University District, Seattle, WA Rental Market Trends
Last updated: June 02, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in University District is $2,098, a 1.74% decrease compared to the previous year, when the average rent was $2,135.
Studio Apartments at $1,564 offer the most budget-friendly option with 405 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 619 square feet for $2,059, balancing privacy and affordability.
Two-beedroom units at $2,895 offer 903 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (939 sq ft) for $3,385, suitable for larger households.
Average rent in University District, Seattle, WA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,098 | 573 sq. ft. |
| Studio | $1,564 | 405 sq. ft. |
| 1 Bed | $2,059 | 619 sq. ft. |
| 2 Beds | $2,895 | 903 sq. ft. |
| 3 Beds | $3,385 | 939 sq. ft. |
University District, Seattle, WA rent trends
Rental prices in University District, Seattle, WA have decreased by 1.74% over the past year. The average rent moved from $2,135 to $2,098.
What's the typical rent budget in University District, Seattle, WA?
The largest share of rentals in University District, Seattle, WA (28%) 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 University District, Seattle, WA?
3,428 or 69% of the households in University District, Seattle, WA are renter-occupied while 1,565 or 31% are owner-occupied.
Most affordable neighborhoods in University District?
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 University District?
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 |
| Lawton Park | $2,155 |
| 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 |
Seattle | Rent Comparison by Neighborhood
Rent in University District is 4% lower than in Atlantic
University District rent is the same as Seattle average
Atlantic rent is 4% 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 University District 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.