Last updated
Average Rent in Renton 98055 & Rent Trends
Rent prices and market trends across 2 apartment communities in Renton 98055, Renton, WA. Updated daily.
Market Average
$1,738/mo
▲ +2% from last month
Lowest Available
$1,566/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
5
available now
Renton 98055 vs Renton, WA Average
Renton 98055 is cheaper the Renton, WA average by $546/mo (24%). The citywide average is $2,284/mo across all neighborhoods.
Is Rent Going Up or Down in Renton 98055?
As of July 2026, the average rent in Renton 98055 is $1,738 per month across 2 apartment communities and 5 available units. Rents have increased $37 (2%) over the past month.
The most affordable option is The Berkshire Apartment Homes starting at $1,566/mo. By unit type, a 1-bedroom averages $1,738/mo.
Prices range from $1,566 to $2,000 per month. The most common price point is the $1,400 range, where 2 units are currently listed.
Renton 98055 Rent Price History
Rent Price Distribution
Rent by Bedroom Type in Renton 98055
Rent Prices by Apartment in Renton 98055
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| The Berkshire Apartment Homes | $1,566/mo | $1,603/mo | 3 | 3.7 |
| Avaya Ridge Apartments | $1,881/mo | $1,941/mo | 2 | 4.2 |
Google Search Trends for Renton 98055 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Renton 98055
What is the average rent in Renton 98055?
Is rent going up or down in Renton 98055?
What is the cheapest apartment in Renton 98055?
How much is a 1-bedroom apartment in Renton 98055?
How many apartments are available in Renton 98055?
What salary do I need to live comfortably in Renton 98055?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$70,000/year
Based on the 30 percent rule, using our tracked average rent of $1,738/mo.
Comfortable income
$83,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,566/mo), you need to earn at least $63,000/year.
Median household income in Renton 98055 is $96,626 , about 16% above the comfortable-living threshold.
Cost of living in Renton 98055
Overall prices in Renton 98055 runs above the national average by about 13% (BEA Regional Price Parity index 112.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Renton 98055's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,738 |
| Utilities | $652 |
| Groceries | $584 |
| Transportation | $1,553 |
| Healthcare | $758 |
| Other goods and services | $1,212 |
| Estimated total | $6,497/mo |
Population
105,279
Median household income
$96,626
Census median rent
$1,923/mo
Rent as % of income
32.2%
Median age
36.5
Mean commute
30 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Renton 98055 Apartments
Browse all 2 communities with daily-updated pricing and availability.