Apartments in 98023

25 rentals

Apartments For Rent Near 98023

We found 30 more apartments matching your filters just outside 98023

Average Rent Trends in 98023

Rent in 98023 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Sep 2025.
MonthAverage rent
Jun 2025$1,703
Jul 2025$2,048
Aug 2025$1,900
Sep 2025$2,054
Oct 2025$1,783
Nov 2025$1,931
Dec 2025$2,015
Jan 2026$2,013
Feb 2026$2,005
Mar 2026$2,044
Apr 2026$2,067
May 2026$2,097
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,588$1,915$2,750$3,275$2,600
Townhomes$2,000$2,300——$2,000
Apartments and Condos$1,700$2,300$2,400—$2,300
Houses—$1,995$3,306$3,275$3,300

Frequently Asked Questions about Apartments and Condos for rent in 98023

  • What is the average rent of an apartment in 98023?
    The average rent of an apartment in 98023 is $2,102 per month. This is about 9% higher than the national average.
  • When is the average rent cheapest in 98023?
    In the last year, the average rent in 98023 was lowest in Apr 2025 when it was $1,660 per month.
  • When is the average rent most expensive in 98023?
    In the last year, the average rent in 98023 was highest in Sep 2025 when it was $2,054 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 98023?
    The average rent of a 1 bedroom apartment in 98023 is $1,641 per month. That is about $359 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 98023?
    There are 24 available apartments or condos to rent in 98023.
  • What are some cities near 98023?
    Some nearby cities include: Federal Way, Milton, Fife, Algona, Des Moines, Tacoma. These cities may have more rental options to explore.