Average Rent in Lynnwood, WA (2026)

Typical asking rent in Lynnwood is $2,196. Across the 3 ZIP codes with data it runs from $2,052 to $2,252, so which side of town you buy on matters as much as the city average. Data as of July 2026.

Median rent
$2,196
Average rent
$2,167
Lowest ZIP
$2,052
Highest ZIP
$2,252

Rent by ZIP code in Lynnwood

ZIP codeCountyTypical rentvs city median
98087Snohomish County$2,252+3%
98037Snohomish County$2,1960%
98036Snohomish County$2,052-7%

Rent by bedroom count in Lynnwood

Zillow's index above blends every unit size into one number. For a bedroom level view, these are HUD's FY2027 Fair Market Rents for Snohomish County. They include utilities and sit near the 40th percentile of the market, so treat them as the low side of what a typical unit lists for. Snohomish County uses Small Area FMRs, and the two bedroom figure runs from $2,170 to $2,600 depending on the Lynnwood ZIP code.

Unit sizeFY2027 Fair Market RentChange from FY2026
Studio$2,091+0.8%
1 bedroom$2,180+1.6%
2 bedroom$2,549+1.9%
3 bedroom$3,324+1.6%
4 bedroom$3,954+2.8%

Source: HUD Fair Market Rents. Updates when HUD publishes a new fiscal year.

Is rent going up or down in Lynnwood?

Typical rent across Snohomish County is $2,236 as of August 2026. That is up 2.2% from a year earlier and up 21.3% over five years.

YearTypical rent, Snohomish CountyChange
2021$1,927+12.4%
2022$2,042+6.0%
2023$2,110+3.3%
2024$2,165+2.6%
2025$2,206+1.9%
2026 (through August)$2,236+1.4%

Zillow Observed Rent Index for the county, all home types, last published month of each year. Each row is compared with the end of the year before it.

Lynnwood rent questions

What is the average rent in Lynnwood, WA?
Typical asking rent in Lynnwood is $2,196 a month as of July 2026, across 3 ZIP codes. By ZIP code it runs from $2,052 to $2,252.
How much is rent for a 2 bedroom in Lynnwood?
HUD's FY2027 Fair Market Rent for a two bedroom in Snohomish County is $2,549 a month including utilities. A one bedroom is $2,180 and a three bedroom is $3,324. Fair Market Rent is set near the 40th percentile, so a typical unit lists somewhat higher.
Is rent going up or down in Lynnwood?
Rent is rising. Typical rent in Snohomish County is $2,236 as of August 2026, up 2.2% from a year earlier.
What is the cheapest ZIP code to rent in Lynnwood?
ZIP 98036 has the lowest typical asking rent in Lynnwood at $2,052 a month, compared with $2,196 for the city overall.
How much income do you need to rent in Lynnwood?
Most landlords look for gross income of about three times the rent. At the typical Lynnwood rent of $2,196, that is about $6,588 a month, or $79,056 a year. This is a common screening rule of thumb, and individual landlords set their own.

How to use these numbers

These are Zillow Observed Rent Index values, a smoothed measure of typical asking rent for single family homes, condos, and apartments in each ZIP code. They describe what units are listed for, not what any specific unit will get. Condition, bedroom count, and the exact block all move the number.

If you are underwriting a purchase, use the ZIP figure rather than the city median, and then verify against live listings for the same bedroom count before you commit. Lynnwood sits in the Seattle-Tacoma-Bellevue, WA metro area.

Other Washington cities

Would a rental in Lynnwood cash flow?

Start the analyzer with the Lynnwood median rent of $2,196 and add a real purchase price to see cash flow, cap rate, and cash-on-cash return.