Seattle, WA Rental Market Trends

Highlights

The average rent for an apartment in Seattle is $1,965, a 3% increase compared to the previous year, when the average rent was $1,900.

Average Rent in Seattle, WA

Last updated Feb 2019

Average Rent	Y-o-Y Change	Average Apartment Size
$1,965	3%	731 sq. ft.

The average size for a Seattle, WA apartment is 731 square feet, but this number varies greatly depending on apartment type. 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

$701-$1,0003%
$1,001-$1,50023%
$1,501-$2,00037%
> $2,00036%

Seattle, WA Rent Trends

Average Rent	Jan / 2016	May / 2016	Sept / 2016	Jan / 2017	May / 2017	Sept / 2017	Jan / 2018	May / 2018	Feb / 2019
Seattle, WA	$1,695	$1,758	$1,793	$1,804	$1,906	$1,900	$1,899	$1,906	$1,965
National	$1,290	$1,319	$1,334	$1,329	$1,354	$1,366	$1,366	$1,381	$1,396

Average Rent in Seattle, WA By Neighborhood

Average Rent
Neighborhood	Average Rent
The Highlands	$1,322
Richmond Beach	$1,322
Innis Arden	$1,322
Rainier View	$1,343
South Park	$1,375
Georgetown	$1,375
Zenith	$1,426
Woodmont	$1,426
South Des Moines	$1,426
Redondo	$1,426
Pacific Ridge	$1,426
North Central Des Moines	$1,426
Marina District	$1,426
Central Des Moines	$1,426
North Hill	$1,440
Ridgecrest	$1,481
North City	$1,481
Briarcrest	$1,481
Ballinger	$1,481
Victory Heights	$1,559
Pinehurst	$1,559
Olympic Hills	$1,559
Cedar Park	$1,559
Richmond Highlands	$1,572
Hillwood	$1,572
Highland Terrace	$1,572
Broadview	$1,572
Echo Lake	$1,574
Haller Lake	$1,575
North Beach - Blue Ridge	$1,594
Crown Hill	$1,594
Westminster Triangle	$1,596
Parkwood	$1,596
Meridian Park	$1,596
Bitter Lake	$1,596
Rainier Beach	$1,669
Meadowbrook	$1,678
Matthews Beach	$1,678
Maple Leaf	$1,678
South Delridge	$1,691
Riverview	$1,691
Highland Park	$1,691
Harbor Island-Industrial District	$1,691
Fauntleroy	$1,700
Arbor Heights	$1,700
North Beacon Hill	$1,700
Southeast Magnolia	$1,720
Lawton Park	$1,720
Briarcliff	$1,720
South Beacon Hill	$1,721
Mid-Beacon Hill	$1,721
Holly Park	$1,721
Columbia City	$1,721
Roxhill	$1,736
North Delridge	$1,736
High Point	$1,736
North College Park	$1,767
Greenwood	$1,770
Seward Park	$1,790
Dunlap	$1,790
Brighton	$1,790
Mount Baker	$1,796
Whittier Heights	$1,796
Loyal Heights	$1,796
Gatewood	$1,801
Fairmount Park	$1,801
Atlantic	$1,805
North Admiral	$1,867
Genesee	$1,867
Stevens	$1,871
Madison Park	$1,871
Harrison - Denny Blaine	$1,871
University District	$1,878
Laurelhurst	$1,878
Windermere	$1,884
Ravenna	$1,884
Bryant	$1,884
Wedgwood	$1,895
View Ridge	$1,895
Sand Point	$1,895
Roosevelt	$1,895
Seaview	$1,904
Junction	$1,907
Alki	$1,907
Montlake	$1,915
Portage Bay	$1,925
Interbay	$1,926
Leschi	$1,931
Wallingford	$1,934
Broadway	$1,937
Mann	$1,942
International District	$1,943
Minor	$1,949
Madrona	$1,949
Sunset Hill	$1,955
Yesler Terrace	$1,960
Green Lake	$1,968
West Woodland	$1,977
Ballard	$1,977
West Queen Anne	$1,978
Pioneer Square	$1,983
Phinney Ridge	$1,990
Fremont	$2,006
First Hill	$2,217
Eastlake	$2,227
North Queen Anne	$2,254
Lower Queen Anne	$2,254
Westlake	$2,309
South Lake Union	$2,309
East Queen Anne	$2,309
Seattle Central Business District	$2,403
Central Waterfront	$2,421
Pike Market	$2,528
Belltown	$2,528

The most affordable neighborhoods in Seattle are Innis Arden, where the average rent goes for $1,322/month, Richmond Beach, where renters pay $1,322/mo on average, and The Highlands, where the average rent goes for $1,322/mo. If you’re looking for other great deals, check out the listings from Rainier View ($1,343), Georgetown ($1,375), and South Park ($1,375), where the asking prices are below the average Seattle rent of $1,965/mo.

The most expensive neighborhoods in Seattle are Central Waterfront ($2,421), Belltown ($2,528) and Pike Market ($2,528).

Seattle | Rent Comparison by Neighborhood

Rent in Alki is 12% higher than in Arbor Heights

$1,907

Alki rent is 3% lower than Seattle average

Average Rent	$1,907

$1,700

Arbor Heights rent is 13% lower than Seattle average

Average Rent	$1,700

How Does Seattle Compare to Nearby Cities

	Average Rent	Y-o-Y Change
Seattle	$1,965	3%
Olympia	$1,204	5%
Lacey	$1,217	8%
Tumwater	$1,260	6%

For more information about the Seattle rental trends, check out our monthly rent report

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Seattle apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.