Market Trends

Average Rent in Renton, WA in 2026: Boeing Country on Lake Washington

By EMLAKIE Editorial Team · August 6, 2026 · 7 min read

A single commercial airplane silhouette seen from above, in flight, nodding to Boeing's Renton assembly plant, alone against a soft, near-white sky.
Rent figures in this article are point-in-time estimates as of August 6, 2026, based on editorial market research — not a live calculation from current listings. Actual asking rents change over time and vary by unit. Browse current listings in Renton

Renton is best known for one thing: Boeing's final assembly plant for the 737 family has operated on the shores of Lake Washington since 1970, and it still anchors the local economy and housing market alike. But Renton is more than a company town — Kennydale's lakefront, the historic Piazza in Downtown Renton, and a growing tech and healthcare presence (Blue Origin, Wizards of the Coast, Providence, PACCAR) give it a mixed economic base most aerospace towns don't have. Here's what renters are actually paying in 2026.

Renton Rent Overview

Rent trackers disagree meaningfully on Renton's numbers — a roughly $200-$300/month gap shows up at nearly every unit size, most likely because Zumper's sample skews toward newer, larger-complex listings while RentCafe's sample is broader:

Unit typeHUD FY2025 Fair Market Rent (King County)Zumper (2026)RentCafe (2026)
Studio$2,238$1,375–$1,495$1,566
1-bedroom$2,293$1,669–$1,775$1,921
2-bedroom$2,671$2,178–$2,200$2,280
3-bedroom$3,521$2,950$2,753
4-bedroom$4,104$3,845

Note the HUD figure above is the confirmed FY2025 Fair Market Rent for the Seattle-Bellevue HUD Metro FMR Area covering King County — HUD's FY2026 update wasn't independently verifiable against huduser.gov's own tool at the time of writing, though the Renton Housing Authority's own site indicates its 2026 Section 8 payment standards are set slightly below the 2025 figures, suggesting little change either direction. Zumper puts Renton's overall median around $2,270–$2,300/month, which it frames as 16% above the national average; RentCafe's all-unit average runs lower, at $2,146/month.

The Rent Trend — A Genuine Disagreement

Unusually, Zumper and RentCafe don't just disagree on the number — they disagree on the direction. Zumper reports Renton rent up 6–8% year-over-year as of mid-2026, rising off a September 2025 dip. RentCafe reports the opposite: rents down 1.6% over the same period. A regional analysis from the Joseph Group separately flagged Renton as posting a 3.2% rent increase — "the highest among major WA markets" — which at least points in Zumper's direction. Puget Sound-wide, vacancy ticked up about 0.2 percentage points in early 2025 per the University of Washington's Center for Real Estate Research, consistent with a softening rather than a runaway market. There's no reliable Renton-specific vacancy figure — only this regional context.

Bottom line: take any single "Renton rent is up/down X%" headline with a grain of salt this year. The honest read is a market that's roughly flat to modestly up, depending on which slice of inventory you're looking at.

Rent by Neighborhood

  • Kennydale: $2,813/mo average — Renton's priciest submarket, a lakeside neighborhood on the southern shore of Lake Washington with beaches, parks, and the Seahawks' Virginia Mason Athletic Center training facility nearby.
  • Downtown Renton: $2,447/mo average — the historic, walkable core, home to the Piazza and the Landing retail district, with shops and restaurants renters can walk to.
  • East Plateau: $2,248/mo average — higher-elevation residential area on Renton's east side.
  • Benson (Benson Hill): $2,083/mo average — park-rich and wooded, with trails and mountain-biking terrain.
  • Talbot (Talbot Hill): $2,028/mo average — classic suburban feel with Lake Washington access, a mix of mid-century and newer homes near parks and shopping.
  • Valley: $1,956/mo average — the industrial and light-commercial valley floor.
  • Highlands: $1,943/mo average — solid, well-built mid-century housing stock.
  • Cedar River: $1,829/mo average — named for the river corridor running through central Renton, among the more affordable established areas.
  • Fairwood: golf at Fairwood Golf & Country Club, hiking at Spring Lake and Soos Creek Trail, with a shopping corridor along 140th Ave SE — no RentCafe figure available, but a popular family area southeast of the city core.

Who Should Rent Where

  • Best for lake access — Kennydale. If waking up near Lake Washington matters more than the price tag, this is Renton's premium lakefront submarket.
  • Best for walkability — Downtown Renton. The Piazza and Landing put shops, restaurants, and the Gold Line transit connections within walking distance.
  • Best value — Cedar River or Highlands. Established, solidly-built neighborhoods at the lower end of Renton's rent range.
  • Best for families — Fairwood or Talbot. Parks, trails, and suburban streets without Kennydale's lakefront premium.

What Drives Renton's Economy

Boeing's 737 assembly plant remains Renton's single largest employer, though the exact current headcount is genuinely unclear — recent reporting on FAA oversight cites figures ranging from roughly 10,000 to 12,000 employees across different years, and no single authoritative 2026 count could be confirmed. Beyond Boeing, Renton's economy has diversified: Providence (Washington Regional Services) employs an estimated 1,900 people, Blue Origin around 1,900, PACCAR roughly 1,500, and the Seattle Seahawks' Virginia Mason Athletic Center training facility about 700. Wizards of the Coast is headquartered in Renton with roughly 650 employees, and Valley Medical Center (UW Medicine) and Kaiser Permanente Washington add healthcare jobs to the mix.

King County's unemployment rate was 4.9% in June 2026, down from a January 2026 spike to 5.7% but still running above the 4.2% national rate — a gap that likely reflects some volatility in the aerospace supply chain rather than a broad-based local slowdown. There's no Renton-specific unemployment figure published; King County is the standard proxy for a city this size.

Who Rents in Renton

About 45.6% of Renton households rent rather than own, per recent Census-based estimates — lower than many Puget Sound cities, though Downtown Renton specifically runs much higher at 66.3% renter-occupied, reflecting its denser housing stock. The median renter household income is around $72,000. Renton's daytime population swells by roughly 5,700 people (a 5.4% increase) as commuters flow in for work, and only about 31% of workers both live and work in the city — consistent with a renter base that skews toward commuting professionals and Boeing-adjacent workers rather than a large student population.

Population estimates for Renton genuinely conflict across sources — some show modest decline since the 2020 Census count of 106,729, others show growth in the 3–4% range over the same period. Rather than pick a number that different trackers disagree on, the more defensible starting point is that official 2020 Census baseline, with newer estimates clustering somewhere close to it either direction.

Renter Tips

  • Renton just rezoned for more density. The city council rezoned 75 parcels across 9 sites in February 2026 to allow more multifamily construction near transit, implementing state density mandates (HB 1110/1337) — expect more new-construction inventory in the coming years.
  • Kennydale commands a real premium. If lake access isn't a priority, neighborhoods like Cedar River or Highlands offer meaningfully lower rent for comparable unit sizes.
  • No broker fees here. Renton landlords on EMLAKIE list directly — no agent commission tacked onto your move-in costs.
  • Compare more than one tracker before you negotiate. Given how much Zumper and RentCafe disagree on Renton's current trend, don't anchor to a single source's headline number when discussing rent with a landlord.

Browse current Renton rentals on EMLAKIE — all posted directly by landlords. No broker fees, no commissions, no middlemen.

Frequently Asked Questions

Is the average rent figure in this article a live, real-time price?

No. This is a point-in-time estimate as of August 6, 2026, based on editorial market research drawing on public sources including Zumper — Average Rent in Renton, WA, RentCafe — Average Rent in Renton, WA, HUD FY2025 Fair Market Rents — King County, WA, Trading Economics — King County, WA Unemployment Rate, Data USA — Renton, WA, World Population Review — Renton, WA Population 2026 — not a live calculation from current listings. Actual asking rents change over time and vary by unit, neighborhood, and building.

How can I find current rental listings in Renton?

Browse verified rental listings posted directly by landlords at Emlakie.com in Renton, with no broker fees and direct landlord contact.

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