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Sultan, WA Home for Rent

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  • /38

    $3,800 Per Month

    • 5 Beds
    • 2.5 Baths
    • 2,380 Sq Ft
    • House for Rent

    32518 138th St SE, Sultan, WA 98294

    Rare opportunity! This stunning 2-story home is available via a lease or lease-option with an assumable mortgage at just under 4%. Nestled next to a peaceful greenbelt, this home is enhanced with beauty throughout. The formal living area boasts soaring vaulted ceilings, rounded corners, and a plant shelf. Host gatherings in the formal dining room, which features upscale coffered ceilings and

    Agent Photo

    Justine Peshette

    Dalton Wade, Inc.

    32518 138th St SE, Sultan, WA 98294

Why Live in Sultan

Sultan, Washington, is a small community nestled in the Skykomish Valley at the convergence of the Sultan and Skykomish rivers, with a backdrop of the Cascade Mountains. Known for its quiet, rural lifestyle, Sultan has a rich history dating back to the 1880s when traces of gold attracted prospectors. The population is around 6,000, and the area features a mix of Craftsman bungalows, ranch-style homes, split-levels, townhomes, and contemporary houses. Sultan's downtown area, located in the southwest section, is home to some of the oldest residences, while newer developments like Skyride Estates are found north of Bryant Road. Sultan offers various things to do, including visiting community parks like Sultan Osprey Park and Reese Park, which provide amenities such as trails, sports fields, and a dog park. Outdoor activities are popular, with opportunities for swimming, fishing, white water rafting, and kayaking on the Skykomish River. Wallace Falls State Park is about 7 miles away, and Stevens Pass ski resort is approximately 42 miles from Sultan. Downtown Sultan features locally owned businesses like Kiss the Sky Books and Flat Iron Gallery. Dining options include Sultan Bakery, Vick's Burger Shack, Bubba's Roadhouse Bar & Grill, and Good Brewing Sultan. Special events such as the Return of the Salmon Celebration and the Sultan Shindig add to the community's charm. Sultan is accessible via U.S. Route 2, with Community Transit buses and a park and ride available for transportation. Seattle, Everett, and Bothell are within a 45-mile drive, and the nearest hospital is EvergreenHealth Monroe Medical Center.

Frequently Asked Questions

How much does it cost to rent a home in Sultan, WA?
The median rent for a home in Sultan, WA is $3,099 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 Sultan, WA?
To comfortably afford the median rent in Sultan, WA, a household needs to earn roughly $123,960 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 $3,099 per month in Sultan, WA, renters typically need to show $9,297 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 Sultan, WA?
In Sultan, WA, the price-to-rent ratio is 15.7, 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 Sultan, WA are best for renting a home?
The best neighborhood for renting in Sultan, WA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include South Lake Stevens, Union Hill-Novelty Hill, Silver Lake, Canyon Creek and North Creek, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$3,099
Median Single Family Home Rent
$3,100
How to Rent a Home