ZIP 98391
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12-month history
Last updated: October 17, 2026
What the numbers show
February. Asking rents in ZIP 98391 usually run 1.3% below trend in February and 1.1% above it in August, about $63 a month apart at today's median. Based on 8 years of data.
Rent in ZIP 98391 is 0.1% below its high of $2,611 in August 2026, at $2,609 as of September 2026.
Rent in ZIP 98391 changed +5.2% over the year to September 2026. Across the 193 Washington ZIP codes Zillow tracks, the typical change was +2.5%.
From 2019 to 2024, rent in ZIP 98391 rose 38.2% while median household income rose 30.5% ($103,505 to $135,037). Rent outpaced income.
Rent in ZIP 98391 is 47.1% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent rose in 10 of the last 12 months.
30% of the median household income ($135,037) is $3,376 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,470); a 3-bedroom is $3,420.
ZIP 98390, 4 miles away, rents for 15% less ($2,223/mo), about $4,600 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 98391. 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.
Who lives here
ZIP 98391 (Bonney Lake, WA) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 33.6% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 98391 in Bonney Lake, WA has changed in 5 years
Five years ago, renters in ZIP 98391 in Bonney Lake, WA paid around $1,958 a month. That figure now sits near $2,609, up 33.2% from the 2021 baseline. Household income in the area moved from $111,595 to $135,037 across the same window, up 21.0% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 98391 in Bonney Lake, WA adding about 3,578 residents over the five-year window, up 6.4% on net. Bachelor's-degree-or-higher attainment moved from 28.5% to 33.6% across the same window. Reading these numbers side by side helps frame whether current listings in ZIP 98391 in Bonney Lake, WA look reasonable against where the market sat half a decade ago.
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Tips for renters in ZIP 98391
Last updated: October 17, 2026
ZIP code 98391 covers Bonney Lake, WA. The median rent here is $2,609/mo as of October 2026. A 1-bedroom rents for a median of $2,010/mo. A 2-bedroom rents for a median of $2,470/mo.
At 23% of local median household income ($135,037/yr), ZIP 98391 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.2% over the past year.
Frequently asked questions
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How does ZIP 98391 compare to other ZIPs in Washington?
How does ZIP 98391 compare to the rest of Bonney Lake?
At $2,609/mo, rent takes ~23% of ZIP 98391's median household income ($135,037/yr). The standard benchmark is 30%.
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