Rental numbers for King County, WA
The typical home here runs -$3,849 a month at 7.78% with 25% down. 0 of 72 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 3.4%.
- Gross yield
- 3.4%
- typical home, Zillow
- Median ZIP yield
- 3.4%
- 72 ZIPs with full data
- Cash flow
- -$3,849/mo
- at 7.78%, 25% down
- Typical price
- $835,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $2,343/mo
- Zillow ZORI, Aug 2026
ZIP codes in King County
80 with published figures
| 98134Seattle | $432,000 | $2,410* | 6.7% | 3.5% | -$1,051 | n/a |
| 98121Seattle | $533,000 | $2,729 | 6.1% | 3.2% | -$1,434 | -2.6% |
| 98101Seattle | $555,000 | $2,607 | 5.6% | 2.8% | -$1,679 | +0.2% |
| 98288Skykomish | $465,000 | $2,160* | 5.6% | 3.0% | -$1,345 | n/a |
| 98224Gold Bar | $483,000 | $2,160* | 5.4% | 2.7% | -$1,523 | n/a |
| 98019Duvall | $920,000 | $4,009 | 5.2% | 2.5% | -$3,012 | n/a |
| 98001Auburn | $621,000 | $2,666 | 5.1% | 2.3% | -$2,140 | +4.0% |
| 98057Renton | $552,000 | $2,188 | 4.8% | 2.0% | -$2,041 | +2.2% |
| 98038Maple Valley | $771,000 | $3,044 | 4.7% | 2.1% | -$2,809 | +1.4% |
| 98104Seattle | $535,000 | $2,048 | 4.6% | 1.9% | -$2,022 | -1.7% |
| 98002Auburn | $482,000 | $1,818 | 4.5% | 1.6% | -$1,946 | +3.0% |
| 98106Seattle | $651,000 | $2,438 | 4.5% | 1.9% | -$2,491 | +2.8% |
| 98042Covington | $685,000 | $2,547 | 4.5% | 1.8% | -$2,680 | +3.4% |
| 98032Kent | $531,000 | $1,956 | 4.4% | 1.7% | -$2,120 | +0.7% |
| 98198Des Moines | $586,000 | $2,149 | 4.4% | 1.6% | -$2,355 | +5.2% |
| 98010Black Diamond | $759,000 | $2,768 | 4.4% | 1.9% | -$2,911 | +2.9% |
| 98047Pacific | $541,000 | $1,941 | 4.3% | 1.5% | -$2,252 | n/a |
| 98168Burien | $572,000 | $2,004 | 4.2% | 1.5% | -$2,390 | +0.7% |
| 98108Seattle | $671,000 | $2,324 | 4.2% | 1.6% | -$2,722 | +2.6% |
| 98055Renton | $638,000 | $2,150 | 4.0% | 1.4% | -$2,703 | +2.2% |
| 98003Federal Way | $558,000 | $1,870 | 4.0% | 1.4% | -$2,366 | +2.2% |
| 98070Vashon | $886,000 | $2,967 | 4.0% | 1.4% | -$3,709 | n/a |
| 98109Seattle | $757,000 | $2,539 | 4.0% | 1.6% | -$3,099 | -1.5% |
| 98022Enumclaw | $666,000 | $2,225 | 4.0% | 1.5% | -$2,779 | +0.3% |
| 98188Seatac | $580,000 | $1,929 | 4.0% | 1.2% | -$2,556 | +3.2% |
| 98065Snoqualmie | $1,057,000 | $3,499 | 4.0% | 1.5% | -$4,410 | +3.8% |
| 98023Federal Way | $602,000 | $1,969 | 3.9% | 1.3% | -$2,581 | +1.1% |
| 98058Renton | $715,000 | $2,335 | 3.9% | 1.3% | -$3,080 | +3.3% |
| 98045North Bend | $983,000 | $3,181 | 3.9% | 1.4% | -$4,174 | +3.9% |
| 98092Auburn | $662,000 | $2,128 | 3.9% | 1.2% | -$2,923 | +2.7% |
| 98030Kent | $621,000 | $1,966 | 3.8% | 1.1% | -$2,765 | +2.7% |
| 98178Bryn Mawr-Skyway | $643,000 | $2,036 | 3.8% | 1.2% | -$2,819 | +3.3% |
| 98177Shoreline | $1,100,000 | $3,471 | 3.8% | 1.3% | -$4,705 | n/a |
| 98148Burien | $597,000 | $1,826 | 3.7% | 1.1% | -$2,678 | +2.4% |
| 98051Ravensdale | $867,000 | $2,640* | 3.6% | 1.2% | -$3,793 | n/a |
| 98008Bellevue | $1,317,000 | $3,952 | 3.6% | 1.3% | -$5,639 | +6.0% |
| 98031Kent | $656,000 | $1,922 | 3.5% | 0.9% | -$3,033 | +0.4% |
| 98029Issaquah | $1,113,000 | $3,160 | 3.4% | 1.1% | -$4,983 | +2.0% |
| 98014Carnation | $985,000 | $2,795 | 3.4% | 1.0% | -$4,477 | n/a |
| 98107Seattle | $830,000 | $2,335 | 3.4% | 0.9% | -$3,837 | +0.3% |
| 98155Shoreline | $805,000 | $2,252 | 3.4% | 0.9% | -$3,740 | +1.1% |
| 98056Renton | $834,000 | $2,312 | 3.3% | 0.9% | -$3,903 | +3.2% |
| 98126Seattle | $739,000 | $2,043 | 3.3% | 0.9% | -$3,422 | +1.7% |
| 98118Seattle | $718,000 | $1,976 | 3.3% | 0.9% | -$3,333 | +2.1% |
| 98102Seattle | $745,000 | $2,035 | 3.3% | 0.9% | -$3,443 | +0.9% |
| 98117Seattle | $959,000 | $2,565 | 3.2% | 0.9% | -$4,466 | +1.4% |
| 98146Burien | $670,000 | $1,794 | 3.2% | 0.7% | -$3,245 | -0.8% |
| 98144Seattle | $760,000 | $1,990 | 3.1% | 0.8% | -$3,596 | +0.5% |
| 98133Shoreline | $732,000 | $1,909 | 3.1% | 0.7% | -$3,512 | +1.1% |
| 98103Seattle | $890,000 | $2,280 | 3.1% | 0.8% | -$4,225 | +1.6% |
| 98122Seattle | $806,000 | $2,063 | 3.1% | 0.7% | -$3,877 | -0.3% |
| 98028Kenmore | $989,000 | $2,521 | 3.1% | 0.6% | -$4,814 | +1.8% |
| 98136Seattle | $921,000 | $2,343 | 3.0% | 0.7% | -$4,422 | +3.0% |
| 98034Kirkland | $1,009,000 | $2,522 | 3.0% | 0.8% | -$4,781 | +3.3% |
| 98059Renton | $929,000 | $2,305 | 3.0% | 0.5% | -$4,579 | +1.3% |
| 98053Redmond | $1,392,000 | $3,401 | 2.9% | 0.6% | -$6,768 | +3.1% |
| 98007Bellevue | $996,000 | $2,422 | 2.9% | 0.7% | -$4,795 | +0.7% |
| 98074Sammamish | $1,496,000 | $3,601 | 2.9% | 0.7% | -$7,200 | +3.5% |
| 98125Seattle | $790,000 | $1,897 | 2.9% | 0.6% | -$3,880 | +0.2% |
| 98006Bellevue | $1,572,000 | $3,701 | 2.8% | 0.7% | -$7,584 | +3.7% |
| 98027Issaquah | $1,154,000 | $2,696 | 2.8% | 0.4% | -$5,786 | +2.6% |
| 98116Seattle | $976,000 | $2,272 | 2.8% | 0.5% | -$4,841 | +1.5% |
| 98199Seattle | $1,224,000 | $2,807 | 2.8% | 0.5% | -$6,096 | +5.4% |
| 98011Bothell | $995,000 | $2,268 | 2.7% | 0.4% | -$5,029 | +0.6% |
| 98115Seattle | $1,021,000 | $2,299 | 2.7% | 0.4% | -$5,133 | +2.6% |
| 98075Sammamish | $1,732,000 | $3,831 | 2.6% | 0.6% | -$8,456 | +5.4% |
| 98166Burien | $817,000 | $1,770 | 2.6% | 0.2% | -$4,286 | +6.3% |
| 98077Woodinville | $1,446,000 | $2,990* | 2.5% | 0.2% | -$7,507 | n/a |
| 98052Redmond | $1,279,000 | $2,626 | 2.5% | 0.3% | -$6,591 | +3.6% |
| 98024Fall City | $1,222,000 | $2,470* | 2.4% | 0.1% | -$6,488 | n/a |
| 98119Seattle | $1,025,000 | $2,072 | 2.4% | 0.2% | -$5,332 | +0.5% |
| 98072Woodinville | $1,247,000 | $2,503 | 2.4% | 0.1% | -$6,609 | +2.7% |
| 98050Issaquah | $1,362,000 | $2,720* | 2.4% | 0.5% | -$6,787 | n/a |
| 98112Seattle | $1,338,000 | $2,373 | 2.1% | 0.1% | -$7,096 | +0.4% |
| 98033Kirkland | $1,549,000 | $2,736 | 2.1% | 0.1% | -$8,233 | +2.3% |
| 98105Seattle | $1,140,000 | $2,017 | 2.1% | -0.0% | -$6,173 | -0.5% |
| 98005Bellevue | $1,536,000 | $2,615 | 2.0% | 0.0% | -$8,235 | +0.0% |
| 98004Bellevue | $1,954,000 | $3,049 | 1.9% | 0.1% | -$10,432 | +1.8% |
| 98040Mercer Island | $2,258,000 | $2,827 | 1.5% | -0.3% | -$12,643 | +3.0% |
| 98039Medina | $4,549,000 | $3,240* | 0.9% | -0.8% | -$27,492 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- -2.0%
- Rent, 12 months
- +1.3%
- Rent minus price growth
- +3.4 pts
- Property tax
- 0.83%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $775,266 | $2,015 |
| Aug 2022 | $884,556 | $2,204 |
| Aug 2023 | $822,510 | $2,200 |
| Aug 2024 | $863,070 | $2,258 |
| Aug 2025 | $852,814 | $2,312 |
| Aug 2026 | $835,385 | $2,343 |
HUD Fair Market Rent
FY2027, Seattle-Bellevue, WA HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $2,091 | $2,180 | $2,549 | $3,324 | $3,954 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 12.1
- 11,408 units, last 12 months
- National percentile
- 77th
- among US counties
Tools
Test a listing in King County against today's rate.
Open the calculatorPart of the Seattle, WA metro.
Questions
- Is King County good for rental property?
- The typical home here runs -$3,849 a month at 7.78% with 25% down. 0 of 72 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 3.4%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in King County?
- About 0.83% of value, from Census ACS median taxes paid over median home value. On a $835,000 home that is about $6,909 a year.
- What is Fair Market Rent in King County?
- HUD's FY2027 Fair Market Rent here is $2,180 for a 1-bedroom, $2,549 for a 2-bedroom and $3,324 for a 3-bedroom. Typical cash flow at today's rate is -$3,849 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.