ZIP Code · WA

ZIP 98513

Part of Lacey, WA

Pop. 38,017·Thurston County·58th most expensive ZIP in Washington

Median rent (all units)

$2,329/mo

Year-over-Year

+2.7%

Month-over-Month

+0.3%

vs US Median

+$397

Reported rents

Stable (Monthly)

Be the first to discuss 98513 rents ↓

Most AffordableMost Expensive

ZIP 98513 · $2,329

More expensive than 75% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,770

1 BR

$1,930

2 BR

$2,250

3 BR

$3,000

4 BR+

$3,770

Research median

$2,250/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in ZIP 98513 usually run 0.9% below trend in January and 0.9% above it in July, about $42 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 98513 is at its highest level since Zillow's records here began in February 2021.

Past year vs. the rest of Washington

Rent in ZIP 98513 changed +2.7% 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 2 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($113,053) is $2,826 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,250); a 3-bedroom is $3,000.

Rank in Lacey

3rd cheapest of 3 ZIP codes in Lacey.

Cheaper nearby

ZIP 98503, 4 miles away, rents for 14% less ($2,004/mo), about $3,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 98513. 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

$27,948/yr

At $2,329/mo median

Location

CityLacey

StateWA

CountyThurston County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (2.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+2.7% YoY, +0.3% MoM), not inventory.

Demographics

Who lives here

ZIP 98513 (Lacey, WA) is majority owner-occupied, has a median income above the national average, 32.7% of residents hold a bachelor's degree or higher.

Population

38,017

Median income

$113,053

Median age

38.2

Renters

20.5%

Age distribution

24.8%

21.2%

26.2%

17.2%

Under 1824.8%

18–3421.2%

35–5426.2%

55–6410.6%

65+17.2%

Gender

50.2%

49.8%

Male50.2%

Female49.8%

Race & ethnicity

63.6%

12.1%

White63.6%

Black4.1%

Hispanic11%

Asian9.1%

Other12.1%

Education (25+)

22.9%

39%

32.7%

No HS diploma5.4%

HS diploma22.9%

Some college39%

Bachelor's+32.7%

Housing tenure

79.5%

20.5%

Owner79.5%

Renter20.5%

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

2021 vs 2026

How ZIP 98513 in Lacey, WA has changed in 5 years

Rent

$1,826 → $2,329

up 27.5%

Income

$94,038 → $113,053

up 20.2%

Population

36,117 → 38,017

up 5.3%

Renter share

24.6% → 20.5%

-4.1 pts

Bachelor's+

34.6% → 32.7%

-1.9 pts

Compared with 2021, rent in ZIP 98513 in Lacey, WA has increased by $503 per month, settling near $2,329 after starting the period at $1,826. Local incomes tracked alongside that move, going from a median of $94,038 in 2021 to $113,053 more recently. Rent outpaced income growth by roughly 7.3 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 36,117 to 38,017 between 2021 and 2024, a 5.3% change. About 20.5% of households rent today, against 24.6% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 98513 in Lacey, WA market of 2021.

Community

Discussions about ZIP 98513

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 98513

About renting in ZIP 98513

Last updated: October 17, 2026

ZIP code 98513 covers Lacey, WA. The median rent here is $2,329/mo as of October 2026. A 1-bedroom rents for a median of $1,930/mo. A 2-bedroom rents for a median of $2,250/mo.

At 25% of local median household income ($113,053/yr), ZIP 98513 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 98513?

To keep rent at or below 30% of gross income, you would need to earn at least $93,000/year (about $45/hour full-time) to afford the median rent of $2,329/mo in ZIP 98513. The local median household income is $113,053/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 98513?

Rent in ZIP 98513 has risen 2.7% 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 98513?

Asking rents in ZIP 98513 are usually lowest in January, about 0.9% below their yearly trend, and highest in July, about 0.9% above it. At today's median that is a gap of roughly $42 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 98513 compare to other ZIPs in Washington?

ZIP 98513 is one of the pricier among Washington ZIP codes for rent, ranking #58 of 207 at $2,329/mo. Over the year to September 2026, rent in ZIP 98513 changed +2.7%, against a typical +2.5% across the 193 Washington ZIP codes Zillow tracks.