Average Rent in 98101, Seattle, WA

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Current Versus Historical 98101, Seattle, WA Rents

98101 rentals average $2,185 for a studio rental to $9,400 for a 3-bedroom rental. The median price of all currently available listings is $3,290, or roughly $3 per square feet.
For the apartment units and housing in January 2025, median rents have fallenover the last year. Studio rentals prices have increased by $716 (54.53%) year-over-year from $1,313 to $2,030. 1-bedroom rentals prices have decreased by $175 (-7.04%) year-over-year from $2,491 to $2,316. 2-bedroom rentals prices have increased by $1,093 (28.16%) year-over-year from $3,880 to $4,973. 3-bedroom rentals prices have increased by $3,700 (41.57%) year-over-year from $8,900 to $12,600. 4-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $1,000 to $1,000. 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 3.59% this month. 1-bedroom rents have gone down by 11.73% this month. 2-bedroom rents have gone up by 23.03% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Jan 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.38 $2,030 $1,313 (54.53%) $1,689 (20.16%)
1 BR $3.28 $2,316 $2,491 (-7.04%) $2,056 (12.63%)
2 BR $3.64 $4,973 $3,880 (28.16%) $2,839 (75.13%)
3 BR N/A $12,600 $8,900 (41.57%) $4,713 (167.33%)

Historical Rents in 98101, Seattle, WA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 98101

There are a total of 1 cities nearby 98101. The average rent in 98101 is currently $2,511 per month. Only one city nearby has an average rent lower than that. Our records show that Seattle, WA, with an average rent of $2,511, is the most affordable city nearby. In contrast, the most expensive city near 98101, Seattle, WA is Seattle, WA. Monthly rents here are on average $2,511 per month.

Let's compare 98101, Seattle, WA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 98101, Seattle, WA is 16.20% more expensive than other cities nearby. One bedrooms are about 14.81% more expensive. Two bedrooms in 98101, Seattle, WA are about 40.27% more expensive. Finally, rent for three bedrooms are about 62.39% more expensive. Want more information? Check out the top 1 cities near 98101, Seattle, WA in the following chart.
City Studio 1 Bed 2 Bed All
Seattle, WA $1,831 $2,214 $3,200 $2,511

Top Neighborhoods Near 98101



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near 98101



We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All

Top Zipcodes Near 98101



You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - 98101 Average Rents

What is the average rent price in 98101, Seattle, WA?
The average monthly rental price for 98101, Seattle, WA apartments for rent is approximately $3,290. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 98101, Seattle, 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 98101, Seattle, WA.
How much is a studio apartment in 98101, Seattle, WA?
The average monthly rental price for studio apartments is $2,185 and an average price per square feet of $4.38. There are a total of 8 studio apartment listings currently available for rent in 98101.
How much is a one bedroom apartment in 98101, Seattle, WA?
The average monthly rental price for one bedroom apartments is $2,599 and an average price per square feet of $3.28. There are a total of 23 one bedroom apartment listings currently available for rent in 98101.
How much is a two bedroom apartment in 98101, Seattle, WA?
The average monthly rental price for two bedroom apartments is $5,358 and an average price per square feet of $3.64. There are a total of 16 two bedroom apartment listings currently available for rent in 98101.
How have rent prices in 98101, Seattle, WA changed this year?
Rent prices for rentals in 98101, Seattle, WA can fluctuate yearly. Specifically, studio rental prices have changed by 0.55%, one bedroom rental prices have changed by -0.07%, two bedroom rental prices have changed by 0.28%, and three bedroom rental prices have changed by 0.42% year-over-year.
What is a reasonable rent price in 98101, Seattle, WA?
A reasonable rent price in 98101, Seattle, WA is around $2,632/month. You can search for these reasonably priced rental listings on RentHop.
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