Seattle, WA Rental Market Trends
What is the average rent in Seattle?
The average rent for an apartment in Seattle is $2,267. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Seattle, WA
Last updated November 2023
| Average Rent | Average Apartment Size |
|---|---|
| $2,267 | 688 sq. ft. |
What is the average apartment size in Seattle?
The average size for a Seattle, WA apartment is 688 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Seattle, WA apartment rent ranges
Seattle, WA Occupied Housing Units
191,769 or 56% of the households in Seattle, WA are renter-occupied while 153,477 or 44% are owner-occupied.
Seattle, WA rent trends
Average Rent in Seattle, WA By Neighborhood
| City | Average Rent |
|---|---|
| Belltown | $2,678 |
| Central Waterfront | $2,562 |
| Seattle Central Business District | $2,543 |
| South Lake Union | $2,527 |
| North Queen Anne | $2,451 |
| First Hill | $2,377 |
| Wallingford | $2,250 |
| Fremont | $2,241 |
| Ballard | $2,219 |
| West Woodland | $2,219 |
| Ravenna | $2,173 |
| Broadway | $2,151 |
| Harbor Island-Industrial District | $2,147 |
| Highland Park | $2,147 |
| West Queen Anne | $2,136 |
| Pioneer Square | $2,128 |
| International District | $2,120 |
| Interbay | $2,120 |
| Stevens | $2,096 |
| Roosevelt | $2,084 |
| Wedgwood | $2,084 |
| Mount Baker | $2,068 |
| North Beacon Hill | $2,062 |
| Greenwood | $2,050 |
| High Point | $2,038 |
| North Delridge | $2,038 |
| Briarcliff | $2,036 |
| Lawton Park | $2,036 |
| Brighton | $2,008 |
| Ballinger | $1,994 |
| Briarcrest | $1,994 |
| Fairmount Park | $1,947 |
| Maple Leaf | $1,946 |
| Rainier Beach | $1,925 |
| Meridian Park | $1,900 |
| Parkwood | $1,900 |
| Hillwood | $1,878 |
| Richmond Highlands | $1,878 |
| Haller Lake | $1,870 |
| Olympic Hills | $1,843 |
| Victory Heights | $1,843 |
| Central Des Moines | $1,799 |
| Richmond Beach | $1,611 |
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What are the most affordable neighborhoods in Seattle?
The most affordable neighborhoods in Seattle are Richmond Beach, where the average rent goes for $1,611/month, Central Des Moines, where renters pay $1,799/mo on average, and Olympic Hills, where the average rent goes for $1,843/mo. If you’re looking for other great deals, check out the listings from Victory Heights ($1,843), Haller Lake ($1,870), and Hillwood ($1,878), where the asking prices are below the average Seattle rent of $2,267/mo.
What are the most expensive neighborhoods in Seattle?
The most expensive neighborhoods in Seattle are Seattle Central Business District ($2,543), Central Waterfront ($2,562) and Belltown ($2,678).
What are the most popular neighborhoods in Seattle?
The most popular neighborhood in Seattle is Ballard, where there are 1 listings with an average rent of $2,219. Next up is Central Des Moines, where apartments go for $1,799/month, followed by First Hill with $2,377 If you’re looking to rent in Seattle’s most popular neighborhoods, make sure to also check out Fremont, where renters pay $2,241 on average, and Greenwood, where the average monthly rent is $2,050.
Seattle | Rent Comparison by Neighborhood
Rent in Ballard is 11% higher than in Ballinger
$2,219
Ballard rent is 2% lower than Seattle average
Average Rent
$2,219
$1,994
Ballinger rent is 12% lower than Seattle average
Average Rent
$1,994
How Seattle Compares to Other Cities
| State | Average Rent |
|---|---|
| Seattle | $2,267 |
| Mercer Island | $2,545 |
| Renton | $2,139 |
| Everett | $1,841 |
| Kirkland | $2,465 |
| Bellevue | $2,558 |
| Federal Way | $1,831 |
| Kenmore | $2,146 |
| Kent | $1,865 |
| Shoreline | $1,902 |
| Lynnwood | $2,043 |
| Mountlake Terrace | $1,995 |
| Des Moines | $1,842 |
| Issaquah | $2,682 |
| SeaTac | $1,808 |
| Tukwila | $1,761 |
| Lake Forest Park | $1,994 |
| Newcastle | $2,189 |
What is the average price for a storage unit in Seattle?
The average rent for a non-climate-controlled 10'x10' storage unit in Seattle is $207.92. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Seattle
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Red River
132, Seattle, WA 132465| 1 BED | $1,500 |
| 2 BEDS | $1,850 |
| 3 BEDS | $2,200 |
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Mariners Cove
2808 Safeco Way, Rainier Beach, WA 98118| 2 BEDS | $1,600 |
| 3 BEDS | $1,850 |
564 1st Avenue South
564 1St Avenue South, Seattle, WA 98104| 2 BEDS | $2,000 |
123 US Street Seattle, WA 30088
123 US Street, Seattle, WA 30088| 1 BED | $2,000 |