Average Rent in Green Lake, Seattle, WA

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Current Versus Historical Green Lake, Seattle, WA Rents

Green Lake rentals average $1,366 for a studio rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $1,985, 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 $110 (-7.42%) year-over-year from $1,475 to $1,366. 1-bedroom rentals prices have increased by $87 (5.29%) year-over-year from $1,638 to $1,725. 2-bedroom rentals prices have decreased by $185 (-7.31%) year-over-year from $2,530 to $2,345. 3-bedroom rentals prices have decreased by $104 (-2.67%) year-over-year from $3,904 to $3,800. 4-bedroom rentals prices have increased by $667 (14.10%) year-over-year from $4,728 to $5,395. 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 8.20% this month. 1-bedroom rents have gone down by 0.38% this month. 2-bedroom rents have gone down by 9.66% this month. 3-bedroom rents have gone up by 3.64% this month. 4-bedroom rents have gone up by 26.32% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.64 $1,366 $1,475 (-7.42%) $1,729 (-21.04%)
1 BR $2.82 $1,725 $1,638 (5.29%) $1,534 (12.45%)

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 $2,519 per month. Our records show that Seattle, WA, with an average rent of $2,055, 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 $3,425 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 53.97% more affordable than other cities nearby. One bedrooms are about 19.14% 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 $1,487 $1,936 $2,700 $2,055
Redmond, WA $2,103 $2,365 $3,198 $2,519
Bellevue, WA $2,205 $3,184 $3,673 $3,425

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 Central Business District. 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 $2,402 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $2,402. Interestingly, the neighborhoods' average rent is higher than Green Lake's average rent, which is only $1,985. Out of all the neighborhoods in or near Green Lake, Broadway has the most affordable average rent at $1,700 per month. Whereas, at $3,645 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 $1,502 $1,870 $2,695 $1,700
Belltown, Seattle, WA $1,566 $1,850 $2,950 $1,825
Central Business District, Seattle, WA $1,921 $2,357 $3,722 $2,979
Downtown Bellevue, Bellevue, WA $2,205 $3,307 $4,080 $3,645

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 $2,338. A total of 2 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 $1,783 per month. In comparison, the zipcode with the most expensive average rent of $3,700 per month is 98004, Bellevue, WA.

Studios in these zipcodes have an average rent of $1,895. 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 $2,234 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,154 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 $1,949 $2,112 $3,110 $2,114
98121, Seattle, WA $1,566 $1,873 $2,840 $1,787
98101, Seattle, WA $1,840 $2,357 $3,786 $2,824
98122, Seattle, WA $1,510 $1,873 $2,500 $1,783
98004, Bellevue, WA $2,205 $3,307 $4,053 $3,700
98052, Redmond, WA $2,103 $2,365 $3,198 $2,561

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 $1,985. 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 -0.07%, one bedroom rental prices have changed by 0.05%, two bedroom rental prices have changed by -0.07%, and three bedroom rental prices have changed by -0.03% 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 $1,588/month. You can search for these reasonably priced rental listings on RentHop.
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