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ZIP Code · WA

ZIP 98122

Part of Seattle, WA
Pop. 43,234·King County·103rd most expensive ZIP in Washington
Median rent (all units)
$2,059/mo
Year-over-Year
+6.3%
Month-over-Month
+0.6%
vs US Median
+$94
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 98122 · $2,059
More expensive than 64% of US ZIP codes · National median $1,965/mo
Rent check

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Medians by bedroom

Rent by unit size

Studio
$1,574
1 BR
$1,628
2 BR
$1,897
3 BR
$2,482
4 BR+
$2,915
Research median
$1,897/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
$24,708/yr
At $2,059/mo median
Location
StateWA
CountyKing County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 6.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+6.3% YoY, +0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 98122 (Seattle, WA) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 71.2% of residents hold a bachelor's degree or higher.

Population
43,234
Median income
$106,886
Median age
32.4
Renters
71.6%
Age distribution
50.4%
26.3%
Under 187.9%
18–3450.4%
35–5426.3%
55–647.3%
65+8.1%
Gender
51.8%
48.2%
Male51.8%
Female48.2%
Race & ethnicity
58.2%
14.6%
White58.2%
Black9.4%
Hispanic9.3%
Asian14.6%
Other8.4%
Education (25+)
20.6%
71.2%
No HS diploma2%
HS diploma6.2%
Some college20.6%
Bachelor's+71.2%
Housing tenure
28.4%
71.6%
Owner28.4%
Renter71.6%

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

2021 vs 2026

How ZIP 98122 in Seattle, WA has changed in 5 years

Rent
$1,637 → $2,059
up 25.8%
Income
$87,418 → $106,886
up 22.3%
Population
41,541 → 43,234
up 4.1%
Renter share
70.6% → 71.6%
+1.0 pts
Bachelor's+
68.7% → 71.2%
+2.5 pts
Median age
30.9 → 32.4
+1.5 yrs

Five years ago, renters in ZIP 98122 in Seattle, WA paid around $1,637 a month. That figure now sits near $2,059, up 25.8% from the 2021 baseline. On the earnings side, the typical household in ZIP 98122 in Seattle, WA now reports about $106,886, up from $87,418 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 98122 in Seattle, WA adding about 1,693 residents over the five-year window, up 4.1% on net. Bachelor's-degree-or-higher attainment moved from 68.7% to 71.2% across the same window. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 98122 in Seattle, WA reflects that arc in its own way.

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Local insights

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About renting in ZIP 98122

Last updated: July 20, 2026

ZIP code 98122 covers Seattle, WA. The median rent here is $2,059/mo as of July 2026. A 1-bedroom rents for a median of $1,628/mo. A 2-bedroom rents for a median of $1,897/mo.

At 23% of local median household income ($106,886/yr), ZIP 98122 ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 98122?

As of July 20, 2026, the median monthly rent in ZIP 98122 (Seattle, WA) is $2,059. This is based on aggregated data from public sources and community submissions.

How does ZIP 98122 rent compare to the US average?

ZIP 98122's median rent of $2,059/mo is $94 (5%) above the US national median of $1,965/mo.

How does ZIP 98122 compare to other ZIPs in Washington?

ZIP 98122 falls in the middle range for Washington, ranking #103 out of 209 ZIPs at $2,059/mo.

How much income do you need to rent in ZIP 98122?

To keep rent at or below 30% of gross income, you would need to earn at least $82,000/year (~$39/hour full-time) to afford the median rent of $2,059/mo in ZIP 98122. The local median household income is $106,886/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 98122?

Rent in ZIP 98122 has increased 6.3% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 98122 an affordable place to rent?

ZIP 98122 is considered very affordable for renters. At $2,059/mo, rent takes approximately 23% of the local median household income ($106,886/yr). The standard benchmark is 30%. ZIP 98122 falls comfortably within that range.

What percentage of ZIP 98122 residents rent vs. own?

According to Census data, approximately 71.6% of ZIP 98122 households are renters, while 28.4% are owner-occupied. With a majority renter population, ZIP 98122 has a strong rental market.

How does ZIP 98122 compare to the rest of Seattle?

ZIP 98122 is more affordable than Seattle overall. At $2,059/mo, it's $165 below the Seattle citywide median of $2,224/mo.

When was rent data for ZIP 98122 last updated?

Rent data for ZIP 98122 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
23%
VERY AFFORDABLE

At $2,059/mo, rent takes ~23% of ZIP 98122's median household income ($106,886/yr). The standard benchmark is 30%.

ZIP 98122 23%Benchmark 30%
State income taxNone
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