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ZIP Code · WA

ZIP 98374

Part of Puyallup, WA
Pop. 49,007·Pierce County·40th most expensive ZIP in Washington
Median rent (all units)
$2,487/mo
Year-over-Year
+8.8%
Month-over-Month
+3.3%
vs US Median
+$522
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 98374 · $2,487
More expensive than 79% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,620
1 BR
$1,820
2 BR
$2,230
3 BR
$3,090
4 BR+
$3,510
Research median
$2,230/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
$29,844/yr
At $2,487/mo median
Location
StateWA
CountyPierce County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 8.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+8.8% YoY, +3.3% MoM), not inventory.
Demographics

Who lives here

ZIP 98374 (Puyallup, WA) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 31.6% of residents hold a bachelor's degree or higher.

Population
49,007
Median income
$112,662
Median age
36.1
Renters
29.5%
Age distribution
28.2%
19.8%
27.2%
14.5%
Under 1828.2%
18–3419.8%
35–5427.2%
55–6410.3%
65+14.5%
Gender
50.2%
49.8%
Male50.2%
Female49.8%
Race & ethnicity
65.7%
White65.7%
Black4.7%
Hispanic11.3%
Asian7.4%
Other10.9%
Education (25+)
25.6%
36.4%
31.6%
No HS diploma6.4%
HS diploma25.6%
Some college36.4%
Bachelor's+31.6%
Housing tenure
70.5%
29.5%
Owner70.5%
Renter29.5%

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

2021 vs 2026

How ZIP 98374 in Puyallup, WA has changed in 5 years

Rent
$1,843 → $2,487
up 34.9%
Income
$94,618 → $112,662
up 19.1%
Population
42,974 → 49,007
up 14.0%
Renter share
28.5% → 29.5%
+1.0 pts
Bachelor's+
26.7% → 31.6%
+4.9 pts
Median age
37.3 → 36.1
-1.2 yrs

The median rent in ZIP 98374 in Puyallup, WA stood at $1,843 in 2021 and currently runs about $2,487, reflecting a 34.9% increase over the period. Household income in the area moved from $94,618 to $112,662 across the same window, up 19.1% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 14.0% since 2021, moving from about 42,974 residents to roughly 49,007. College-educated residents now make up 31.6% of adults here, versus 26.7% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 98374 in Puyallup, WA look reasonable against where the market sat half a decade ago.

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Local insights

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About renting in ZIP 98374

Last updated: July 20, 2026

ZIP code 98374 covers Puyallup, WA. The median rent here is $2,487/mo as of July 2026. A 1-bedroom rents for a median of $1,820/mo. A 2-bedroom rents for a median of $2,230/mo.

At 26% of local median household income ($112,662/yr), ZIP 98374 ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 98374?

As of July 20, 2026, the median monthly rent in ZIP 98374 (Puyallup, WA) is $2,487. This is based on aggregated data from public sources and community submissions.

How does ZIP 98374 rent compare to the US average?

ZIP 98374's median rent of $2,487/mo is $522 (27%) above the US national median of $1,965/mo.

How does ZIP 98374 compare to other ZIPs in Washington?

ZIP 98374 is one of the pricier ZIP codes in Washington, ranking #40 out of 209 ZIPs tracked at $2,487/mo.

How much income do you need to rent in ZIP 98374?

To keep rent at or below 30% of gross income, you would need to earn at least $99,000/year (~$48/hour full-time) to afford the median rent of $2,487/mo in ZIP 98374. The local median household income is $112,662/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 98374?

Rent in ZIP 98374 has increased 8.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 98374 an affordable place to rent?

ZIP 98374 is considered affordable for renters. At $2,487/mo, rent takes approximately 26% of the local median household income ($112,662/yr). The standard benchmark is 30%. ZIP 98374 falls comfortably within that range.

What percentage of ZIP 98374 residents rent vs. own?

According to Census data, approximately 29.5% of ZIP 98374 households are renters, while 70.5% are owner-occupied. ZIP 98374 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 98374 compare to the rest of Puyallup?

ZIP 98374 is pricier than Puyallup as a whole. At $2,487/mo, it's $241 above the Puyallup citywide median of $2,246/mo.

When was rent data for ZIP 98374 last updated?

Rent data for ZIP 98374 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $2,487/mo, rent takes ~26% of ZIP 98374's median household income ($112,662/yr). The standard benchmark is 30%.

ZIP 98374 26%Benchmark 30%
State income taxNone
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Public schools near ZIP 98374 (Puyallup, WA)

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