20 zip codes·Updated September 2026

Seattle rents and rental comps

The median asking rent across 20 Seattle zip codes is $1,963/month, down 3.1% from a year ago.

Tech money drives high rents. Washington keeps adding tenant protections to balance it out. No state income tax keeps investors interested. The rain keeps everyone complaining but not leaving.

Median Asking Rent

$1,963

Rent Change (YoY)

-3.1%

Avg Days on Market

Active Rental Listings

4,386

Median List Price

$787,000

Median Asking Rent Over Time

Average across 20 zip codes

12 months-1.6%

Median Asking Rent by ZIP Code

Rental Listings by ZIP Code

ZIP	Median Rent	YoY Growth	$/Sqft	Avg DOM	Listings
98117	$2,599/mo	+4.0%	$2.57	36	135
98199	$2,595/mo	+8.4%	$2.55	34	102
98108	$2,400/mo	-7.5%	$2.45	45	62
98101	$2,265/mo	-5.4%	$3.41	47	164
98106	$2,250/mo	-10.0%	$2.49	38	91
98107	$2,200/mo	+7.3%	$2.91	54	236
98115	$2,100/mo	-8.5%	$2.80	45	245
98103	$2,095/mo	+1.0%	$2.94	46	384
98109	$2,041/mo	-1.6%	$3.34	56	372
98112	$1,995/mo	-0.2%	$3.24	64	124
98116	$1,920/mo	-12.7%	$2.96	50	124
98118	$1,900/mo	-11.6%	$2.60	56	147
98119	$1,895/mo	-0.3%	$2.93	63	219
98126	$1,895/mo	-5.0%	$2.81	63	95
98144	$1,895/mo	-17.6%	$2.51	80	181
98102	$1,795/mo	-3.0%	$3.17	69	352
98122	$1,795/mo	+4.1%	$3.08	63	436
98125	$1,750/mo	+3.2%	$2.34	72	227
98133	$1,750/mo	-2.5%	$2.50	60	275
98105	$1,625/mo	-4.1%	$2.82	76	415

Comps for any address in Seattle

Type the address, get the comps. No setup.

Median Asking Rent by Bedroom

Unit Size	Median Rent	$/Sqft
Studio	$1,373/mo	$3.49/sqft
1 Bedroom	$1,750/mo	$2.82/sqft
2 Bedroom	$2,598/mo	$2.78/sqft
3 Bedroom	$3,725/mo	$2.44/sqft
4 Bedroom	$4,345/mo	$2.11/sqft

Aggregated median across all Seattle zip codes with available data.

For-Sale Listings by ZIP Code

ZIP	Median List Price	YoY Change	$/Sqft
98112	$1,299,000	-2.0%	$670.36
98199	$960,000	-12.7%	$541.21
98105	$949,000	-2.7%	$585.11
98116	$925,000	-5.1%	$601.70
98117	$899,950	+2.3%	$551.95
98102	$899,880	-2.1%	$609.35
98115	$859,950	-11.3%	$560.34
98107	$825,000	+1.2%	$553.85
98103	$799,950	-5.9%	$575.59
98122	$799,000	-4.3%	$588.61
98144	$775,000	+7.6%	$493.70
98125	$739,000	-3.4%	$487.87
98118	$699,995	-3.4%	$463.60
98119	$699,000	-19.2%	$564.86
98126	$699,000	-12.2%	$468.31
98133	$699,000	-3.6%	$464.23
98108	$689,000	+9.5%	$446.34
98101	$664,000	-3.1%	$755.67
98106	$649,000	-5.9%	$440.14
98109	$599,999	-7.7%	$593.96

HUD Fair Market Rents

Unit Size	Fair Market Rent	Median Asking Rent	Difference
Studio	$2,880/mo	$1,373/mo	-52%
1 Bedroom	$2,980/mo	$1,750/mo	-41%
2 Bedroom	$3,470/mo	$2,598/mo	-25%
3 Bedroom	$4,540/mo	$3,725/mo	-18%
4 Bedroom	$5,340/mo	$4,345/mo	-19%

HUD publishes Fair Market Rents once a year for the Seattle metro area. Local housing authorities use them to set Section 8 voucher payment standards, usually 90% to 110% of the FMR.

King County FMR page Section 8 vs market rent

About the Seattle rental market

The median asking rent across Seattle, WA sits at $1,963/month, pulled from active rental listings in 20 zip codes. That's down 3.1% from a year ago.

Rents aren't uniform across the city. ZIP 98117 tops the list at $2,599/month. ZIP 98105 comes in lowest at $1,625/month. About a 60% gap between the two ends of the city.

A 2-bedroom rents for $2,598/month at the median. 1-bedrooms run about $1,750. 3-bedrooms come in around $3,725.

Listings take longer here. The average is 56 days on market, which gives renters more room to negotiate and means landlords should price carefully.

Rent-to-price math is tight in Seattle. The gross figure sits at about 3.0% ($1,963/month against $787,000 median price). Most investors here are betting on appreciation, not monthly cash flow.

HUD's Fair Market Rent for a 2-bedroom in the Seattle metro is $3,470/month. Asking rents come in about 43% below the federal benchmark, which can make Section 8 properties competitive here.

Seattle's rental market runs on tech. Amazon, Microsoft, and a deep startup ecosystem produce well-paying renters who can absorb high rents. No state income tax helps both tenants and landlords. Capitol Hill, Ballard, and Fremont are premium. South Seattle, Rainier Valley, and the suburbs are moderate. Washington has been adding tenant protections over the past few years, so landlords have to stay current on notice requirements and eviction rules. The market softened when remote work took off and some tech workers left for cheaper cities. It's recovered, but the episode showed Seattle isn't as bulletproof as it looked pre-2020.

These numbers are city-wide averages. If you're pricing a specific property in Seattle, pull comps from the same zip code. The spread is usually bigger than people expect.