Belltown, Seattle, WA Rental Market Trends
Last updated: April 23, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Belltown is $2,834, a 0.53% increase compared to the previous year, when the average rent was $2,819.
Studio Apartments at $1,718 offer the most budget-friendly option with 457 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 705 square feet for $2,737, balancing privacy and affordability.
Two-beedroom units at $4,105 offer 1,081 square feet, perfect for roommates or small families.
Average rent in Belltown, Seattle, WA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,834 | 736 sq. ft. |
| Studio | $1,718 | 457 sq. ft. |
| 1 Bed | $2,737 | 705 sq. ft. |
| 2 Beds | $4,105 | 1,081 sq. ft. |
| 3 Beds | n/a | n/a |
Belltown, Seattle, WA rent trends
Rental prices in Belltown, Seattle, WA have increased by 0.53% over the past year. The average rent moved from $2,819 to $2,834.
What's the typical rent budget in Belltown, Seattle, WA?
The largest share of rentals in Belltown, Seattle, WA (40%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Belltown, Seattle, WA?
6,429 or 77% of the households in Belltown, Seattle, WA are renter-occupied while 1,916 or 23% are owner-occupied.
Most affordable neighborhoods in Belltown?
Mount Baker $1,325/month
Loyal Heights $1,598/month
Wedgwood $1,608/month
All of these neighborhoods fall below the city wide average of $2,226/month.Most expensive neighborhoods in Belltown?
Ravenna $2,763/month
Belltown $2,834/month
Seattle Central Business District $3,078/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 | $3,078 |
| Belltown | $2,834 |
| Ravenna | $2,763 |
| South Lake Union | $2,718 |
| Pike Market | $2,715 |
| Central Waterfront | $2,641 |
| Pioneer Square | $2,580 |
| Westlake | $2,555 |
| Green Lake | $2,532 |
| East Queen Anne | $2,464 |
| Crown Hill | $2,425 |
| Wallingford | $2,362 |
| Fremont | $2,348 |
| South Delridge | $2,279 |
| Columbia City | $2,235 |
| Lower Queen Anne | $2,228 |
| North Admiral | $2,218 |
| First Hill | $2,188 |
| North City | $2,187 |
| Ballard | $2,183 |
| Atlantic | $2,183 |
| Madison Park | $2,174 |
| Genesee | $2,174 |
| Hillwood | $2,171 |
| North Queen Anne | $2,153 |
| West Woodland | $2,138 |
| Maple Leaf | $2,128 |
| West Queen Anne | $2,116 |
| Parkwood | $2,108 |
| Meridian Park | $2,093 |
| University District | $2,087 |
| Stevens | $2,085 |
| Broadway | $2,082 |
| Minor | $2,082 |
| Fairmount Park | $2,079 |
| Roxhill | $2,077 |
| Yesler Terrace | $2,073 |
| North Delridge | $2,061 |
| Echo Lake | $2,061 |
| Greenwood | $2,046 |
| Roosevelt | $2,037 |
| Eastlake | $2,034 |
| Haller Lake | $2,023 |
| Junction | $2,006 |
| North College Park | $1,966 |
| Interbay | $1,956 |
| Portage Bay | $1,947 |
| High Point | $1,934 |
| Whittier Heights | $1,917 |
| Pinehurst | $1,889 |
| North Beacon Hill | $1,873 |
| Mann | $1,835 |
| Central Des Moines | $1,786 |
| Brighton | $1,771 |
| Richmond Highlands | $1,770 |
| Broadview | $1,766 |
| Cedar Park | $1,753 |
| Olympic Hills | $1,745 |
| International District | $1,738 |
| Bitter Lake | $1,697 |
| Ballinger | $1,686 |
| Victory Heights | $1,665 |
| South Des Moines | $1,641 |
| Wedgwood | $1,608 |
| Loyal Heights | $1,598 |
| Mount Baker | $1,325 |
Seattle | Rent Comparison by Neighborhood
Rent in Belltown is 30% higher than in Atlantic
Belltown rent is the same as Seattle average
Atlantic rent is 23% 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 Belltown 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.