ZIP Code · WA

ZIP 98373

Part of Puyallup, WA

Pop. 28,883·Pierce County·141st most expensive ZIP in Washington

Median rent (all units)

$1,890/mo

Year-over-Year

+2.2%

Month-over-Month

Stable

vs US Median

-$42

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 98373 · $1,890

More expensive than 55% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,540

1 BR

$1,730

2 BR

$2,120

3 BR

$2,940

4 BR+

$3,340

Research median

$2,120/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

December. Asking rents in ZIP 98373 usually run 0.6% below trend in December and 0.7% above it in September, about $25 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 98373 is at its highest level since Zillow's records here began in February 2021.

Past year vs. the rest of Washington

Rent in ZIP 98373 changed +2.2% 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 3 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($103,796) is $2,595 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,120); a 3-bedroom is $2,940.

Rank in Puyallup

1st cheapest of 5 ZIP codes in Puyallup.

Cheaper nearby

ZIP 98444, 6 miles away, rents for 17% less ($1,577/mo), about $3,800 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 98373. 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

$22,680/yr

At $1,890/mo median

Location

CityPuyallup

StateWA

CountyPierce County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (2.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+2.2% YoY, +0.1% MoM), not inventory.

Demographics

Who lives here

ZIP 98373 (Puyallup, WA) is roughly split between renters and owners, has a median income above the national average, 27.4% of residents hold a bachelor's degree or higher.

Population

28,883

Median income

$103,796

Median age

35.6

Renters

45.2%

Age distribution

23.1%

26.3%

28.1%

Under 1823.1%

18–3426.3%

35–5428.1%

55–6411%

65+11.6%

Gender

51%

49%

Male51%

Female49%

Race & ethnicity

64.8%

12.2%

White64.8%

Black8.3%

Hispanic12.2%

Asian4.9%

Other9.8%

Education (25+)

28.3%

37.7%

27.4%

No HS diploma6.7%

HS diploma28.3%

Some college37.7%

Bachelor's+27.4%

Housing tenure

54.8%

45.2%

Owner54.8%

Renter45.2%

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

2021 vs 2026

How ZIP 98373 in Puyallup, WA has changed in 5 years

Rent

$1,473 → $1,890

up 28.3%

Income

$84,334 → $103,796

up 23.1%

Population

29,283 → 28,883

down 1.4%

Renter share

43% → 45.2%

+2.2 pts

Bachelor's+

25.9% → 27.4%

+1.5 pts

Median age

34.7 → 35.6

+0.9 yrs

Five years ago, renters in ZIP 98373 in Puyallup, WA paid around $1,473 a month. That figure now sits near $1,890, up 28.3% from the 2021 baseline. Local incomes tracked alongside that move, going from a median of $84,334 in 2021 to $103,796 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 98373 in Puyallup, WA losing about 400 residents over the five-year window, down 1.4% on net. The renter share has risen from 43% to 45.2%, with owner-occupied housing accounting for the remainder. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 98373 in Puyallup, WA market of 2021.

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About renting in ZIP 98373

Last updated: October 17, 2026

ZIP code 98373 covers Puyallup, WA. The median rent here is $1,890/mo as of October 2026. A 1-bedroom rents for a median of $1,730/mo. A 2-bedroom rents for a median of $2,120/mo.

At 22% of local median household income ($103,796/yr), ZIP 98373 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 98373?

To keep rent at or below 30% of gross income, you would need to earn at least $76,000/year (about $37/hour full-time) to afford the median rent of $1,890/mo in ZIP 98373. The local median household income is $103,796/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 98373?

Rent in ZIP 98373 has risen 2.2% over the past year as of September 2026. That is the highest level since Zillow's records here began in February 2021.

When is the cheapest time to rent in ZIP 98373?

Asking rents in ZIP 98373 are usually lowest in December, about 0.6% below their yearly trend, and highest in September, about 0.7% above it. At today's median that is a gap of roughly $25 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 98373 compare to other ZIPs in Washington?

ZIP 98373 is one of the more affordable among Washington ZIP codes for rent, ranking #141 of 207 at $1,890/mo. Over the year to September 2026, rent in ZIP 98373 changed +2.2%, against a typical +2.5% across the 193 Washington ZIP codes Zillow tracks.