ZIP Code · WA

ZIP 98274

Part of Mount Vernon, WA

Pop. 18,860·Skagit County·36th most expensive ZIP in Washington

Median rent (all units)

$2,532/mo

Year-over-Year

Stable

Month-over-Month

+1.4%

vs US Median

+$600

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 98274 · $2,532

More expensive than 81% of US ZIP codes · National median $1,932/mo

Rent check

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,370

1 BR

$1,520

2 BR

$1,990

3 BR

$2,770

4 BR+

$3,010

Research median

$1,990/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

What a typical income covers

30% of the median household income ($96,177) is $2,404 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,990); a 3-bedroom is $2,770.

From Zillow's monthly rent index (ZORI) for ZIP 98274. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$30,384/yr

At $2,532/mo median

Location

CityMount Vernon

StateWA

CountySkagit County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+0.0% YoY, +1.4% MoM), not inventory.

Demographics

Who lives here

ZIP 98274 (Mount Vernon, WA) is majority owner-occupied, has a large retiree population, has a median income above the national average, 34.6% of residents hold a bachelor's degree or higher.

Population

18,860

Median income

$96,177

Median age

41.6

Renters

22.7%

Age distribution

21.1%

19.8%

23.4%

12.2%

23.5%

Under 1821.1%

18–3419.8%

35–5423.4%

55–6412.2%

65+23.5%

Gender

48.6%

51.4%

Male48.6%

Female51.4%

Race & ethnicity

68.2%

25.3%

White68.2%

Black1.2%

Hispanic25.3%

Asian2.6%

Other2.7%

Education (25+)

25.4%

32.7%

34.6%

No HS diploma7.3%

HS diploma25.4%

Some college32.7%

Bachelor's+34.6%

Housing tenure

77.3%

22.7%

Owner77.3%

Renter22.7%

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

2021 vs 2026

How ZIP 98274 in Mount Vernon, WA has changed in 5 years

Income

$83,463 → $96,177

up 15.2%

Population

18,052 → 18,860

up 4.5%

Renter share

22.1% → 22.7%

+0.6 pts

Bachelor's+

30.6% → 34.6%

+4.0 pts

Local incomes tracked alongside that move, going from a median of $83,463 in 2021 to $96,177 more recently. Census counts show ZIP 98274 in Mount Vernon, WA adding about 808 residents over the five-year window, up 4.5% on net. Bachelor's-degree-or-higher attainment moved from 30.6% to 34.6% across the same window.

Community

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Local insights

Tips for renters in ZIP 98274

About renting in ZIP 98274

Last updated: October 17, 2026

ZIP code 98274 covers Mount Vernon, WA. The median rent here is $2,532/mo as of October 2026. A 1-bedroom rents for a median of $1,520/mo. A 2-bedroom rents for a median of $1,990/mo.

At 32% of local median household income ($96,177/yr), ZIP 98274 ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 98274?

To keep rent at or below 30% of gross income, you would need to earn at least $101,000/year (about $49/hour full-time) to afford the median rent of $2,532/mo in ZIP 98274. The local median household income is $96,177/yr, so the typical household falls short of that bar.