Renton, WA Rental Market
Renton is strategically positioned between Seattle and Bellevue on the southeastern shore of Lake Washington, home to Boeing's largest commercial aircraft assembly plant and a growing Boeing defense complex. The city has diversified significantly with Amazon warehouse and logistics operations, IKEA's US headquarters, and major healthcare presence at Valley Medical Center. Renton offers better value than Bellevue and Kirkland while maintaining excellent connectivity to both the Seattle downtown core and Eastside tech campuses.
Get a rent estimate for an address in RentonAverage Rent in Renton, WA
$1,850
per month · 2026-06
Market Score
Key Facts — Renton, WA Rental Market
- Average rent in Renton, WA:$1,850/mo
- Median rent:$1,702/mo
- Rent range:$925 – $4,050/mo
- Most common rental (2 bedrooms):$1,625/mo
- Active listings:820
- Avg days to lease:25 days
- Year-over-year change:+3.8%
- Median home value:$530,000
- Est. gross annual yield:4.2%
- Data as of:2026-06
Rent by Bedroom in Renton, WA
Average monthly rent for each bedroom type based on current active listings in Renton.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $1,325/mo |
2 Bedrooms | $1,625/mo |
3 Bedrooms | $2,075/mo |
4 Bedrooms | $2,550/mo |
5 Bedrooms | $2,925/mo |
Renton Rental Market Statistics
Key indicators from the current Renton, WA rental market.
820
Available now in Renton
25
From list to lease
$1.42
Average across listings
1,300 sq ft
Typical rental size
$925 – $4,050
Min to max active listings
+3.8%
Avg rent vs. prior year
Investing in Renton, WA Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$530,000
Typical purchase price in Renton
Est. Gross Annual Yield
4.2%
Before expenses & vacancy
Avg Monthly Income
$1,850
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Renton for a full cash-flow breakdown including all costs.
Renton, WA Rental Market FAQ
Common questions about renting and investing in Renton, WA.
What is the average rent in Renton, WA?
The average rent in Renton, WA is $1,850 per month as of 2026. One-bedroom apartments average $1,325/mo, two-bedrooms average $1,625/mo, and three-bedroom homes average $2,075/mo. The Highlands and North Renton neighborhoods near Boeing's facilities and Lake Washington command the highest rents, while the Talbot Hill and Cascade areas offer more affordable options.
Is Renton, WA a good place to invest in rental property?
Renton offers a 4.2% estimated gross yield with 3.8% year-over-year rent growth — one of the stronger income-growth profiles in the Puget Sound metro. Boeing's massive assembly plant employs thousands of well-paid aerospace workers, while Amazon's logistics operations and IKEA's US headquarters add employer diversity. A $530,000 median home value — well below Bellevue and Kirkland — provides a better entry point for investors seeking Eastside exposure.
How competitive is the Renton, WA rental market?
Renton averages 25 days on market with approximately 820 active listings — a fast-paced market. Boeing employees, Amazon logistics workers, and healthcare professionals at Valley Medical Center create overlapping demand segments that keep vacancy rates low. Properties near I-405 and SR-167 commuter corridors lease quickly, and the expanding Link light rail network is beginning to extend transit access to Renton, which should further boost demand.
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