Average Rent in 98105, Seattle, WA

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Current Versus Historical 98105, Seattle, WA Rents

98105 rentals average $1,363 for a studio rental to $7,800 for a 4-bedroom rental. The median price of all currently available listings is $1,845, or roughly $3 per square feet.
For the apartment units and housing in April 2024, median rents have fallenover the last year. Studio rentals prices have increased by $49 (3.97%) year-over-year from $1,234 to $1,283. 1-bedroom rentals prices have decreased by $96 (-6.20%) year-over-year from $1,546 to $1,450. 2-bedroom rentals prices have increased by $173 (8.99%) year-over-year from $1,927 to $2,100. 3-bedroom rentals prices have decreased by $211 (-7.64%) year-over-year from $2,761 to $2,550. 4-bedroom rentals prices have increased by $2,172 (45.95%) year-over-year from $4,726 to $6,898. 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 13.04% this month. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone up by 8.20% this month. 3-bedroom rents have gone down by 7.83% this month. 4-bedroom rents have gone up by 7.82% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.77 $1,283 $1,234 (3.97%) $939 (36.63%)
1 BR $3.07 $1,450 $1,546 (-6.20%) $1,247 (16.31%)
2 BR $2.98 $2,100 $1,927 (8.99%) $2,026 (3.68%)
4+ BR $2.85 $6,898 $4,726 (45.95%) $4,554 (51.45%)

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 $2,561 per month. Our records show that Seattle, WA, with an average rent of $2,060, 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 $3,425 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 54.31% more affordable than other cities nearby. One bedrooms are about 38.26% more affordable. Two bedrooms in 98105, Seattle, WA are about 28.18% more affordable. Finally, rent for three bedrooms are about inf% more affordable. 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 $1,487 $1,936 $2,713 $2,060
Redmond, WA $2,103 $2,365 $3,198 $2,561
Bellevue, WA $2,205 $3,184 $3,673 $3,425

Top Neighborhoods Near 98105

There are a total of 4 neighborhoods in or near 98105. Some of these neighborhoods include Broadway, Belltown, 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 $2,402 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $2,402. Interestingly, the neighborhoods' average rent is higher than 98105's average rent, which is only $1,845. Out of all the neighborhoods in or near 98105, Broadway has the most affordable average rent at $1,700 per month. Whereas, at $3,645 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
Broadway, Seattle, WA $1,502 $1,870 $2,695 $1,700
Belltown, Seattle, WA $1,566 $1,850 $2,950 $1,825
Central Business District, Seattle, WA $1,921 $2,357 $3,722 $2,979
Downtown Bellevue, Bellevue, WA $2,205 $3,307 $4,080 $3,645

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 6 zipcodes in or near 98105, Seattle, WA. The average rent for all of these zipcodes is $2,347. A total of 2 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 98122, Seattle, WA at $1,783 per month. In comparison, the zipcode with the most expensive average rent of $3,700 per month is 98004, Bellevue, WA.

Studios in these zipcodes have an average rent of $1,895. That's at least $4 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 98105, Seattle, WA is $2,234 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,154 per month. Which comes out to $3 per sqft. The following chart includes the top 6 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 $2,103 $2,365 $3,198 $2,580
98122, Seattle, WA $1,510 $1,873 $2,500 $1,783
98109, Seattle, WA $1,949 $2,112 $3,110 $2,114
98101, Seattle, WA $1,840 $2,357 $3,786 $2,824
98121, Seattle, WA $1,566 $1,873 $2,840 $1,787
98004, Bellevue, WA $2,205 $3,307 $4,053 $3,700

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 $1,845. 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 $1,363 and an average price per square feet of $3.77. There are a total of 12 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 $1,711 and an average price per square feet of $3.07. There are a total of 16 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 $2,495 and an average price per square feet of $2.98. There are a total of 11 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 0.04%, one bedroom rental prices have changed by -0.06%, two bedroom rental prices have changed by 0.09%, and three bedroom rental prices have changed by -0.08% year-over-year.
What is a reasonable rent price in 98105, Seattle, WA?
A reasonable rent price in 98105, Seattle, WA is around $1,476/month. You can search for these reasonably priced rental listings on RentHop.
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