Average Rent in 98109, Seattle, WA

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Current Versus Historical 98109, Seattle, WA Rents

98109 rentals average $1,904 for a studio rental to $3,373 for a 2-bedroom rental. The median price of all currently available listings is $2,411, or roughly $44 per square feet.

For the apartment units and housing in July 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $189 (9.85%) year-over-year from $1,919 to $2,108. 1-bedroom rentals prices have increased by $65 (2.75%) year-over-year from $2,362 to $2,427. 2-bedroom rentals prices have increased by $198 (6.24%) year-over-year from $3,175 to $3,373. 3-bedroom rentals prices have increased by $265 (6.66%) year-over-year from $3,980 to $4,245. 4-bedroom rentals prices have decreased by $5,299 (-53.80%) year-over-year from $9,849 to $4,550. 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 19.87% this month. 1-bedroom rents have gone up by 6.47% this month. 2-bedroom rents have gone up by 5.21% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone up by 3.02% this month.

Beds	Price / Sqft	Jul 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$50.53	$2,108	$1,919 (9.85%)	$1,405 (50.04%)
1 BR	$43.99	$2,427	$2,362 (2.75%)	$1,882 (28.98%)
2 BR	$42.55	$3,373	$3,175 (6.24%)	$2,798 (20.54%)

Historical Rents in 98109, Seattle, WA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 98109

There are a total of 1 cities nearby 98109. The average rent in 98109 is currently $2,190 per month. Only one city nearby has an average rent lower than that. Our records show that Seattle, WA, with an average rent of $2,190, is the most affordable city nearby. In contrast, the most expensive city near 98109, Seattle, WA is Seattle, WA. Monthly rents here are on average $2,190 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 19.46% more expensive than other cities nearby. One bedrooms are about 8.12% more expensive. Two bedrooms in 98109, Seattle, WA are about 9.59% more expensive. Want more information? Check out the top 1 cities near 98109, Seattle, WA in the following table.

City	Studio	1 Bed	2 Bed	All
Seattle, WA	$1,534	$2,194	$3,050	$2,190

Top Neighborhoods Near 98109

There are a total of 1 neighborhoods in or near 98109. One neighborhood in the area is South-Lake Union. We've included all of these top 1 neighborhoods in or near 98109, Seattle, WA in the following table.

The average rent for these 1 neighborhoods in or near 98109, Seattle, WA is currently around $2,484 per month. Interestingly, the neighborhoods' average rent is higher than 98109's average rent, which is only $2,411. Out of all the neighborhoods in or near 98109, South-Lake Union has the most affordable average rent at $2,484 per month. Whereas, at $2,484 average rent per month, South-Lake Union is the most expensive neighborhood in or near 98109. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
South-Lake Union, Seattle, WA	$2,196	$2,439	$3,752	$2,484

Top Counties Near 98109

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near 98109

There is one zipcode in or near 98109, Seattle, WA. The average rent for this zipcode is $2,113. One zipcode has an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 98122, Seattle, WA at $2,113 per month. In comparison, the zipcode with the most expensive average rent of $2,113 per month is 98122, Seattle, WA.

The following table includes the zipcode in or near 98109, Seattle, WA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
98122, Seattle, WA	$1,761	$2,176	$3,168	$2,113

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 $2,411. 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 $1,904 and an average price per square feet of $50.53. There are a total of 10 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 $2,388 and an average price per square feet of $43.99. There are a total of 43 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 $3,373 and an average price per square feet of $42.55. There are a total of 13 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 0.10%, one bedroom rental prices have changed by 0.03%, two bedroom rental prices have changed by 0.06%, three bedroom rental prices have changed by 0.07% year-over-year.

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

A reasonable rent price in 98109, Seattle, WA is around $1,929/month. You can search for these reasonably priced rental listings on RentHop.