See all rent data for Everett, WA →
Typical Rent in 98204 — Everett, WA
The typical 1-bedroom rent in 98204 (Everett, WA) is $2,328/month as of 2026, based on 5 data sources. Rents have fallen 1.6% year over year, so an increase above 1.6% exceeds the local market trend. Studio: $1,800. 2-bedroom: $2,160.
Rents in Everett have changed approximately -9.8% – -0.4% over the past year based on local market data. Rents are declining in this area — any increase is above the local market trend.
Estimated Rent · 1-Bedroom
$2,328/mo
Source: HUD Estimated Rent
Data through
Based on 5 independent data sources including local market trends and nearby listings.
The HUD Fair Market Rent for a 1-bedroom in 98204 (Everett, WA) is $1,850 for FY2026.
Rents in 98204 have decreased 1.6% year-over-year based on local market data.
The confidence level for this estimate is high based on 5 data sources.
Based on local market data, a fair rent increase in Everett (98204) is approximately 1.6% for 2026. The typical 1-bedroom rent is $2,328/month. Any increase significantly above 1.6% exceeds the local market trend and may be worth negotiating.
Sources: local market data, HUD SAFMR FY2026, Rentcast. Updated February 2026.
What Should Rent Cost in 98204 (Everett)?
Typical rent ranges based on HUD benchmarks and market data. In areas with limited listing data, ranges reflect federal benchmarks and may be wider than actual market conditions.
A studio in 98204 (Everett) typically rents for $1,800 – $2,250.
Rents above $2,588 are in the top 25% for this area.
A 1-bedroom in 98204 (Everett) typically rents for $1,850 – $2,328.
Rents above $2,677 are in the top 25% for this area.
A 2-bedroom in 98204 (Everett) typically rents for $2,160 – $2,713.
Rents above $3,120 are in the top 25% for this area.
A 3-bedroom in 98204 (Everett) typically rents for $2,850 – $3,550.
Rents above $4,082 are in the top 25% for this area.
A 4-bedroom in 98204 (Everett) typically rents for $3,320 – $4,173.
Rents above $4,799 are in the top 25% for this area.
Current Asking Rents in 98204
Average Asking Rent
$1,892/mo
Typical Asking Rent
$1,695/mo
Range
$1,195 – $3,595
Active Listings
122
These are current asking rents from active listings in 98204. Compare to the HUD fair market rent above to see how the market compares to federal benchmarks.
Source: Live market data (cached)
Rent Increase Laws in Washington →
▶Full market data
Rent Trends in Everett, WA
-1.6%
Rents in 98204 (Everett) are cooling at -1.6% year-over-year.
⚠ Mixed signals
Market sources range from -9.8% to -0.4%
Why the range? Zillow ZORI tracks what landlords are asking for units (-0.7%), while Apartment List tracks what renters actually sign leases at (-0.4%).When signed-lease rents outpace asking rents, it typically signals strong demand and limited room to negotiate.
Local vacancy rate: 6.4%
Sources: Apartment List, Zillow ZORI, HUD Fair Market Rent
Federal Rent Benchmarks for 98204
HUD Fair Market Rents are federal rent benchmarks used for housing programs, published annually by HUD.Note: These values represent the HUD metro-area benchmark for the Seattle-Bellevue, WA HUD Metro FMR Area area, not zip-specific rates.
| Bedroom Size | Fair Market Rent | Estimated Rent |
|---|---|---|
| Studio | $1,800 | $2,250 |
| 1-Bedroom | $1,850 | $2,328 |
| 2-Bedroom | $2,160 | $2,713 |
| 3-Bedroom | $2,850 | $3,550 |
| 4-Bedroom | $3,320 | $4,173 |
Source: HUD SAFMR FY2026 · Updated
Questions about rent in 98204
What is the average 1-bedroom rent in 98204?
The typical 1-bedroom rent in 98204 (Everett, WA) is $2,328/month as of 2026. This page also shows nearby bedroom benchmarks, including studio rent at $1,800 and 2-bedroom rent at $2,160.
What is a fair rent increase in 98204?
A rent increase up to about 1.6% is in line with the recent local market trend in 98204. An increase above that level is above trend and may justify a closer review against local pricing and comparable apartments.
Are rents going up or down in 98204?
Rents in 98204 have fallen 1.6% year over year based on the local trend data used on this page.
How much do studios and 2-bedrooms cost in 98204?
On this page, studio rent in 98204 is $1,800/month and 2-bedroom rent is $2,160/month. These figures help show whether your current or proposed rent fits the broader local bedroom mix.
Renting in Everett, WA? Your rent could be building your credit.
Report your monthly rent payments to all 3 credit bureaus — the same ones your next landlord will check. Takes 2 minutes to set up.
RenewalReply may earn a commission at no cost to you. Learn more
Renters insurance from $5/mo
Protect your belongings from theft, fire, and water damage. Takes 2 minutes and most landlords require it.
RenewalReply may earn a commission at no cost to you. Learn more
Renter Tools
Similar Rents in Other Areas
These zip codes have similar 1-bedroom rents to 98204 ($1,850/mo) — useful for comparing what your rent gets you in other markets.
Other Zip Codes in Everett, WA
Nearby Areas
Market data updated monthly from public and third-party sources. Actual rents vary by unit, building, and lease terms. For informational purposes only — not legal or financial advice. See methodology →