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Rent by ZIP · King County

Rent in Seattle, WA 98121

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $3,630 (-2.9% vs FY2026). Renters in this ZIP code pay a median $2,337 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$2,980$3,100-3.9%$2,682–3,278$1,887 ±$128
1 bedroom$3,100$3,210-3.4%$2,790–3,410$2,422 ±$142
2 bedrooms$3,630$3,740-2.9%$3,267–3,993$3,500+
3 bedrooms$4,730$4,890-3.3%$4,257–5,203$2,250 ±$1,225
4 bedrooms$5,630$5,750-2.1%$5,067–6,193–

Small Area FMRs for the Seattle-Bellevue, WA HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Seattle-Bellevue, WA HUD Metro FMR Area, 2 bedrooms: $2,549.

What renters pay in 98121

Median gross rent$2,337±$96 · all sizes
Renter households11,05577% of occupied homes
No cash rent127households

How rents are spread

Under $1,0009%
$1,000–1,4998%
$1,500–1,99920%
$2,000–2,49919%
$2,500–2,99914%
$3,000–3,49914%
$3,500+16%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
98122Seattle$3,160$2,661
98119Seattle$2,740$2,673
98118Seattle$2,430$1,854
98117Seattle$2,780$2,427
98125Seattle$2,640$2,130
98116Seattle$2,520$2,375

Fair Market Rents across King County, WA · All WA counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.