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ZIP Code · WA

ZIP 98104

Part of Seattle, WA
Pop. 16,542·King County·96th most expensive ZIP in Washington
Median rent (all units)
$2,075/mo
Year-over-Year
-0.7%
Month-over-Month
+3.3%
vs US Median
+$113
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 98104 · $2,075
More expensive than 64% of US ZIP codes · National median $1,962/mo
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Medians by bedroom

Rent by unit size

Studio
$1,860
1 BR
$1,920
2 BR
$2,240
3 BR
$2,930
4 BR+
$3,450
Research median
$2,240/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: August 17, 2026

Annual cost
$24,900/yr
At $2,075/mo median
Location
StateWA
CountyKing County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (-0.7% YoY, +3.3% MoM), not inventory.
Demographics

Who lives here

ZIP 98104 (Seattle, WA) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 45.8% of residents hold a bachelor's degree or higher.

Population
16,542
Median income
$61,460
Median age
37.5
Renters
91.8%
Age distribution
39.6%
26.2%
17.3%
Under 186.4%
18–3439.6%
35–5426.2%
55–6410.5%
65+17.3%
Gender
60.2%
39.8%
Male60.2%
Female39.8%
Race & ethnicity
42.5%
29.2%
White42.5%
Black10.8%
Hispanic8.3%
Asian29.2%
Other9.2%
Education (25+)
15.6%
17.6%
21%
45.8%
No HS diploma15.6%
HS diploma17.6%
Some college21%
Bachelor's+45.8%
Housing tenure
91.8%
Owner8.2%
Renter91.8%

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

2021 vs 2026

How ZIP 98104 in Seattle, WA has changed in 5 years

Rent
$1,755 → $2,075
up 18.2%
Income
$60,955 → $61,460
up 0.8%
Population
14,469 → 16,542
up 14.3%
Renter share
89.6% → 91.8%
+2.2 pts
Bachelor's+
45.6% → 45.8%
+0.2 pts
Median age
36 → 37.5
+1.5 yrs

Compared with 2021, rent in ZIP 98104 in Seattle, WA has increased by $320 per month, settling near $2,075 after starting the period at $1,755. Median household income grew from $60,955 to $61,460 between 2021 and 2024, a 0.8% shift. Rent outpaced income growth by roughly 17.4 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 14,469 to 16,542 between 2021 and 2024, a 14.3% change. About 91.8% of households rent today, against 89.6% in 2021. Taken together, the five-year picture in ZIP 98104 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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Local insights

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About renting in ZIP 98104

Last updated: August 17, 2026

ZIP code 98104 covers Seattle, WA. The median rent here is $2,075/mo as of August 2026. A 1-bedroom rents for a median of $1,920/mo. A 2-bedroom rents for a median of $2,240/mo.

At 41% of local median household income ($61,460/yr), ZIP 98104 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 0.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 98104?

As of August 17, 2026, the median monthly rent in ZIP 98104 (Seattle, WA) is $2,075. This is based on aggregated data from public sources and community submissions.

How does ZIP 98104 rent compare to the US average?

ZIP 98104's median rent of $2,075/mo is $113 (6%) above the US national median of $1,962/mo.

How does ZIP 98104 compare to other ZIPs in Washington?

ZIP 98104 falls in the middle range for Washington, ranking #96 out of 207 ZIPs at $2,075/mo.

How much income do you need to rent in ZIP 98104?

To keep rent at or below 30% of gross income, you would need to earn at least $83,000/year (~$40/hour full-time) to afford the median rent of $2,075/mo in ZIP 98104. The local median household income is $61,460/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 98104?

Rent in ZIP 98104 has decreased 0.7% over the past year as of August 17, 2026, offering some relief compared to 12 months ago.

Is ZIP 98104 an affordable place to rent?

ZIP 98104 is considered stretched for renters. At $2,075/mo, rent takes approximately 41% of the local median household income ($61,460/yr). The standard benchmark is 30%. ZIP 98104 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 98104 residents rent vs. own?

According to Census data, approximately 91.8% of ZIP 98104 households are renters, while 8.2% are owner-occupied. With a majority renter population, ZIP 98104 has a strong rental market.

How does ZIP 98104 compare to the rest of Seattle?

ZIP 98104 is more affordable than Seattle overall. At $2,075/mo, it's $163 below the Seattle citywide median of $2,238/mo.

When was rent data for ZIP 98104 last updated?

Rent data for ZIP 98104 reflects August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
41%
STRETCHED

At $2,075/mo, rent takes ~41% of ZIP 98104's median household income ($61,460/yr). The standard benchmark is 30%.

ZIP 98104 41%Benchmark 30%
State income taxNone
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