ZIP 98107
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12-month history
Last updated: October 17, 2026
What the numbers show
January. Asking rents in ZIP 98107 usually run 1.9% below trend in January and 2.1% above it in August, about $93 a month apart at today's median. Based on 10 years of data.
Rent in ZIP 98107 is at its highest level since Zillow's records here began in March 2016.
Rent in ZIP 98107 changed +1.2% over the year to September 2026. Across the 193 Washington ZIP codes Zillow tracks, the typical change was +2.5%.
From 2019 to 2024, rent in ZIP 98107 rose 15.2% while median household income rose 42.4% ($100,178 to $142,662). Income kept ahead of rent.
Rent in ZIP 98107 is 13.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 3 months in a row, and rose in 8 of the last 12 months.
30% of the median household income ($142,662) is $3,567 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,990); a 3-bedroom is $3,910.
15th cheapest of 22 ZIP codes in Seattle.
ZIP 98119, 2 miles away, rents for 13% less ($2,026/mo), about $3,700 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 98107. 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.
Who lives here
ZIP 98107 (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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 98107 in Seattle, WA has changed in 5 years
Rent in ZIP 98107 in Seattle, WA has increased 26.7% since 2021, going from about $1,840 per month to roughly $2,332 today. Census figures show median household income at $142,662 today, compared with $113,531 five years earlier. Headcount in the area went from 27,116 to 28,776 between 2021 and 2024, a 6.1% change. About 61.7% of households rent today, against 59% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 73.2% to 78.6%. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.
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Tips for renters in ZIP 98107
Last updated: October 17, 2026
ZIP code 98107 covers Seattle, WA. The median rent here is $2,332/mo as of October 2026. A 1-bedroom rents for a median of $1,846/mo. A 2-bedroom rents for a median of $2,148/mo.
At 20% of local median household income ($142,662/yr), ZIP 98107 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.2% over the past year.
Frequently asked questions
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How does ZIP 98107 compare to the rest of Seattle?
At $2,332/mo, rent takes ~20% of ZIP 98107's median household income ($142,662/yr). The standard benchmark is 30%.
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