ZIP Code · WA

ZIP 98108

Part of Seattle, WA
Pop. 25,529·King County·69th most expensive ZIP in Washington
Median rent (all units)
$2,222/mo
Year-over-Year
-5.3%
Month-over-Month
+1.2%
vs US Median
+$257
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 98108 · $2,222
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
$1,800
1 BR
$1,850
2 BR
$2,160
3 BR
$2,850
4 BR+
$3,320
Research median
$2,160/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
$26,664/yr
At $2,222/mo median
Location
StateWA
CountyKing County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 5.3% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-5.3% YoY, +1.2% MoM), not inventory.
Demographics

Who lives here

ZIP 98108 (Seattle, WA) is majority owner-occupied, has a median income above the national average, 41.2% of residents hold a bachelor's degree or higher.

Population
25,529
Median income
$95,780
Median age
36.9
Renters
41.8%
Age distribution
22.4%
23.6%
31.2%
14.8%
Under 1822.4%
18–3423.6%
35–5431.2%
55–648%
65+14.8%
Gender
51.8%
48.2%
Male51.8%
Female48.2%
Race & ethnicity
27.5%
20.3%
35.9%
White27.5%
Black20.3%
Hispanic10.3%
Asian35.9%
Other5.9%
Education (25+)
15.7%
21.8%
21.3%
41.2%
No HS diploma15.7%
HS diploma21.8%
Some college21.3%
Bachelor's+41.2%
Housing tenure
58.2%
41.8%
Owner58.2%
Renter41.8%

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

2021 vs 2026

How ZIP 98108 in Seattle, WA has changed in 5 years

Rent
$1,743 → $2,222
up 27.5%
Income
$74,985 → $95,780
up 27.7%
Population
23,759 → 25,529
up 7.4%
Renter share
44.3% → 41.8%
-2.5 pts
Bachelor's+
34% → 41.2%
+7.2 pts

Five years ago, renters in ZIP 98108 in Seattle, WA paid around $1,743 a month. That figure now sits near $2,222, up 27.5% from the 2021 baseline. Local incomes tracked alongside that move, going from a median of $74,985 in 2021 to $95,780 more recently. Census counts show ZIP 98108 in Seattle, WA adding about 1,770 residents over the five-year window, up 7.4% on net. The renter share has eased from 44.3% to 41.8%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 34% to 41.2% across the same window. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 98108 in Seattle, WA market of 2021.

Community

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Local insights

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About renting in ZIP 98108

Last updated: July 20, 2026

ZIP code 98108 covers Seattle, WA. The median rent here is $2,222/mo as of July 2026. A 1-bedroom rents for a median of $1,850/mo. A 2-bedroom rents for a median of $2,160/mo.

At 28% of local median household income ($95,780/yr), ZIP 98108 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 5.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 98108?

As of July 20, 2026, the median monthly rent in ZIP 98108 (Seattle, WA) is $2,222. This is based on aggregated data from public sources and community submissions.

How does ZIP 98108 rent compare to the US average?

ZIP 98108's median rent of $2,222/mo is $257 (13%) above the US national median of $1,965/mo.

How does ZIP 98108 compare to other ZIPs in Washington?

ZIP 98108 is one of the pricier ZIP codes in Washington, ranking #69 out of 209 ZIPs tracked at $2,222/mo.

How much income do you need to rent in ZIP 98108?

To keep rent at or below 30% of gross income, you would need to earn at least $89,000/year (~$43/hour full-time) to afford the median rent of $2,222/mo in ZIP 98108. The local median household income is $95,780/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 98108?

Rent in ZIP 98108 has decreased 5.3% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 98108 an affordable place to rent?

ZIP 98108 is considered affordable for renters. At $2,222/mo, rent takes approximately 28% of the local median household income ($95,780/yr). The standard benchmark is 30%. ZIP 98108 falls comfortably within that range.

What percentage of ZIP 98108 residents rent vs. own?

According to Census data, approximately 41.8% of ZIP 98108 households are renters, while 58.2% are owner-occupied. ZIP 98108 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 98108 compare to the rest of Seattle?

ZIP 98108 is more affordable than Seattle overall. At $2,222/mo, it's $2 below the Seattle citywide median of $2,224/mo.

When was rent data for ZIP 98108 last updated?

Rent data for ZIP 98108 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
28%
AFFORDABLE

At $2,222/mo, rent takes ~28% of ZIP 98108's median household income ($95,780/yr). The standard benchmark is 30%.

ZIP 98108 28%Benchmark 30%
State income taxNone
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