Average Rent in 98052, Redmond, WA

Current Versus Historical 98052, Redmond, WA Rents

98052 rentals average $2,047 for a studio rental to $4,375 for a 4-bedroom rental. The median price of all currently available listings is $2,602, or roughly $3 per square feet.

For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $258 (-13.76%) year-over-year from $1,876 to $1,618. 1-bedroom rentals prices have decreased by $74 (-3.04%) year-over-year from $2,444 to $2,370. 2-bedroom rentals prices have increased by $200 (7.26%) year-over-year from $2,750 to $2,950. 3-bedroom rentals prices have increased by $153 (4.15%) year-over-year from $3,697 to $3,850. 4-bedroom rentals prices have increased by $1,167 (29.69%) year-over-year from $3,932 to $5,099. 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 down by 2.56% this month. 1-bedroom rents have gone up by 2.92% this month. 2-bedroom rents have gone up by 2.60% this month. 3-bedroom rents have gone up by 5.99% this month. 4-bedroom rents have gone up by 12.94% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.18	$1,618	$1,876 (-13.76%)	$1,809 (-10.57%)
1 BR	$3.22	$2,370	$2,444 (-3.04%)	$2,076 (14.16%)
2 BR	$2.85	$2,950	$2,750 (7.26%)	$2,296 (28.51%)
3 BR	$2.20	$3,850	$3,697 (4.15%)	$2,843 (35.44%)
4+ BR	$1.54	$5,099	$3,932 (29.69%)	$3,928 (29.83%)

Historical Rents in 98052, Redmond, WA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 98052

There are a total of 2 cities nearby 98052. The average rent in 98052 is currently $2,897 per month. Only one city nearby has an average rent lower than that. Our records show that Redmond, WA, with an average rent of $2,599, is the most affordable city nearby. In contrast, the most expensive city near 98052, Redmond, WA is Bellevue, WA. Monthly rents here are on average $3,195 per month.

Let's compare 98052, Redmond, WA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 98052, Redmond, WA is 4.46% more affordable than other cities nearby. One bedrooms are about 11.09% more affordable. Two bedrooms in 98052, Redmond, WA are about 5.79% more affordable. Finally, rent for three bedrooms are about 14.86% more affordable. Want more information? Check out the top 2 cities near 98052, Redmond, WA in the following chart.

City	Studio	1 Bed	2 Bed	All
Redmond, WA	$2,047	$2,445	$3,222	$2,599
Bellevue, WA	$2,230	$2,988	$3,595	$3,195

Top Neighborhoods Near 98052

There are a total of 2 neighborhoods in or near 98052. We've included all of these top 2 neighborhoods in or near 98052, Redmond, WA in the following chart.

The average rent for these 2 neighborhoods in or near 98052, Redmond, WA is currently around $2,875 per month. A total of one neighborhood has a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than 98052's average rent, which is only $2,602. Out of all the neighborhoods in or near 98052, Downtown Redmond has the most affordable average rent at $2,561 per month. Whereas, at $3,189 average rent per month, Downtown Bellevue is the most expensive neighborhood in or near 98052. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Downtown Redmond, Redmond, WA	$2,047	$2,498	$3,222	$2,561
Downtown Bellevue, Bellevue, WA	$2,230	$3,004	$3,996	$3,189

Top Counties Near 98052

There are a total of 2 counties located by 98052, Redmond, WA.

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

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near 98052

There are a total of 2 zipcodes in or near 98052, Redmond, WA. The average rent for all of these zipcodes is $2,508.

The following chart includes the top 2 zipcodes in 98052, Redmond, WA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
98122, Seattle, WA	$1,513	$1,750	$2,150	$1,725
98004, Bellevue, WA	$2,230	$3,004	$3,973	$3,290

Frequently Asked Questions - 98052 Average Rents

What is the average rent price in 98052, Redmond, WA?

The average monthly rental price for 98052, Redmond, WA apartments for rent is approximately $2,602. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 98052, Redmond, 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 98052, Redmond, WA.

How much is a studio apartment in 98052, Redmond, WA?

The average monthly rental price for studio apartments is $2,047 and an average price per square feet of $3.18. There are a total of 10 studio apartment listings currently available for rent in 98052.

How much is a one bedroom apartment in 98052, Redmond, WA?

The average monthly rental price for one bedroom apartments is $2,445 and an average price per square feet of $3.22. There are a total of 26 one bedroom apartment listings currently available for rent in 98052.

How much is a two bedroom apartment in 98052, Redmond, WA?

The average monthly rental price for two bedroom apartments is $3,222 and an average price per square feet of $2.85. There are a total of 21 two bedroom apartment listings currently available for rent in 98052.

How have rent prices in 98052, Redmond, WA changed this year?

Rent prices for rentals in 98052, Redmond, WA can fluctuate yearly. Specifically, studio rental prices have changed by -0.14%, one bedroom rental prices have changed by -0.03%, two bedroom rental prices have changed by 0.07%, and three bedroom rental prices have changed by 0.04% year-over-year.

What is a reasonable rent price in 98052, Redmond, WA?

A reasonable rent price in 98052, Redmond, WA is around $2,082/month. You can search for these reasonably priced rental listings on RentHop.