ZIP Code · WA

ZIP 98201

Part of Everett, WA

Pop. 31,895·Snohomish County·146th most expensive ZIP in Washington

Median rent (all units)

$1,811/mo

Year-over-Year

+2.4%

Month-over-Month

+0.2%

vs US Median

-$121

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 98201 · $1,811

More expensive than 50% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,800

1 BR

$1,850

2 BR

$2,160

3 BR

$2,850

4 BR+

$3,320

Research median

$2,160/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

December. Asking rents in ZIP 98201 usually run 1.3% below trend in December and 0.9% above it in July, about $40 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 98201 is 0% below its high of $1,811 in June 2026, at $1,811 as of September 2026.

Past year vs. the rest of Washington

Rent in ZIP 98201 changed +2.4% over the year to September 2026. Across the 193 Washington ZIP codes Zillow tracks, the typical change was +2.5%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 98201 rose 37.1% while median household income rose 30.4% ($57,179 to $74,554). Rent outpaced income.

Since before the pandemic

Rent in ZIP 98201 is 39.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($74,554) is $1,864 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,850); a 2-bedroom is $2,160.

Rank in Everett

1st cheapest of 4 ZIP codes in Everett.

From Zillow's monthly rent index (ZORI) for ZIP 98201. 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.

Annual cost

$21,732/yr

At $1,811/mo median

Location

CityEverett

StateWA

CountySnohomish County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (2.4% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+2.4% YoY, +0.2% MoM), not inventory.

Demographics

Who lives here

ZIP 98201 (Everett, WA) is majority renter-occupied, 29.6% of residents hold a bachelor's degree or higher.

Population

31,895

Median income

$74,554

Median age

38.9

Renters

55.4%

Age distribution

17.4%

25.7%

28.3%

12.6%

16%

Under 1817.4%

18–3425.7%

35–5428.3%

55–6412.6%

65+16%

Gender

53.7%

46.3%

Male53.7%

Female46.3%

Race & ethnicity

70.6%

14.8%

White70.6%

Black2.4%

Hispanic14.8%

Asian4.1%

Other8.1%

Education (25+)

25.8%

35.6%

29.6%

No HS diploma9%

HS diploma25.8%

Some college35.6%

Bachelor's+29.6%

Housing tenure

44.6%

55.4%

Owner44.6%

Renter55.4%

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

2021 vs 2026

How ZIP 98201 in Everett, WA has changed in 5 years

Rent

$1,393 → $1,811

up 30.0%

Income

$65,192 → $74,554

up 14.4%

Population

30,669 → 31,895

up 4.0%

Renter share

55.3% → 55.4%

+0.1 pts

Bachelor's+

28.9% → 29.6%

+0.7 pts

Across the past five years, the going rent in ZIP 98201 in Everett, WA has shifted from $1,393 to $1,811, up 30.0% since 2021. Median household income climbed from $65,192 to $74,554 between 2021 and 2024, a 14.4% shift. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 98201 in Everett, WA adding about 1,226 residents over the five-year window, up 4.0% on net. Taken together, the five-year picture in ZIP 98201 in Everett, WA reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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About renting in ZIP 98201

Last updated: October 17, 2026

ZIP code 98201 covers Everett, WA. The median rent here is $1,811/mo as of October 2026. A 1-bedroom rents for a median of $1,850/mo. A 2-bedroom rents for a median of $2,160/mo.

At 29% of local median household income ($74,554/yr), ZIP 98201 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 98201?

To keep rent at or below 30% of gross income, you would need to earn at least $72,000/year (about $35/hour full-time) to afford the median rent of $1,811/mo in ZIP 98201. The local median household income is $74,554/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 98201?

Rent in ZIP 98201 has risen 2.4% over the past year as of September 2026. It sits 0% below its high of $1,811 in June 2026.

When is the cheapest time to rent in ZIP 98201?

Asking rents in ZIP 98201 are usually lowest in December, about 1.3% below their yearly trend, and highest in July, about 0.9% above it. At today's median that is a gap of roughly $40 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 98201?

Yes. From 2019 to 2024, rent in ZIP 98201 rose 37.1% while median household income rose 30.4%, from $57,179 to $74,554. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 98201 compare to other ZIPs in Washington?

ZIP 98201 is one of the more affordable among Washington ZIP codes for rent, ranking #146 of 207 at $1,811/mo. Over the year to September 2026, rent in ZIP 98201 changed +2.4%, against a typical +2.5% across the 193 Washington ZIP codes Zillow tracks.