its own way.

Community

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Local insights

Tips for renters in ZIP 98103

About renting in ZIP 98103

Last updated: July 20, 2026

ZIP code 98103 covers Seattle, WA. The median rent here is $2,212/mo as of July 2026. A 1-bedroom rents for a median of $1,751/mo. A 2-bedroom rents for a median of $2,038/mo.

At 20% of local median household income ($131,154/yr), ZIP 98103 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 98103?

As of July 20, 2026, the median monthly rent in ZIP 98103 (Seattle, WA) is $2,212. This is based on aggregated data from public sources and community submissions.

How does ZIP 98103 rent compare to the US average?

ZIP 98103's median rent of $2,212/mo is $247 (13%) above the US national median of $1,965/mo.

How does ZIP 98103 compare to other ZIPs in Washington?

ZIP 98103 falls in the middle range for Washington, ranking #72 out of 209 ZIPs at $2,212/mo.

How much income do you need to rent in ZIP 98103?

To keep rent at or below 30% of gross income, you would need to earn at least $88,000/year (~$42/hour full-time) to afford the median rent of $2,212/mo in ZIP 98103. The local median household income is $131,154/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 98103?

Rent in ZIP 98103 has increased 3.9% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 98103 an affordable place to rent?

ZIP 98103 is considered very affordable for renters. At $2,212/mo, rent takes approximately 20% of the local median household income ($131,154/yr). The standard benchmark is 30%. ZIP 98103 falls comfortably within that range.

What percentage of ZIP 98103 residents rent vs. own?

According to Census data, approximately 55.6% of ZIP 98103 households are renters, while 44.4% are owner-occupied. With a majority renter population, ZIP 98103 has a strong rental market.

How does ZIP 98103 compare to the rest of Seattle?

ZIP 98103 is more affordable than Seattle overall. At $2,212/mo, it's $12 below the Seattle citywide median of $2,224/mo.

When was rent data for ZIP 98103 last updated?

Rent data for ZIP 98103 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
20%
VERY AFFORDABLE

At $2,212/mo, rent takes ~20% of ZIP 98103's median household income ($131,154/yr). The standard benchmark is 30%.

ZIP 98103 20%Benchmark 30%
State income taxNone
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Schools nearby

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