How many apartments are available in 98391 on Rentable.co?
Rentable.co has 14 apartments available for rent in 98391.
What is the average rent for an apartment in 98391?
The average rent for an apartment in 98391 is around $2,500 per month.
What is the average rent for a two-bedroom apartment in 98391?
The average rent for a two-bedroom apartment in 98391 is around $2,185 per month.
Find an Apartment in 98391
Looking for apartments for rent in the 98391 zip code in Bonney Lake, WA? Rentable has a variety of options available for you. Currently, there are 15 units available in this area. The average rent for apartments in 98391 is $2,550, with the lowest rent for a 2-bedroom floor plan starting at $1,395.
Bonney Lake is a vibrant community with numerous nearby parks and amenities. Residents of 98391 can enjoy the nearby Allan Yorke Park, which offers beautiful lake views, picnic areas, and walking trails. Additionally, the area boasts several shopping centers, restaurants, and schools to cater to your needs.
Whether you are searching for a cozy studio or a spacious three-bedroom apartment, Rentable's apartments near 98391 in Bonney Lake, WA can help you find the perfect place to call home. With its variety of available units, affordable rents, and convenient location, 98391 is an ideal choice for those seeking a comfortable and convenient living experience in Bonney Lake.
Bonney Lake: May Rent Report
Welcome to the May 2025 Bonney Lake Apartment Report. In this assessment of
the local rental market, Rentable data scientists and rental experts break down the
May 2025 key findings and figures for the Bonney Lake rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in
Bonney Lake and surrounding areas and provide comparisons to the entire metro area, nearby cities and
some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of
Bonney Lake average rent prices in the chart below.
Monthly Rent Report
$2,400
$1,800
$1,200
$600
$0
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
1 BR2 BR
Bonney Lake Rent Prices Decrease From April to May
Bonney Lake rent prices decreased over the last month. From April to May, the city experienced a -2.51% decrease for the price of a one-bedroom apartment. The rent price for a Bonney Lake one-bedroom apartments currently stands at $1,473.0.
When we take a look at the two-bedroom comparison from April to May, Bonney Lake experienced a 4.63% increase for the price of a two-bedroom apartment. The rent price for a Bonney Lake two-bedroom apartments currently stands at $2,330.0.
May Prices: Bonney Lake vs. Surrounding Areas
Rent Prices in Bonney Lake and Surrounding Areas
Rent prices have decreased in Bonney Lake over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Bonney Lake suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rents did not increase in any of the Bonney Lake suburbs
Rents did not decrease in any of the Bonney Lake suburbs.
May 2025 Pricing Trends: Bonney Lake vs. National Comparisons
New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,098
$3,173
$2,343
$2,342
$1,887
$1,310
$1,243
$1,230
$0
$1,350
$2,700
$4,050
$5,400
Median Rent
Bonney Lake Rent Prices More Affordable Than Major Cities
Rent growth in Bonney Lake over the past year has been
declining. When compared to major cities nearby, along
with some of the most expensive cities in the country, Bonney Lake average rent prices appear to be
relatively affordable for local residents.
The price for a Bonney Lake one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.
For more information about Bonney Lake and surrounding area rent prices, take a look at the complete data set below.
Data set for Bonney Lake and suburbs
1 BR May
1 BR M/M % Change
2 BR May
2 BR M/M % Change
Methodology
Each month, using over 1 million Rentable listings across the United States, we calculate the median
1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To
avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and
property count thresholds.