Eastlake, 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 Eastlake is $2,034, a 10.63% decrease compared to the previous year, when the average rent was $2,276.
Studio Apartments at $1,611 offer the most budget-friendly option with 373 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 608 square feet for $2,114, balancing privacy and affordability.
Average rent in Eastlake, Seattle, WA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,034 | 537 sq. ft. |
| Studio | $1,611 | 373 sq. ft. |
| 1 Bed | $2,114 | 608 sq. ft. |
| 2 Beds | n/a | n/a |
| 3 Beds | n/a | n/a |
Eastlake, Seattle, WA rent trends
Rental prices in Eastlake, Seattle, WA have decreased by 10.63% over the past year. The average rent moved from $2,276 to $2,034.
What's the typical rent budget in Eastlake, Seattle, WA?
The largest share of rentals in Eastlake, Seattle, WA (40%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Eastlake, Seattle, WA?
4,321 or 75% of the households in Eastlake, Seattle, WA are renter-occupied while 1,423 or 25% are owner-occupied.
Most affordable neighborhoods in Eastlake?
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 Eastlake?
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 Eastlake is 7% lower than in Atlantic
Eastlake rent is the same as Seattle average
Atlantic rent is 7% higher 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 Eastlake 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.