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ZIP Code · WA

ZIP 98332

Pop. 20,072·Pierce County·11th most expensive ZIP in Washington
Median rent (all units)
$3,051/mo
Year-over-Year
Stable
Month-over-Month
Stable
vs US Median
+$1,086
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 98332 · $3,051
More expensive than 91% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,940
1 BR
$2,180
2 BR
$2,680
3 BR
$3,720
4 BR+
$4,220
Research median
$2,680/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
$36,612/yr
At $3,051/mo median
Location
StateWA
CountyPierce County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, +0.0% MoM), not inventory.
Demographics

Who lives here

ZIP 98332 (Gig Harbor, WA) is majority owner-occupied, has a large retiree population, has a median income above the national average, 52.5% of residents hold a bachelor's degree or higher.

Population
20,072
Median income
$135,330
Median age
46.6
Renters
15.4%
Age distribution
21.4%
13.5%
25.6%
14.7%
24.7%
Under 1821.4%
18–3413.5%
35–5425.6%
55–6414.7%
65+24.7%
Gender
46%
54%
Male46%
Female54%
Race & ethnicity
81.6%
White81.6%
Black1.3%
Hispanic6.4%
Asian3.8%
Other6.9%
Education (25+)
18.4%
27%
52.5%
No HS diploma2.1%
HS diploma18.4%
Some college27%
Bachelor's+52.5%
Housing tenure
84.6%
15.4%
Owner84.6%
Renter15.4%

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

2021 vs 2026

How ZIP 98332 in Gig Harbor, WA has changed in 5 years

Income
$114,261 → $135,330
up 18.4%
Population
19,722 → 20,072
up 1.8%
Renter share
17.3% → 15.4%
-1.9 pts
Bachelor's+
49.2% → 52.5%
+3.3 pts

Local incomes tracked alongside that move, going from a median of $114,261 in 2021 to $135,330 more recently. The population has grown by 1.8% since 2021, moving from about 19,722 residents to roughly 20,072. Renters now make up 15.4% of households, compared with 17.3% five years ago. College-educated residents now make up 52.5% of adults here, versus 49.2% in 2021.

Community

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Local insights

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About renting in ZIP 98332

Last updated: July 20, 2026

ZIP code 98332 covers Gig Harbor, WA. The median rent here is $3,051/mo as of July 2026. A 1-bedroom rents for a median of $2,180/mo. A 2-bedroom rents for a median of $2,680/mo.

At 27% of local median household income ($135,330/yr), ZIP 98332 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 98332?

As of July 20, 2026, the median monthly rent in ZIP 98332 (Gig Harbor, WA) is $3,051. This is based on aggregated data from public sources and community submissions.

How does ZIP 98332 rent compare to the US average?

ZIP 98332's median rent of $3,051/mo is $1,086 (55%) above the US national median of $1,965/mo.

How does ZIP 98332 compare to other ZIPs in Washington?

ZIP 98332 is one of the pricier ZIP codes in Washington, ranking #11 out of 209 ZIPs tracked at $3,051/mo.

How much income do you need to rent in ZIP 98332?

To keep rent at or below 30% of gross income, you would need to earn at least $122,000/year (~$59/hour full-time) to afford the median rent of $3,051/mo in ZIP 98332. The local median household income is $135,330/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 98332?

Rent in ZIP 98332 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 98332 an affordable place to rent?

ZIP 98332 is considered affordable for renters. At $3,051/mo, rent takes approximately 27% of the local median household income ($135,330/yr). The standard benchmark is 30%. ZIP 98332 falls comfortably within that range.

What percentage of ZIP 98332 residents rent vs. own?

According to Census data, approximately 15.4% of ZIP 98332 households are renters, while 84.6% are owner-occupied. ZIP 98332 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 98332 compare to the rest of Gig Harbor?

ZIP 98332 is pricier than Gig Harbor as a whole. At $3,051/mo, it's $113 above the Gig Harbor citywide median of $2,938/mo.

When was rent data for ZIP 98332 last updated?

Rent data for ZIP 98332 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
27%
AFFORDABLE

At $3,051/mo, rent takes ~27% of ZIP 98332's median household income ($135,330/yr). The standard benchmark is 30%.

ZIP 98332 27%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 98332 (Gig Harbor, WA)

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