RentData

Average Rent in Bremerton, WA🔺 3rd priciest in WA

HUD FY2025 · Official government data · Updated annually · Metro pop. 276,581

Data review: HUD FY2025Sources: HUD, Zillow, CensusMethodologyEditorial standardsReport a correction

Market Overview

Bremerton, WA has rental prices ranging from $1,411/month to $3,090/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,568/month — 12% above the national average of $1,400/month. With a median household income of $98,546/year, spending $1,568/month on a 1-bedroom represents 19% of gross income — within the recommended 30% threshold.

How Bremerton Compares

With an average 2-bedroom rent of $2,057/month, Bremerton ranks #3 most expensive of the 36 cities tracked in Washington — pricier than 98% of all US cities in our data.

The Bremerton Rental Market

The Bremerton, WA area has a population of about 276,581 and 30% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Bremerton, WA have risen by $8/month (0.4%) over the past year, from $2,049 to $2,057. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.

Affordability

To afford a 1-bedroom apartment in Bremerton, WA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $62,720. The local median household income of $98,546 exceeds that threshold by $35,826, making Bremerton relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Bremerton, WA is $487,263, giving a price-to-rent ratio of 19.7. With a break-even horizon of approximately 20 years, renting is likely the more financially prudent option for most residents unless they plan to stay long-term.

Fair Market Rents

HUD FY2025
Studio
$1,411
Affordable
1 Bedroom
$1,568
Affordable
2 Bedrooms
$2,057
0.4% YoY
Affordable
3 Bedrooms
$2,685
Average
4 Bedrooms
$3,090
Average
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Median Home Value
$487,263
Source: Zillow ZHVI
Est. monthly payment
$2,593/mo
20% down · 30yr · 7%

Is Bremerton, WA Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$82,280/year
Local median income: $98,546
To buy a median home
$103,737/year
US national median: $75,000
💡 Based on a 2BR rent of $2,057/month and 20% down on a $487,263 home at 7% rate.

Nearby Cities in WAlargest metros in the state

CityStudio1BR2BR3BRHome Value
Tacoma$1,479$1,673$2,057$2,882
Seattle$2,238$2,293$2,671$3,521
Spokane$998$1,123$1,444$1,997
Kennewick$1,101$1,236$1,503$2,003
Olympia$1,393$1,585$1,843$2,526
Yakima$1,011$1,018$1,335$1,871

Rent or Buy in Bremerton?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Bremerton data

$
Home Value
$487,263
2BR Rent
$2,057/mo
Mortgage Rate
7%
Monthly P&I
$2,593/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $3,588/movs rent: $2,057/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Mortgage Calculator

Estimate monthly payment for $487,263 home at 7% rate

20% — $97,453
3%50%
Estimated Monthly Payment
$2,593
per month · 30 years · 7% APR
Loan Amount
$389,810
Total Paid
$933,631
Total Interest
$543,821
Estimated only. Excludes taxes, insurance, HOA. Rate from FRED.

Living in Bremerton

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🏘️Neighborhoods in Bremerton

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⚖️Rent vs Buy in Bremerton

Is it cheaper to rent or buy here?

💵Rent Affordability in Bremerton

Salary needed to afford rent here

🗺️All Cities in WA

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📋WA Tenant Rights

Deposit limits, eviction laws & renters protections