Rentometer, Inc. | Data as of 03/10/2026
Curious about how much rent goes for in ZIP Code 98516? Whether you're eyeing a studio apartment or managing a spacious 4-bedroom house, Rentometer has you covered with the latest average rent data across every property type.
This report covers average rent prices for apartments and single-family homes in ZIP Code 98516, broken down by bedroom count. All estimates are powered by Rentometer, the leading source for hyperlocal rental data and comps.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,570 | $1,585 | $1,360 - $1,665 | $1,575 - $1,640 |
| Apartment | 1 Bedroom | $1,797 | $1,786 | $1,245 - $2,180 | $1,701 - $1,905 |
| Apartment | 2 Bedroom | $2,194 | $2,112 | $1,495 - $3,166 | $1,995 - $2,245 |
| Apartment | 3 Bedroom | $2,424 | $2,495 | $2,291 - $2,502 | $2,300 - $2,500 |
| House | 2 Bedroom | $2,055 | $2,042 | $1,450 - $2,600 | $1,900 - $2,300 |
| House | 3 Bedroom | $2,600 | $2,525 | $1,350 - $4,950 | $2,450 - $2,700 |
| House | 4+ Bedroom | $3,052 | $3,099 | $2,600 - $3,700 | $2,800 - $3,200 |
In the current period, the average rent in ZIP Code 98516 was $1,570 for Studio, $1,821 for 1 Bedroom, $2,180 for 2 Bedroom, $2,586 for 3 Bedroom, and $2,985 for 4+ Bedroom.
Data provided by Rentometer, Inc.