ZIP Code · WA

ZIP 98383

Part of Silverdale, WA

Pop. 21,604·Kitsap County·94th most expensive ZIP in Washington

Median rent (all units)

$2,072/mo

Year-over-Year

+3.7%

Month-over-Month

+0.4%

vs US Median

+$140

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 98383 · $2,072

More expensive than 65% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,640

1 BR

$1,810

2 BR

$2,380

3 BR

$3,140

4 BR+

$3,450

Research median

$2,380/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 98383 usually run 2.4% below trend in January and 2% above it in July, about $91 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 98383 is at its highest level since Zillow's records here began in March 2021.

Past year vs. the rest of Washington

Rent in ZIP 98383 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 7 of the last 12 months.

What a typical income covers

30% of the median household income ($111,139) is $2,778 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,380); a 3-bedroom is $3,140.

Cheaper nearby

ZIP 98310, 6 miles away, rents for 13% less ($1,801/mo), about $3,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 98383. 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

$24,864/yr

At $2,072/mo median

Location

CitySilverdale

StateWA

CountyKitsap County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (3.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+3.7% YoY, +0.4% MoM), not inventory.

Demographics

Who lives here

ZIP 98383 (Silverdale, WA) is majority owner-occupied, has a large retiree population, has a median income above the national average, 37.7% of residents hold a bachelor's degree or higher.

Population

21,604

Median income

$111,139

Median age

41.2

Renters

43.5%

Age distribution

17.6%

23.9%

25.6%

12.1%

20.7%

Under 1817.6%

18–3423.9%

35–5425.6%

55–6412.1%

65+20.7%

Gender

49%

51%

Male49%

Female51%

Race & ethnicity

72.2%

White72.2%

Black4.4%

Hispanic8.6%

Asian8%

Other6.9%

Education (25+)

19%

39.1%

37.7%

No HS diploma4.3%

HS diploma19%

Some college39.1%

Bachelor's+37.7%

Housing tenure

56.5%

43.5%

Owner56.5%

Renter43.5%

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

2021 vs 2026

How ZIP 98383 in Silverdale, WA has changed in 5 years

Rent

$1,686 → $2,072

up 22.9%

Income

$92,585 → $111,139

up 20.0%

Population

22,541 → 21,604

down 4.2%

Renter share

43.9% → 43.5%

-0.4 pts

Bachelor's+

33.9% → 37.7%

+3.8 pts

Median age

37.1 → 41.2

+4.1 yrs

Since 2021, the typical rent in ZIP 98383 in Silverdale, WA has climbed from $1,686 to $2,072, a 22.9% change over five years. Median household income rose from $92,585 to $111,139 between 2021 and 2024, a 20.0% shift. The population has contracted by 4.2% since 2021, moving from about 22,541 residents to roughly 21,604. College-educated residents now make up 37.7% of adults here, versus 33.9% in 2021. Taken together, the five-year picture in ZIP 98383 in Silverdale, WA reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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About renting in ZIP 98383

Last updated: October 17, 2026

ZIP code 98383 covers Silverdale, WA. The median rent here is $2,072/mo as of October 2026. A 1-bedroom rents for a median of $1,810/mo. A 2-bedroom rents for a median of $2,380/mo.

At 22% of local median household income ($111,139/yr), ZIP 98383 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 98383?

To keep rent at or below 30% of gross income, you would need to earn at least $83,000/year (about $40/hour full-time) to afford the median rent of $2,072/mo in ZIP 98383. The local median household income is $111,139/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 98383?

Rent in ZIP 98383 has risen 3.7% 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 98383?

Asking rents in ZIP 98383 are usually lowest in January, about 2.4% below their yearly trend, and highest in July, about 2% above it. At today's median that is a gap of roughly $91 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 98383 compare to other ZIPs in Washington?

ZIP 98383 is in the middle among Washington ZIP codes for rent, ranking #94 of 207 at $2,072/mo. Over the year to September 2026, rent in ZIP 98383 changed +3.7%, against a typical +2.5% across the 193 Washington ZIP codes Zillow tracks.