RentData

Average Rent in Yakima, WA Rents rising 1.9% YoY

HUD FY2025 · Official government data · Updated annually · Metro pop. 256,605

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

Market Overview

Yakima, WA has rental prices ranging from $1,011/month to $1,971/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,018/month — 27% below the national average of $1,400/month. With a median household income of $68,015/year, spending $1,018/month on a 1-bedroom represents 18% of gross income — within the recommended 30% threshold.

How Yakima Compares

With an average 2-bedroom rent of $1,335/month, Yakima ranks #14 most expensive of the 36 cities tracked in Washington — pricier than 87% of all US cities in our data.

The Yakima Rental Market

The Yakima, WA area has a population of about 256,605 and 38% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Yakima, WA have risen by $25/month (1.9%) over the past year, from $1,310 to $1,335. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.

Affordability

To afford a 1-bedroom apartment in Yakima, WA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $40,720. The local median household income of $68,015 exceeds that threshold by $27,295, making Yakima relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Yakima, WA is $365,096, giving a price-to-rent ratio of 22.8. With a break-even horizon of approximately 23 years, renting is likely the more financially prudent option for most residents unless they plan to stay long-term.

Neighborhoods

Home values — and by extension rent levels — vary significantly across Yakima's neighborhoods. Among the highest-value areas are Terrace Heights ($404,159 median home value), Gleed ($412,210 median home value), Eschbach ($427,211 median home value). Rental prices typically follow home value patterns, with premium neighborhoods commanding higher rents than outer areas. Renters on a tighter budget may find better value in less central neighborhoods or in adjacent metros with lower overall rent levels.

Fair Market Rents

HUD FY2025
Studio
$1,011
Affordable
1 Bedroom
$1,018
Affordable
2 Bedrooms
$1,335
1.9% YoY
Affordable
3 Bedrooms
$1,871
Average
4 Bedrooms
$1,971
Average
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Median Home Value
$365,096
Source: Zillow ZHVI
Est. monthly payment
$1,943/mo
20% down · 30yr · 7%

Is Yakima, 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
$53,400/year
Local median income: $68,015
To buy a median home
$77,728/year
US national median: $75,000
💡 Based on a 2BR rent of $1,335/month and 20% down on a $365,096 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
Bremerton$1,411$1,568$2,057$2,685

Rent or Buy in Yakima?

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

Should I Rent or Buy?

Break-even analysis using real Yakima data

$
Home Value
$365,096
2BR Rent
$1,335/mo
Mortgage Rate
7%
Monthly P&I
$1,943/mo
🏠 Buy

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

Total monthly buy cost: $2,689/movs rent: $1,335/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 $365,096 home at 7% rate

20% — $73,019
3%50%
Estimated Monthly Payment
$1,943
per month · 30 years · 7% APR
Loan Amount
$292,077
Total Paid
$699,550
Total Interest
$407,473
Estimated only. Excludes taxes, insurance, HOA. Rate from FRED.

Living in Yakima

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Frequently Asked Questions

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🏘️Neighborhoods in Yakima

Compare rent & home prices by neighborhood

⚖️Rent vs Buy in Yakima

Is it cheaper to rent or buy here?

💵Rent Affordability in Yakima

Salary needed to afford rent here

🗺️All Cities in WA

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📋WA Tenant Rights

Deposit limits, eviction laws & renters protections