ZIP Code · WA

ZIP 98372

Part of Puyallup, WA

Pop. 26,012·Pierce County·100th most expensive ZIP in Washington

Median rent (all units)

$2,040/mo

Year-over-Year

+3.3%

Month-over-Month

+0.5%

vs US Median

+$108

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 98372 · $2,040

More expensive than 63% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,510

1 BR

$1,700

2 BR

$2,090

3 BR

$2,900

4 BR+

$3,290

Research median

$2,090/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

Cheapest month to sign

January. Asking rents in ZIP 98372 usually run 1.2% below trend in January and 0.8% above it in August, about $41 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 98372 is at its highest level since Zillow's records here began in March 2021.

Past year vs. the rest of Washington

Rent in ZIP 98372 changed +3.3% 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 4 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($98,152) is $2,454 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,090); a 3-bedroom is $2,900.

Rank in Puyallup

3rd cheapest of 5 ZIP codes in Puyallup.

Cheaper nearby

ZIP 98424, 5 miles away, rents for 12% less ($1,800/mo), about $2,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 98372. 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.

Annual cost

$24,480/yr

At $2,040/mo median

Location

CityPuyallup

StateWA

CountyPierce County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (3.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+3.3% YoY, +0.5% MoM), not inventory.

Demographics

Who lives here

ZIP 98372 (Puyallup, WA) is roughly split between renters and owners, has a median income above the national average, 29.4% of residents hold a bachelor's degree or higher.

Population

26,012

Median income

$98,152

Median age

38.2

Renters

47.5%

Age distribution

21.4%

24.6%

26.1%

13.4%

14.5%

Under 1821.4%

18–3424.6%

35–5426.1%

55–6413.4%

65+14.5%

Gender

47.6%

52.4%

Male47.6%

Female52.4%

Race & ethnicity

74.7%

White74.7%

Black2.3%

Hispanic8.8%

Asian5.4%

Other8.9%

Education (25+)

26.1%

39.6%

29.4%

No HS diploma4.9%

HS diploma26.1%

Some college39.6%

Bachelor's+29.4%

Housing tenure

52.5%

47.5%

Owner52.5%

Renter47.5%

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

2021 vs 2026

How ZIP 98372 in Puyallup, WA has changed in 5 years

Rent

$1,570 → $2,040

up 29.9%

Income

$85,585 → $98,152

up 14.7%

Population

27,127 → 26,012

down 4.1%

Renter share

46.1% → 47.5%

+1.4 pts

Bachelor's+

25.9% → 29.4%

+3.5 pts

Median age

37.4 → 38.2

+0.8 yrs

Across the past five years, the going rent in ZIP 98372 in Puyallup, WA has shifted from $1,570 to $2,040, up 29.9% since 2021. Census figures show median household income at $98,152 today, compared with $85,585 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 98372 in Puyallup, WA losing about 1,115 residents over the five-year window, down 4.1% on net. Bachelor's-degree-or-higher attainment moved from 25.9% to 29.4% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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About renting in ZIP 98372

Last updated: October 17, 2026

ZIP code 98372 covers Puyallup, WA. The median rent here is $2,040/mo as of October 2026. A 1-bedroom rents for a median of $1,700/mo. A 2-bedroom rents for a median of $2,090/mo.

At 25% of local median household income ($98,152/yr), ZIP 98372 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 98372?

To keep rent at or below 30% of gross income, you would need to earn at least $82,000/year (about $39/hour full-time) to afford the median rent of $2,040/mo in ZIP 98372. The local median household income is $98,152/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 98372?

Rent in ZIP 98372 has risen 3.3% over the past year as of September 2026. That is the highest level since Zillow's records here began in March 2021.

When is the cheapest time to rent in ZIP 98372?

Asking rents in ZIP 98372 are usually lowest in January, about 1.2% below their yearly trend, and highest in August, about 0.8% above it. At today's median that is a gap of roughly $41 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 98372 compare to other ZIPs in Washington?

ZIP 98372 is in the middle among Washington ZIP codes for rent, ranking #100 of 207 at $2,040/mo. Over the year to September 2026, rent in ZIP 98372 changed +3.3%, against a typical +2.5% across the 193 Washington ZIP codes Zillow tracks.