Rent in Washington
The median 2-bedroom Fair Market Rent in Washington is $1,550/mo, ranking #20 out of 51 states for highest rent. This is $300 above the national median of $1,250/mo. Washington has a population of 7.7M. About 36.1% of households rent their homes. Fair Market Rent data covers 15 areas across the state.
Highlights
All 15 Areas in Washington
| Area | Studio | 1BR | 2BR | 3BR | Burden | YoY |
|---|---|---|---|---|---|---|
| Seattle-Bellevue Pop. 4.0M | $2,074 | $2,146 | $2,501 | $3,272 | 26.7% | -5.4% |
| Bremerton-Silverdale-Port Orchard Pop. 277K | $1,400 | $1,548 | $2,031 | $2,676 | 24.7% | - |
| Tacoma Pop. 4.0M | $1,428 | $1,605 | $1,971 | $2,733 | 21% | -0.8% |
| Olympia-Lacey-Tumwater Pop. 297K | $1,538 | $1,682 | $1,960 | $2,613 | 25% | - |
| Portland-Vancouver-Hillsboro Pop. 2.5M | $1,570 | $1,677 | $1,922 | $2,619 | 24.4% | -5% |
| Bellingham Pop. 228K | $1,463 | $1,493 | $1,794 | $2,495 | 26.6% | +14.2% |
| Mount Vernon-Anacortes Pop. 130K | $1,186 | $1,311 | $1,720 | $2,392 | 24.1% | +3.8% |
| Walla Walla Pop. 62K | $1,074 | $1,181 | $1,550 | $2,118 | 25.8% | +6.6% |
| Kennewick-Richland Pop. 308K | $1,122 | $1,268 | $1,538 | $2,071 | 21.5% | +3.6% |
| Spokane Pop. 592K | $1,103 | $1,193 | $1,531 | $2,088 | 25.2% | +17.4% |
| Wenatchee-East Wenatchee Pop. 123K | $1,034 | $1,143 | $1,500 | $2,063 | 22.8% | - |
| Longview-Kelso Pop. 112K | $1,000 | $1,199 | $1,451 | $2,018 | 23.9% | - |
| Yakima Pop. 257K | $1,040 | $1,047 | $1,374 | $1,911 | 24.2% | +4.9% |
| Lewiston Pop. 65K | $925 | $931 | $1,220 | $1,697 | 20.7% | +10% |
| Stevens County Pop. 47K | $879 | $885 | $1,131 | $1,573 | 20.1% | +18.1% |
Frequently Asked Questions
The median 2-bedroom Fair Market Rent across Washington is $1,550 per month. Rents range from $1,131/mo in Stevens County to $2,501/mo in Seattle-Bellevue. The actual median gross rent statewide is $1,682/mo according to Census data.
Washington ranks #20 out of 51 states for highest median Fair Market Rent. The state median 2BR FMR of $1,550/mo is $300 above the national median of $1,250/mo.
The average rent burden across Washington is 23.8%, meaning a typical household would spend 23.8% of income on a 2-bedroom at Fair Market Rent. No areas exceed HUD's 30% cost-burden threshold. The statewide median household income is $94,952.
The most affordable area in Washington is Stevens County with a 2-bedroom Fair Market Rent of $1,131/mo. The median household income there is $67,405.
The most expensive area in Washington is Seattle-Bellevue with a 2-bedroom Fair Market Rent of $2,501/mo. The median household income there is $112,594.
Fair Market Rents represent the 40th percentile of gross rents for standard-quality rental units. State-level income and demographic data comes from the Census Bureau ACS 5-Year estimates. Rent burden is calculated as annual 2BR FMR divided by area median household income.