Average Rent in 98109, Seattle, WA

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Current Versus Historical 98109, Seattle, WA Rents

98109 rentals average $2,341 for a studio rental to $10,235 for a 3-bedroom rental. The median price of all currently available listings is $2,516, or roughly $4 per square feet.

For the apartment units and housing in January 2025, median rents have risen substantially over the last year. Studio rentals prices have increased by $427 (29.89%) year-over-year from $1,430 to $1,857. 1-bedroom rentals prices have increased by $552 (30.44%) year-over-year from $1,812 to $2,363. 2-bedroom rentals prices have increased by $1,255 (48.29%) year-over-year from $2,599 to $3,854. 3-bedroom rentals prices have increased by $7,097 (226.13%) year-over-year from $3,138 to $10,235. 4-bedroom rentals prices have increased by $1,635 (33.61%) year-over-year from $4,865 to $6,500. 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 4.12% this month. 1-bedroom rents have gone up by 0.21% this month. 2-bedroom rents have gone up by 32.42% this month. 3-bedroom rents have gone up by 69.36% this month. 4-bedroom rents have gone down by 0.00% this month.

Beds	Price / Sqft	Jan 2025 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$4.70	$1,857	$1,430 (29.89%)	$1,999 (-7.09%)
1 BR	$3.77	$2,363	$1,812 (30.44%)	$1,780 (32.75%)
2 BR	$3.99	$3,854	$2,599 (48.29%)	$2,362 (63.14%)
3 BR	N/A	$10,235	$3,138 (226.13%)	$3,680 (178.10%)

Historical Rents in 98109, Seattle, WA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 98109

There are a total of 2 cities nearby 98109. The average rent in 98109 is currently $2,725 per month. Our records show that Seattle, WA, with an average rent of $2,550, is the most affordable city nearby. In contrast, the most expensive city near 98109, Seattle, WA is Bellevue, WA. Monthly rents here are on average $2,900 per month.

Let's compare 98109, Seattle, WA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 98109, Seattle, WA is 20.82% more expensive than other cities nearby. One bedrooms are about 4.05% more expensive. Two bedrooms in 98109, Seattle, WA are about 41.06% more expensive. Finally, rent for three bedrooms are about 65.46% more expensive. Want more information? Check out the top 2 cities near 98109, Seattle, WA in the following chart.

City	Studio	1 Bed	2 Bed	All
Seattle, WA	$1,862	$2,249	$3,250	$2,550
Bellevue, WA	$1,845	$2,668	$3,233	$2,900

Top Neighborhoods Near 98109

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near 98109

We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near 98109

You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All

Frequently Asked Questions - 98109 Average Rents

What is the average rent price in 98109, Seattle, WA?

The average monthly rental price for 98109, Seattle, WA apartments for rent is approximately $2,516. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 98109, 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 98109, Seattle, WA.

How much is a studio apartment in 98109, Seattle, WA?

The average monthly rental price for studio apartments is $2,341 and an average price per square feet of $4.70. There are a total of 9 studio apartment listings currently available for rent in 98109.

How much is a one bedroom apartment in 98109, Seattle, WA?

The average monthly rental price for one bedroom apartments is $2,562 and an average price per square feet of $3.77. There are a total of 20 one bedroom apartment listings currently available for rent in 98109.

How much is a two bedroom apartment in 98109, Seattle, WA?

The average monthly rental price for two bedroom apartments is $5,500 and an average price per square feet of $3.99. There are a total of 4 two bedroom apartment listings currently available for rent in 98109.

How have rent prices in 98109, Seattle, WA changed this year?

Rent prices for rentals in 98109, Seattle, WA can fluctuate yearly. Specifically, studio rental prices have changed by 0.30%, one bedroom rental prices have changed by 0.30%, two bedroom rental prices have changed by 0.48%, and three bedroom rental prices have changed by 2.26% year-over-year.

What is a reasonable rent price in 98109, Seattle, WA?

A reasonable rent price in 98109, Seattle, WA is around $2,013/month. You can search for these reasonably priced rental listings on RentHop.