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Rental Market Trends in Bonney Lake, WA

What is the average rent in Bonney Lake, WA?

$1,873/month

Average Rent

711 Sq Ft

Average Apartment Size

+5.2%

Increase in the Last Year

As of March 2026, the average rent in Bonney Lake, WA is $1,873 per month. This is 15% higher than the national average rent price of $1,627/month, making Bonney Lake one of the most expensive cities in the US. When you rent an apartment in Bonney Lake, you can expect to pay about per month for a studio, $1,873 for a one-bedroom apartment, and around $1,855 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,250 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,873/month
711 Sq Ft
Two Bedroom
$1,855/month
974 Sq Ft
Three Bedroom
$2,250/month
1,142 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,836/month
1,789 Sq Ft
Four Bedroom
$3,732/month
2,807 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 Bonney Lake, WA?

In the past year, rent has increased by 5.2%, which averages out to $98 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 March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Bonney Lake, WA
Last Updated March 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Bonney Lake, WA
Percentage*
Rent Range
0% Below $700/month
33% $700 - $1,000/month
25% $1,001 - $1,500/month
8% $1,501 - $2,000/month
33% Above $2,000/month

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

Because the average rent in Bonney Lake is $1,873, you’ll want to make about $6,243 per month or $74,916 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

Bonney Lake, WA

101 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Bonney Lake, 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 Bonney Lake, WA

Apartment Averages

Nearby City Rent Trends

  • Sumner Average Rent
  • Pacific Average Rent
  • Puyallup Average Rent
  • Edgewood Average Rent

Apartment communities in Bonney Lake we think you'll love

Cavalla Apartment Homes

Cavalla Apartment Homes

16026 64th St E,
Sumner, WA 98390

$2,095 - $2,900

1-3 Beds

Renwood Apartment Homes

Renwood Apartment Homes

9002 186th Ave E,
Bonney Lake, WA 98391

$1,944 - $2,655

1-3 Beds

Hillside Apartments

Hillside Apartments

18426 Veterans Memorial Dr E,
Bonney Lake, WA 98391

$1,800 - $2,195

1-2 Beds

Northwest Terrace Apartments, Wonderful Pl...

Northwest Terrace Apartments, Wonderful Pl...

8609 Locust Ave E,
Bonney Lake, WA 98391

$1,999 - $2,225

2 Beds

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United States Washington Bonney Lake 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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity