Renton, WA Rental Market Trends
The average rent for an apartment in Renton is $1,792, a 7% increase compared to the previous year, when the average rent was $1,680.
Average Rent in Renton, WA
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,792||7%||882 sq. ft.|
The average size for a Renton, WA apartment is 882 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.
Renton, WA Apartment Rent Ranges
- > $2,00027%
Renton, WA Occupied Housing Units
- Renter-occupied Households37%
- Owner-occupied Households62%
14,585 or 37% of the households in Renton, WA are renter-occupied while 24,445 or 62% are owner-occupied.
Renton, WA Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Feb / 2020|
Average Rent in Renton, WA By Neighborhood
|Cougar Mountain Regional Wildland Park||$1,892|
The most affordable neighborhoods in Renton are Talbot, where the average rent goes for $1,674/month, Benson, where renters pay $1,719/mo on average, and Kennydale, where the average rent goes for $1,811/mo. If you’re looking for other great deals, check out the listings from Highlands ($1,844), Newcastle ($1,844), and Downtown Renton ($1,856), where the asking prices are below the average Renton rent of $1,792/mo.
The most expensive neighborhoods in Renton are Cougar Mountain Regional Wildland Park ($1,892), East Plateau ($1,892) and Valley ($1,934).
The most popular neighborhood in Renton is Benson, where there are 12 verified RENTCafé listings with an average rent of $1,719. Next up is Downtown Renton, where apartments go for $1,856/month, followed by Talbot with $1,674 If you’re looking to rent in Renton’s most popular neighborhoods, make sure to also check out Valley, where renters pay $1,934 on average, and Cedar River, where the average monthly rent is $1,866.
Renton | Rent Comparison by Neighborhood
Rent in Benson is 8% lower than in Cedar River
Benson rent is 4% lower than Renton average
Cedar River rent is 4% higher than Renton average
How Renton Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Renton rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!