Ballard, Seattle, WA Rental Market Trends
Last updated: July 02, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Ballard is $2,191, a 0.78% decrease compared to the previous year, when the average rent was $2,208.
Studio Apartments at $1,570 offer the most budget-friendly option with 437 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 662 square feet for $2,243, balancing privacy and affordability.
Two-beedroom units at $3,258 offer 989 square feet, perfect for roommates or small families.
Average rent in Ballard, Seattle, WA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,191 | 640 sq. ft. |
| Studio | $1,570 | 437 sq. ft. |
| 1 Bed | $2,243 | 662 sq. ft. |
| 2 Beds | $3,258 | 989 sq. ft. |
| 3 Beds | n/a | n/a |
Ballard, Seattle, WA rent trends
Rental prices in Ballard, Seattle, WA have decreased by 0.78% over the past year. The average rent moved from $2,208 to $2,191.
What's the typical rent budget in Ballard, Seattle, WA?
The largest share of rentals in Ballard, Seattle, WA (30%) 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 $1,341/month
Loyal Heights $1,607/month
Victory Heights $1,610/month
All of these neighborhoods fall below the city wide average of $2,241/month.Most expensive neighborhoods in Ballard?
Ravenna $2,779/month
Belltown $2,847/month
Seattle Central Business District $3,089/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 | $3,089 |
| Belltown | $2,847 |
| Ravenna | $2,779 |
| Central Waterfront | $2,728 |
| South Lake Union | $2,724 |
| Pike Market | $2,711 |
| Westlake | $2,596 |
| Pioneer Square | $2,559 |
| Green Lake | $2,499 |
| East Queen Anne | $2,448 |
| Crown Hill | $2,439 |
| Wallingford | $2,370 |
| Fremont | $2,368 |
| South Delridge | $2,275 |
| North Admiral | $2,266 |
| First Hill | $2,266 |
| North City | $2,246 |
| Lower Queen Anne | $2,246 |
| Columbia City | $2,245 |
| Hillwood | $2,199 |
| Genesee | $2,194 |
| Ballard | $2,191 |
| Atlantic | $2,186 |
| West Queen Anne | $2,186 |
| West Woodland | $2,178 |
| North Queen Anne | $2,163 |
| North Delridge | $2,139 |
| Madison Park | $2,139 |
| Parkwood | $2,129 |
| Meridian Park | $2,115 |
| Roxhill | $2,108 |
| Minor | $2,107 |
| Fairmount Park | $2,104 |
| Stevens | $2,101 |
| University District | $2,095 |
| Broadway | $2,090 |
| Yesler Terrace | $2,074 |
| Echo Lake | $2,068 |
| Greenwood | $2,063 |
| Eastlake | $2,051 |
| Maple Leaf | $2,049 |
| Roosevelt | $2,041 |
| Junction | $2,021 |
| Interbay | $1,972 |
| Portage Bay | $1,947 |
| Whittier Heights | $1,943 |
| Haller Lake | $1,940 |
| High Point | $1,904 |
| Pinehurst | $1,900 |
| North Beacon Hill | $1,886 |
| North College Park | $1,879 |
| Mann | $1,842 |
| Brighton | $1,805 |
| Central Des Moines | $1,796 |
| Richmond Highlands | $1,781 |
| Broadview | $1,777 |
| Cedar Park | $1,776 |
| Olympic Hills | $1,765 |
| International District | $1,745 |
| Bitter Lake | $1,710 |
| Ballinger | $1,696 |
| South Des Moines | $1,672 |
| Wedgwood | $1,614 |
| Victory Heights | $1,610 |
| Loyal Heights | $1,607 |
| Mount Baker | $1,341 |
Seattle | Rent Comparison by Neighborhood
Rent in Ballard is 1% higher than in Atlantic
Ballard rent is the same as Seattle average
Atlantic rent is 1% lower 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.