Last updated
Average Rent in Renton 98055 & Rent Trends
Rent prices and market trends across 1 apartment community in Renton 98055, Renton, WA. Updated daily.
Market Average
$1,558/mo
▼ 1.9% from last month
Lowest Available
$1,315/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
23
available now
Renton 98055 vs Renton, WA Average
Renton 98055 is cheaper the Renton, WA average by $220/mo (12%). The citywide average is $1,778/mo across all neighborhoods.
Is Rent Going Up or Down in Renton 98055?
As of May 2026, the average rent in Renton 98055 is $1,558 per month across 1 apartment community and 23 available units. Rents have decreased $30 (1.9%) over the past month.
The most affordable option is The Berkshire Apartment Homes starting at $1,315/mo. By unit type, a 1-bedroom averages $1,514/mo, a 2-bedroom averages $1,765/mo.
Prices range from $1,315 to $1,851 per month. The most common price point is the $1,400 range, where 18 units are currently listed.
Renton 98055 Rent Price History
Average Rent by Bedroom
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 | $1,315/mo | $1,558/mo | 23 | 3.7 |
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
$62,000/year
30 percent rule -- using our average rent of $1,558/mo.
Comfortable income
$75,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,315/mo), you need to earn at least $53,000/year.
Cost of living in Renton 98055
We only have live rent data for Renton 98055 so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,558 |
| Estimated total | $1,558/mo |
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 are refreshed annually.
Explore Renton 98055 Apartments
Browse all 1 communities with daily-updated pricing and availability.