Average Rent in Ballard, Seattle, WA

Home » WA » Seattle » Ballard

Current Versus Historical Ballard, Seattle, WA Rents

Ballard rentals average $1,718 for a studio rental to $3,998 for a 4-bedroom rental. The median price of all currently available listings is $2,077, or roughly $3 per square feet.

For the apartment units and housing in December 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $147 (12.95%) year-over-year from $1,138 to $1,285. 1-bedroom rentals prices have increased by $344 (21.30%) year-over-year from $1,613 to $1,957. 2-bedroom rentals prices have increased by $772 (33.14%) year-over-year from $2,328 to $3,100. 3-bedroom rentals prices have decreased by $438 (-13.56%) year-over-year from $3,233 to $2,795. 4-bedroom rentals prices have decreased by $449 (-10.10%) year-over-year from $4,447 to $3,998. 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 7.71% this month. 1-bedroom rents have gone up by 6.44% this month. 2-bedroom rents have gone up by 8.27% this month. 3-bedroom rents have gone down by 17.65% this month. 4-bedroom rents have gone up by 6.25% this month.

Beds	Price / Sqft	Dec 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.33	$1,285	$1,138 (12.95%)	$1,104 (16.45%)
1 BR	$3.20	$1,957	$1,613 (21.30%)	$1,575 (24.25%)
2 BR	$3.13	$3,100	$2,328 (33.14%)	$2,047 (51.47%)
3 BR	N/A	$2,795	$3,233 (-13.56%)	$3,308 (-15.52%)
4+ BR	N/A	$3,998	$4,447 (-10.10%)	$3,961 (0.92%)

Historical Rents in Ballard, Seattle, WA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Ballard

There are a total of 2 cities nearby Ballard. The average rent in Ballard is currently $2,705 per month. Our records show that Seattle, WA, with an average rent of $2,610, is the most affordable city nearby. In contrast, the most expensive city near Ballard, Seattle, WA is Bellevue, WA. Monthly rents here are on average $2,800 per month.

Let's compare Ballard, Seattle, WA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Ballard, Seattle, WA is 10.71% more affordable than other cities nearby. One bedrooms are about 12.62% more affordable. Two bedrooms in Ballard, Seattle, WA are about 3.66% more expensive. Finally, rent for three bedrooms are about 37.46% more affordable. Want more information? Check out the top 2 cities near Ballard, Seattle, WA in the following chart.

City	Studio	1 Bed	2 Bed	All
Seattle, WA	$1,804	$2,172	$3,201	$2,610
Bellevue, WA	$2,000	$2,281	$2,930	$2,800

Top Neighborhoods Near Ballard

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Ballard

We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near Ballard

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

Zipcode	Studio	1 Bed	2 Bed	All

Frequently Asked Questions - Ballard Average Rents

What is the average rent price in Ballard, Seattle, WA?

The average monthly rental price for Ballard, Seattle, WA apartments for rent is approximately $2,077. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Ballard, 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 Ballard, Seattle, WA.

How much is a studio apartment in Ballard, Seattle, WA?

The average monthly rental price for studio apartments is $1,718 and an average price per square feet of $3.33. There are a total of 3 studio apartment listings currently available for rent in Ballard.

How much is a one bedroom apartment in Ballard, Seattle, WA?

The average monthly rental price for one bedroom apartments is $1,977 and an average price per square feet of $3.20. There are a total of 18 one bedroom apartment listings currently available for rent in Ballard.

How much is a two bedroom apartment in Ballard, Seattle, WA?

The average monthly rental price for two bedroom apartments is $3,182 and an average price per square feet of $3.13. There are a total of 9 two bedroom apartment listings currently available for rent in Ballard.

How have rent prices in Ballard, Seattle, WA changed this year?

Rent prices for rentals in Ballard, Seattle, WA can fluctuate yearly. Specifically, studio rental prices have changed by 0.13%, one bedroom rental prices have changed by 0.21%, two bedroom rental prices have changed by 0.33%, and three bedroom rental prices have changed by -0.14% year-over-year.

What is a reasonable rent price in Ballard, Seattle, WA?

A reasonable rent price in Ballard, Seattle, WA is around $1,662/month. You can search for these reasonably priced rental listings on RentHop.