Bellevue, WA Rental Market Trends
Highlights
The average rent for an apartment in Bellevue is $2,130, a 8% decrease compared to the previous year.
Average Rent in Bellevue, WA
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $2,130 | -8% | 850 sq. ft. |
The average size for a Bellevue, WA apartment is 850 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Bellevue, WA Apartment Rent Ranges
- $1,001-$1,50014%
- $1,501-$2,00046%
- > $2,00040%
Bellevue, WA Occupied Housing Units
- Renter-occupied Households33%
- Owner-occupied Households66%
19,713 or 33% of the households in Bellevue, WA are renter-occupied while 38,394 or 66% are owner-occupied.
Bellevue, WA Rent Trends
| Average Rent | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Jan / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Bellevue, WA | $2,093 | $2,099 | $2,223 | $2,180 | $2,204 | $2,327 | $2,225 | $2,374 | $2,281 | $2,167 | $2,130 |
| National | $1,309 | $1,311 | $1,342 | $1,351 | $1,356 | $1,388 | $1,395 | $1,397 | $1,389 | $1,392 | $1,392 |
Average Rent in Bellevue, WA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Clyde Hill | $2,509 |
| Downtown Bellevue | $2,509 |
| Northwest Bellevue | $2,509 |
| West Bellevue | $2,349 |
| Wilburton | $2,349 |
| Cougar Mountain/Lakemont | $2,128 |
| Factoria | $2,128 |
| Newport | $2,128 |
| Somerset | $2,128 |
| Eastgate | $1,896 |
| Woodridge | $1,891 |
| Bridle Trails - Bellevue | $1,871 |
| Lake Hills | $1,871 |
| Crossroads | $1,867 |
| Northeast Bellevue | $1,806 |
| West Lake Sammamish | $1,806 |
The most affordable neighborhoods in Bellevue are Northeast Bellevue, where the average rent goes for $1,806/month, West Lake Sammamish, where renters pay $1,806/mo on average, and Crossroads, where the average rent goes for $1,867/mo. If you’re looking for other great deals, check out the listings from Bridle Trails - Bellevue ($1,871), Lake Hills ($1,871), and Woodridge ($1,891), where the asking prices are below the average Bellevue rent of $2,130/mo.
The most expensive neighborhoods in Bellevue are Clyde Hill ($2,509), Downtown Bellevue ($2,509) and Northwest Bellevue ($2,509).
The most popular neighborhood in Bellevue is Downtown Bellevue, where there are 9 verified RENTCafé listings with an average rent of $2,509. Next up is Crossroads, where apartments go for $1,867/month, followed by Northwest Bellevue with $2,509 If you’re looking to rent in Bellevue’s most popular neighborhoods, make sure to also check out Factoria, where renters pay $2,128 on average, and Lake Hills, where the average monthly rent is $1,871.
Bellevue | Rent Comparison by Neighborhood
Rent in Bridle Trails - Bellevue is 25% lower than in Clyde Hill
Bridle Trails - Bellevue rent is 12% lower than Bellevue average
| Average Rent | $1,871 |
|---|
Clyde Hill rent is 18% higher than Bellevue average
| Average Rent | $2,509 |
|---|
How Bellevue Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Seattle | $1,928 | -11% |
| Everett | $1,454 | -1% |
| Kent | $1,529 | -1% |
| Tacoma | $1,419 | 5% |
| Vancouver | $1,385 | 4% |
| Renton | $1,753 | 1% |
| Bellevue | $2,130 | -8% |
| Kirkland | $2,023 | 1% |
| Bothell | $1,838 | 1% |
| Redmond | $2,052 | -2% |
| Issaquah | $2,216 | -1% |
For more information about the Bellevue rental trends, check out our monthly rent report
Check out Washington Cities, Washington Neighborhoods and Washington Zip Codes for more details on verified listings, including the Washington Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!