Washington is home to the famous Cascade Mountains and the Olympic Mountains mountain range. From its breathtaking landscapes to its thriving economy, there's something for everyone in this vibrant state. First, explore its rich history and culture by visiting museums such as the Museum of Pop Culture and the Burke Museum of Natural History & Culture. Then, take your education to the next level at prestigious universities like the University of Washington and Washington State. Washington's economy is diverse and robust, driven by key industries such as technology, agriculture, and manufacturing.

There's no shortage of ample opportunities for adventure and excitement. From exploring the stunning trails of Mount Rainier National Park to fishing in the picturesque Puget Sound, nature enthusiasts will be in their element. And sports fans will enjoy cheering for Seattle Seahawks (NFL), Seattle Kraken (NFL), and Seattle Mariners (MLB) and supporting their favorite college teams. Discover famous attractions like the Space Needle, the Pike Place Market, and the historic city of Seattle.

A hub of innovation and creativity, Washington is a great state offering endless opportunities, which makes it a great place to live.

Rental Market Trends

Bonney Lake, WA

As of July 2025, Bonney Lake's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Bonney Lake's average rent is 51.6% ($903) higher than the Washington average of $1,750 and 49.5% ($878) higher than the U.S. average of $1,775.

Average Rent

$2,653

Monthly ChangeMonth Over Month Change

7.2% ($178)

Yearly ChangeYear Over Year Change

30% ($612)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,749	2.6% ($47)	5.2% ($86)
2 Beds	$2,229	0.9% ($19)	12.2% ($243)
3 Beds	$2,843	1.6% ($44)	13.3% ($334)

Nearby Cities	Average Rent	Avg. Rent vs. Bonney LakeAverage Rent vs. Bonney Lake	Avg. Days on MarketAverage Days on Market
Sumner	$1,813	31.7% ($840)	31 days
Puyallup	$1,987	25.1% ($666)	31 days
Pacific	$1,761	33.6% ($892)	32 days
Auburn	$1,640	38.2% ($1013)	22 days
Fife	$1,842	30.6% ($811)	33 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Bonney Lake Rental Market FAQs

Explore rental prices, market trends, and availability in Bonney Lake, WA.

What is the average rent in Bonney Lake, WA?

The average rent in Bonney Lake, WA is $2,653 per month.

What is the rental price range for apartments in Bonney Lake, WA?

Apartments in Bonney Lake typically rent for between $1,224 and $3,696 per month, with an average of $2,653 per month.

What is the average rent for different bedroom sizes in Bonney Lake, WA?

In Bonney Lake, the average rent for a 1-bedroom apartment is $1,749 per month, for a 2-bedroom apartment, $2,229 per month, and a 3-bedroom apartment is $2,843 per month.

How do rent prices in Bonney Lake, WA compare with the national average?

The average rent in Bonney Lake is 49.5% ($878) higher than the national average of $1,775 per month.

How have rent prices in Bonney Lake, WA changed recently?

The average rent in Bonney Lake has increased by 7.2% ($178) in the last month and increased by 30.0% ($612) over the past year.

How competitive is the rental market in Bonney Lake, WA?

The rental market in Bonney Lake, WA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Bonney Lake, WA?

In Bonney Lake, WA, the average rental stays on the market for approximately 33 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Bonney Lake, WA?

There are currently 16 rental properties available in Bonney Lake, WA.

Can I afford to rent an apartment in Bonney Lake, WA?

Based on the current averages, a household would need an annual income of $89,160 to comfortably afford a 2-bedroom apartment in Bonney Lake.