Renton / Newcastle, WA · Seattle metro

September 2026

98055,98056,98059

Long-term Rental Rates

Long-term rental rates for Renton / Newcastle (98055,98056,98059), in the Seattle metro area, as of September 2026.

Apartment

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $1,822 – $2,013 -1.85% -2.32%
2-Bedroom $2,128 – $2,352 -0.70% -5.02%
3-Bedroom $2,774 – $3,097 -6.94% -8.27%
4-Bedroom $4,676 – $4,776 0.51% 0.05%

Condo/Townhome

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $1,974 – $2,075 6.93% 1.49%
2-Bedroom $2,384 – $2,506 3.27% 0.64%
3-Bedroom $3,066 – $3,256 0.06% 0.57%
4-Bedroom $4,514 – $4,796 0.07% 0.26%

Single-Family

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $2,824 – $2,936 7.48% 2.19%
2-Bedroom $2,642 – $2,891 -3.59% -11.85%
3-Bedroom $3,189 – $3,539 -2.86% -4.56%
4-Bedroom $3,657 – $4,099 -1.36% -4.54%
Data updated: October 19, 2026
Renton / Newcastle Rental Trends · Seattle metro

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.

12-Month Median Rent Trend

Apartment

Month 1 BR 2 BR 3 BR 4 BR
September 2026 $1,917 $2,240 $2,936 $4,711
August 2026 $1,827 $2,290 $3,208 $4,687
July 2026 $1,856 $2,332 $3,112 $4,649
June 2026 $1,797 $2,319 $3,095 $4,603
May 2026 $1,820 $2,237 $3,084 $4,555
April 2026 $1,819 $2,265 $3,009 $4,519
March 2026 $1,879 $2,194 $3,028 $4,502
February 2026 $1,785 $2,224 $3,020 $4,533
January 2026 $1,875 $2,280 $3,169 $4,598
December 2025 $1,881 $2,260 $3,135 $4,674
November 2025 $1,897 $2,300 $3,234 $4,705
October 2025 $1,853 $2,277 $3,197 $4,713

Condo / Townhome

Month 1 BR 2 BR 3 BR 4 BR
September 2026 $2,025 $2,445 $3,161 $4,678
August 2026 $1,898 $2,343 $3,170 $4,677
July 2026 $1,911 $2,448 $3,122 $4,644
June 2026 $1,930 $2,356 $3,128 $4,503
May 2026 $1,973 $2,314 $3,205 $4,527
April 2026 $2,008 $2,401 $3,157 $4,478
March 2026 $2,000 $2,371 $3,189 $4,470
February 2026 $1,971 $2,328 $3,340 $4,492
January 2026 $1,979 $2,391 $3,240 $4,549
December 2025 $2,011 $2,374 $3,215 $4,607
November 2025 $1,969 $2,392 $3,213 $4,644
October 2025 $1,931 $2,363 $3,158 $4,669

Single-Family

Month 1 BR 2 BR 3 BR 4 BR
September 2026 $2,879 $2,767 $3,364 $3,878
August 2026 $2,656 $2,907 $3,462 $3,916
July 2026 $2,375 $3,142 $3,321 $3,911
June 2026 $2,671 $2,957 $3,239 $4,021
May 2026 $2,459 $2,984 $3,270 $3,979
April 2026 $2,584 $3,038 $3,398 $4,139
March 2026 $2,735 $3,028 $3,518 $3,952
February 2026 $2,754 $3,080 $3,694 $3,998
January 2026 $2,778 $3,121 $3,585 $3,958
December 2025 $2,798 $3,149 $3,585 $4,013
November 2025 $2,814 $3,172 $3,553 $4,014
October 2025 $2,815 $3,141 $3,600 $4,029

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