Average Rent in 98052, Redmond, WA

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Current Versus Historical 98052, Redmond, WA Rents

98052 rentals average $1,871 for a studio rental to $10,350 for a 4-bedroom rental. The median price of all currently available listings is $2,540, or roughly $3 per square feet.

For the apartment units and housing in November 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $632 (39.74%) year-over-year from $1,589 to $2,221. 1-bedroom rentals prices have increased by $469 (21.66%) year-over-year from $2,167 to $2,637. 2-bedroom rentals prices have increased by $448 (17.94%) year-over-year from $2,499 to $2,947. 3-bedroom rentals prices have increased by $284 (8.44%) year-over-year from $3,366 to $3,650. 4-bedroom rentals prices have increased by $1,435 (33.64%) year-over-year from $4,265 to $5,700. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 4.98% this month. 1-bedroom rents have gone up by 7.19% this month. 2-bedroom rents have gone down by 1.28% this month. 3-bedroom rents have gone down by 3.50% this month. 4-bedroom rents have gone up by 8.23% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.30	$2,221	$1,589 (39.74%)	$1,834 (21.10%)
1 BR	$3.14	$2,637	$2,167 (21.66%)	$2,182 (20.83%)
2 BR	$2.52	$2,947	$2,499 (17.94%)	$2,408 (22.37%)
3 BR	N/A	$3,650	$3,366 (8.44%)	$3,057 (19.41%)
4+ BR	N/A	$5,700	$4,265 (33.64%)	$3,831 (48.79%)

Historical Rents in 98052, Redmond, WA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 98052

There are a total of 2 cities nearby 98052. The average rent in 98052 is currently $2,920 per month. Only one city nearby has an average rent lower than that. Our records show that Redmond, WA, with an average rent of $2,540, is the most affordable city nearby. In contrast, the most expensive city near 98052, Redmond, WA is Bellevue, WA. Monthly rents here are on average $3,300 per month.

Let's compare 98052, Redmond, WA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 98052, Redmond, WA is 0.16% more expensive than other cities nearby. One bedrooms are about 2.26% more affordable. Two bedrooms in 98052, Redmond, WA are about 5.07% more affordable. Finally, rent for three bedrooms are about 4.72% more affordable. Want more information? Check out the top 2 cities near 98052, Redmond, WA in the following chart.

City	Studio	1 Bed	2 Bed	All
Redmond, WA	$1,871	$2,195	$2,760	$2,540
Bellevue, WA	$1,865	$2,294	$3,040	$3,300

Top Neighborhoods Near 98052

There are a total of 1 neighborhoods in or near 98052. We've included all of these top 1 neighborhoods in or near 98052, Redmond, WA in the following chart.

The average rent for these 1 neighborhoods in or near 98052, Redmond, WA is currently around $2,247 per month. A total of one neighborhood has a lower average rent. Out of all the neighborhoods in or near 98052, Downtown Redmond has the most affordable average rent at $2,247 per month. Whereas, at $2,247 average rent per month, Downtown Redmond is the most expensive neighborhood in or near 98052. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Downtown Redmond, Redmond, WA	$1,866	$2,195	$2,760	$2,247

Top Counties Near 98052

There are a total of 1 counties located by 98052, Redmond, WA.

We've listed the top 0 counties in the chart below.

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near 98052

You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All

Frequently Asked Questions - 98052 Average Rents

What is the average rent price in 98052, Redmond, WA?

The average monthly rental price for 98052, Redmond, WA apartments for rent is approximately $2,540. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 98052, Redmond, WA rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 98052, Redmond, WA.

How much is a studio apartment in 98052, Redmond, WA?

The average monthly rental price for studio apartments is $1,871 and an average price per square feet of $3.30. There are a total of 11 studio apartment listings currently available for rent in 98052.

How much is a one bedroom apartment in 98052, Redmond, WA?

The average monthly rental price for one bedroom apartments is $2,195 and an average price per square feet of $3.14. There are a total of 24 one bedroom apartment listings currently available for rent in 98052.

How much is a two bedroom apartment in 98052, Redmond, WA?

The average monthly rental price for two bedroom apartments is $2,760 and an average price per square feet of $2.52. There are a total of 21 two bedroom apartment listings currently available for rent in 98052.

How have rent prices in 98052, Redmond, WA changed this year?

Rent prices for rentals in 98052, Redmond, WA can fluctuate yearly. Specifically, studio rental prices have changed by 0.40%, one bedroom rental prices have changed by 0.22%, two bedroom rental prices have changed by 0.18%, and three bedroom rental prices have changed by 0.08% year-over-year.

What is a reasonable rent price in 98052, Redmond, WA?

A reasonable rent price in 98052, Redmond, WA is around $2,032/month. You can search for these reasonably priced rental listings on RentHop.