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Rental market trends in Seattle, WA

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Average Rent in Seattle, WA

Avg. RentAnnual Change
Studio - $1,477-8%
1 Bed - $2,260+2%
2 Beds - $3,260+3%
Last updated 3/28/2023

Average Apartment Cost in Seattle, WA

The average rent for apartments in Seattle, WA, is between $1,477 and $3,260 in 2023. For a studio apartment in Seattle, WA, the average rent is $1,477. When it comes to 1-bedroom apartments, the average rent in Seattle, WA, is $2,260. For a 2-bedroom apartment, the average rent is $3,260.

Apartment Rent Ranges in Seattle, WA

$501-$700
$701-$1,000
$1,001-$1,500
$1,501-$2,100
$2,101+
Apartment Prices
Proportion
0%3%19%28%49%

Neighborhood Apartment Rent Trends in Seattle, WA

NeighborhoodStudio Avg RentAnnual Change
First Hill$1,850+15%
South Lake Union$1,795-6%
North Seattle$1,762+13%
Cascade$1,685-11%
Lake Union$1,657-12%
North Queen Anne$1,650+47%
Downtown$1,635-4%
Ravenna$1,631+14%
Magnolia$1,595--
University District$1,560+4%

How Other Cities Compare to Seattle, WA

CityStudio Avg RentAnnual Change
Bothell$2,235-10%
Bellevue$2,187+7%
Everett$2,175-12%
Shoreline$2,046+38%
Redmond$1,967-8%
Bremerton$1,945+39%
Lynnwood$1,942+18%
Edmonds$1,899-42%
Kent$1,704-8%
Kirkland$1,660-33%

Seattle, WA Rent Trends

Neighborhood Information for Seattle, WA

What are the most affordable neighborhoods in Seattle, WA?

The most affordable neighborhoods in Seattle are Pioneer Square, where the average 1-bedroom apartment rent goes for $1,262, South Park, where renters pay $1,375 on average for a 1-bedroom apartment, and Lake City, where the average 1-bedroom apartment rent goes for $1,537. If you're looking for other great deals, check out the listings in Bitter Lake ($1,565 for a 1-bedroom apartment) or Greenwood ($1,570 for a 1-bedroom apartment), compared to the $2,260 average for a Seattle 1-bedroom apartment.