Average Rent in Ballard, Seattle, WA

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Current Versus Historical Ballard, Seattle, WA Rents

Ballard rentals average $1,125 for a studio rental to $3,550 for a 4-bedroom rental. The median price of all currently available listings is $2,413, or roughly $39 per square feet.

For the apartment units and housing in June 2026, median rents have risen substantially over the last year. Studio rentals prices have decreased by $217 (-17.08%) year-over-year from $1,272 to $1,055. 1-bedroom rentals prices have increased by $774 (47.33%) year-over-year from $1,636 to $2,410. 2-bedroom rentals prices have increased by $883 (34.24%) year-over-year from $2,579 to $3,463. 3-bedroom rentals prices have increased by $938 (28.52%) year-over-year from $3,288 to $4,225. 4-bedroom rentals prices have decreased by $1,496 (-29.64%) year-over-year from $5,046 to $3,550. 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 down by 14.69% this month. 1-bedroom rents have gone up by 4.28% this month. 2-bedroom rents have gone up by 4.32% this month. 3-bedroom rents have gone up by 6.11% this month. 4-bedroom rents have gone down by 35.65% this month.

Beds	Price / Sqft	Jun 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$39.85	$1,055	$1,272 (-17.08%)	$1,202 (-12.21%)
1 BR	$38.84	$2,410	$1,636 (47.33%)	$1,740 (38.51%)
2 BR	$41.01	$3,463	$2,579 (34.24%)	$2,487 (39.24%)
3 BR	$34.71	$4,225	$3,288 (28.52%)	$3,808 (10.95%)
4+ BR	$27.66	$3,550	$5,046 (-29.64%)	$4,733 (-24.99%)

Historical Rents in Ballard, Seattle, WA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Ballard

There are a total of 1 cities nearby Ballard. The average rent in Ballard 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 Ballard, Seattle, WA is Seattle, WA. Monthly rents here are on average $2,190 per month.

Let's compare Ballard, Seattle, WA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Ballard, Seattle, WA is 52.00% more affordable than other cities nearby. One bedrooms are about 7.10% more expensive. Two bedrooms in Ballard, Seattle, WA are about 12.66% more expensive. Finally, rent for three bedrooms are about 17.28% more expensive. Want more information? Check out the top 1 cities near Ballard, Seattle, WA in the following table.

City	Studio	1 Bed	2 Bed	All
Seattle, WA	$1,710	$2,239	$3,024	$2,190

Top Neighborhoods Near Ballard

There are a total of 2 neighborhoods in or near Ballard. Some of these neighborhoods include Central Business District and South-Lake Union. We've included all of these top 2 neighborhoods in or near Ballard, Seattle, WA in the following table.

The average rent for these 2 neighborhoods in or near Ballard, Seattle, WA is currently around $2,461 per month. Interestingly, the neighborhoods' average rent is higher than Ballard's average rent, which is only $2,413. Out of all the neighborhoods in or near Ballard, Central Business District has the most affordable average rent at $2,440 per month. Whereas, at $2,481 average rent per month, South-Lake Union is the most expensive neighborhood in or near Ballard. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Central Business District, Seattle, WA	$2,032	$2,690	$3,618	$2,440
South-Lake Union, Seattle, WA	$2,108	$2,464	$3,417	$2,481

Top Counties Near Ballard

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near Ballard

There are a total of 3 zipcodes in or near Ballard, Seattle, WA. The average rent for all of these zipcodes is $2,427. 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 $2,200 per month. In comparison, the zipcode with the most expensive average rent of $2,435 per month is 98101, Seattle, WA.

Studios in these zipcodes have an average rent of $1,963. That's at least $46 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Ballard, Seattle, WA is $2,411 per month. Or in other words, $42 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,407 per month. Which comes out to $41 per sqft. The following table includes the top 3 zipcodes in Ballard, 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	$1,963	$2,411	$3,407	$2,427
98101, Seattle, WA	$2,032	$2,606	$3,618	$2,435
98122, Seattle, WA	$1,866	$2,278	$3,064	$2,200

Frequently Asked Questions - Ballard Average Rents

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

The average monthly rental price for Ballard, Seattle, WA apartments for rent is approximately $2,413. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Ballard, 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 Ballard, Seattle, WA.

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

The average monthly rental price for studio apartments is $1,125 and an average price per square feet of $39.85. There are a total of 6 studio apartment listings currently available for rent in Ballard.

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

The average monthly rental price for one bedroom apartments is $2,410 and an average price per square feet of $38.84. There are a total of 37 one bedroom apartment listings currently available for rent in Ballard.

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

The average monthly rental price for two bedroom apartments is $3,463 and an average price per square feet of $41.01. There are a total of 6 two bedroom apartment listings currently available for rent in Ballard.

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

Rent prices for rentals in Ballard, Seattle, WA can fluctuate yearly. Specifically, studio rental prices have changed by -0.17%, one bedroom rental prices have changed by 0.47%, two bedroom rental prices have changed by 0.34%, three bedroom rental prices have changed by 0.29% year-over-year.

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

A reasonable rent price in Ballard, Seattle, WA is around $1,930/month. You can search for these reasonably priced rental listings on RentHop.