Downtown Seattle, Seattle, WA Rental Market Trends
Last updated: May 22, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Downtown Seattle is $2,596, a 0.19% increase compared to the previous year, when the average rent was $2,591.
Studio Apartments at $1,614 offer the most budget-friendly option with 449 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 684 square feet for $2,518, balancing privacy and affordability.
Two-beedroom units at $3,784 offer 1,075 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,579 sq ft) for $6,084, suitable for larger households.
Average rent in Downtown Seattle, Seattle, WA
Last updated: May 22, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,596 | 715 sq. ft. |
| Studio | $1,614 | 449 sq. ft. |
| 1 Bed | $2,518 | 684 sq. ft. |
| 2 Beds | $3,784 | 1,075 sq. ft. |
| 3 Beds | $6,084 | 1,579 sq. ft. |
Downtown Seattle, Seattle, WA rent trends
Rental prices in Downtown Seattle, Seattle, WA have increased by 0.19% over the past year. The average rent moved from $2,591 to $2,596.
What's the typical rent budget in Downtown Seattle, Seattle, WA?
The largest share of rentals in Downtown Seattle, Seattle, WA (29%) 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 Downtown Seattle, Seattle, WA?
23,390 or 84% of the households in Downtown Seattle, Seattle, WA are renter-occupied while 4,293 or 16% are owner-occupied.
Most affordable neighborhoods in Downtown Seattle?
Mount Baker $1,328/month
Loyal Heights $1,606/month
Wedgwood $1,617/month
All of these neighborhoods fall below the city wide average of $2,237/month.Most expensive neighborhoods in Downtown Seattle?
Ravenna $2,771/month
Belltown $2,840/month
Seattle Central Business District $3,085/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 | $3,085 |
| Belltown | $2,840 |
| Ravenna | $2,771 |
| Pike Market | $2,758 |
| South Lake Union | $2,723 |
| Central Waterfront | $2,661 |
| Westlake | $2,564 |
| Pioneer Square | $2,557 |
| Green Lake | $2,503 |
| East Queen Anne | $2,446 |
| Crown Hill | $2,432 |
| Wallingford | $2,362 |
| Fremont | $2,347 |
| First Hill | $2,283 |
| South Delridge | $2,268 |
| North Admiral | $2,268 |
| Lower Queen Anne | $2,244 |
| Columbia City | $2,240 |
| West Queen Anne | $2,219 |
| North City | $2,189 |
| Ballard | $2,186 |
| Atlantic | $2,183 |
| West Woodland | $2,181 |
| Genesee | $2,178 |
| Hillwood | $2,163 |
| North Queen Anne | $2,161 |
| Madison Park | $2,156 |
| North Delridge | $2,148 |
| Meridian Park | $2,130 |
| Maple Leaf | $2,117 |
| Minor | $2,117 |
| Parkwood | $2,106 |
| Fairmount Park | $2,099 |
| University District | $2,098 |
| Stevens | $2,090 |
| Broadway | $2,090 |
| Roxhill | $2,072 |
| Echo Lake | $2,068 |
| Yesler Terrace | $2,064 |
| Greenwood | $2,058 |
| Haller Lake | $2,041 |
| Eastlake | $2,036 |
| Roosevelt | $2,034 |
| Junction | $2,014 |
| Interbay | $1,963 |
| Portage Bay | $1,947 |
| Whittier Heights | $1,927 |
| North College Park | $1,925 |
| High Point | $1,923 |
| Pinehurst | $1,893 |
| North Beacon Hill | $1,887 |
| Mann | $1,838 |
| Central Des Moines | $1,797 |
| Brighton | $1,786 |
| Richmond Highlands | $1,779 |
| Broadview | $1,775 |
| International District | $1,773 |
| Cedar Park | $1,767 |
| Olympic Hills | $1,748 |
| Bitter Lake | $1,719 |
| Ballinger | $1,693 |
| Victory Heights | $1,681 |
| South Des Moines | $1,647 |
| Wedgwood | $1,617 |
| Loyal Heights | $1,606 |
| Mount Baker | $1,328 |
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Seattle | Rent Comparison by Neighborhood
Rent in Atlantic is 1% lower than in Ballard
$2,183
Atlantic rent is 16% lower than Seattle average
Average Rent
$2,183
$2,186
Ballard rent is 16% lower than Seattle average
Average Rent
$2,186
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 Downtown Seattle 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.