Downtown Seattle, Seattle, WA Rental Market Trends
Last updated: April 22, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Downtown Seattle is $2,574, a 0.38% decrease compared to the previous year, when the average rent was $2,584.
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 $2,513, balancing privacy and affordability.
Two-beedroom units at $3,750 offer 1,078 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,592 sq ft) for $5,913, suitable for larger households.
Average rent in Downtown Seattle, Seattle, WA
Last updated: April 22, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,574 | 713 sq. ft. |
| Studio | $1,614 | 449 sq. ft. |
| 1 Bed | $2,513 | 684 sq. ft. |
| 2 Beds | $3,750 | 1,078 sq. ft. |
| 3 Beds | $5,913 | 1,592 sq. ft. |
Downtown Seattle, Seattle, WA rent trends
Rental prices in Downtown Seattle, Seattle, WA have decreased by 0.38% over the past year. The average rent moved from $2,584 to $2,574.
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?
21,945 or 83% of the households in Downtown Seattle, Seattle, WA are renter-occupied while 4,529 or 17% are owner-occupied.
Most affordable neighborhoods in Downtown Seattle?
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 Downtown Seattle?
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 |
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Seattle | Rent Comparison by Neighborhood
Rent in Atlantic is 1% lower than in Ballard
$2,183
Atlantic rent is 15% lower than Seattle average
Average Rent
$2,183
$2,183
Ballard rent is 15% lower than Seattle average
Average Rent
$2,183
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.