Average Rent in Central Business District, Seattle, WA

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Current Versus Historical Central Business District, Seattle, WA Rents

Central Business District rentals average $2,130 for a studio rental to $3,601 for a 2-bedroom rental. The median price of all currently available listings is $2,530, or roughly $45 per square feet.

For the apartment units and housing in July 2026, median rents have fallen substantially over the last year. Studio rentals prices have decreased by $28 (-1.33%) year-over-year from $2,123 to $2,095. 1-bedroom rentals prices have decreased by $474 (-15.75%) year-over-year from $3,010 to $2,536. 2-bedroom rentals prices have decreased by $615 (-14.58%) year-over-year from $4,216 to $3,601. 3-bedroom rentals prices have increased by $5,250 (23.92%) year-over-year from $21,950 to $27,200. 4-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $1,000 to $1,000. 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 5.64% this month. 1-bedroom rents have gone down by 8.06% this month. 2-bedroom rents have gone up by 8.90% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone down by 0.00% this month.

Beds	Price / Sqft	Jul 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$49.75	$2,095	$2,123 (-1.33%)	$1,999 (4.82%)
1 BR	$41.37	$2,536	$3,010 (-15.75%)	$2,536 (0.01%)
2 BR	$37.29	$3,601	$4,216 (-14.58%)	$2,964 (21.49%)

Historical Rents in Central Business District, Seattle, WA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Central Business District

There are a total of 2 cities nearby Central Business District. The average rent in Central Business District is currently $1,799 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Tacoma, WA, with an average rent of $1,395, is the most affordable city nearby. In contrast, the most expensive city near Central Business District, Seattle, WA is Seattle, WA. Monthly rents here are on average $2,203 per month.

Let's compare Central Business District, Seattle, WA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Central Business District, Seattle, WA is 36.37% more expensive than other cities nearby. One bedrooms are about 29.03% more expensive. Two bedrooms in Central Business District, Seattle, WA are about 36.96% more expensive. Want more information? Check out the top 2 cities near Central Business District, Seattle, WA in the following table.

City	Studio	1 Bed	2 Bed	All
Tacoma, WA	$1,108	$1,395	$1,510	$1,395
Seattle, WA	$1,603	$2,205	$3,031	$2,203

Top Neighborhoods Near Central Business District

There are a total of 1 neighborhoods in or near Central Business District. One neighborhood in the area is South-Lake Union. We've included all of these top 1 neighborhoods in or near Central Business District, Seattle, WA in the following table.

The average rent for these 1 neighborhoods in or near Central Business District, Seattle, WA is currently around $2,495 per month. A total of one neighborhood has a lower average rent. Interestingly, the neighborhoods' average rent is less than Central Business District's average rent, which is actually $2,530. Out of all the neighborhoods in or near Central Business District, South-Lake Union has the most affordable average rent at $2,495 per month. Whereas, at $2,495 average rent per month, South-Lake Union is the most expensive neighborhood in or near Central Business District. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
South-Lake Union, Seattle, WA	$2,229	$2,496	$3,774	$2,495

Top Counties Near Central Business District

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near Central Business District

There are a total of 3 zipcodes in or near Central Business District, Seattle, WA. The average rent for all of these zipcodes is $2,452. A total of 3 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 98122, Seattle, WA at $2,145 per month. In comparison, the zipcode with the most expensive average rent of $2,524 per month is 98101, Seattle, WA.

Studios in these zipcodes have an average rent of $2,130. That's at least $50 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Central Business District, Seattle, WA is $2,482 per month. Or in other words, $41 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,523 per month. Which comes out to $41 per sqft. The following table includes the top 3 zipcodes in Central Business District, 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	$2,130	$2,530	$3,601	$2,524
98122, Seattle, WA	$1,788	$2,190	$3,168	$2,145
98109, Seattle, WA	$2,183	$2,482	$3,523	$2,452

Frequently Asked Questions - Central Business District Average Rents

What is the average rent price in Central Business District, Seattle, WA?

The average monthly rental price for Central Business District, Seattle, WA apartments for rent is approximately $2,530. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Central Business District, 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 Central Business District, Seattle, WA.

How much is a studio apartment in Central Business District, Seattle, WA?

The average monthly rental price for studio apartments is $2,130 and an average price per square feet of $49.75. There are a total of 16 studio apartment listings currently available for rent in Central Business District.

How much is a one bedroom apartment in Central Business District, Seattle, WA?

The average monthly rental price for one bedroom apartments is $2,536 and an average price per square feet of $41.37. There are a total of 23 one bedroom apartment listings currently available for rent in Central Business District.

How much is a two bedroom apartment in Central Business District, Seattle, WA?

The average monthly rental price for two bedroom apartments is $3,601 and an average price per square feet of $37.29. There are a total of 11 two bedroom apartment listings currently available for rent in Central Business District.

How have rent prices in Central Business District, Seattle, WA changed this year?

Rent prices for rentals in Central Business District, Seattle, WA can fluctuate yearly. Specifically, studio rental prices have changed by -0.01%, one bedroom rental prices have changed by -0.16%, two bedroom rental prices have changed by -0.15%, three bedroom rental prices have changed by 0.24% year-over-year.

What is a reasonable rent price in Central Business District, Seattle, WA?

A reasonable rent price in Central Business District, Seattle, WA is around $2,024/month. You can search for these reasonably priced rental listings on RentHop.