Mill Creek, 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 Mill Creek, Washington rental market.

Mill Creek, Washington

Average Apartment Rent

$2,233

Y-o-Y Change in Average
Apartment Rent

-3.5%

As of March 2026

Compared to a year ago, Mill Creek, Washington apartments have recorded a -3.5% rent decrease.

Mill Creek, 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
Mill Creek $2,331 $2,311 $2,316 $2,337 $2,263 $2,313 $2,306 $2,261 $2,233
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Mill Creek
National
Jul 2023
$2,331
$1,735
Nov 2023
$2,311
$1,724
Mar 2024
$2,316
$1,729
Jul 2024
$2,337
$1,750
Nov 2024
$2,263
$1,743
Mar 2025
$2,313
$1,749
Jul 2025
$2,306
$1,763
Nov 2025
$2,261
$1,749
Mar 2026
$2,233
$1,750

Mill Creek, Washington Average Apartment Rent

Mill Creek, 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 41.22%, apartments priced $2,000 - $2,500 represent the bulk of Mill Creek, Washington rentals, while condos priced Over $3,000 hold the lowest share of the market – 5.21%.

Mill Creek, Washington Housing tenure**

Renter occupied housing units 3,287
Owner occupied housing units 5,091

Renters take up 39% of Mill Creek, Washington real estate, occupying a total of 3,287 units, while homeowners live in 5,091 properties.

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

3.6

Renter median household income**

$82,163

Average household size of renter-occupied housing units**

2.09

Rental vacancy rate**

6.7%

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

No bedrooms 127
1 bed 1,115
2 beds 1,405
3 beds 344
4 beds 254
5 or more beds 42

There are 1,405 rentals in Mill Creek, Washington with 2 beds making up the highest share of the market, at 43%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 42 units. Overall, the median number of rooms in Mill Creek, Washington homes for rent is 3.6.

Mill Creek, Washington Renter-occupied units by age of householder**

15 - 24 years 393
25 - 34 years 731
35 - 44 years 795
45 - 54 years 609
55 - 59 years 116
60 - 64 years 172
65 - 74 years 173
75 - 84 years 212
85 years and over 86

Most condos for rent in Mill Creek, Washington are occupied by residents in the 35 - 44 years age group (24%), followed by those in the 25 - 34 years age group (22%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 3%.

Mill Creek, Washington Renter-occupied housing units by family type**

Family households 1,551
Non-Family Households 1,736

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

With related children of the householder under 18 900
No related children of the householder under 18 2,387

A total of 1,551 apartments for rent in Mill Creek, Washington, or 47% of all rentals are family households. Additionally, 27% of rental homes include children under the age of 18 – that’s 900 units. All in all, the median size of a renter-occupied household in Mill Creek, Washington is 2.09.

Mill Creek, Washington Renter-occupied housing units by educational attainment**

Less than high school graduate 112
High school graduate (including equivalency) 656
Some college or associate's degree 1,241
Bachelor's degree or higher 1,278

In terms of education, renters holding bachelor degrees or higher make up 39% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Mill Creek, Washington.

Mill Creek, Washington Renter-occupied units by year structure built**

Built 2020 or later 53
Built 2010 - 2019 720
Built 2000 - 2009 918
Built 1990 - 1999 773
Built 1980 - 1989 614
Built 1970 - 1979 184

The highest share of Mill Creek, Washington apartment rentals, namely 28% or 918 units, were Built 2000 - 2009, followed by those Built 1990 - 1999 (24%, 773 units), and the ones Built 2010 - 2019 (22%, 720 units).

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

Moved in 2021 or later 297
Moved in 2018 to 2020 1,854
Moved in 2010 to 2017 1,048
Moved in 2000 to 2009 59
Moved in 1990 to 1999 29

Median year renter moved into unit 2019

Most Mill Creek, Washington renters (56%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Mill Creek, Washington condos for rent is 2019.

Mill Creek, Washington Renter-occupied housing units by vehicles available**

No vehicle available 197
1 vehicle available 1,893
2 vehicles available 929
3 vehicles available 167
4 or more vehicles available 101

When it comes to transportation options, 58% of Mill Creek, Washington renters have 1 vehicle available per household, 28% of them have 2 vehicles available, and 6% have No vehicle available.

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

Car, truck, or van - drove alone 2,687
Car, truck, or van - carpooled 592
Public transportation (excluding taxicab) 195
Taxicab, motorcycle, bicycle, or other means 45
Worked at home 753

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

Same house as 1 year ago 4,319
Moved within same county 1,357
Moved from different county within same state 338
Moved from different state 677
Moved from abroad 119

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 Mill Creek, 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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