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ZIP Code · WA

ZIP 98199

Part of Seattle, WA
Pop. 22,468·King County·24th most expensive ZIP in Washington
Median rent (all units)
$2,757/mo
Year-over-Year
+16.7%
Month-over-Month
+6.5%
vs US Median
+$792
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 98199 · $2,757
More expensive than 85% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,450
1 BR
$2,540
2 BR
$2,960
3 BR
$3,870
4 BR+
$4,550
Research median
$2,960/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
$33,084/yr
At $2,757/mo median
Location
StateWA
CountyKing County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 16.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+16.7% YoY, +6.5% MoM), not inventory.
Demographics

Who lives here

ZIP 98199 (Seattle, WA) is majority owner-occupied, has a median income above the national average, 77.8% of residents hold a bachelor's degree or higher.

Population
22,468
Median income
$180,789
Median age
39.5
Renters
36.8%
Age distribution
20.1%
19.7%
34.8%
15.3%
Under 1820.1%
18–3419.7%
35–5434.8%
55–6410.1%
65+15.3%
Gender
49.7%
50.3%
Male49.7%
Female50.3%
Race & ethnicity
73.3%
12.5%
White73.3%
Black1.7%
Hispanic6.6%
Asian12.5%
Other5.9%
Education (25+)
15.9%
77.8%
No HS diploma0.7%
HS diploma5.7%
Some college15.9%
Bachelor's+77.8%
Housing tenure
63.2%
36.8%
Owner63.2%
Renter36.8%

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

2021 vs 2026

How ZIP 98199 in Seattle, WA has changed in 5 years

Rent
$1,931 → $2,757
up 42.8%
Income
$148,878 → $180,789
up 21.4%
Population
22,890 → 22,468
down 1.8%
Renter share
38.7% → 36.8%
-1.9 pts
Bachelor's+
74.7% → 77.8%
+3.1 pts
Median age
38.9 → 39.5
+0.6 yrs

Five years ago, renters in ZIP 98199 in Seattle, WA paid around $1,931 a month. That figure now sits near $2,757, up 42.8% from the 2021 baseline. Household income in the area moved from $148,878 to $180,789 across the same window, up 21.4% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 98199 in Seattle, WA losing about 422 residents over the five-year window, down 1.8% on net. The renter share has eased from 38.7% to 36.8%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 74.7% to 77.8% across the same window. Reading these numbers side by side helps frame whether current listings in ZIP 98199 in Seattle, WA look reasonable against where the market sat half a decade ago.

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Local insights

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About renting in ZIP 98199

Last updated: July 20, 2026

ZIP code 98199 covers Seattle, WA. The median rent here is $2,757/mo as of July 2026. A 1-bedroom rents for a median of $2,540/mo. A 2-bedroom rents for a median of $2,960/mo.

At 18% of local median household income ($180,789/yr), ZIP 98199 ranks as affordable compared to the national benchmark of 30%. Rents have increased 16.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 98199?

As of July 20, 2026, the median monthly rent in ZIP 98199 (Seattle, WA) is $2,757. This is based on aggregated data from public sources and community submissions.

How does ZIP 98199 rent compare to the US average?

ZIP 98199's median rent of $2,757/mo is $792 (40%) above the US national median of $1,965/mo.

How does ZIP 98199 compare to other ZIPs in Washington?

ZIP 98199 is one of the pricier ZIP codes in Washington, ranking #24 out of 209 ZIPs tracked at $2,757/mo.

How much income do you need to rent in ZIP 98199?

To keep rent at or below 30% of gross income, you would need to earn at least $110,000/year (~$53/hour full-time) to afford the median rent of $2,757/mo in ZIP 98199. The local median household income is $180,789/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 98199?

Rent in ZIP 98199 has increased 16.7% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 98199 an affordable place to rent?

ZIP 98199 is considered very affordable for renters. At $2,757/mo, rent takes approximately 18% of the local median household income ($180,789/yr). The standard benchmark is 30%. ZIP 98199 falls comfortably within that range.

What percentage of ZIP 98199 residents rent vs. own?

According to Census data, approximately 36.8% of ZIP 98199 households are renters, while 63.2% are owner-occupied. ZIP 98199 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 98199 compare to the rest of Seattle?

ZIP 98199 is pricier than Seattle as a whole. At $2,757/mo, it's $533 above the Seattle citywide median of $2,224/mo.

When was rent data for ZIP 98199 last updated?

Rent data for ZIP 98199 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
18%
VERY AFFORDABLE

At $2,757/mo, rent takes ~18% of ZIP 98199's median household income ($180,789/yr). The standard benchmark is 30%.

ZIP 98199 18%Benchmark 30%
State income taxNone
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Schools nearby

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