ZIP 98117
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Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
February. Asking rents in ZIP 98117 usually run 1.3% below trend in February and 1.4% above it in July, about $66 a month apart at today's median. Based on 10 years of data.
Rent in ZIP 98117 is at its highest level since Zillow's records here began in May 2016.
Rent in ZIP 98117 changed +2.9% 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 98117 rose 23.7% while median household income rose 56.6% ($116,871 to $182,984). Income kept ahead of rent.
Rent in ZIP 98117 is 28.6% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 6 months in a row, and rose in 9 of the last 12 months.
30% of the median household income ($182,984) is $4,575 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($4,200).
18th cheapest of 22 ZIP codes in Seattle.
ZIP 98119, 3 miles away, rents for 17% less ($2,026/mo), about $5,000 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 98117. 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 98117 (Seattle, WA) is majority owner-occupied, has a median income above the national average, 75.8% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 98117 in Seattle, WA has changed in 5 years
Five years ago, renters in ZIP 98117 in Seattle, WA paid around $1,910 a month. That figure now sits near $2,443, up 27.9% from the 2021 baseline. Local incomes tracked alongside that move, going from a median of $146,887 in 2021 to $182,984 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 98117 in Seattle, WA losing about 654 residents over the five-year window, down 1.8% on net. The renter share has eased from 29.3% to 27.4%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 70.6% to 75.8% across the same window. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 98117 in Seattle, WA market of 2021.
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Tips for renters in ZIP 98117
Last updated: October 17, 2026
ZIP code 98117 covers Seattle, WA. The median rent here is $2,443/mo as of October 2026. A 1-bedroom rents for a median of $2,340/mo. A 2-bedroom rents for a median of $2,730/mo.
At 16% of local median household income ($182,984/yr), ZIP 98117 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.9% over the past year.
Frequently asked questions
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How does ZIP 98117 compare to other ZIPs in Washington?
How does ZIP 98117 compare to the rest of Seattle?
At $2,443/mo, rent takes ~16% of ZIP 98117's median household income ($182,984/yr). The standard benchmark is 30%.
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