Average Rent in Green Lake, Seattle, WA

Current Versus Historical Green Lake, Seattle, WA Rents

Green Lake rentals average $1,366 for a studio rental to $7,398 for a 4-bedroom rental. The median price of all currently available listings is $2,245, or roughly $3 per square feet.

For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $92 (-6.31%) year-over-year from $1,458 to $1,366. 1-bedroom rentals prices have increased by $30 (1.77%) year-over-year from $1,695 to $1,725. 2-bedroom rentals prices have increased by $163 (6.25%) year-over-year from $2,612 to $2,775. 3-bedroom rentals prices have increased by $29 (0.77%) year-over-year from $3,771 to $3,800. 4-bedroom rentals prices have increased by $2,303 (45.19%) year-over-year from $5,095 to $7,398. 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 4.85% this month. 1-bedroom rents have gone down by 0.38% this month. 2-bedroom rents have gone up by 13.00% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone up by 50.59% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$4.64	$1,366	$1,458 (-6.31%)	$1,667 (-18.06%)
1 BR	$2.82	$1,725	$1,695 (1.77%)	$1,627 (6.05%)
4+ BR	N/A	$7,398	$5,095 (45.19%)	$4,699 (57.44%)

Historical Rents in Green Lake, Seattle, WA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Green Lake

There are a total of 3 cities nearby Green Lake. The average rent in Green Lake is currently $2,602 per month. Only one city nearby has an average rent lower than that. Our records show that Seattle, WA, with an average rent of $2,034, is the most affordable city nearby. In contrast, the most expensive city near Green Lake, Seattle, WA is Bellevue, WA. Monthly rents here are on average $3,209 per month.

Let's compare Green Lake, Seattle, WA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Green Lake, Seattle, WA is 49.47% more affordable than other cities nearby. One bedrooms are about 22.80% more affordable. Two bedrooms in Green Lake, Seattle, WA are about inf% more affordable. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 3 cities near Green Lake, Seattle, WA in the following chart.

City	Studio	1 Bed	2 Bed	All
Seattle, WA	$1,495	$1,995	$2,716	$2,034
Redmond, WA	$2,041	$2,438	$3,036	$2,602
Bellevue, WA	$2,270	$2,965	$3,700	$3,209

Top Neighborhoods Near Green Lake

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

The average rent for these 4 neighborhoods in or near Green Lake, Seattle, WA is currently around $2,245 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $2,245. Out of all the neighborhoods in or near Green Lake, Broadway has the most affordable average rent at $1,700 per month. Whereas, at $3,191 average rent per month, Downtown Bellevue is the most expensive neighborhood in or near Green Lake. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Broadway, Seattle, WA	$1,495	$1,725	$2,695	$1,700
Belltown, Seattle, WA	$1,476	$2,323	$3,177	$1,960
Downtown Redmond, Redmond, WA	$2,041	$2,456	$3,036	$2,530
Downtown Bellevue, Bellevue, WA	$2,270	$2,988	$4,205	$3,191

Top Counties Near Green Lake

There are a total of 4 counties located by Green Lake, Seattle, WA.

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

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near Green Lake

There are a total of 6 zipcodes in or near Green Lake, Seattle, WA. The average rent for all of these zipcodes is $2,320. 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 $1,787 per month. In comparison, the zipcode with the most expensive average rent of $3,456 per month is 98004, Bellevue, WA.

Studios in these zipcodes have an average rent of $1,909. That's at least $4 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Green Lake, Seattle, WA is $2,394 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,107 per month. Which comes out to $3 per sqft. The following chart includes the top 6 zipcodes in Green Lake, Seattle, WA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
98109, Seattle, WA	$1,868	$2,034	$3,025	$2,034
98121, Seattle, WA	$1,476	$2,350	$3,177	$1,920
98101, Seattle, WA	$1,950	$2,558	$3,728	$3,187
98122, Seattle, WA	$1,525	$1,738	$2,548	$1,787
98004, Bellevue, WA	$2,270	$3,010	$4,159	$3,456
98052, Redmond, WA	$2,041	$2,438	$3,036	$2,605

Frequently Asked Questions - Green Lake Average Rents

What is the average rent price in Green Lake, Seattle, WA?

The average monthly rental price for Green Lake, Seattle, WA apartments for rent is approximately $2,245. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Green Lake, 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 Green Lake, Seattle, WA.

How much is a studio apartment in Green Lake, Seattle, WA?

The average monthly rental price for studio apartments is $1,366 and an average price per square feet of $4.64. There are a total of 2 studio apartment listings currently available for rent in Green Lake.

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

The average monthly rental price for one bedroom apartments is $1,985 and an average price per square feet of $2.82. There are a total of 2 one bedroom apartment listings currently available for rent in Green Lake.

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

The average monthly rental price for two bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 1 two bedroom apartment listings currently available for rent in Green Lake.

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

Rent prices for rentals in Green Lake, Seattle, WA can fluctuate yearly. Specifically, studio rental prices have changed by -0.06%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by 0.06%, and three bedroom rental prices have changed by 0.01% year-over-year.

What is a reasonable rent price in Green Lake, Seattle, WA?

A reasonable rent price in Green Lake, Seattle, WA is around $1,796/month. You can search for these reasonably priced rental listings on RentHop.