Average Rent in Island, WA

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Current Versus Historical Island, WA Rents

Island rentals average $1,000 for a studio rental to $2,548 for a 4-bedroom rental. The median price of all currently available listings is $1,700, or roughly $2 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 $20 (-1.96%) year-over-year from $1,020 to $1,000. 1-bedroom rentals prices have increased by $50 (3.92%) year-over-year from $1,275 to $1,325. 2-bedroom rentals prices have increased by $33 (2.06%) year-over-year from $1,617 to $1,650. 3-bedroom rentals prices have decreased by $86 (-3.56%) year-over-year from $2,408 to $2,323. 4-bedroom rentals prices have increased by $43 (1.61%) year-over-year from $2,633 to $2,675. 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 29.43% this month. 1-bedroom rents have gone down by 3.52% this month. 2-bedroom rents have gone up by 3.13% this month. 3-bedroom rents have gone down by 2.79% this month. 4-bedroom rents have gone down by 0.62% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$1.25	$1,000	$1,020 (-1.96%)	$64,750 (-98.46%)
1 BR	$2.04	$1,325	$1,275 (3.92%)	$1,054 (25.69%)
2 BR	$1.78	$1,650	$1,617 (2.06%)	$1,358 (21.47%)
3 BR	$1.59	$2,323	$2,408 (-3.56%)	$1,937 (19.92%)
4+ BR	$1.45	$2,675	$2,633 (1.61%)	$2,225 (20.22%)

Historical Rents in Island, WA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Island

There are a total of 4 cities nearby Island. The average rent in Island is currently $2,325 per month. Our records show that Bellingham, WA, with an average rent of $1,900, is the most affordable city nearby. In contrast, the most expensive city near Island, WA is Bellevue, WA. Monthly rents here are on average $3,271 per month.

Let's compare Island, WA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Island, WA is 79.15% more affordable than other cities nearby. One bedrooms are about 77.35% more affordable. Two bedrooms in Island, WA are about 77.45% more affordable. Finally, rent for three bedrooms are about 59.70% more affordable. Want more information? Check out the top 4 cities near Island, WA in the following chart.

City	Studio	1 Bed	2 Bed	All
Bellingham, WA	$1,290	$1,475	$1,798	$1,900
Seattle, WA	$1,512	$1,944	$2,732	$2,050
Redmond, WA	$2,071	$2,401	$3,124	$2,599
Bellevue, WA	$2,237	$3,018	$3,617	$3,271

Top Neighborhoods Near Island

There are a total of 5 neighborhoods in or near Island. Some of these neighborhoods include Broadway, Happy Valley, and Belltown. We've included all of these top 5 neighborhoods in or near Island, WA in the following chart.

The average rent for these 5 neighborhoods in or near Island, WA is currently around $2,050 per month. Meaning, only five neighborhoods have a higher average rent than $2,050. Interestingly, the neighborhoods' average rent is higher than Island's average rent, which is only $1,700. Out of all the neighborhoods in or near Island, Broadway has the most affordable average rent at $1,725 per month. Whereas, at $3,258 average rent per month, Downtown Bellevue is the most expensive neighborhood in or near Island. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Broadway, Seattle, WA	$1,495	$1,851	$2,595	$1,725
Happy Valley, Bellingham, WA	$1,300	$1,450	$1,763	$1,725
Belltown, Seattle, WA	$1,568	$2,288	$3,227	$2,050
Sehome, Bellingham, WA	$1,300	$1,350	$1,895	$2,550
Downtown Bellevue, Bellevue, WA	$2,237	$3,078	$4,075	$3,258

Top Counties Near Island

There are a total of 5 counties located by Island, WA.

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

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near Island

There are a total of 8 zipcodes in or near Island, WA. The average rent for all of these zipcodes is $2,075.

The following chart includes the top 8 zipcodes in Island, WA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
98225, WA	$1,290	$1,463	$1,800	$1,900
98052, Redmond, WA	$2,071	$2,401	$3,124	$2,626
98122, Seattle, WA	$1,525	$1,750	$2,150	$1,725
98109, Seattle, WA	$1,945	$2,101	$3,075	$2,100
98226, Whatcom County, WA	$1,275	$1,600	$1,800	$1,850
98101, Seattle, WA	$1,950	$2,598	$3,989	$3,261
98121, Seattle, WA	$1,568	$2,288	$3,227	$2,050
98004, Bellevue, WA	$2,237	$3,078	$4,036	$3,511

Frequently Asked Questions - Island Average Rents

What is the average rent price in Island, WA?

The average monthly rental price for Island, 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 Island, 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 Island, WA.

How much is a studio apartment in Island, WA?

The average monthly rental price for studio apartments is $1,000 and an average price per square feet of $1.25. There are a total of 3 studio apartment listings currently available for rent in Island.

How much is a one bedroom apartment in Island, WA?

The average monthly rental price for one bedroom apartments is $1,225 and an average price per square feet of $2.04. There are a total of 7 one bedroom apartment listings currently available for rent in Island.

How much is a two bedroom apartment in Island, WA?

The average monthly rental price for two bedroom apartments is $1,650 and an average price per square feet of $1.78. There are a total of 24 two bedroom apartment listings currently available for rent in Island.

How have rent prices in Island, WA changed this year?

Rent prices for rentals in Island, WA can fluctuate yearly. Specifically, studio rental prices have changed by -0.02%, one bedroom rental prices have changed by 0.04%, two bedroom rental prices have changed by 0.02%, and three bedroom rental prices have changed by -0.04% year-over-year.

What is a reasonable rent price in Island, WA?

A reasonable rent price in Island, WA is around $1,360/month. You can search for these reasonably priced rental listings on RentHop.