Renton, WA Rental Market Trends
What is the average rent in Renton?
The average rent for an apartment in Renton is $1,768, a 1% decrease compared to the previous year, when the average rent was $1,792.
Average Rent in Renton, WA
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,768||-1%||880 sq. ft.|
What is the average apartment size in Renton?
The average size for a Renton, WA apartment is 880 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
Renton, WA Occupied Housing Units
14,876 or 37% of the households in Renton, WA are renter-occupied while 24,370 or 62% are owner-occupied.
Renton, WA Rent Trends
|Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Sep / 2021|
Average Rent in Renton, WA By Neighborhood
|Cougar Mountain Regional Wildland Park||$1,847|
What are the most affordable neighborhoods in Renton?
The most affordable neighborhoods in Renton are Talbot, where the average rent goes for $1,682/month, Benson, where renters pay $1,714/mo on average, and Cedar River, where the average rent goes for $1,788/mo. If you’re looking for other great deals, check out the listings from Valley ($1,796), Downtown Renton ($1,809), and Kennydale ($1,817), where the asking prices are below the average Renton rent of $1,768/mo.
What are the most expensive neighborhoods in Renton?
The most expensive neighborhoods in Renton are Coalfield ($1,847), Cougar Mountain Regional Wildland Park ($1,847) and East Plateau ($1,847).
What are the most popular neighborhoods in Renton?
The most popular neighborhood in Renton is Benson, where there are 13 verified RENTCafé listings with an average rent of $1,714. Next up is Downtown Renton, where apartments go for $1,809/month, followed by Highlands with $1,830 If you’re looking to rent in Renton’s most popular neighborhoods, make sure to also check out Talbot, where renters pay $1,682 on average, and Valley, where the average monthly rent is $1,796.
Renton | Rent Comparison by Neighborhood
Rent in Benson is 4% lower than in Cedar River
Benson rent is 3% lower than Renton average
Cedar River rent is 1% higher than Renton average
How Renton Compares to Other Cities
|Average Rent||Y-o-Y Change|