Shoreline, 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 Shoreline, Washington rental market.

Shoreline, Washington

Average Apartment Rent

$2,065

Y-o-Y Change in Average
Apartment Rent

2.7%

As of May 2026

Compared to a year ago, Shoreline, Washington apartments have recorded a 2.7% rent increase.

Shoreline, 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
Shoreline $1,942 $1,928 $1,959 $2,009 $2,038 $2,022 $2,017 $2,058 $2,042
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Shoreline
National
Jul 2023
$1,942
$1,741
Nov 2023
$1,928
$1,732
Mar 2024
$1,959
$1,736
Jul 2024
$2,009
$1,756
Nov 2024
$2,038
$1,749
Mar 2025
$2,022
$1,755
Jul 2025
$2,017
$1,767
Nov 2025
$2,058
$1,753
Mar 2026
$2,042
$1,750

Shoreline, Washington Average Apartment Rent

Shoreline, 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 47.69%, apartments priced $1,500 - $2,000 represent the bulk of Shoreline, Washington rentals, while condos priced Over $3,000 hold the lowest share of the market – 4.47%.

Shoreline, Washington Housing tenure**

Renter occupied housing units 7,602
Owner occupied housing units 15,104

Renters take up 33% of Shoreline, Washington real estate, occupying a total of 7,602 units, while homeowners live in 15,104 properties.

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

3.9

Renter median household income**

$61,000

Average household size of renter-occupied housing units**

2.23

Rental vacancy rate**

3.3%

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

No bedrooms 777
1 bed 2,154
2 beds 2,956
3 beds 1,033
4 beds 512
5 or more beds 170

There are 2,956 rentals in Shoreline, Washington with 2 beds making up the highest share of the market, at 39%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 170 units. Overall, the median number of rooms in Shoreline, Washington homes for rent is 3.9.

Shoreline, Washington Renter-occupied units by age of householder**

15 - 24 years 476
25 - 34 years 1,862
35 - 44 years 1,335
45 - 54 years 1,275
55 - 59 years 506
60 - 64 years 531
65 - 74 years 769
75 - 84 years 556
85 years and over 292

Most condos for rent in Shoreline, Washington are occupied by residents in the 25 - 34 years age group (24%), followed by those in the 35 - 44 years age group (18%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 4%.

Shoreline, Washington Renter-occupied housing units by family type**

Family households 3,574
Non-Family Households 4,028

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

With related children of the householder under 18 1,901
No related children of the householder under 18 5,701

A total of 3,574 apartments for rent in Shoreline, Washington, or 47% of all rentals are family households. Additionally, 25% of rental homes include children under the age of 18 – that’s 1,901 units. All in all, the median size of a renter-occupied household in Shoreline, Washington is 2.23.

Shoreline, Washington Renter-occupied housing units by educational attainment**

Less than high school graduate 407
High school graduate (including equivalency) 1,223
Some college or associate's degree 2,949
Bachelor's degree or higher 3,023

In terms of education, renters holding bachelor degrees or higher make up 40% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in Shoreline, Washington.

Shoreline, Washington Renter-occupied units by year structure built**

Built 2020 or later 42
Built 2010 - 2019 994
Built 2000 - 2009 624
Built 1990 - 1999 796
Built 1980 - 1989 1,454
Built 1970 - 1979 1,434
Built 1960 - 1969 1,077
Built 1950 - 1959 669
Built 1940 - 1949 350
Built 1939 or earlier 162

The highest share of Shoreline, Washington apartment rentals, namely 19% or 1,454 units, were Built 1980 - 1989, followed by those Built 1970 - 1979 (19%, 1,434 units), and the ones Built 1960 - 1969 (14%, 1,077 units).

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

Moved in 2021 or later 702
Moved in 2018 to 2020 2,547
Moved in 2010 to 2017 3,295
Moved in 2000 to 2009 843
Moved in 1990 to 1999 165
Moved in 1989 or earlier 50

Median year renter moved into unit 2017

Most Shoreline, Washington renters (43%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Shoreline, Washington condos for rent is 2017.

Shoreline, Washington Renter-occupied housing units by vehicles available**

No vehicle available 1,244
1 vehicle available 3,466
2 vehicles available 2,296
3 vehicles available 441
4 vehicles available 105
5 or more vehicles available 50

When it comes to transportation options, 46% of Shoreline, Washington renters have 1 vehicle available per household, 30% of them have 2 vehicles available, and 16% have No vehicle available.

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

Car, truck, or van - drove alone 5,702
Car, truck, or van - carpooled 705
Public transportation (excluding taxicab) 914
Walked 207
Taxicab, motorcycle, bicycle, or other means 142
Worked at home 1,144

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

Same house as 1 year ago 12,837
Moved within same county 2,415
Moved from different county within same state 706
Moved from different state 762
Moved from abroad 96

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 Shoreline, 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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