Average Rent in Seattle, WA

Current Versus Historical Seattle, WA Rents

Seattle rentals average $1,779 for a studio rental to $6,495 for a 4-bedroom rental. The median price of all currently available listings is $2,375, or roughly $3 per square feet.

For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $351 (26.54%) year-over-year from $1,323 to $1,675. 1-bedroom rentals prices have increased by $426 (24.71%) year-over-year from $1,724 to $2,150. 2-bedroom rentals prices have increased by $596 (25.58%) year-over-year from $2,328 to $2,924. 3-bedroom rentals prices have increased by $119 (3.38%) year-over-year from $3,531 to $3,650. 4-bedroom rentals prices have increased by $1,432 (32.08%) year-over-year from $4,463 to $5,895. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 15.63% this month. 1-bedroom rents have gone up by 14.95% this month. 2-bedroom rents have gone up by 14.95% this month. 3-bedroom rents have gone up by 2.87% this month. 4-bedroom rents have gone up by 15.29% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.46	$1,675	$1,323 (26.54%)	$1,480 (13.17%)
1 BR	$3.34	$2,150	$1,724 (24.71%)	$1,468 (46.46%)
2 BR	$3.12	$2,924	$2,328 (25.58%)	$2,000 (46.20%)
3 BR	$3.42	$3,650	$3,531 (3.38%)	$2,982 (22.41%)
4+ BR	N/A	$5,895	$4,463 (32.08%)	$3,815 (54.52%)

Historical Rents in Seattle, WA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Seattle

There are a total of 2 cities nearby Seattle. The average rent in Seattle is currently $3,124 per month. Our records show that Redmond, WA, with an average rent of $2,632, is the most affordable city nearby. In contrast, the most expensive city near Seattle, WA is Bellevue, WA. Monthly rents here are on average $3,615 per month.

Let's compare Seattle, WA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Seattle, WA is 25.58% more affordable than other cities nearby. One bedrooms are about 26.77% more affordable. Two bedrooms in Seattle, WA are about 11.02% more affordable. Finally, rent for three bedrooms are about 15.29% more affordable. Want more information? Check out the top 2 cities near Seattle, WA in the following chart.

City	Studio	1 Bed	2 Bed	All
Redmond, WA	$2,107	$2,566	$3,042	$2,632
Bellevue, WA	$2,361	$3,079	$4,063	$3,615

Top Neighborhoods Near Seattle

There are a total of 4 neighborhoods in or near Seattle. Some of these neighborhoods include Belltown, Downtown Redmond, and Central Business District. We've included all of these top 4 neighborhoods in or near Seattle, WA in the following chart.

The average rent for these 4 neighborhoods in or near Seattle, WA is currently around $2,805 per month. A total of one neighborhood has a lower average rent. Meaning, only three neighborhoods have a higher average rent than $2,805. Interestingly, the neighborhoods' average rent is higher than Seattle's average rent, which is only $2,375. Out of all the neighborhoods in or near Seattle, Belltown has the most affordable average rent at $2,141 per month. Whereas, at $3,355 average rent per month, Downtown Bellevue is the most expensive neighborhood in or near Seattle. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Belltown, Seattle, WA	$1,518	$2,096	$3,106	$2,141
Downtown Redmond, Redmond, WA	$2,107	$2,566	$3,042	$2,580
Central Business District, Seattle, WA	$2,067	$2,895	$4,218	$3,030
Downtown Bellevue, Bellevue, WA	$2,268	$3,120	$4,131	$3,355

Top Counties Near Seattle

There are a total of 4 counties located by Seattle, WA.

We've listed the top 0 counties in the chart below.

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near Seattle

There are a total of 4 zipcodes in or near Seattle, WA. The average rent for all of these zipcodes is $3,014.

The following chart includes the top 4 zipcodes in Seattle, WA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
98052, Redmond, WA	$2,107	$2,566	$3,042	$2,632
98101, Seattle, WA	$2,067	$2,795	$4,600	$3,395
98121, Seattle, WA	$1,518	$2,096	$2,957	$2,107
98004, Bellevue, WA	$2,268	$3,160	$4,179	$3,630

Frequently Asked Questions - Seattle Average Rents

What is the average rent price in Seattle, WA?

The average monthly rental price for Seattle, WA apartments for rent is approximately $2,375. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Seattle, WA rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Seattle, WA.

How much is a studio apartment in Seattle, WA?

The average monthly rental price for studio apartments is $1,779 and an average price per square feet of $3.46. There are a total of 72 studio apartment listings currently available for rent in Seattle.

How much is a one bedroom apartment in Seattle, WA?

The average monthly rental price for one bedroom apartments is $2,227 and an average price per square feet of $3.34. There are a total of 146 one bedroom apartment listings currently available for rent in Seattle.

How much is a two bedroom apartment in Seattle, WA?

The average monthly rental price for two bedroom apartments is $3,200 and an average price per square feet of $3.12. There are a total of 85 two bedroom apartment listings currently available for rent in Seattle.

How have rent prices in Seattle, WA changed this year?

Rent prices for rentals in Seattle, WA can fluctuate yearly. Specifically, studio rental prices have changed by 0.27%, one bedroom rental prices have changed by 0.25%, two bedroom rental prices have changed by 0.26%, and three bedroom rental prices have changed by 0.03% year-over-year.

What is a reasonable rent price in Seattle, WA?

A reasonable rent price in Seattle, WA is around $1,900/month. You can search for these reasonably priced rental listings on RentHop.