Belltown, Seattle, WA Rental Market Trends
Last updated: October 31, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Belltown is $2,850, a 0.88% decrease compared to the previous year, when the average rent was $2,876.
Studio Apartments at $1,677 offer the most budget-friendly option with 456 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 705 square feet for $2,763, balancing privacy and affordability.
Two-bedroom units at $4,131 offer 1,079 square feet, perfect for roommates or small families.
Average rent in Belltown, Seattle, WA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,850 | 737 sq. ft. |
| Studio | $1,677 | 456 sq. ft. |
| 1 Bed | $2,763 | 705 sq. ft. |
| 2 Beds | $4,131 | 1,079 sq. ft. |
| 3 Beds | n/a | n/a |
Belltown, Seattle, WA rent trends
Rental prices in Belltown, Seattle, WA have decreased by 0.88% over the past year. The average rent moved from $2,876 to $2,850.
What's the typical rent budget in Belltown, Seattle, WA?
The largest share of rentals in Belltown, Seattle, WA (41%) 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?
6,874 or 80% of the households in Belltown, Seattle, WA are renter-occupied while 1,766 or 20% are owner-occupied.
Most affordable neighborhoods in Belltown?
Mount Baker $1,311/month
Victory Heights $1,527/month
Loyal Heights $1,545/month
All of these neighborhoods fall below the city wide average of $2,251/month.Most expensive neighborhoods in Belltown?
Ravenna $2,762/month
Belltown $2,850/month
Seattle Central Business District $3,111/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 | $3,111 |
| Belltown | $2,850 |
| Ravenna | $2,762 |
| South Lake Union | $2,751 |
| Pike Market | $2,706 |
| Central Waterfront | $2,678 |
| Westlake | $2,606 |
| Pioneer Square | $2,554 |
| Green Lake | $2,532 |
| Crown Hill | $2,493 |
| East Queen Anne | $2,466 |
| Wallingford | $2,419 |
| Genesee | $2,362 |
| Hillwood | $2,332 |
| Columbia City | $2,309 |
| Fremont | $2,303 |
| Maple Leaf | $2,275 |
| North Admiral | $2,270 |
| South Delridge | $2,263 |
| North City | $2,261 |
| First Hill | $2,248 |
| West Queen Anne | $2,245 |
| West Woodland | $2,240 |
| Lower Queen Anne | $2,240 |
| Eastlake | $2,210 |
| North Delridge | $2,194 |
| Haller Lake | $2,180 |
| University District | $2,179 |
| Ballard | $2,177 |
| Minor | $2,169 |
| Atlantic | $2,153 |
| North Queen Anne | $2,141 |
| Parkwood | $2,137 |
| Meridian Park | $2,135 |
| Fairmount Park | $2,109 |
| Broadway | $2,083 |
| Yesler Terrace | $2,071 |
| Stevens | $2,071 |
| Roosevelt | $2,061 |
| Junction | $2,058 |
| Greenwood | $2,045 |
| Echo Lake | $2,029 |
| Roxhill | $1,974 |
| Portage Bay | $1,947 |
| High Point | $1,932 |
| Interbay | $1,926 |
| Richmond Highlands | $1,921 |
| Pinehurst | $1,894 |
| Whittier Heights | $1,891 |
| North College Park | $1,890 |
| North Beacon Hill | $1,853 |
| Mann | $1,789 |
| International District | $1,780 |
| Central Des Moines | $1,776 |
| Bitter Lake | $1,773 |
| Cedar Park | $1,769 |
| Brighton | $1,765 |
| Olympic Hills | $1,746 |
| Broadview | $1,736 |
| South Des Moines | $1,659 |
| Ballinger | $1,638 |
| Wedgwood | $1,550 |
| Loyal Heights | $1,545 |
| Victory Heights | $1,527 |
| Mount Baker | $1,311 |
Seattle | Rent Comparison by Neighborhood
Rent in Belltown is 32% higher than in Atlantic
Belltown rent is the same as Seattle average
Atlantic rent is 24% 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.