RentYield Atlas

ZIP 98116 — Seattle, WA: rental yield & market data

Gross rental yield of 2.67% — ranked #214 of 229 Washington ZIP codes. June 2026 data.

Gross rental yield
2.67%
Home value
$1,007,870
Market rent / mo
$2,242
Price-to-rent
37.5

Trend

Metric1-year change5-year change
Home value-1.8% +9.3%
Market rent+3.6% +30.4%

Metro: Seattle-Tacoma-Bellevue, WA · County: King County · Annual rent: $26,904

Comparable ZIP codes in Washington

Similar home values, sorted by yield — the cheapest way to see if 98116 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
98296SnohomishWA$1,049,354$3,5004.00%25.0-3.1%
98045North BendWA$1,002,679$3,2693.91%25.6-1.8%
98012BothellWA$974,666$2,6403.25%30.8-5.0%
98117SeattleWA$993,543$2,4022.90%34.5-0.5%
98007BellevueWA$1,012,534$2,4152.86%34.9-4.5%
98028KenmoreWA$1,025,709$2,4372.85%35.1-4.5%
98011BothellWA$1,031,612$2,3612.75%36.4-5.3%
98119SeattleWA$1,032,892$2,1062.45%40.9-0.7%

Top rental yields in all of Washington →

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