Average Rent in Belltown, Seattle, WA

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Current Versus Historical Belltown, Seattle, WA Rents

Belltown rentals average $1,480 for a studio rental to $4,569 for a 3-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 November 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $136 (11.37%) year-over-year from $1,198 to $1,334. 1-bedroom rentals prices have increased by $226 (10.26%) year-over-year from $2,205 to $2,432. 2-bedroom rentals prices have decreased by $142 (-4.15%) year-over-year from $3,429 to $3,287. 3-bedroom rentals prices have decreased by $973 (-17.57%) year-over-year from $5,537 to $4,564. 4-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $2,595 to $2,595. 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 down by 14.45% this month. 1-bedroom rents have gone down by 9.10% this month. 2-bedroom rents have gone down by 7.29% this month. 3-bedroom rents have gone down by 6.15% this month. 4-bedroom rents have gone down by 0.00% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.12	$1,334	$1,198 (11.37%)	$1,731 (-22.93%)
1 BR	$2.77	$2,432	$2,205 (10.26%)	$1,971 (23.37%)
2 BR	$3.07	$3,287	$3,429 (-4.15%)	$3,026 (8.63%)
3 BR	$3.43	$4,564	$5,537 (-17.57%)	$5,854 (-22.03%)

Historical Rents in Belltown, Seattle, WA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Belltown

There are a total of 3 cities nearby Belltown. The average rent in Belltown is currently $2,620 per month. Our records show that Redmond, WA, with an average rent of $2,291, is the most affordable city nearby. In contrast, the most expensive city near Belltown, Seattle, WA is Bellevue, WA. Monthly rents here are on average $3,200 per month.

Let's compare Belltown, Seattle, WA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Belltown, Seattle, WA is 18.72% more affordable than other cities nearby. One bedrooms are about 3.51% more affordable. Two bedrooms in Belltown, Seattle, WA are about 7.15% more expensive. Finally, rent for three bedrooms are about 20.11% more expensive. Want more information? Check out the top 3 cities near Belltown, Seattle, WA in the following chart.

City	Studio	1 Bed	2 Bed	All
Redmond, WA	$1,757	$2,071	$2,878	$2,291
Seattle, WA	$1,776	$2,150	$3,197	$2,620
Bellevue, WA	N/A	$2,300	$2,962	$3,200

Top Neighborhoods Near Belltown

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

The average rent for these 1 neighborhoods in or near Belltown, Seattle, WA is currently around $2,071 per month. A total of one neighborhood has a lower average rent. Out of all the neighborhoods in or near Belltown, Downtown Redmond has the most affordable average rent at $2,071 per month. Whereas, at $2,071 average rent per month, Downtown Redmond is the most expensive neighborhood in or near Belltown. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Downtown Redmond, Redmond, WA	$1,744	$2,071	$2,884	$2,071

Top Counties Near Belltown

There are a total of 1 counties located by Belltown, Seattle, WA.

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

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near Belltown

There are a total of 2 zipcodes in or near Belltown, Seattle, WA. The average rent for all of these zipcodes is $2,342.

The following chart includes the top 2 zipcodes in Belltown, Seattle, WA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
98121, Seattle, WA	$1,480	$2,397	$3,170	$2,393
98052, Redmond, WA	$1,757	$2,071	$2,878	$2,291

Frequently Asked Questions - Belltown Average Rents

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

The average monthly rental price for Belltown, 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 Belltown, 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 Belltown, Seattle, WA.

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

The average monthly rental price for studio apartments is $1,480 and an average price per square feet of $3.12. There are a total of 13 studio apartment listings currently available for rent in Belltown.

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

The average monthly rental price for one bedroom apartments is $2,077 and an average price per square feet of $2.77. There are a total of 21 one bedroom apartment listings currently available for rent in Belltown.

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

The average monthly rental price for two bedroom apartments is $3,190 and an average price per square feet of $3.07. There are a total of 15 two bedroom apartment listings currently available for rent in Belltown.

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

Rent prices for rentals in Belltown, Seattle, WA can fluctuate yearly. Specifically, studio rental prices have changed by 0.11%, one bedroom rental prices have changed by 0.10%, two bedroom rental prices have changed by -0.04%, and three bedroom rental prices have changed by -0.18% year-over-year.

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

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