Average Rent in 98101, Seattle, WA

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Current Versus Historical 98101, Seattle, WA Rents

98101 rentals average $2,295 for a studio rental to $3,868 for a 2-bedroom rental. The median price of all currently available listings is $2,508, or roughly $47 per square feet.

For the apartment units and housing in October 2026, median rents have fallen over the last year. Studio rentals prices have increased by $274 (13.81%) year-over-year from $1,981 to $2,255. 1-bedroom rentals prices have decreased by $257 (-9.26%) year-over-year from $2,778 to $2,521. 2-bedroom rentals prices have increased by $717 (23.35%) year-over-year from $3,071 to $3,788. 3-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $27,200 to $27,200. 4-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $1,000 to $1,000. 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 6.67% this month. 1-bedroom rents have gone down by 14.48% this month. 2-bedroom rents have gone up by 5.55% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone down by 0.00% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$49.30	$2,255	$1,981 (13.81%)	$1,385 (62.82%)
1 BR	$42.31	$2,521	$2,778 (-9.26%)	$1,944 (29.71%)
2 BR	$38.49	$3,788	$3,071 (23.35%)	$2,914 (29.99%)

Historical Rents in 98101, Seattle, WA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 98101

There are a total of 1 cities nearby 98101. The average rent in 98101 is currently $2,195 per month. Only one city nearby has an average rent lower than that. Our records show that Seattle, WA, with an average rent of $2,195, is the most affordable city nearby. In contrast, the most expensive city near 98101, Seattle, WA is Seattle, WA. Monthly rents here are on average $2,195 per month.

Let's compare 98101, Seattle, WA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 98101, Seattle, WA is 30.68% more expensive than other cities nearby. One bedrooms are about 13.71% more expensive. Two bedrooms in 98101, Seattle, WA are about 22.44% more expensive. Want more information? Check out the top 1 cities near 98101, Seattle, WA in the following table.

City	Studio	1 Bed	2 Bed	All
Seattle, WA	$1,591	$2,175	$3,000	$2,195

Top Neighborhoods Near 98101

There are a total of 1 neighborhoods in or near 98101. One neighborhood in the area is Central Business District. We've included all of these top 1 neighborhoods in or near 98101, Seattle, WA in the following table.

The average rent for these 1 neighborhoods in or near 98101, Seattle, WA is currently around $2,508 per month. A total of one neighborhood has a lower average rent. Interestingly, the neighborhoods' average rent is equivalent to 98101's average rent, which is also $2,508. Out of all the neighborhoods in or near 98101, Central Business District has the most affordable average rent at $2,508 per month. Whereas, at $2,508 average rent per month, Central Business District is the most expensive neighborhood in or near 98101. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Central Business District, Seattle, WA	$2,295	$2,521	$3,868	$2,508

Top Counties Near 98101

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near 98101

There is one zipcode in or near 98101, Seattle, WA. The average rent for this zipcode is $2,395. One zipcode has an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 98109, Seattle, WA at $2,395 per month. In comparison, the zipcode with the most expensive average rent of $2,395 per month is 98109, Seattle, WA.

The following table includes the zipcode in or near 98101, Seattle, WA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
98109, Seattle, WA	$2,013	$2,447	$3,749	$2,395

Frequently Asked Questions - 98101 Average Rents

What is the average rent price in 98101, Seattle, WA?

The average monthly rental price for 98101, Seattle, WA apartments for rent is approximately $2,508. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 98101, 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 98101, Seattle, WA.

How much is a studio apartment in 98101, Seattle, WA?

The average monthly rental price for studio apartments is $2,295 and an average price per square feet of $49.30. There are a total of 17 studio apartment listings currently available for rent in 98101.

How much is a one bedroom apartment in 98101, Seattle, WA?

The average monthly rental price for one bedroom apartments is $2,521 and an average price per square feet of $42.31. There are a total of 22 one bedroom apartment listings currently available for rent in 98101.

How much is a two bedroom apartment in 98101, Seattle, WA?

The average monthly rental price for two bedroom apartments is $3,868 and an average price per square feet of $38.49. There are a total of 11 two bedroom apartment listings currently available for rent in 98101.

How have rent prices in 98101, Seattle, WA changed this year?

Rent prices for rentals in 98101, Seattle, WA can fluctuate yearly. Specifically, studio rental prices have changed by 0.14%, one bedroom rental prices have changed by -0.09%, two bedroom rental prices have changed by 0.23%, three bedroom rental prices have changed by 0.00% year-over-year.

What is a reasonable rent price in 98101, Seattle, WA?

A reasonable rent price in 98101, Seattle, WA is around $2,006/month. You can search for these reasonably priced rental listings on RentHop.