Bellevue, WA Rental Market Trends
What is the average rent in Bellevue?
The average rent for an apartment in Bellevue is $2,151, a 6% decrease compared to the previous year.
Average Rent in Bellevue, WA
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $2,151 | -6% | 850 sq. ft. |
What is the average apartment size in Bellevue?
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-$1,50013%
- $1,501-$2,00042%
- > $2,00045%
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 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | May / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Bellevue, WA | $2,099 | $2,223 | $2,180 | $2,204 | $2,327 | $2,225 | $2,374 | $2,281 | $2,167 | $2,116 | $2,151 |
| National | $1,314 | $1,345 | $1,354 | $1,358 | $1,390 | $1,397 | $1,400 | $1,392 | $1,396 | $1,407 | $1,428 |
Average Rent in Bellevue, WA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Clyde Hill | $2,422 |
| Downtown Bellevue | $2,422 |
| Northwest Bellevue | $2,422 |
| West Bellevue | $2,274 |
| Wilburton | $2,274 |
| Cougar Mountain/Lakemont | $2,059 |
| Factoria | $2,059 |
| Newport | $2,059 |
| Somerset | $2,059 |
| Woodridge | $1,848 |
| Eastgate | $1,838 |
| Bridle Trails - Bellevue | $1,814 |
| Lake Hills | $1,814 |
| Crossroads | $1,812 |
| Northeast Bellevue | $1,786 |
| West Lake Sammamish | $1,786 |
What are the most affordable neighborhoods in Bellevue?
The most affordable neighborhoods in Bellevue are Northeast Bellevue, where the average rent goes for $1,786/month, West Lake Sammamish, where renters pay $1,786/mo on average, and Crossroads, where the average rent goes for $1,812/mo. If you’re looking for other great deals, check out the listings from Bridle Trails - Bellevue ($1,814), Lake Hills ($1,814), and Eastgate ($1,838), where the asking prices are below the average Bellevue rent of $2,151/mo.
What are the most expensive neighborhoods in Bellevue?
The most expensive neighborhoods in Bellevue are Clyde Hill ($2,422), Downtown Bellevue ($2,422) and Northwest Bellevue ($2,422).
What are the most popular neighborhoods in Bellevue?
The most popular neighborhood in Bellevue is Downtown Bellevue, where there are 9 verified RENTCafé listings with an average rent of $2,422. Next up is Northwest Bellevue, where apartments go for $2,422/month, followed by Crossroads with $1,812 If you’re looking to rent in Bellevue’s most popular neighborhoods, make sure to also check out Lake Hills, where renters pay $1,814 on average, and Factoria, where the average monthly rent is $2,059.
Bellevue | Rent Comparison by Neighborhood
Rent in Bridle Trails - Bellevue is 25% lower than in Clyde Hill
Bridle Trails - Bellevue rent is 16% lower than Bellevue average
| Average Rent | $1,814 |
|---|
Clyde Hill rent is 13% higher than Bellevue average
| Average Rent | $2,422 |
|---|
How Bellevue Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Seattle | $1,895 | -11% |
| Everett | $1,506 | 3% |
| Tacoma | $1,458 | 7% |
| Kent | $1,580 | 3% |
| Renton | $1,768 | -1% |
| Bellevue | $2,151 | -6% |
| Lynnwood | $1,594 | -2% |
| Kirkland | $1,949 | -6% |
| Bothell | $1,845 | n/a |
| Federal Way | $1,532 | 4% |
| Redmond | $2,006 | -8% |