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ZIP Code · WA

ZIP 98117

Part of Seattle, WA
Pop. 35,711·King County·49th most expensive ZIP in Washington
Median rent (all units)
$2,402/mo
Year-over-Year
+9.6%
Month-over-Month
-2.2%
vs US Median
+$437
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 98117 · $2,402
More expensive than 76% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,260
1 BR
$2,340
2 BR
$2,730
3 BR
$3,570
4 BR+
$4,200
Research median
$2,730/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
$28,824/yr
At $2,402/mo median
Location
StateWA
CountyKing County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (9.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+9.6% YoY, -2.2% MoM), not inventory.
Demographics

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.

Population
35,711
Median income
$182,984
Median age
40.2
Renters
27.4%
Age distribution
20.3%
19.4%
33.3%
12.5%
14.5%
Under 1820.3%
18–3419.4%
35–5433.3%
55–6412.5%
65+14.5%
Gender
50%
50%
Male50%
Female50%
Race & ethnicity
77.6%
White77.6%
Black1.1%
Hispanic5.1%
Asian7.5%
Other8.6%
Education (25+)
15%
75.8%
No HS diploma1.8%
HS diploma7.4%
Some college15%
Bachelor's+75.8%
Housing tenure
72.6%
27.4%
Owner72.6%
Renter27.4%

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

2021 vs 2026

How ZIP 98117 in Seattle, WA has changed in 5 years

Rent
$1,835 → $2,402
up 30.9%
Income
$146,887 → $182,984
up 24.6%
Population
36,365 → 35,711
down 1.8%
Renter share
29.3% → 27.4%
-1.9 pts
Bachelor's+
70.6% → 75.8%
+5.2 pts

Five years ago, renters in ZIP 98117 in Seattle, WA paid around $1,835 a month. That figure now sits near $2,402, up 30.9% 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.

Community

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Local insights

Tips for renters in ZIP 98117

About renting in ZIP 98117

Last updated: July 20, 2026

ZIP code 98117 covers Seattle, WA. The median rent here is $2,402/mo as of July 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 9.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 98117?

As of July 20, 2026, the median monthly rent in ZIP 98117 (Seattle, WA) is $2,402. This is based on aggregated data from public sources and community submissions.

How does ZIP 98117 rent compare to the US average?

ZIP 98117's median rent of $2,402/mo is $437 (22%) above the US national median of $1,965/mo.

How does ZIP 98117 compare to other ZIPs in Washington?

ZIP 98117 is one of the pricier ZIP codes in Washington, ranking #49 out of 209 ZIPs tracked at $2,402/mo.

How much income do you need to rent in ZIP 98117?

To keep rent at or below 30% of gross income, you would need to earn at least $96,000/year (~$46/hour full-time) to afford the median rent of $2,402/mo in ZIP 98117. The local median household income is $182,984/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 98117?

Rent in ZIP 98117 has increased 9.6% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 98117 an affordable place to rent?

ZIP 98117 is considered very affordable for renters. At $2,402/mo, rent takes approximately 16% of the local median household income ($182,984/yr). The standard benchmark is 30%. ZIP 98117 falls comfortably within that range.

What percentage of ZIP 98117 residents rent vs. own?

According to Census data, approximately 27.4% of ZIP 98117 households are renters, while 72.6% are owner-occupied. ZIP 98117 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 98117 compare to the rest of Seattle?

ZIP 98117 is pricier than Seattle as a whole. At $2,402/mo, it's $178 above the Seattle citywide median of $2,224/mo.

When was rent data for ZIP 98117 last updated?

Rent data for ZIP 98117 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
16%
VERY AFFORDABLE

At $2,402/mo, rent takes ~16% of ZIP 98117's median household income ($182,984/yr). The standard benchmark is 30%.

ZIP 98117 16%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 98117 (Seattle, WA)

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