Average Rent in King, WA

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Current Versus Historical King, WA Rents

King rentals average $1,598 for a studio rental to $5,400 for a 4-bedroom rental. The median price of all currently available listings is $2,235, or roughly $3 per square feet.

For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $423 (31.30%) year-over-year from $1,350 to $1,773. 1-bedroom rentals prices have increased by $41 (2.31%) year-over-year from $1,757 to $1,798. 2-bedroom rentals prices have increased by $212 (9.28%) year-over-year from $2,288 to $2,500. 3-bedroom rentals prices have increased by $313 (9.54%) year-over-year from $3,284 to $3,598. 4-bedroom rentals prices have increased by $1,616 (40.58%) year-over-year from $3,982 to $5,598. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 16.55% this month. 1-bedroom rents have gone up by 0.37% this month. 2-bedroom rents have gone up by 2.61% this month. 3-bedroom rents have gone up by 4.86% this month. 4-bedroom rents have gone up by 17.49% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.74	$1,773	$1,350 (31.30%)	$1,617 (9.59%)
1 BR	$3.08	$1,798	$1,757 (2.31%)	$1,597 (12.55%)
2 BR	$2.77	$2,500	$2,288 (9.28%)	$2,144 (16.59%)
3 BR	$2.37	$3,598	$3,284 (9.54%)	$2,863 (25.64%)
4+ BR	$2.43	$5,598	$3,982 (40.58%)	$3,502 (59.85%)

Historical Rents in King, WA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near King

There are a total of 4 cities nearby King. The average rent in King is currently $2,325 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Yakima, WA, with an average rent of $995, is the most affordable city nearby. In contrast, the most expensive city near King, WA is Bellevue, WA. Monthly rents here are on average $3,271 per month.

Let's compare King, WA's rent against other top cities nearby by bedroom size. Typically, rent for studios in King, WA is 12.14% more affordable than other cities nearby. One bedrooms are about 8.90% more affordable. Two bedrooms in King, WA are about 7.21% more affordable. Finally, rent for three bedrooms are about 2.50% more affordable. Want more information? Check out the top 4 cities near King, WA in the following chart.

City	Studio	1 Bed	2 Bed	All
Yakima, WA	$695	$898	$1,113	$995
Seattle, WA	$1,512	$1,944	$2,732	$2,050
Redmond, WA	$2,071	$2,401	$3,124	$2,599
Bellevue, WA	$2,237	$3,018	$3,617	$3,271

Top Neighborhoods Near King

There are a total of 3 neighborhoods in or near King. Some of these neighborhoods include Broadway, Belltown, and Downtown Bellevue. We've included all of these top 3 neighborhoods in or near King, WA in the following chart.

The average rent for these 3 neighborhoods in or near King, WA is currently around $2,050 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Out of all the neighborhoods in or near King, Broadway has the most affordable average rent at $1,725 per month. Whereas, at $3,258 average rent per month, Downtown Bellevue is the most expensive neighborhood in or near King. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Broadway, Seattle, WA	$1,495	$1,851	$2,595	$1,725
Belltown, Seattle, WA	$1,568	$2,288	$3,227	$2,050
Downtown Bellevue, Bellevue, WA	$2,237	$3,078	$4,075	$3,258

Top Counties Near King

There are a total of 3 counties located by King, WA. Some of these counties include Yakima, WA, Kittitas, WA, and Island, WA. The average rent for rentals in these counties is $1,700. That's roughly around $2 per sqft. A total of 6 counties have a lower average rent. The county that is the most affordable is Yakima, WA. It's average rent per month is $1,095. Vice versa, with an average rent of $2,747, Snohomish, WA is the most expensive county by King, WA.

Typically, rent for studios in King, WA is 37.40% more expensive than other counties nearby. In comparison, rent for one bedroom listings in King, WA is 37.97% more expensive than other counties nearby. Finally, rent for two bedrooms in King, WA is 36.93% more expensive than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Yakima, WA	$673	$895	$1,200	$1,095
Kittitas, WA	$1,300	$1,015	$1,413	$1,575
Island, WA	$1,000	$1,225	$1,650	$1,700
Chelan, WA	$895	$1,238	$1,750	$1,700
Thurston, WA	N/A	$1,450	$1,948	$2,095
Pierce, WA	$2,500	$1,395	$1,723	$2,200
Snohomish, WA	$5,000	$2,027	$2,441	$2,747

Top Zipcodes Near King

There are a total of 6 zipcodes in or near King, WA. The average rent for all of these zipcodes is $2,363. A total of 3 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 98122, Seattle, WA at $1,725 per month. In comparison, the zipcode with the most expensive average rent of $3,511 per month is 98004, Bellevue, WA.

Studios in these zipcodes have an average rent of $1,948. That's at least $4 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near King, WA is $2,344 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,176 per month. Which comes out to $3 per sqft. The following chart includes the top 6 zipcodes in King, WA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
98052, Redmond, WA	$2,071	$2,401	$3,124	$2,626
98109, Seattle, WA	$1,945	$2,101	$3,075	$2,100
98122, Seattle, WA	$1,525	$1,750	$2,150	$1,725
98101, Seattle, WA	$1,950	$2,598	$3,989	$3,261
98121, Seattle, WA	$1,568	$2,288	$3,227	$2,050
98004, Bellevue, WA	$2,237	$3,078	$4,036	$3,511

Frequently Asked Questions - King Average Rents

What is the average rent price in King, WA?

The average monthly rental price for King, WA apartments for rent is approximately $2,235. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do King, WA rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in King, WA.

How much is a studio apartment in King, WA?

The average monthly rental price for studio apartments is $1,598 and an average price per square feet of $3.74. There are a total of 194 studio apartment listings currently available for rent in King.

How much is a one bedroom apartment in King, WA?

The average monthly rental price for one bedroom apartments is $1,995 and an average price per square feet of $3.08. There are a total of 358 one bedroom apartment listings currently available for rent in King.

How much is a two bedroom apartment in King, WA?

The average monthly rental price for two bedroom apartments is $2,731 and an average price per square feet of $2.77. There are a total of 275 two bedroom apartment listings currently available for rent in King.

How have rent prices in King, WA changed this year?

Rent prices for rentals in King, WA can fluctuate yearly. Specifically, studio rental prices have changed by 0.31%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by 0.09%, and three bedroom rental prices have changed by 0.10% year-over-year.

What is a reasonable rent price in King, WA?

A reasonable rent price in King, WA is around $1,788/month. You can search for these reasonably priced rental listings on RentHop.