Average Rent in 98105, Seattle, WA

Current Versus Historical 98105, Seattle, WA Rents

98105 rentals average $1,432 for a studio rental to $5,095 for a 4-bedroom rental. The median price of all currently available listings is $2,219, or roughly $3 per square feet.

For the apartment units and housing in July 2024, median rents have risen over the last year. Studio rentals prices have increased by $151 (11.82%) year-over-year from $1,281 to $1,432. 1-bedroom rentals prices have increased by $112 (6.84%) year-over-year from $1,637 to $1,749. 2-bedroom rentals prices have increased by $190 (8.72%) year-over-year from $2,179 to $2,369. 3-bedroom rentals prices have increased by $643 (22.89%) year-over-year from $2,808 to $3,450. 4-bedroom rentals prices have increased by $983 (20.86%) year-over-year from $4,712 to $5,695. 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 2.06% this month. 1-bedroom rents have gone up by 5.58% this month. 2-bedroom rents have gone down by 4.72% this month. 3-bedroom rents have gone down by 10.54% this month. 4-bedroom rents have gone up by 4.19% this month.

Beds	Price / Sqft	Jul 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.65	$1,432	$1,281 (11.82%)	$1,250 (14.53%)
1 BR	$3.49	$1,749	$1,637 (6.84%)	$1,388 (26.02%)
2 BR	$3.22	$2,369	$2,179 (8.72%)	$1,923 (23.17%)
3 BR	N/A	$3,450	$2,808 (22.89%)	$2,373 (45.37%)
4+ BR	N/A	$5,695	$4,712 (20.86%)	$3,258 (74.83%)

Historical Rents in 98105, Seattle, WA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 98105

There are a total of 3 cities nearby 98105. The average rent in 98105 is currently $2,788 per month. Our records show that Seattle, WA, with an average rent of $2,500, is the most affordable city nearby. In contrast, the most expensive city near 98105, Seattle, WA is Bellevue, WA. Monthly rents here are on average $3,372 per month.

Let's compare 98105, Seattle, WA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 98105, Seattle, WA is 44.55% more affordable than other cities nearby. One bedrooms are about 18.04% more affordable. Two bedrooms in 98105, Seattle, WA are about 40.53% more affordable. Finally, rent for three bedrooms are about 5.42% more expensive. Want more information? Check out the top 3 cities near 98105, Seattle, WA in the following chart.

City	Studio	1 Bed	2 Bed	All
Seattle, WA	$1,850	$2,275	$3,325	$2,500
Redmond, WA	$2,150	$2,405	$3,077	$2,788
Bellevue, WA	$2,070	$2,697	$4,052	$3,372

Top Neighborhoods Near 98105

There are a total of 4 neighborhoods in or near 98105. Some of these neighborhoods include Belltown, Downtown Redmond, and Central Business District. We've included all of these top 4 neighborhoods in or near 98105, Seattle, WA in the following chart.

The average rent for these 4 neighborhoods in or near 98105, Seattle, WA is currently around $2,676 per month. Meaning, only four neighborhoods have a higher average rent than $2,676. Interestingly, the neighborhoods' average rent is higher than 98105's average rent, which is only $2,219. Out of all the neighborhoods in or near 98105, Belltown has the most affordable average rent at $2,259 per month. Whereas, at $3,081 average rent per month, Downtown Bellevue is the most expensive neighborhood in or near 98105. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Belltown, Seattle, WA	$1,604	$2,297	$3,350	$2,259
Downtown Redmond, Redmond, WA	$2,150	$2,410	$3,077	$2,573
Central Business District, Seattle, WA	$2,070	$2,780	$5,371	$2,780
Downtown Bellevue, Bellevue, WA	$2,070	$2,734	$4,166	$3,081

Top Counties Near 98105

There are a total of 4 counties located by 98105, Seattle, WA.

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

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near 98105

There are a total of 4 zipcodes in or near 98105, Seattle, WA. The average rent for all of these zipcodes is $2,891.

The following chart includes the top 4 zipcodes in 98105, 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	$2,150	$2,405	$3,077	$2,788
98101, Seattle, WA	$2,015	$2,862	$5,374	$2,995
98121, Seattle, WA	$1,600	$2,400	$3,340	$2,265
98004, Bellevue, WA	$2,070	$2,734	$4,166	$3,324

Frequently Asked Questions - 98105 Average Rents

What is the average rent price in 98105, Seattle, WA?

The average monthly rental price for 98105, Seattle, WA apartments for rent is approximately $2,219. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 98105, 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 98105, Seattle, WA.

How much is a studio apartment in 98105, Seattle, WA?

The average monthly rental price for studio apartments is $1,432 and an average price per square feet of $3.65. There are a total of 3 studio apartment listings currently available for rent in 98105.

How much is a one bedroom apartment in 98105, Seattle, WA?

The average monthly rental price for one bedroom apartments is $2,038 and an average price per square feet of $3.49. There are a total of 8 one bedroom apartment listings currently available for rent in 98105.

How much is a two bedroom apartment in 98105, Seattle, WA?

The average monthly rental price for two bedroom apartments is $2,366 and an average price per square feet of $3.22. There are a total of 15 two bedroom apartment listings currently available for rent in 98105.

How have rent prices in 98105, Seattle, WA changed this year?

Rent prices for rentals in 98105, Seattle, WA can fluctuate yearly. Specifically, studio rental prices have changed by 0.12%, one bedroom rental prices have changed by 0.07%, two bedroom rental prices have changed by 0.09%, and three bedroom rental prices have changed by 0.23% year-over-year.

What is a reasonable rent price in 98105, Seattle, WA?

A reasonable rent price in 98105, Seattle, WA is around $1,775/month. You can search for these reasonably priced rental listings on RentHop.