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Rental Market Trends in Algona, WA

What is the average rent in Algona, WA?

$623/month

Average Rent

600 Sq Ft

Average Apartment Size

+1.4%

Increase in the Last Year

As of April 2026, the average rent in Algona, WA is $623 per month. This is 62% lower than the national average rent of $1,641/month, making renting in Algona more affordable than most cities in the US. When you rent an apartment in Algona, you can expect to pay about $459 per month for a studio, $623 for a one-bedroom apartment, and around $917 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$459/month
320 Sq Ft
One Bedroom
$623/month
600 Sq Ft
Two Bedroom
$917/month
800 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Algona, WA?

In the past year, rent has increased by 1.4%, which averages out to $9 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Algona, WA
Last Updated April 2026
Below $701
Most rental prices fall within this range
Rent Ranges in Algona, WA
Percentage*
Rent Range
100% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Algona, WA?

Because the average rent in Algona is $623, you’ll want to make about $2,076 per month or $24,912 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Algona, WA

24 Available Apartments for Rent

Search for Nearby Apartments

How does Algona, WA compare to other nearby cities and neighborhoods?

Use the tool below to compare Algona, WA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Algona, WA

Apartment Averages

Nearby City Rent Trends

  • Pacific Average Rent
  • Auburn Average Rent
  • Milton Average Rent
  • Edgewood Average Rent
  • Sumner Average Rent
  • Federal Way Average Rent

Apartment communities in Algona we think you'll love

Cobble Court

Cobble Court

345 Pacific Ave N,
Pacific, WA 98047

$1,556 - $2,436

1-3 Beds

224 Ellingson Dr

224 Ellingson Dr

224 Ellingson Dr,
Pacific, WA 98047

$1,650 Total Monthly Price

2 Beds | 12 Month Lease

216 Ellingson Dr

216 Ellingson Dr

216 Ellingson Dr,
Pacific, WA 98047

$1,650 Total Monthly Price

2 Beds | 12 Month Lease

Legacy Plaza Senior Living

Legacy Plaza Senior Living

17 S Division St,
Auburn, WA 98001

$1,880 - $2,325

2 Beds

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United States Washington Algona Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity