Average Rent in Belltown, Seattle, WA

Current Versus Historical Belltown, Seattle, WA Rents

Belltown rentals average $1,494 for a studio rental to $4,921 for a 3-bedroom rental. The median price of all currently available listings is $1,914, or roughly $35 per square feet.

For the apartment units and housing in November 2023, median rents have fallenover the last year. Studio rentals prices have decreased by $292 (-19.64%) year-over-year from $1,487 to $1,195. 1-bedroom rentals prices have decreased by $215 (-9.60%) year-over-year from $2,242 to $2,027. 2-bedroom rentals prices have increased by $163 (5.19%) year-over-year from $3,133 to $3,295. 3-bedroom rentals prices have increased by $302 (5.78%) year-over-year from $5,229 to $5,531. 4-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $2,595 to $2,595. 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 5.65% this month. 1-bedroom rents have gone down by 11.13% this month. 2-bedroom rents have gone down by 10.26% this month. 3-bedroom rents have gone up by 9.63% this month. 4-bedroom rents have gone down by 0.00% this month.

Beds	Price / Sqft	Nov 2023 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$43	$1,195	$1,487 (-19.64%)	$1,441 (-17.09%)
1 BR	$35	$2,027	$2,242 (-9.60%)	$1,834 (10.54%)
2 BR	$33	$3,295	$3,133 (5.19%)	$2,992 (10.13%)
3 BR	$34	$5,531	$5,229 (5.78%)	$4,670 (18.43%)

Historical Rents in Belltown, Seattle, WA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Belltown

There are a total of 3 cities nearby Belltown. The average rent in Belltown is currently $2,334 per month. Only one city nearby has 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 Belltown, Seattle, WA is Bellevue, WA. Monthly rents here are on average $2,659 per month.

Let's compare Belltown, Seattle, WA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Belltown, Seattle, WA is 26.94% more affordable than other cities nearby. One bedrooms are about 12.40% more affordable. Two bedrooms in Belltown, Seattle, WA are about 3.05% more affordable. Finally, rent for three bedrooms are about 31.94% more expensive. Want more information? Check out the top 3 cities near Belltown, Seattle, 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
Bellevue, WA	$2,070	$2,492	$3,009	$2,659

Top Neighborhoods Near Belltown

There are a total of 3 neighborhoods in or near Belltown. Some of these neighborhoods include Broadway, Downtown Redmond, and Downtown Bellevue. We've included all of these top 3 neighborhoods in or near Belltown, Seattle, WA in the following chart.

The average rent for these 3 neighborhoods in or near Belltown, Seattle, WA is currently around $2,318 per month. A total of one neighborhood has a lower average rent. Meaning, only two neighborhoods have a higher average rent than $2,318. Interestingly, the neighborhoods' average rent is higher than Belltown's average rent, which is only $1,914. Out of all the neighborhoods in or near Belltown, 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 Belltown. 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
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 Belltown

There are a total of 3 counties located by Belltown, Seattle, WA.

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

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near Belltown

There are a total of 5 zipcodes in or near Belltown, Seattle, WA. The average rent for all of these zipcodes is $1,914. A total of 3 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 Belltown, Seattle, 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 Belltown, Seattle, WA. You can view the average rent breakdown for each zipcode by bedroom size.

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

Frequently Asked Questions - Belltown Average Rents

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

The average monthly rental price for Belltown, Seattle, WA apartments for rent is approximately $1,914. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Belltown, 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 Belltown, Seattle, WA.

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

The average monthly rental price for studio apartments is $1,494 and an average price per square feet of $42.59. There are a total of 21 studio apartment listings currently available for rent in Belltown.

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

The average monthly rental price for one bedroom apartments is $1,916 and an average price per square feet of $34.91. There are a total of 28 one bedroom apartment listings currently available for rent in Belltown.

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

The average monthly rental price for two bedroom apartments is $2,785 and an average price per square feet of $32.73. There are a total of 14 two bedroom apartment listings currently available for rent in Belltown.

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

Rent prices for rentals in Belltown, Seattle, WA can fluctuate yearly. Specifically, studio rental prices have changed by -0.20%, one bedroom rental prices have changed by -0.10%, two bedroom rental prices have changed by 0.05%, and three bedroom rental prices have changed by 0.06% year-over-year.

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

A reasonable rent price in Belltown, Seattle, WA is around $1,531/month. You can search for these reasonably priced rental listings on RentHop.