Ballard, Seattle, WA Rental Market Trends
Last updated: August 01, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Ballard is $2,172, a 2.05% decrease compared to the previous year, when the average rent was $2,218.
Studio Apartments at $1,577 offer the most budget-friendly option with 439 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 662 square feet for $2,208, balancing privacy and affordability.
Two-bedroom units at $3,293 offer 991 square feet, perfect for roommates or small families.
Average rent in Ballard, Seattle, WA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,172 | 640 sq. ft. |
| Studio | $1,577 | 439 sq. ft. |
| 1 Bed | $2,208 | 662 sq. ft. |
| 2 Beds | $3,293 | 991 sq. ft. |
| 3 Beds | n/a | n/a |
Ballard, Seattle, WA rent trends
Rental prices in Ballard, Seattle, WA have decreased by 2.05% over the past year. The average rent moved from $2,218 to $2,172.
What's the typical rent budget in Ballard, Seattle, WA?
The largest share of rentals in Ballard, Seattle, WA (32%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Ballard, Seattle, WA?
3,678 or 62% of the households in Ballard, Seattle, WA are renter-occupied while 2,283 or 38% are owner-occupied.
Most affordable neighborhoods in Ballard?
Mount Baker $1,330/month
Loyal Heights $1,510/month
Victory Heights $1,548/month
All of these neighborhoods fall below the city wide average of $2,238/month.Most expensive neighborhoods in Ballard?
Ravenna $2,755/month
Belltown $2,823/month
Seattle Central Business District $3,114/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Seattle, WA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Seattle Central Business District | $3,114 |
| Belltown | $2,823 |
| Ravenna | $2,755 |
| South Lake Union | $2,717 |
| Central Waterfront | $2,692 |
| Pike Market | $2,681 |
| Westlake | $2,618 |
| Pioneer Square | $2,528 |
| Green Lake | $2,508 |
| Crown Hill | $2,464 |
| East Queen Anne | $2,463 |
| Wallingford | $2,418 |
| Genesee | $2,362 |
| Columbia City | $2,293 |
| First Hill | $2,283 |
| Hillwood | $2,263 |
| South Delridge | $2,258 |
| Madison Park | $2,251 |
| Lower Queen Anne | $2,250 |
| North Admiral | $2,245 |
| Fremont | $2,245 |
| Atlantic | $2,185 |
| West Queen Anne | $2,182 |
| North City | $2,175 |
| Ballard | $2,172 |
| North Queen Anne | $2,159 |
| North Delridge | $2,148 |
| Parkwood | $2,148 |
| West Woodland | $2,148 |
| Yesler Terrace | $2,126 |
| Fairmount Park | $2,115 |
| Meridian Park | $2,111 |
| Minor | $2,099 |
| Broadway | $2,079 |
| Stevens | $2,075 |
| Eastlake | $2,071 |
| University District | $2,067 |
| Roxhill | $2,051 |
| Greenwood | $2,047 |
| Junction | $2,045 |
| Roosevelt | $2,044 |
| Maple Leaf | $2,044 |
| Echo Lake | $2,043 |
| Haller Lake | $2,033 |
| High Point | $1,951 |
| Interbay | $1,949 |
| Portage Bay | $1,947 |
| Richmond Highlands | $1,917 |
| Whittier Heights | $1,894 |
| Pinehurst | $1,889 |
| North Beacon Hill | $1,869 |
| North College Park | $1,859 |
| Mann | $1,845 |
| Brighton | $1,814 |
| Central Des Moines | $1,801 |
| International District | $1,776 |
| Broadview | $1,754 |
| Olympic Hills | $1,751 |
| Cedar Park | $1,721 |
| Bitter Lake | $1,683 |
| South Des Moines | $1,666 |
| Ballinger | $1,641 |
| Wedgwood | $1,569 |
| Victory Heights | $1,548 |
| Loyal Heights | $1,510 |
| Mount Baker | $1,330 |
Seattle | Rent Comparison by Neighborhood
Rent in Ballard is 1% lower than in Atlantic
Ballard rent is the same as Seattle average
Atlantic rent is 1% higher than Seattle average
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Ballard apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.