ZIP Code · WA

ZIP 98837

Pop. 49,455·Grant County·196th most expensive ZIP in Washington
Median rent (all units)
$1,481/mo
Year-over-Year
-3.2%
Month-over-Month
+2.2%
vs US Median
-$484
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 98837 · $1,481
More affordable than 75% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$950
1 BR
$960
2 BR
$1,260
3 BR
$1,750
4 BR+
$2,110
Research median
$1,260/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
$17,772/yr
At $1,481/mo median
Location
StateWA
CountyGrant County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (-3.2% YoY, +2.2% MoM), not inventory.
Demographics

Who lives here

ZIP 98837 (Moses Lake, WA) is majority owner-occupied, has a large share of families with children, 20.5% of residents hold a bachelor's degree or higher.

Population
49,455
Median income
$74,586
Median age
34.4
Renters
33.4%
Age distribution
26.9%
24.1%
22.6%
14.6%
Under 1826.9%
18–3424.1%
35–5422.6%
55–6411.8%
65+14.6%
Gender
50.3%
49.7%
Male50.3%
Female49.7%
Race & ethnicity
64.6%
33%
White64.6%
Black2%
Hispanic33%
Asian1.6%
Education (25+)
12.3%
28.7%
38.5%
20.5%
No HS diploma12.3%
HS diploma28.7%
Some college38.5%
Bachelor's+20.5%
Housing tenure
66.6%
33.4%
Owner66.6%
Renter33.4%

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

2021 vs 2026

How ZIP 98837 in Moses Lake, WA has changed in 5 years

Rent
$1,157 → $1,481
up 28.0%
Income
$64,347 → $74,586
up 15.9%
Population
45,729 → 49,455
up 8.1%
Renter share
37.6% → 33.4%
-4.2 pts
Bachelor's+
20.3% → 20.5%
+0.2 pts
Median age
35.2 → 34.4
-0.8 yrs

Rent in ZIP 98837 in Moses Lake, WA has increased 28.0% since 2021, going from about $1,157 per month to roughly $1,481 today. Median household income grew from $64,347 to $74,586 between 2021 and 2024, a 15.9% shift. Rent outpaced income growth by roughly 12.1 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 45,729 to 49,455 between 2021 and 2024, a 8.1% change. About 33.4% of households rent today, against 37.6% in 2021. Taken together, the five-year picture in ZIP 98837 in Moses Lake, 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 98837

Last updated: July 20, 2026

ZIP code 98837 covers Moses Lake, WA. The median rent here is $1,481/mo as of July 2026. A 1-bedroom rents for a median of $960/mo. A 2-bedroom rents for a median of $1,260/mo.

At 24% of local median household income ($74,586/yr), ZIP 98837 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 3.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 98837?

As of July 20, 2026, the median monthly rent in ZIP 98837 (Moses Lake, WA) is $1,481. This is based on aggregated data from public sources and community submissions.

How does ZIP 98837 rent compare to the US average?

ZIP 98837's median rent of $1,481/mo is $484 (25%) below the US national median of $1,965/mo.

How does ZIP 98837 compare to other ZIPs in Washington?

ZIP 98837 is among the more affordable ZIP codes in Washington, ranking #196 out of 209 ZIPs at $1,481/mo.

How much income do you need to rent in ZIP 98837?

To keep rent at or below 30% of gross income, you would need to earn at least $59,000/year (~$28/hour full-time) to afford the median rent of $1,481/mo in ZIP 98837. The local median household income is $74,586/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 98837?

Rent in ZIP 98837 has decreased 3.2% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 98837 an affordable place to rent?

ZIP 98837 is considered very affordable for renters. At $1,481/mo, rent takes approximately 24% of the local median household income ($74,586/yr). The standard benchmark is 30%. ZIP 98837 falls comfortably within that range.

What percentage of ZIP 98837 residents rent vs. own?

According to Census data, approximately 33.4% of ZIP 98837 households are renters, while 66.6% are owner-occupied. ZIP 98837 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 98837 compare to the rest of Moses Lake?

ZIP 98837 sits right at the Moses Lake citywide median of $1,481/mo.

When was rent data for ZIP 98837 last updated?

Rent data for ZIP 98837 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
24%
VERY AFFORDABLE

At $1,481/mo, rent takes ~24% of ZIP 98837's median household income ($74,586/yr). The standard benchmark is 30%.

ZIP 98837 24%Benchmark 30%
State income taxNone
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