ZIP 98203
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Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in ZIP 98203 usually run 1.6% below trend in December and 1.2% above it in June, about $61 a month apart at today's median. Based on 8 years of data.
Rent in ZIP 98203 is at its highest level since Zillow's records here began in January 2018.
Rent in ZIP 98203 changed +2.1% 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 98203 rose 38% while median household income rose 45.4% ($73,840 to $107,376). Income kept ahead of rent.
Rent in ZIP 98203 is 40.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 2 months in a row, and rose in 9 of the last 12 months.
30% of the median household income ($107,376) is $2,684 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,160); a 3-bedroom is $2,850.
4th cheapest of 4 ZIP codes in Everett.
ZIP 98204, 3 miles away, rents for 16% less ($1,840/mo), about $4,200 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 98203. 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 98203 (Everett, WA) is majority owner-occupied, has a median income above the national average, 33.1% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 98203 in Everett, WA has changed in 5 years
Rent in ZIP 98203 in Everett, WA has increased 32.4% since 2021, going from about $1,652 per month to roughly $2,187 today. On the earnings side, the typical household in ZIP 98203 in Everett, WA now reports about $107,376, up from $88,271 in 2021. Rent outpaced income growth by roughly 10.8 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 36,164 to 35,517 between 2021 and 2024, a 1.8% change. About 32.3% of households rent today, against 35.7% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 27.6% to 33.1%. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 98203 in Everett, WA reflects that arc in its own way.
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Tips for renters in ZIP 98203
Last updated: October 17, 2026
ZIP code 98203 covers Everett, WA. The median rent here is $2,187/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 24% of local median household income ($107,376/yr), ZIP 98203 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.0% over the past year.
Frequently asked questions
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How does ZIP 98203 compare to the rest of Everett?
At $2,187/mo, rent takes ~24% of ZIP 98203's median household income ($107,376/yr). The standard benchmark is 30%.
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