ZIP 98199
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12-month history
Last updated: October 17, 2026
What the numbers show
March. Asking rents in ZIP 98199 usually run 1.3% below trend in March and 1.5% above it in August, about $76 a month apart at today's median. Based on 9 years of data.
Rent in ZIP 98199 is 0.3% below its high of $2,728 in August 2026, at $2,719 as of September 2026.
Rent in ZIP 98199 changed +4.0% 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 98199 rose 20.9% while median household income rose 57.8% ($114,551 to $180,789). Income kept ahead of rent.
Rent in ZIP 98199 is 28.1% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent rose in 9 of the last 12 months.
30% of the median household income ($180,789) is $4,520 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($3,870); a 4-bedroom is $4,550.
21st cheapest of 22 ZIP codes in Seattle.
ZIP 98107, 2 miles away, rents for 14% less ($2,332/mo), about $4,600 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 98199. 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 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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 98199 in Seattle, WA has changed in 5 years
Five years ago, renters in ZIP 98199 in Seattle, WA paid around $2,124 a month. That figure now sits near $2,719, up 28.0% 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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Tips for renters in ZIP 98199
Last updated: October 17, 2026
ZIP code 98199 covers Seattle, WA. The median rent here is $2,719/mo as of October 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 4.0% over the past year.
Frequently asked questions
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How does ZIP 98199 compare to other ZIPs in Washington?
How does ZIP 98199 compare to the rest of Seattle?
At $2,719/mo, rent takes ~18% of ZIP 98199's median household income ($180,789/yr). The standard benchmark is 30%.
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