Cheap Apartments for Rent in 98047
12 rentals
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Apartments For Rent Near 98047
We found 9 more apartments matching your filters just outside 98047
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,525 - $1,970/mo
Studio-2 Beds
1-2 BathsMill Pond Apartments | 703 47th St SE #D103,
Auburn, WA 98092
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$1,686 - $2,693/mo1-3 Beds1-2 BathsBelara at Lakeland | 6170 Terrace View Ln SE #M204,
Auburn, WA 98092
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Average Rent Trends in 98047
Rent in 98047 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 Apr 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,721 |
| Jul 2025 | $1,769 |
| Aug 2025 | $1,809 |
| Sep 2025 | $1,765 |
| Oct 2025 | $1,840 |
| Nov 2025 | $1,776 |
| Dec 2025 | $1,828 |
| Jan 2026 | $1,765 |
| Feb 2026 | $1,908 |
| Mar 2026 | $1,944 |
| Apr 2026 | $1,945 |
| May 2026 | $2,000 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,295 | $1,700 | $2,750 | $3,600 | $2,000 |
| Townhomes | — | — | $2,750 | — | $2,750 |
| Apartments and Condos | $1,295 | $1,700 | — | — | $1,500 |
| Houses | — | $1,850 | $3,050 | $3,800 | $2,750 |
Frequently Asked Questions about Rentals in 98047
- What is the average rent of an apartment in 98047?The average rent of an apartment in 98047 is $1,705 per month. This is about 12% lower than the national average.
- What is the average rent of a house in 98047?The average rent of a house in 98047 is $2,750 per month. This is about 43% higher than the national average.
- What is the average rent of a townhome in 98047?The average rent of a townhome in 98047 is $2,750 per month. This is about 43% higher than the national average.
- When is the average rent cheapest in 98047?In the last year, the average rent in 98047 was lowest in Jan 2025 when it was $1,595 per month.
- When is the average rent most expensive in 98047?In the last year, the average rent in 98047 was highest in Apr 2025 when it was $1,923 per month.
- How many available rental listings are in 98047?There are 11 available rental listings in 98047.
- What are some cities near 98047?