Last updated
Average Rent in Kent 98003 & Rent Trends
Rent prices and market trends across 1 apartment community in Kent 98003, Kent, WA. Updated daily.
Market Average
$1,125/mo
▲ +4.6% from last month
Lowest Available
$1,065/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
35
available now
Kent 98003 vs Kent, WA Average
Kent 98003 is cheaper the Kent, WA average by $473/mo (30%). The citywide average is $1,598/mo across all neighborhoods.
Is Rent Going Up or Down in Kent 98003?
As of May 2026, the average rent in Kent 98003 is $1,125 per month across 1 apartment community and 35 available units. Rents have increased $65 (4.6%) over the past month.
The most affordable option is Riverstone Apartments starting at $1,065/mo. By unit type, a studio averages $1,125/mo.
Prices range from $1,065 to $1,245 per month. The most common price point is the $1,000 range, where 29 units are currently listed.
Kent 98003 Rent Price History
Rent Price Distribution
Rent by Bedroom Type in Kent 98003
Rent Prices by Apartment in Kent 98003
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Riverstone Apartments | $1,065/mo | $1,125/mo | 35 | 3.9 |
Google Search Trends for Kent 98003 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Kent 98003
What is the average rent in Kent 98003?
Is rent going up or down in Kent 98003?
What is the cheapest apartment in Kent 98003?
How many apartments are available in Kent 98003?
What salary do I need to live comfortably in Kent 98003?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$45,000/year
30 percent rule -- using our average rent of $1,125/mo.
Comfortable income
$54,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,065/mo), you need to earn at least $43,000/year.
Median household income in Kent 98003 is $90,416 , about 67% above the comfortable-living threshold.
Cost of living in Kent 98003
Overall prices in Kent 98003 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 Kent 98003's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,125 |
| Utilities | $652 |
| Groceries | $584 |
| Transportation | $1,553 |
| Healthcare | $758 |
| Other goods and services | $1,212 |
| Estimated total | $5,884/mo |
Population
135,015
Median household income
$90,416
Census median rent
$1,833/mo
Rent as % of income
32.4%
Median age
35.3
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 Kent 98003 Apartments
Browse all 1 communities with daily-updated pricing and availability.