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ZIP Code · WA

ZIP 98272

Part of Monroe, WA
Pop. 31,436·Snohomish County·50th most expensive ZIP in Washington
Median rent (all units)
$2,377/mo
Year-over-Year
+5.2%
Month-over-Month
+0.8%
vs US Median
+$412
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 98272 · $2,377
More expensive than 75% of US ZIP codes · National median $1,965/mo
Rent check

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,960
1 BR
$2,020
2 BR
$2,360
3 BR
$3,090
4 BR+
$3,630
Research median
$2,360/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
$28,524/yr
At $2,377/mo median
Location
CityMonroe
StateWA
CountySnohomish County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.2% YoY, +0.8% MoM), not inventory.
Demographics

Who lives here

ZIP 98272 (Monroe, WA) is majority owner-occupied, has a median income above the national average, 31.3% of residents hold a bachelor's degree or higher.

Population
31,436
Median income
$122,352
Median age
37.9
Renters
19.3%
Age distribution
23%
21.7%
29.3%
13.9%
12.1%
Under 1823%
18–3421.7%
35–5429.3%
55–6413.9%
65+12.1%
Gender
54.2%
45.8%
Male54.2%
Female45.8%
Race & ethnicity
73.6%
14.4%
White73.6%
Black2.3%
Hispanic14.4%
Asian7.3%
Other2.3%
Education (25+)
25%
35.3%
31.3%
No HS diploma8.4%
HS diploma25%
Some college35.3%
Bachelor's+31.3%
Housing tenure
80.7%
19.3%
Owner80.7%
Renter19.3%

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

2021 vs 2026

How ZIP 98272 in Monroe, WA has changed in 5 years

Income
$101,637 → $122,352
up 20.4%
Population
31,517 → 31,436
down 0.3%
Renter share
21.2% → 19.3%
-1.9 pts
Bachelor's+
23.1% → 31.3%
+8.2 pts
Median age
35.8 → 37.9
+2.1 yrs

Local incomes tracked alongside that move, going from a median of $101,637 in 2021 to $122,352 more recently. The renter share has eased from 21.2% to 19.3%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 23.1% to 31.3% across the same window.

Community

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Local insights

Tips for renters in ZIP 98272

About renting in ZIP 98272

Last updated: July 20, 2026

ZIP code 98272 covers Monroe, WA. The median rent here is $2,377/mo as of July 2026. A 1-bedroom rents for a median of $2,020/mo. A 2-bedroom rents for a median of $2,360/mo.

At 23% of local median household income ($122,352/yr), ZIP 98272 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 98272?

As of July 20, 2026, the median monthly rent in ZIP 98272 (Monroe, WA) is $2,377. This is based on aggregated data from public sources and community submissions.

How does ZIP 98272 rent compare to the US average?

ZIP 98272's median rent of $2,377/mo is $412 (21%) above the US national median of $1,965/mo.

How does ZIP 98272 compare to other ZIPs in Washington?

ZIP 98272 is one of the pricier ZIP codes in Washington, ranking #50 out of 209 ZIPs tracked at $2,377/mo.

How much income do you need to rent in ZIP 98272?

To keep rent at or below 30% of gross income, you would need to earn at least $95,000/year (~$46/hour full-time) to afford the median rent of $2,377/mo in ZIP 98272. The local median household income is $122,352/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 98272?

Rent in ZIP 98272 has increased 5.2% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 98272 an affordable place to rent?

ZIP 98272 is considered very affordable for renters. At $2,377/mo, rent takes approximately 23% of the local median household income ($122,352/yr). The standard benchmark is 30%. ZIP 98272 falls comfortably within that range.

What percentage of ZIP 98272 residents rent vs. own?

According to Census data, approximately 19.3% of ZIP 98272 households are renters, while 80.7% are owner-occupied. ZIP 98272 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 98272 compare to the rest of Monroe?

ZIP 98272 sits right at the Monroe citywide median of $2,377/mo.

When was rent data for ZIP 98272 last updated?

Rent data for ZIP 98272 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
23%
VERY AFFORDABLE

At $2,377/mo, rent takes ~23% of ZIP 98272's median household income ($122,352/yr). The standard benchmark is 30%.

ZIP 98272 23%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 98272 (Monroe, WA)

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