Average Rent in Capitol Hill, Seattle, WA

Current Versus Historical Capitol Hill, Seattle, WA Rents

Capitol Hill rentals average $1,431 for a studio rental to $9,400 for a 4-bedroom rental. The median price of all currently available listings is $1,812, or roughly $3 per square feet.

For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $28 (-2.03%) year-over-year from $1,398 to $1,370. 1-bedroom rentals prices have increased by $82 (4.77%) year-over-year from $1,713 to $1,795. 2-bedroom rentals prices have increased by $133 (5.20%) year-over-year from $2,562 to $2,695. 3-bedroom rentals prices have increased by $63 (1.92%) year-over-year from $3,285 to $3,348. 4-bedroom rentals prices have increased by $97 (1.54%) year-over-year from $6,303 to $6,400. 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 0.24% this month. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone up by 5.17% this month. 3-bedroom rents have gone down by 16.47% this month. 4-bedroom rents have gone up by 2.67% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.45	$1,370	$1,398 (-2.03%)	$1,734 (-21.01%)
1 BR	$2.93	$1,795	$1,713 (4.77%)	$1,430 (25.52%)
2 BR	$3.13	$2,695	$2,562 (5.20%)	$2,128 (26.62%)
4+ BR	N/A	$6,400	$6,303 (1.54%)	$5,498 (16.40%)

Historical Rents in Capitol Hill, Seattle, WA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Capitol Hill

There are a total of 3 cities nearby Capitol Hill. The average rent in Capitol Hill is currently $2,580 per month. Our records show that Seattle, WA, with an average rent of $2,065, is the most affordable city nearby. In contrast, the most expensive city near Capitol Hill, Seattle, WA is Bellevue, WA. Monthly rents here are on average $3,250 per month.

Let's compare Capitol Hill, Seattle, WA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Capitol Hill, Seattle, WA is 44.30% more affordable than other cities nearby. One bedrooms are about 22.11% more affordable. Two bedrooms in Capitol Hill, Seattle, WA are about 20.89% more affordable. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 3 cities near Capitol Hill, Seattle, WA in the following chart.

City	Studio	1 Bed	2 Bed	All
Seattle, WA	$1,484	$1,926	$2,708	$2,065
Redmond, WA	$2,065	$2,430	$3,198	$2,580
Bellevue, WA	$2,205	$2,977	$3,645	$3,250

Top Neighborhoods Near Capitol Hill

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

The average rent for these 3 neighborhoods in or near Capitol Hill, Seattle, WA is currently around $1,850 per month. A total of one neighborhood has a lower average rent. Meaning, only two neighborhoods have a higher average rent than $1,850. Interestingly, the neighborhoods' average rent is higher than Capitol Hill's average rent, which is only $1,812. Out of all the neighborhoods in or near Capitol Hill, Broadway has the most affordable average rent at $1,725 per month. Whereas, at $3,468 average rent per month, Downtown Bellevue is the most expensive neighborhood in or near Capitol Hill. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Broadway, Seattle, WA	$1,481	$1,917	$2,695	$1,725
Belltown, Seattle, WA	$1,561	$1,873	$2,950	$1,850
Downtown Bellevue, Bellevue, WA	$2,205	$3,078	$4,075	$3,468

Top Counties Near Capitol Hill

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

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

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near Capitol Hill

There are a total of 6 zipcodes in or near Capitol Hill, Seattle, WA. The average rent for all of these zipcodes is $2,359.

The following chart includes the top 6 zipcodes in Capitol Hill, Seattle, WA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
98122, Seattle, WA	$1,479	$1,813	$2,325	$1,764
98101, Seattle, WA	$1,880	$2,456	$3,850	$2,855
98109, Seattle, WA	$1,964	$2,124	$3,104	$2,129
98121, Seattle, WA	$1,561	$1,895	$2,840	$1,819
98004, Bellevue, WA	$2,205	$3,078	$4,050	$3,657
98052, Redmond, WA	$2,065	$2,430	$3,198	$2,588

Frequently Asked Questions - Capitol Hill Average Rents

What is the average rent price in Capitol Hill, Seattle, WA?

The average monthly rental price for Capitol Hill, Seattle, WA apartments for rent is approximately $1,812. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Capitol Hill, 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 Capitol Hill, Seattle, WA.

How much is a studio apartment in Capitol Hill, Seattle, WA?

The average monthly rental price for studio apartments is $1,431 and an average price per square feet of $3.45. There are a total of 20 studio apartment listings currently available for rent in Capitol Hill.

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

The average monthly rental price for one bedroom apartments is $1,990 and an average price per square feet of $2.93. There are a total of 35 one bedroom apartment listings currently available for rent in Capitol Hill.

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

The average monthly rental price for two bedroom apartments is $2,645 and an average price per square feet of $3.13. There are a total of 8 two bedroom apartment listings currently available for rent in Capitol Hill.

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

Rent prices for rentals in Capitol Hill, Seattle, WA can fluctuate yearly. Specifically, studio rental prices have changed by -0.02%, one bedroom rental prices have changed by 0.05%, two bedroom rental prices have changed by 0.05%, and three bedroom rental prices have changed by 0.02% year-over-year.

What is a reasonable rent price in Capitol Hill, Seattle, WA?

A reasonable rent price in Capitol Hill, Seattle, WA is around $1,449/month. You can search for these reasonably priced rental listings on RentHop.