Presenting 10 of the Most Expensive Rentals in Washington Available Right Now

Nicky Iudean-November 23, 2015

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Bill Gates – the richest man in the world – resides in Washington. And he’s quite right to have chosen this particular state as home sweet home. Washington has the most “regressive” tax structure for 2015. The richest 1%, who bring in an average income of $1.5 million, pay only 2.4% taxes towards the state. It’s no wonder that 10 billionaires out of Forbes’ 2015 rich list, along with plenty other millionaires, well-paid tech pros, and companies like Amazon and Microsoft, have all started to grow roots here.

With so many rich people around, the demand for luxury housing has gone through the roof. Seattle boasts pretty expensive rental options and it’s not the only hot spot around. Bellevue, Hunts Point, and Mercer Island are also luring the wealthy with incredible homes, astonishing natural beauties, and exclusive living environments.

Now imagine this: if you were extremely rich, looking for the most fabulous property to rent, what would you choose? A modern penthouse with skyline views of the Puget Sound or a secluded villa with a private waterfront? Find out just how deep you’d need to dig into your pocket (hint: 4- and 5-digit monthly paychecks) to afford the extravagant lifestyle of the rich.

We’ve done some digging for you and put together 10 of the most expensive rentals in Washington state right now:

#10. SEATTLE – Insignia Penthouse

Monthly Rent: estimated $9,500

Address: 588 Bell St 4003S, Belltown, Seattle, WA 98121
Size: 2,054 sq.ft. / 2 bedrooms / 2 full bathrooms / 1 half bathroom
Short description: Puget Sound, Downtown, and the Olympic Mountains seen from every room.
Photo credit: WindermereRealEstate

#9. YARROW POINT – Secluded Home

Monthly Rent: $10,000

Address: 4416 95th Ave NE, Yarrow Point, WA 98004
Size: 5,000 sq.ft. / 4 bedrooms / 4 full bathrooms/ 1 half bathroom
Short description: Magnificent panoramic views spanning Kirkland to Carillon Marina.
Photo credit: WindermereRealEstate

#8. SEATTLE – Millennium Tower Condo

Monthly Rent: $10,500

Address: 715 2nd Ave #1801, Seattle Central Business District, Seattle, WA 98104
Size: 2,726 sq.ft. / 2 bedrooms / 2 full bathrooms/ 1 half bathroom
Short description: Luxurious downtown living in Millennium Tower amongst only 19 residences.
Photo credit: CathySpencer

#7. BELLEVUE – Cosmopolitan Penthouse

Monthly Rent: $11,888

Address: 688 110th Ave NE, #S3103, West Bellevue, Bellevue, WA 98004
Size: 3,013 sq.ft. / 2 bedrooms / 3 full bathrooms/ 1 half bathroom
Short description: Spectacular views of Bellevue, Seattle, Lake Washington and Mt Rainier.
Photo credit: SothebysRealty

#6. BELLEVUE – European Home

Monthly Rent: $11,995

Address: 8115 NE 8th St, Crossroads, Bellevue, WA 98039
Size: 4 bedrooms / 3 full bathrooms
Short description: Fully furnished beauty in the heart of Medina, including a piano, 80 inch TV and a build-in gym in the garage,
Photo credit: JillWarne

#5. MERCER ISLAND – Romantic Home

Monthly Rent: $13,000

Address: 8279 W Mercer Way, Mercer Island, WA, 98040
Size: 6,670 sq.ft. / 5 bedrooms / 5 full bathrooms / 1 half bathroom
Short description: Unobstructed 100 feet of lake frontage and mountain views.
Photo credit: BerkshireHathaway

#4. HUNTS POINT – Charming Estate

Monthly Rent: $14,000

Address: 3804 Hunts Point Rd, Hunts Point, WA 98004
Size: 5,740 sq.ft. / 5 bedrooms
Short description: Nestled on a lovely wooded property with modern amenities and it’s own private dock.
Photo credit: Century21

#3. BELLEVUE – Spectacular Penthouse

Monthly Rent: $14,900

Address: 688 110th Ave NE , S3101, Bellevue, WA 98004
Size: 4,115 sq. ft. / 3 bedrooms / 3 full bathrooms/ 1 half bathroom
Short description: Expansive views of the Cascade Mountains and Lake Washington.
Photo credit: JillWarne

#2. HUNTS POINT – Waterfront Residence

Monthly Rent: $18,000

Address: Hunts Point, WA 98004
Size: 3,000 sq. ft. / 2 bedrooms / 3 full bathrooms / 1 half bathroom
Short description: Special features include a Chihuly chandelier and gorgeous Northwest artwork.
Photo credit: WindermereRealEstate

#1. MERCER ISLAND – Modern Home

Monthly Rent: $22,000

Address: 9950 SE 35th Place, Mercer Island, WA 98040
Size: 5,000 sq.ft. / 4 bedrooms / 4 full bathrooms
Short description: Nano-doors unfold completely to reveal 110 ft. of Lake Washington shoreline. Park-like setting.
Photo credit: Century21

To find out more apartments and homes at down-to-earth prices in Seattle and other cities in the state of Washington, visit RentCafe today.

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Nicky Iudean

Nicky is a Senior Communications Specialist for RENTCafé.com, where she researches and writes about real estate, interior design, and all things that spark renters’ interests. She is also your go-to person for content collaborations. Nicky double majored in Marketing and Applied Economics and holds a master's degree in Marketing Strategies and Policies. You can reach her via email at nicky.rentcafe@yardi.com.