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Algona, WA Homes for Rent

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  • 345 Pacific Ave N, Pacific, WA 98047
    345 Pacific Ave N, Pacific, WA 98047
    345 Pacific Ave N, Pacific, WA 98047
    /28

    Starting at $1,549 Per Month

    • 1 - 3 Beds

    345 Pacific Ave N, Pacific, WA 98047

    With spacious, classic Cape Cod-style apartment homes, picturesque landscaping and generous community amenities, Cobble Court is a relaxing sanctuary for your busy lifestyle.

    Cobble Court

    345 Pacific Ave N, Pacific, WA 98047
Washington King County

Homes for Rent in Algona, WA

Why Live in Algona

Algona, WA, offers a blend of classic charm and convenient location, just minutes from Auburn. This small city features a mix of residential areas and industrial sectors, including businesses like Boeing and Safeway. Homes in Algona are often more affordable than those in neighboring Auburn, with many mid-century ramblers on oversized lots and new turnkey homes available. The Auburn School District serves the area, with Auburn Riverside High School noted for its high rating and strong graduation rate. For recreation, residents can enjoy John Matchett Memorial Park, which features a playground and open fields, or visit nearby parks like Five Mile Lake Park and the expansive Roegner Park. Les Gove Park offers walking trails and a gymnasium with a climbing wall, while Lake Tapps, just under 6 miles away, is a popular spot for swimming and barbecues. Shopping and dining options are plentiful, with The Outlet Collection Seattle and downtown Auburn providing numerous choices. Commuters benefit from easy access to state Route 167, facilitating travel throughout King and Pierce counties.

Learn more about living in Algona

Frequently Asked Questions

How much does it cost to rent a home in Algona, WA?
The median rent for a home in Algona, WA is $3,580 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Algona, WA?
To comfortably afford the median rent in Algona, WA, a household needs to earn roughly $143,200 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $3,580 per month in Algona, WA, renters typically need to show $10,740 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Algona, WA?
In Algona, WA, the price-to-rent ratio is 12.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Algona, WA are best for renting a home?
The best neighborhood for renting in Algona, WA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Downtown Auburn, South Auburn, Federal Way City Center, West Campus - Fed Way and Redondo-Federal Way, each with its own character and price range.

Rental Trends in Algona, WA

There are currently 1 homes available for rent in Algona, WA. The median rent is $3,580 per month, with single-family homes renting at $3,580.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$3,580
Median Single Family Home Rent
$3,580
How to Rent a Home

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