ZIP Code · WA

ZIP 98370

Part of Poulsbo, WA

Pop. 33,655·Kitsap County·45th most expensive ZIP in Washington

Median rent (all units)

$2,420/mo

Year-over-Year

+3.7%

Month-over-Month

+1.3%

vs US Median

+$488

Reported rents

Rising (Monthly)

Be the first to discuss 98370 rents ↓

Most AffordableMost Expensive

ZIP 98370 · $2,420

More expensive than 78% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,480

1 BR

$1,630

2 BR

$2,140

3 BR

$2,820

4 BR+

$3,100

Research median

$2,140/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 98370 is at its highest level since Zillow's records here began in November 2021.

Past year vs. the rest of Washington

Rent in ZIP 98370 changed +3.7% over the year to September 2026. Across the 193 Washington ZIP codes Zillow tracks, the typical change was +2.5%.

Recent direction

Rent has risen 6 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($116,756) is $2,919 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,820); a 4-bedroom is $3,100.

Cheaper nearby

ZIP 98383, 8 miles away, rents for 14% less ($2,072/mo), about $4,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 98370. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$29,040/yr

At $2,420/mo median

Location

CityPoulsbo

StateWA

CountyKitsap County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 3.7% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+3.7% YoY, +1.3% MoM), not inventory.

Demographics

Who lives here

ZIP 98370 (Poulsbo, WA) is majority owner-occupied, has a large retiree population, has a median income above the national average, 46% of residents hold a bachelor's degree or higher.

Population

33,655

Median income

$116,756

Median age

44.4

Renters

24.5%

Age distribution

19.1%

18.3%

26.5%

14%

22.1%

Under 1819.1%

18–3418.3%

35–5426.5%

55–6414%

65+22.1%

Gender

50.3%

49.7%

Male50.3%

Female49.7%

Race & ethnicity

80.4%

White80.4%

Black1.1%

Hispanic8.6%

Asian2.8%

Other7.2%

Education (25+)

18.9%

30.6%

46%

No HS diploma4.5%

HS diploma18.9%

Some college30.6%

Bachelor's+46%

Housing tenure

75.5%

24.5%

Owner75.5%

Renter24.5%

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

2022 vs 2026

How ZIP 98370 in Poulsbo, WA has changed in 5 years

Rent

$2,066 → $2,420

up 17.1%

Income

$92,607 → $116,756

up 26.1%

Population

33,071 → 33,655

up 1.8%

Renter share

23.7% → 24.5%

+0.8 pts

Bachelor's+

41.1% → 46%

+4.9 pts

Median age

43.5 → 44.4

+0.9 yrs

Rent in ZIP 98370 in Poulsbo, WA has increased 17.1% since 2022, going from about $2,066 per month to roughly $2,420 today. Household income in the area moved from $92,607 to $116,756 across the same window, up 26.1% versus 2021. Income growth outran rent by about 9.0 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 33,071 to 33,655 between 2021 and 2024, a 1.8% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 41.1% to 46%. Reading these numbers side by side helps frame whether current listings in ZIP 98370 in Poulsbo, WA look reasonable against where the market sat half a decade ago.

Community

Discussions about ZIP 98370

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 98370

About renting in ZIP 98370

Last updated: October 17, 2026

ZIP code 98370 covers Poulsbo, WA. The median rent here is $2,420/mo as of October 2026. A 1-bedroom rents for a median of $1,630/mo. A 2-bedroom rents for a median of $2,140/mo.

At 25% of local median household income ($116,756/yr), ZIP 98370 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 98370?

To keep rent at or below 30% of gross income, you would need to earn at least $97,000/year (about $47/hour full-time) to afford the median rent of $2,420/mo in ZIP 98370. The local median household income is $116,756/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 98370?

Rent in ZIP 98370 has risen 3.7% over the past year as of September 2026. That is the highest level since Zillow's records here began in November 2021.

How does ZIP 98370 compare to other ZIPs in Washington?

ZIP 98370 is one of the pricier among Washington ZIP codes for rent, ranking #45 of 207 at $2,420/mo. Over the year to September 2026, rent in ZIP 98370 changed +3.7%, against a typical +2.5% across the 193 Washington ZIP codes Zillow tracks.