Average Rent in 98122, Seattle, WA

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Current Versus Historical 98122, Seattle, WA Rents

98122 rentals average $1,824 for a studio rental to $3,933 for a 3-bedroom rental. The median price of all currently available listings is $2,159, or roughly $40 per square feet.

For the apartment units and housing in August 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $442 (-19.21%) year-over-year from $2,300 to $1,858. 1-bedroom rentals prices have decreased by $92 (-3.86%) year-over-year from $2,372 to $2,280. 2-bedroom rentals prices have increased by $104 (3.75%) year-over-year from $2,783 to $2,887. 3-bedroom rentals prices have increased by $338 (9.40%) year-over-year from $3,595 to $3,933. 4-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $4,500 to $4,500. 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 3.82% this month. 1-bedroom rents have gone up by 0.18% this month. 2-bedroom rents have gone down by 4.28% this month. 3-bedroom rents have gone down by 0.49% this month. 4-bedroom rents have gone down by 0.00% this month.

Beds	Price / Sqft	Aug 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$41.32	$1,858	$2,300 (-19.21%)	$1,280 (45.16%)
1 BR	$40.03	$2,280	$2,372 (-3.86%)	$1,709 (33.41%)
2 BR	$39.18	$2,887	$2,783 (3.75%)	$2,363 (22.16%)
3 BR	$33.56	$3,933	$3,595 (9.40%)	$3,248 (21.08%)

Historical Rents in 98122, Seattle, WA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 98122

There are a total of 1 cities nearby 98122. The average rent in 98122 is currently $2,095 per month. Only one city nearby has an average rent lower than that. Our records show that Seattle, WA, with an average rent of $2,095, is the most affordable city nearby. In contrast, the most expensive city near 98122, Seattle, WA is Seattle, WA. Monthly rents here are on average $2,095 per month.

Let's compare 98122, Seattle, WA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 98122, Seattle, WA is 20.78% more expensive than other cities nearby. One bedrooms are about 2.58% more expensive. Two bedrooms in 98122, Seattle, WA are about 2.76% more expensive. Finally, rent for three bedrooms are about 6.05% more expensive. Want more information? Check out the top 1 cities near 98122, Seattle, WA in the following table.

City	Studio	1 Bed	2 Bed	All
Seattle, WA	$1,445	$2,207	$2,995	$2,095

Top Neighborhoods Near 98122

There are a total of 1 neighborhoods in or near 98122. One neighborhood in the area is South-Lake Union. We've included all of these top 1 neighborhoods in or near 98122, Seattle, WA in the following table.

The average rent for these 1 neighborhoods in or near 98122, Seattle, WA is currently around $2,506 per month. Interestingly, the neighborhoods' average rent is higher than 98122's average rent, which is only $2,159. Out of all the neighborhoods in or near 98122, South-Lake Union has the most affordable average rent at $2,506 per month. Whereas, at $2,506 average rent per month, South-Lake Union is the most expensive neighborhood in or near 98122. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
South-Lake Union, Seattle, WA	$2,110	$2,501	$3,864	$2,506

Top Counties Near 98122

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near 98122

There is one zipcode in or near 98122, Seattle, WA. The average rent for this zipcode is $2,437.

The following table includes the zipcode in or near 98122, 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	$2,074	$2,497	$3,675	$2,437

Frequently Asked Questions - 98122 Average Rents

What is the average rent price in 98122, Seattle, WA?

The average monthly rental price for 98122, Seattle, WA apartments for rent is approximately $2,159. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 98122, 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 98122, Seattle, WA.

How much is a studio apartment in 98122, Seattle, WA?

The average monthly rental price for studio apartments is $1,824 and an average price per square feet of $41.32. There are a total of 19 studio apartment listings currently available for rent in 98122.

How much is a one bedroom apartment in 98122, Seattle, WA?

The average monthly rental price for one bedroom apartments is $2,266 and an average price per square feet of $40.03. There are a total of 20 one bedroom apartment listings currently available for rent in 98122.

How much is a two bedroom apartment in 98122, Seattle, WA?

The average monthly rental price for two bedroom apartments is $3,080 and an average price per square feet of $39.18. There are a total of 14 two bedroom apartment listings currently available for rent in 98122.

How have rent prices in 98122, Seattle, WA changed this year?

Rent prices for rentals in 98122, Seattle, WA can fluctuate yearly. Specifically, studio rental prices have changed by -0.19%, one bedroom rental prices have changed by -0.04%, two bedroom rental prices have changed by 0.04%, three bedroom rental prices have changed by 0.09% year-over-year.

What is a reasonable rent price in 98122, Seattle, WA?

A reasonable rent price in 98122, Seattle, WA is around $1,727/month. You can search for these reasonably priced rental listings on RentHop.