Average Rent in Broadway, Seattle, WA

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Current Versus Historical Broadway, Seattle, WA Rents

Broadway rentals average $1,495 for a studio rental to $2,495 for a 2-bedroom rental. The median price of all currently available listings is $1,700, or roughly $3 per square feet.
For the apartment units and housing in April 2024, median rents have risen over the last year. Studio rentals prices have decreased by $53 (-3.81%) year-over-year from $1,378 to $1,325. 1-bedroom rentals prices have increased by $110 (6.42%) year-over-year from $1,713 to $1,823. 2-bedroom rentals prices have increased by $107 (4.34%) year-over-year from $2,472 to $2,579. 3-bedroom rentals prices have decreased by $1,448 (-39.69%) year-over-year from $3,648 to $2,200. 4-bedroom rentals prices have decreased by $20 (-0.33%) year-over-year from $6,020 to $6,000. 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 0.00% this month. 1-bedroom rents have gone up by 1.13% this month. 2-bedroom rents have gone up by 2.46% this month. 3-bedroom rents have gone down by 41.07% this month. 4-bedroom rents have gone up by 3.45% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.45 $1,325 $1,378 (-3.81%) $1,819 (-27.14%)
1 BR $2.88 $1,823 $1,713 (6.42%) $1,459 (24.90%)
2 BR $3.04 $2,579 $2,472 (4.34%) $2,088 (23.54%)

Historical Rents in Broadway, Seattle, WA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Broadway

There are a total of 3 cities nearby Broadway. The average rent in Broadway is currently $2,599 per month. Our records show that Seattle, WA, with an average rent of $2,047, is the most affordable city nearby. In contrast, the most expensive city near Broadway, Seattle, WA is Bellevue, WA. Monthly rents here are on average $3,195 per month.

Let's compare Broadway, Seattle, WA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Broadway, Seattle, WA is 36.92% more affordable than other cities nearby. One bedrooms are about 32.09% more affordable. Two bedrooms in Broadway, Seattle, WA are about 29.14% more affordable. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 3 cities near Broadway, Seattle, WA in the following chart.
City Studio 1 Bed 2 Bed All
Seattle, WA $1,501 $1,950 $2,706 $2,047
Redmond, WA $2,047 $2,445 $3,222 $2,599
Bellevue, WA $2,230 $2,988 $3,595 $3,195

Top Neighborhoods Near Broadway

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

The average rent for these 3 neighborhoods in or near Broadway, Seattle, WA is currently around $2,561 per month. Meaning, only three neighborhoods have a higher average rent than $2,561. Interestingly, the neighborhoods' average rent is higher than Broadway's average rent, which is only $1,700. Out of all the neighborhoods in or near Broadway, Belltown has the most affordable average rent at $2,087 per month. Whereas, at $3,189 average rent per month, Downtown Bellevue is the most expensive neighborhood in or near Broadway. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Belltown, Seattle, WA $1,563 $2,168 $3,178 $2,087
Downtown Redmond, Redmond, WA $2,047 $2,498 $3,222 $2,561
Downtown Bellevue, Bellevue, WA $2,230 $3,004 $3,996 $3,189

Top Counties Near Broadway

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

We've listed the top 0 counties in the chart below.
County Studio 1 Bed 2 Bed All

Top Zipcodes Near Broadway

There are a total of 6 zipcodes in or near Broadway, Seattle, WA. The average rent for all of these zipcodes is $2,363.

The following chart includes the top 6 zipcodes in Broadway, Seattle, WA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
98101, Seattle, WA $1,948 $2,532 $3,984 $2,940
98109, Seattle, WA $1,872 $2,122 $3,071 $2,119
98122, Seattle, WA $1,513 $1,750 $2,150 $1,725
98121, Seattle, WA $1,563 $2,250 $3,178 $2,123
98004, Bellevue, WA $2,230 $3,004 $3,973 $3,290
98052, Redmond, WA $2,047 $2,445 $3,222 $2,602

Frequently Asked Questions - Broadway Average Rents

What is the average rent price in Broadway, Seattle, WA?
The average monthly rental price for Broadway, Seattle, WA apartments for rent is approximately $1,700. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Broadway, 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 Broadway, Seattle, WA.
How much is a studio apartment in Broadway, Seattle, WA?
The average monthly rental price for studio apartments is $1,495 and an average price per square feet of $3.45. There are a total of 19 studio apartment listings currently available for rent in Broadway.
How much is a one bedroom apartment in Broadway, Seattle, WA?
The average monthly rental price for one bedroom apartments is $1,851 and an average price per square feet of $2.88. There are a total of 30 one bedroom apartment listings currently available for rent in Broadway.
How much is a two bedroom apartment in Broadway, Seattle, WA?
The average monthly rental price for two bedroom apartments is $2,495 and an average price per square feet of $3.04. There are a total of 3 two bedroom apartment listings currently available for rent in Broadway.
How have rent prices in Broadway, Seattle, WA changed this year?
Rent prices for rentals in Broadway, Seattle, WA can fluctuate yearly. Specifically, studio rental prices have changed by -0.04%, one bedroom rental prices have changed by 0.06%, two bedroom rental prices have changed by 0.04%, and three bedroom rental prices have changed by -0.40% year-over-year.
What is a reasonable rent price in Broadway, Seattle, WA?
A reasonable rent price in Broadway, Seattle, WA is around $1,360/month. You can search for these reasonably priced rental listings on RentHop.
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