Seattle, WA Rental Market Trends
What is the average rent in Seattle?
The average rent for an apartment in Seattle is $1,895, a 11% decrease compared to the previous year.
Average Rent in Seattle, WA
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,895 | -11% | 692 sq. ft. |
What is the average apartment size in Seattle?
The average size for a Seattle, WA apartment is 692 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.
Seattle, WA Apartment Rent Ranges
- $501-$7001%
- $701-$1,0003%
- $1,001-$1,50027%
- $1,501-$2,00037%
- > $2,00032%
Seattle, WA Occupied Housing Units
- Renter-occupied Households54%
- Owner-occupied Households45%
181,854 or 54% of the households in Seattle, WA are renter-occupied while 149,982 or 45% are owner-occupied.
Seattle, 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Seattle, WA | $1,996 | $2,073 | $2,056 | $2,056 | $2,141 | $2,123 | $2,202 | $2,133 | $1,966 | $1,866 | $1,895 |
| 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 Seattle, WA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Belltown | $2,294 |
| Pike Market | $2,294 |
| Central Waterfront | $2,177 |
| Seattle Central Business District | $2,155 |
| East Queen Anne | $2,064 |
| South Lake Union | $2,064 |
| Westlake | $2,064 |
| Eastlake | $2,007 |
| Lower Queen Anne | $2,003 |
| North Queen Anne | $2,003 |
| First Hill | $1,999 |
| Laurelhurst | $1,811 |
| University District | $1,811 |
| Atlantic | $1,804 |
| Wallingford | $1,801 |
| Briarcliff | $1,795 |
| Lawton Park | $1,795 |
| Southeast Magnolia | $1,795 |
| Portage Bay | $1,791 |
| Ballard | $1,787 |
| West Woodland | $1,787 |
| Leschi | $1,786 |
| Fremont | $1,785 |
| Montlake | $1,783 |
| Broadway | $1,782 |
| Madrona | $1,781 |
| Minor | $1,781 |
| Mann | $1,778 |
| Phinney Ridge | $1,774 |
| Sunset Hill | $1,770 |
| Yesler Terrace | $1,768 |
| North Beacon Hill | $1,766 |
| International District | $1,763 |
| Harrison - Denny Blaine | $1,750 |
| Madison Park | $1,750 |
| Stevens | $1,750 |
| Interbay | $1,744 |
| Pioneer Square | $1,743 |
| Bryant | $1,738 |
| Ravenna | $1,738 |
| Windermere | $1,738 |
| West Queen Anne | $1,734 |
| Mount Baker | $1,729 |
| Harbor Island-Industrial District | $1,711 |
| Highland Park | $1,711 |
| Riverview | $1,711 |
| South Delridge | $1,711 |
| Green Lake | $1,697 |
| Alki | $1,691 |
| Junction | $1,691 |
| Seaview | $1,687 |
| Genesee | $1,662 |
| North Admiral | $1,662 |
| North College Park | $1,662 |
| Greenwood | $1,660 |
| High Point | $1,657 |
| North Delridge | $1,657 |
| Roxhill | $1,657 |
| Brighton | $1,638 |
| Dunlap | $1,638 |
| Seward Park | $1,638 |
| Roosevelt | $1,635 |
| Sand Point | $1,635 |
| View Ridge | $1,635 |
| Wedgwood | $1,635 |
| Loyal Heights | $1,632 |
| Whittier Heights | $1,632 |
| Ballinger | $1,619 |
| Briarcrest | $1,619 |
| North City | $1,619 |
| Ridgecrest | $1,619 |
| Columbia City | $1,616 |
| Holly Park | $1,616 |
| Mid-Beacon Hill | $1,616 |
| South Beacon Hill | $1,616 |
| Fairmount Park | $1,604 |
| Gatewood | $1,604 |
| Echo Lake | $1,597 |
| Bitter Lake | $1,590 |
| Meridian Park | $1,590 |
| Parkwood | $1,590 |
| Westminster Triangle | $1,590 |
| Arbor Heights | $1,585 |
| Fauntleroy | $1,585 |
| Maple Leaf | $1,571 |
| Matthews Beach | $1,571 |
| Meadowbrook | $1,571 |
| Broadview | $1,570 |
| Highland Terrace | $1,570 |
| Hillwood | $1,570 |
| Richmond Highlands | $1,570 |
| Rainier Beach | $1,566 |
| Haller Lake | $1,556 |
| Cedar Park | $1,528 |
| Olympic Hills | $1,528 |
| Pinehurst | $1,528 |
| Victory Heights | $1,528 |
| North Hill | $1,515 |
| Crown Hill | $1,505 |
| North Beach - Blue Ridge | $1,505 |
| Central Des Moines | $1,503 |
| Marina District | $1,503 |
| North Central Des Moines | $1,503 |
| Pacific Ridge | $1,503 |
| Redondo | $1,503 |
| South Des Moines | $1,503 |
| Woodmont | $1,503 |
| Zenith | $1,503 |
| Georgetown | $1,482 |
| South Park | $1,482 |
| Rainier View | $1,372 |
| Innis Arden | $1,333 |
| Richmond Beach | $1,333 |
| The Highlands | $1,333 |
What are the most affordable neighborhoods in Seattle?
The most affordable neighborhoods in Seattle are Innis Arden, where the average rent goes for $1,333/month, Richmond Beach, where renters pay $1,333/mo on average, and The Highlands, where the average rent goes for $1,333/mo. If you’re looking for other great deals, check out the listings from Rainier View ($1,372), Georgetown ($1,482), and South Park ($1,482), where the asking prices are below the average Seattle rent of $1,895/mo.
What are the most expensive neighborhoods in Seattle?
The most expensive neighborhoods in Seattle are Central Waterfront ($2,177), Belltown ($2,294) and Pike Market ($2,294).
What are the most popular neighborhoods in Seattle?
The most popular neighborhood in Seattle is Belltown, where there are 20 verified RENTCafé listings with an average rent of $2,294. Next up is Broadway, where apartments go for $1,782/month, followed by South Lake Union with $2,064 If you’re looking to rent in Seattle’s most popular neighborhoods, make sure to also check out First Hill, where renters pay $1,999 on average, and Lower Queen Anne, where the average monthly rent is $2,003.
Seattle | Rent Comparison by Neighborhood
Rent in Alki is 7% higher than in Arbor Heights
Alki rent is 11% lower than Seattle average
| Average Rent | $1,691 |
|---|
Arbor Heights rent is 16% lower than Seattle average
| Average Rent | $1,585 |
|---|
How Seattle 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% |
| Bellevue | $2,151 | -6% |
| Renton | $1,768 | -1% |
| Lynnwood | $1,594 | -2% |
| Kirkland | $1,949 | -6% |
| Bothell | $1,845 | n/a |
| Federal Way | $1,532 | 4% |
| Redmond | $2,006 | -8% |