Average Rent in Bellevue, WA

Current Versus Historical Bellevue, WA Rents

Bellevue rentals average $2,070 for a studio rental to $4,400 for a 4-bedroom rental. The median price of all currently available listings is $2,659, or roughly $39 per square feet.

For the apartment units and housing in November 2023, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $136 (7.42%) year-over-year from $1,827 to $1,963. 1-bedroom rentals prices have increased by $84 (3.66%) year-over-year from $2,302 to $2,386. 2-bedroom rentals prices have decreased by $8 (-0.30%) year-over-year from $2,708 to $2,700. 3-bedroom rentals prices have increased by $143 (4.74%) year-over-year from $3,008 to $3,150. 4-bedroom rentals prices have increased by $87 (1.97%) year-over-year from $4,408 to $4,495. 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 2.27% this month. 1-bedroom rents have gone up by 2.77% this month. 2-bedroom rents have gone up by 3.05% this month. 3-bedroom rents have gone up by 0.01% this month. 4-bedroom rents have gone up by 5.39% this month.

Beds	Price / Sqft	Nov 2023 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$55	$1,963	$1,827 (7.42%)	$1,632 (20.32%)
1 BR	$42	$2,386	$2,302 (3.66%)	$2,043 (16.77%)
2 BR	$34	$2,700	$2,708 (-0.30%)	$2,567 (5.18%)
3 BR	$32	$3,150	$3,008 (4.74%)	$2,723 (15.67%)
4+ BR	$20	$4,495	$4,408 (1.97%)	$3,665 (22.65%)

Historical Rents in Bellevue, WA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Bellevue

There are a total of 2 cities nearby Bellevue. The average rent in Bellevue is currently $2,107 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Seattle, WA, with an average rent of $1,880, is the most affordable city nearby. In contrast, the most expensive city near Bellevue, WA is Redmond, WA. Monthly rents here are on average $2,334 per month.

Let's compare Bellevue, WA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Bellevue, WA is 19.71% more expensive than other cities nearby. One bedrooms are about 19.91% more expensive. Two bedrooms in Bellevue, WA are about 10.33% more expensive. Finally, rent for three bedrooms are about 61.94% more expensive. Want more information? Check out the top 2 cities near Bellevue, WA in the following chart.

City	Studio	1 Bed	2 Bed	All
Seattle, WA	$1,428	$1,838	$2,526	$1,880
Redmond, WA	$1,897	$2,154	$2,870	$2,334

Top Neighborhoods Near Bellevue

There are a total of 4 neighborhoods in or near Bellevue. Some of these neighborhoods include Broadway, Belltown, and Downtown Redmond. We've included all of these top 4 neighborhoods in or near Bellevue, WA in the following chart.

The average rent for these 4 neighborhoods in or near Bellevue, WA is currently around $2,116 per month. A total of 3 neighborhoods have a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Out of all the neighborhoods in or near Bellevue, Broadway has the most affordable average rent at $1,695 per month. Whereas, at $2,699 average rent per month, Downtown Bellevue is the most expensive neighborhood in or near Bellevue. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Broadway, Seattle, WA	$1,350	$1,695	$2,450	$1,695
Belltown, Seattle, WA	$1,494	$1,916	$2,785	$1,914
Downtown Redmond, Redmond, WA	$1,897	$2,155	$2,898	$2,318
Downtown Bellevue, Bellevue, WA	$2,045	$2,519	$3,237	$2,699

Top Counties Near Bellevue

There are a total of 4 counties located by Bellevue, WA.

We've listed the top 0 counties in the chart below.

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near Bellevue

There are a total of 5 zipcodes in or near Bellevue, WA. The average rent for all of these zipcodes is $1,914. A total of 4 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 $1,823 per month. In comparison, the zipcode with the most expensive average rent of $2,710 per month is 98004, Bellevue, WA.

Studios in these zipcodes have an average rent of $1,650. That's at least $43 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Bellevue, WA is $1,941 per month. Or in other words, $35 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,785 per month. Which comes out to $33 per sqft. The following chart includes the top 5 zipcodes in Bellevue, WA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
98052, Redmond, WA	$1,897	$2,154	$2,870	$2,334
98122, Seattle, WA	$1,485	$1,913	$2,450	$1,823
98109, Seattle, WA	$1,650	$1,941	$2,775	$1,868
98121, Seattle, WA	$1,494	$1,916	$2,785	$1,914
98004, Bellevue, WA	$2,045	$2,517	$3,178	$2,710

Frequently Asked Questions - Bellevue Average Rents

What is the average rent price in Bellevue, WA?

The average monthly rental price for Bellevue, WA apartments for rent is approximately $2,659. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Bellevue, 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 Bellevue, WA.

How much is a studio apartment in Bellevue, WA?

The average monthly rental price for studio apartments is $2,070 and an average price per square feet of $54.68. There are a total of 6 studio apartment listings currently available for rent in Bellevue.

How much is a one bedroom apartment in Bellevue, WA?

The average monthly rental price for one bedroom apartments is $2,492 and an average price per square feet of $42.21. There are a total of 47 one bedroom apartment listings currently available for rent in Bellevue.

How much is a two bedroom apartment in Bellevue, WA?

The average monthly rental price for two bedroom apartments is $3,009 and an average price per square feet of $33.56. There are a total of 34 two bedroom apartment listings currently available for rent in Bellevue.

How have rent prices in Bellevue, WA changed this year?

Rent prices for rentals in Bellevue, WA can fluctuate yearly. Specifically, studio rental prices have changed by 0.07%, one bedroom rental prices have changed by 0.04%, two bedroom rental prices have changed by 0.00%, and three bedroom rental prices have changed by 0.05% year-over-year.

What is a reasonable rent price in Bellevue, WA?

A reasonable rent price in Bellevue, WA is around $2,127/month. You can search for these reasonably priced rental listings on RentHop.