Find Homes & Apartments for Rent in Bonney Lake, WA

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What to Know About

Life in Bonney Lake & Beyond

Bonney Lake shares many of the great qualities that make Washington a desirable place to live.

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 March 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 23.6% ($413) higher than the Washington average of $1,752 and 21.1% ($377) higher than the U.S. average of $1,788.

Average Rent
$2,165
Monthly ChangeMonth Over Month Change
Decreased17.6% ($462)
Yearly ChangeYear Over Year Change
Decreased19.6% ($528)
Avg. Days on MarketAverage Days on Market
33
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,727 Increased0.5% ($9) Decreased10.3% ($199)
2 Beds $2,106 Increased2.6% ($54) Decreased8.4% ($194)
3 Beds $2,607 Decreased2.7% ($72) Decreased10.3% ($300)
Nearby Cities Average Rent Avg. Rent vs. Bonney LakeAverage Rent vs. Bonney Lake Avg. Days on MarketAverage Days on Market
Sumner $1,859 Decreased14.1% ($306) 31 days
Puyallup $2,076 Decreased4.1% ($89) 31 days
Auburn $1,605 Decreased25.9% ($560) 22 days
Fife $1,823 Decreased15.8% ($342) 33 days
Federal Way $1,677 Decreased22.5% ($488) 45 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.

The average rent in Bonney Lake, WA is $2,165 per month.
Homes in Bonney Lake typically rent for between $1,209 and $3,389 per month, with an average of $2,165 per month.
In Bonney Lake, the average rent for a 1-bedroom home is $1,727 per month, for a 2-bedroom home, $2,106 per month, and a 3-bedroom home is $2,607 per month.
The average rent in Bonney Lake is 21.1% ($377) higher than the national average of $1,788 per month.
The average rent in Bonney Lake has decreased by 17.6% ($462) in the last month and decreased by 19.6% ($528) over the past year.
The rental market in Bonney Lake, WA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
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.
There are currently 21 rental properties available in Bonney Lake, WA.
Based on the current averages, a household would need an annual income of $84,240 to comfortably afford a 2-bedroom home in Bonney Lake.
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