Average Rent in Northwest Seattle, Seattle, WA

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Current Versus Historical Northwest Seattle, Seattle, WA Rents

Northwest Seattle rentals average $1,366 for a studio rental to $6,795 for a 4-bedroom rental. The median price of all currently available listings is $2,245, or roughly $2 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 $169 (-12.88%) year-over-year from $1,314 to $1,145. 1-bedroom rentals prices have decreased by $1 (-0.05%) year-over-year from $1,596 to $1,595. 2-bedroom rentals prices have increased by $578 (26.28%) year-over-year from $2,198 to $2,775. 3-bedroom rentals prices have decreased by $3 (-0.10%) year-over-year from $3,498 to $3,495. 4-bedroom rentals prices have increased by $2,409 (48.30%) year-over-year from $4,988 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 8.16% this month. 1-bedroom rents have gone down by 2.05% this month. 2-bedroom rents have gone up by 16.03% this month. 3-bedroom rents have gone up by 5.01% this month. 4-bedroom rents have gone up by 46.12% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.77 $1,145 $1,314 (-12.88%) $1,550 (-26.14%)
1 BR $2.49 $1,595 $1,596 (-0.05%) $1,362 (17.14%)
2 BR $2.35 $2,775 $2,198 (26.28%) $1,807 (53.60%)
3 BR $2.23 $3,495 $3,498 (-0.10%) $3,029 (15.38%)
4+ BR $2.42 $7,398 $4,988 (48.30%) $4,175 (77.19%)

Historical Rents in Northwest Seattle, Seattle, WA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Northwest Seattle

There are a total of 3 cities nearby Northwest Seattle. The average rent in Northwest Seattle is currently $2,605 per month. Only one city nearby has an average rent lower than that. Our records show that Seattle, WA, with an average rent of $2,039, is the most affordable city nearby. In contrast, the most expensive city near Northwest Seattle, Seattle, WA is Bellevue, WA. Monthly rents here are on average $3,234 per month.

Let's compare Northwest Seattle, Seattle, WA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Northwest Seattle, Seattle, WA is 49.47% more affordable than other cities nearby. One bedrooms are about 42.42% more affordable. Two bedrooms in Northwest Seattle, Seattle, WA are about 32.36% more affordable. Finally, rent for three bedrooms are about 14.38% more affordable. Want more information? Check out the top 3 cities near Northwest Seattle, Seattle, WA in the following chart.
City Studio 1 Bed 2 Bed All
Seattle, WA $1,495 $1,970 $2,716 $2,039
Redmond, WA $2,041 $2,414 $3,041 $2,605
Bellevue, WA $2,205 $2,965 $3,700 $3,234

Top Neighborhoods Near Northwest Seattle

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

The average rent for these 4 neighborhoods in or near Northwest Seattle, Seattle, WA is currently around $2,247 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $2,247. Interestingly, the neighborhoods' average rent is higher than Northwest Seattle's average rent, which is only $2,245. Out of all the neighborhoods in or near Northwest Seattle, Broadway has the most affordable average rent at $1,700 per month. Whereas, at $3,192 average rent per month, Downtown Bellevue is the most expensive neighborhood in or near Northwest Seattle. 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 $1,490 $2,361 $3,218 $2,000
Downtown Redmond, Redmond, WA $2,041 $2,435 $3,041 $2,494
Downtown Bellevue, Bellevue, WA $2,205 $2,965 $4,175 $3,192

Top Counties Near Northwest Seattle

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

We've listed the top 0 counties in the chart below.
County Studio 1 Bed 2 Bed All

Top Zipcodes Near Northwest Seattle

There are a total of 6 zipcodes in or near Northwest Seattle, Seattle, WA. The average rent for all of these zipcodes is $2,322. 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 $1,782 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 $1,890. 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 Northwest Seattle, Seattle, WA is $2,393 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,130 per month. Which comes out to $3 per sqft. The following chart includes the top 6 zipcodes in Northwest Seattle, 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 $1,835 $2,039 $3,035 $2,039
98121, Seattle, WA $1,490 $2,372 $3,218 $1,968
98101, Seattle, WA $1,945 $2,535 $3,726 $3,212
98122, Seattle, WA $1,525 $1,738 $2,548 $1,782
98004, Bellevue, WA $2,205 $2,965 $4,174 $3,456
98052, Redmond, WA $2,041 $2,414 $3,041 $2,606

Frequently Asked Questions - Northwest Seattle Average Rents

What is the average rent price in Northwest Seattle, Seattle, WA?
The average monthly rental price for Northwest Seattle, 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 Northwest Seattle, 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 Northwest Seattle, Seattle, WA.
How much is a studio apartment in Northwest Seattle, Seattle, WA?
The average monthly rental price for studio apartments is $1,366 and an average price per square feet of $4.77. There are a total of 4 studio apartment listings currently available for rent in Northwest Seattle.
How much is a one bedroom apartment in Northwest Seattle, Seattle, WA?
The average monthly rental price for one bedroom apartments is $1,695 and an average price per square feet of $2.49. There are a total of 7 one bedroom apartment listings currently available for rent in Northwest Seattle.
How much is a two bedroom apartment in Northwest Seattle, Seattle, WA?
The average monthly rental price for two bedroom apartments is $2,298 and an average price per square feet of $2.35. There are a total of 10 two bedroom apartment listings currently available for rent in Northwest Seattle.
How have rent prices in Northwest Seattle, Seattle, WA changed this year?
Rent prices for rentals in Northwest Seattle, Seattle, WA can fluctuate yearly. Specifically, studio rental prices have changed by -0.13%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by 0.26%, and three bedroom rental prices have changed by 0.00% year-over-year.
What is a reasonable rent price in Northwest Seattle, Seattle, WA?
A reasonable rent price in Northwest Seattle, Seattle, WA is around $1,796/month. You can search for these reasonably priced rental listings on RentHop.
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