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ZIP Code · WA

ZIP 98424

Part of Fife, WA
Pop. 11,816·Pierce County·138th most expensive ZIP in Washington
Median rent (all units)
$1,927/mo
Year-over-Year
+12.2%
Month-over-Month
+8.8%
vs US Median
-$38
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 98424 · $1,927
More expensive than 56% of US ZIP codes · National median $1,965/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: July 20, 2026

Annual cost
$23,124/yr
At $1,927/mo median
Location
CityFife
StateWA
CountyPierce County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 12.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+12.2% YoY, +8.8% MoM), not inventory.
Demographics

Who lives here

ZIP 98424 (Fife, WA) is roughly split between renters and owners, has a large share of families with children, has a median income above the national average, 27.9% of residents hold a bachelor's degree or higher.

Population
11,816
Median income
$94,122
Median age
31.6
Renters
50.9%
Age distribution
26.7%
29.9%
26.2%
Under 1826.7%
18–3429.9%
35–5426.2%
55–649.9%
65+7.3%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
40.4%
14.4%
14.2%
15.9%
15.1%
White40.4%
Black14.4%
Hispanic14.2%
Asian15.9%
Other15.1%
Education (25+)
26.2%
36.9%
27.9%
No HS diploma9.1%
HS diploma26.2%
Some college36.9%
Bachelor's+27.9%
Housing tenure
49.1%
50.9%
Owner49.1%
Renter50.9%

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

2021 vs 2026

How ZIP 98424 in Fife, WA has changed in 5 years

Income
$78,257 → $94,122
up 20.3%
Population
12,019 → 11,816
down 1.7%
Renter share
53.4% → 50.9%
-2.5 pts
Bachelor's+
25.4% → 27.9%
+2.5 pts

Median household income rose from $78,257 to $94,122 between 2021 and 2024, a 20.3% shift. The population has contracted by 1.7% since 2021, moving from about 12,019 residents to roughly 11,816. Renters now make up 50.9% of households, compared with 53.4% five years ago. College-educated residents now make up 27.9% of adults here, versus 25.4% in 2021.

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Local insights

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About renting in ZIP 98424

Last updated: July 20, 2026

ZIP code 98424 covers Fife, WA. The median rent here is $1,927/mo as of July 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 ($94,122/yr), ZIP 98424 ranks as affordable compared to the national benchmark of 30%. Rents have increased 12.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 98424?

As of July 20, 2026, the median monthly rent in ZIP 98424 (Fife, WA) is $1,927. This is based on aggregated data from public sources and community submissions.

How does ZIP 98424 rent compare to the US average?

ZIP 98424's median rent of $1,927/mo is $38 (2%) below the US national median of $1,965/mo.

How does ZIP 98424 compare to other ZIPs in Washington?

ZIP 98424 falls in the middle range for Washington, ranking #138 out of 209 ZIPs at $1,927/mo.

How much income do you need to rent in ZIP 98424?

To keep rent at or below 30% of gross income, you would need to earn at least $77,000/year (~$37/hour full-time) to afford the median rent of $1,927/mo in ZIP 98424. The local median household income is $94,122/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 98424?

Rent in ZIP 98424 has increased 12.2% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 98424 an affordable place to rent?

ZIP 98424 is considered affordable for renters. At $1,927/mo, rent takes approximately 25% of the local median household income ($94,122/yr). The standard benchmark is 30%. ZIP 98424 falls comfortably within that range.

What percentage of ZIP 98424 residents rent vs. own?

According to Census data, approximately 50.9% of ZIP 98424 households are renters, while 49.1% are owner-occupied. With a majority renter population, ZIP 98424 has a strong rental market.

How does ZIP 98424 compare to the rest of Fife?

ZIP 98424 sits right at the Fife citywide median of $1,927/mo.

When was rent data for ZIP 98424 last updated?

Rent data for ZIP 98424 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
25%
AFFORDABLE

At $1,927/mo, rent takes ~25% of ZIP 98424's median household income ($94,122/yr). The standard benchmark is 30%.

ZIP 98424 25%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 98424 (Fife, WA)

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