Belltown, Seattle, WA Rental Market Trends
Last updated: August 02, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Belltown is $2,823, a 0.51% decrease compared to the previous year, when the average rent was $2,838.
Studio Apartments at $1,674 offer the most budget-friendly option with 456 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 704 square feet for $2,730, balancing privacy and affordability.
Two-bedroom units at $4,127 offer 1,081 square feet, perfect for roommates or small families.
Average rent in Belltown, Seattle, WA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,823 | 735 sq. ft. |
| Studio | $1,674 | 456 sq. ft. |
| 1 Bed | $2,730 | 704 sq. ft. |
| 2 Beds | $4,127 | 1,081 sq. ft. |
| 3 Beds | n/a | n/a |
Belltown, Seattle, WA rent trends
Rental prices in Belltown, Seattle, WA have decreased by 0.51% over the past year. The average rent moved from $2,838 to $2,823.
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?
6,874 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 $1,330/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 Belltown?
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 Belltown is 29% 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.