Renton / Newcastle, WA
August 2026
98055,98056,98059
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,735 – $1,918 | 0.10% | -0.03% |
| 2-Bedroom | $2,176 – $2,405 | -1.50% | 2.84% |
| 3-Bedroom | $3,063 – $3,352 | 2.64% | 0.93% |
| 4-Bedroom | $4,523 – $4,776 | 0.81% | 0.19% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,837 – $1,958 | -1.99% | -5.57% |
| 2-Bedroom | $2,285 – $2,402 | -4.48% | -2.07% |
| 3-Bedroom | $3,075 – $3,265 | 1.47% | 0.23% |
| 4-Bedroom | $4,513 – $4,841 | 0.67% | 0.74% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,558 – $2,755 | 9.17% | -5.18% |
| 2-Bedroom | $2,791 – $3,023 | -6.84% | -6.93% |
| 3-Bedroom | $3,306 – $3,618 | 4.18% | 0.04% |
| 4-Bedroom | $3,693 – $4,139 | 0.62% | -3.38% |
In the Renton / Newcastle (98055, 98056, 98059) rental market, 3-bedroom apartments achieved a month-over-month increase of 2.64%, bringing median rent to $3,208 as of August 2026. This positive movement ranks as the highest apartment MoM growth for any bedroom count in Renton / Newcastle (98055, 98056, 98059).
Rent for 1-bedroom single-family homes in Renton / Newcastle (98055, 98056, 98059) surged 9.17% MoM to $2,656, outpacing the 1-bedroom apartment segment at $1,827. This gap puts single-family units ahead of apartments by $829 for the same bedroom count.
August 2026 data shows that Renton / Newcastle (98055, 98056, 98059) rental trends include a 4.48% month-over-month decrease in 2-bedroom condo/townhome rents, now at $2,343. This decline exceeded the 1.50% drop in 2-bedroom apartment rents, marking condos as the weaker segment this period.