Rentometer, Inc. | Data as of 01/10/2026
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 | $1,595 | $1,595 | $1,543 - $1,665 | $1,575 - $1,610 |
| Apartment | 1 Bedroom | $1,756 | $1,725 | $1,245 - $2,180 | $1,668 - $1,877 |
| Apartment | 2 Bedroom | $2,158 | $2,105 | $1,395 - $3,166 | $1,971 - $2,245 |
| Apartment | 3 Bedroom | $2,448 | $2,495 | $2,300 - $2,502 | $2,421 - $2,500 |
| House | 2 Bedroom | $1,898 | $1,945 | $957 - $2,600 | $1,450 - $2,300 |
| House | 3 Bedroom | $2,633 | $2,600 | $1,350 - $4,950 | $2,450 - $2,750 |
| House | 4+ Bedroom | $3,068 | $3,099 | $2,600 - $3,750 | $2,849 - $3,200 |
In the current period, the average rent in ZIP Code 98516 was $1,596 for Studio, $1,777 for 1 Bedroom, $2,128 for 2 Bedroom, $2,615 for 3 Bedroom, and $3,000 for 4+ Bedroom.
Data provided by Rentometer, Inc.