Picnic Point, Washington Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Picnic Point, Washington rental market.

Picnic Point, Washington

Average Apartment Rent

$1,928

Y-o-Y Change in Average
Apartment Rent

0.1%

As of March 2026

Compared to a year ago, Picnic Point, Washington apartments have recorded a 0.1% rent increase.

Picnic Point, Washington Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Picnic Point $1,862 $1,898 $1,891 $1,943 $1,918 $1,928 $1,929 $1,902 $1,928
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Picnic Point
National
Jul 2023
$1,862
$1,735
Nov 2023
$1,898
$1,724
Mar 2024
$1,891
$1,729
Jul 2024
$1,943
$1,750
Nov 2024
$1,918
$1,743
Mar 2025
$1,928
$1,749
Jul 2025
$1,929
$1,763
Nov 2025
$1,902
$1,749
Mar 2026
$1,928
$1,750

Picnic Point, Washington Average Apartment Rent

Picnic Point, Washington Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 57.06%, apartments priced $1,500 - $2,000 represent the bulk of Picnic Point, Washington rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.22%.

Picnic Point, Washington Housing tenure**

Renter occupied housing units 651
Owner occupied housing units 3,005

Renters take up 18% of Picnic Point, Washington real estate, occupying a total of 651 units, while homeowners live in 3,005 properties.

Median number of rooms of renter-occupied housing units**

5.2

Renter median household income**

$87,708

Average household size of renter-occupied housing units**

2.81

Rental vacancy rate**

7.4%

Picnic Point, Washington Renter-occupied housing units by no. of bedrooms**

No bedrooms 21
1 bed 43
2 beds 180
3 beds 276
4 beds 113
5 or more beds 18

There are 276 rentals in Picnic Point, Washington with 3 beds making up the highest share of the market, at 42%. Units with 5 or more beds, on the other hand, hold the lowest percentage (3%), amounting to 18 units. Overall, the median number of rooms in Picnic Point, Washington homes for rent is 5.2.

Picnic Point, Washington Renter-occupied units by age of householder**

15 - 24 years 22
25 - 34 years 232
35 - 44 years 156
45 - 54 years 113
55 - 59 years 21
60 - 64 years 81
65 - 74 years 26

Most condos for rent in Picnic Point, Washington are occupied by residents in the 25 - 34 years age group (36%), followed by those in the 35 - 44 years age group (24%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 3%.

Picnic Point, Washington Renter-occupied housing units by family type**

Family households 379
Non-Family Households 272

Picnic Point, Washington Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 240
No related children of the householder under 18 411

A total of 379 apartments for rent in Picnic Point, Washington, or 58% of all rentals are family households. Additionally, 37% of rental homes include children under the age of 18 – that’s 240 units. All in all, the median size of a renter-occupied household in Picnic Point, Washington is 2.81.

Picnic Point, Washington Renter-occupied housing units by educational attainment**

Less than high school graduate 81
High school graduate (including equivalency) 209
Some college or associate's degree 262
Bachelor's degree or higher 99

In terms of education, renters holding bachelor degrees or higher make up 15% of the rental market. In contrast, residents with less than a high school degree reside in 12% of the homes for rent in Picnic Point, Washington.

Picnic Point, Washington Renter-occupied units by year structure built**

Built 2010 - 2019 36
Built 2000 - 2009 73
Built 1990 - 1999 119
Built 1980 - 1989 117
Built 1970 - 1979 162
Built 1960 - 1969 60
Built 1950 - 1959 13
Built 1940 - 1949 41
Built 1939 or earlier 30

The highest share of Picnic Point, Washington apartment rentals, namely 25% or 162 units, were Built 1970 - 1979, followed by those Built 1990 - 1999 (18%, 119 units), and the ones Built 1980 - 1989 (18%, 117 units).

Picnic Point, Washington Renter-occupied units by year householder moved in**

Moved in 2021 or later 94
Moved in 2018 to 2020 269
Moved in 2010 to 2017 217
Moved in 2000 to 2009 50
Moved in 1989 or earlier 21

Median year renter moved into unit 2018

Most Picnic Point, Washington renters (41%) moved in 2018 to 2020, while only 3% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Picnic Point, Washington condos for rent is 2018.

Picnic Point, Washington Renter-occupied housing units by vehicles available**

No vehicle available 14
1 vehicle available 128
2 vehicles available 335
3 vehicles available 129
4 vehicles available 22
5 or more vehicles available 23

When it comes to transportation options, 51% of Picnic Point, Washington renters have 2 vehicles available per household, 20% of them have 3 vehicles available, and 20% have 1 vehicle available.

Picnic Point, Washington Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 723
Car, truck, or van - carpooled 138
Public transportation (excluding taxicab) 25
Walked 12
Worked at home 151

Picnic Point, Washington Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 1,338
Moved within same county 255
Moved from different county within same state 129
Moved from different state 48
Moved from abroad 19

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Picnic Point, Washington apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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