Greenwood, Seattle, WA Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Greenwood is $2,151, a 1.22% increase compared to the previous year, when the average rent was $2,125.
Studio Apartments at $1,680 offer the most budget-friendly option with 456 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 636 square feet for $2,113, balancing privacy and affordability.
Two-beedroom units at $2,869 offer 943 square feet, perfect for roommates or small families.
Average rent in Greenwood, Seattle, WA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,151 | 652 sq. ft. |
| Studio | $1,680 | 456 sq. ft. |
| 1 Bed | $2,113 | 636 sq. ft. |
| 2 Beds | $2,869 | 943 sq. ft. |
| 3 Beds | n/a | n/a |
Greenwood, Seattle, WA rent trends
Rental prices in Greenwood, Seattle, WA have increased by 1.22% over the past year. The average rent moved from $2,125 to $2,151.
What's the typical rent budget in Greenwood, Seattle, WA?
The largest share of rentals in Greenwood, Seattle, WA (38%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Greenwood, Seattle, WA?
2,814 or 48% of the households in Greenwood, Seattle, WA are renter-occupied while 3,073 or 52% are owner-occupied.
Most affordable neighborhoods in Greenwood?
Wedgwood $1,624/month
South Des Moines $1,670/month
Mann $1,706/month
All of these neighborhoods fall below the city wide average of $2,252/month.Most expensive neighborhoods in Greenwood?
Belltown $2,792/month
Ravenna $2,801/month
Seattle Central Business District $3,065/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 | $3,065 |
| Ravenna | $2,801 |
| Belltown | $2,792 |
| Central Waterfront | $2,739 |
| South Lake Union | $2,737 |
| Pike Market | $2,668 |
| Westlake | $2,590 |
| Green Lake | $2,506 |
| East Queen Anne | $2,489 |
| Pioneer Square | $2,471 |
| Fremont | $2,459 |
| Wallingford | $2,353 |
| Eastlake | $2,337 |
| Crown Hill | $2,303 |
| Genesee | $2,261 |
| Lawton Park | $2,244 |
| South Delridge | $2,240 |
| Ballard | $2,233 |
| Lower Queen Anne | $2,224 |
| Columbia City | $2,220 |
| Atlantic | $2,200 |
| North Queen Anne | $2,197 |
| First Hill | $2,176 |
| Stevens | $2,157 |
| North Admiral | $2,154 |
| Maple Leaf | $2,154 |
| Broadway | $2,153 |
| Greenwood | $2,151 |
| University District | $2,148 |
| North City | $2,137 |
| Madison Park | $2,136 |
| Minor | $2,127 |
| Haller Lake | $2,120 |
| West Woodland | $2,119 |
| Hillwood | $2,115 |
| Meridian Park | $2,108 |
| Yesler Terrace | $2,102 |
| North Delridge | $2,097 |
| North College Park | $2,085 |
| West Queen Anne | $2,085 |
| Fairmount Park | $2,077 |
| Roosevelt | $2,071 |
| Junction | $2,028 |
| Interbay | $2,022 |
| Parkwood | $2,010 |
| Loyal Heights | $1,969 |
| Portage Bay | $1,961 |
| Roxhill | $1,959 |
| Pinehurst | $1,946 |
| Echo Lake | $1,931 |
| Whittier Heights | $1,929 |
| North Beacon Hill | $1,902 |
| High Point | $1,873 |
| Olympic Hills | $1,840 |
| Broadview | $1,823 |
| Victory Heights | $1,821 |
| Central Des Moines | $1,814 |
| Brighton | $1,803 |
| Richmond Highlands | $1,803 |
| Bitter Lake | $1,787 |
| Cedar Park | $1,749 |
| Ballinger | $1,731 |
| International District | $1,714 |
| Mann | $1,706 |
| South Des Moines | $1,670 |
| Wedgwood | $1,624 |
Seattle | Rent Comparison by Neighborhood
Rent in Greenwood is 2% lower than in Atlantic
Greenwood rent is the same as Seattle average
Atlantic rent is 2% 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 Greenwood 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.