Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in ZCTA5 98118, Washington?
ZIP code · Census ACS 5-Year estimates
The median gross rent in ZCTA5 98118, Washington (ZIP 98118) is $1,839/month (±$94), based on Census ACS 5-Year estimates (2024). The median home value is $810,500 (±$30,688), and the median household income is $113,762/year. The unemployment rate in King County, Washington was 4.9% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for ZIP 98118
| Metric | Value |
|---|---|
| Median Gross Rent | $1,839 |
| Median Home Value | $810,500 |
| Median Household Income | $113,762 |
| Total Housing Units | 19,176 |
| Renter-Occupied Units | 8,227 |
| Renter-Occupied Share | 43% |
| Households Paying 50%+ Income | 1,953 households |
| Unemployment Rate(April 2026) | 4.9% |
How does ZIP 98118 compare?
Median gross rent ranked against all ZIP codes in Washington.
Higher rent than 75% of ZIP codes in Washington · 121th of 476
| # | ZIP code | Value |
|---|---|---|
| 1 | ZCTA5 98592 | $3,501 |
| 1 | ZCTA5 98039 | $3,501 |
| 3 | ZCTA5 98075 | $3,312 |
| … 117 more … | ||
| 121 | ZCTA5 98118(you are here) | $1,839 |
| … 352 more … | ||
| 474 | ZCTA5 99155 | $423 |
| 475 | ZCTA5 99135 | $393 |
| 476 | ZCTA5 99371 | $281 |
Geography
ZIP 98118 is in King County, Washington.
It covers part of Seattle city, Washington.
More data for ZCTA5 98118
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Frequently asked questions
What is the average rent in ZCTA5 98118, Washington?
The median gross rent in ZCTA5 98118, Washington (ZIP 98118) is $1,839/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in ZCTA5 98118, Washington?
The median rent for a 2-bedroom in ZCTA5 98118, Washington is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in ZCTA5 98118, Washington?
The median home value in ZCTA5 98118, Washington (ZIP 98118) is $810,500 according to Census ACS 5-Year estimates (2024).
What percentage of renters in ZCTA5 98118 are rent-burdened?
In ZCTA5 98118, Washington, 1,953 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in ZCTA5 98118, Washington?
The median household income in ZCTA5 98118, Washington is $113,762/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,839 has a margin of error of ±$94. In very small areas, MOEs can be large relative to the estimate.
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