Average Rent in Capitol Hill, Seattle, WA

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Current Versus Historical Capitol Hill, Seattle, WA Rents

Capitol Hill rentals average $1,700 for a studio rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $2,175, 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 $432 (32.78%) year-over-year from $1,318 to $1,750. 1-bedroom rentals prices have increased by $545 (31.95%) year-over-year from $1,707 to $2,252. 2-bedroom rentals prices have increased by $1,055 (43.60%) year-over-year from $2,420 to $3,475. 3-bedroom rentals prices have increased by $1,507 (42.25%) year-over-year from $3,566 to $5,073. 4-bedroom rentals prices have increased by $6,386 (113.74%) year-over-year from $5,614 to $12,000. 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 4.36% this month. 1-bedroom rents have gone up by 7.51% this month. 2-bedroom rents have gone up by 5.63% this month. 3-bedroom rents have gone up by 16.50% this month. 4-bedroom rents have gone up by 49.42% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.39	$1,750	$1,318 (32.78%)	$1,767 (-0.96%)
1 BR	$2.92	$2,252	$1,707 (31.95%)	$1,647 (36.76%)
2 BR	N/A	$3,475	$2,420 (43.60%)	$2,330 (49.14%)
3 BR	N/A	$5,073	$3,566 (42.25%)	$4,108 (23.49%)

Historical Rents in Capitol Hill, Seattle, WA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Capitol Hill

There are a total of 3 cities nearby Capitol Hill. The average rent in Capitol Hill is currently $2,674 per month. 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 Capitol Hill, Seattle, WA is Bellevue, WA. Monthly rents here are on average $3,300 per month.

Let's compare Capitol Hill, Seattle, WA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Capitol Hill, Seattle, WA is 9.74% more affordable than other cities nearby. One bedrooms are about 8.50% more affordable. Two bedrooms in Capitol Hill, Seattle, WA are about 12.52% more expensive. Finally, rent for three bedrooms are about 27.72% more expensive. Want more information? Check out the top 3 cities near Capitol Hill, Seattle, WA in the following chart.

City	Studio	1 Bed	2 Bed	All
Redmond, WA	$1,871	$2,195	$2,760	$2,540
Seattle, WA	$1,711	$2,239	$3,175	$2,674
Bellevue, WA	$1,865	$2,294	$3,040	$3,300

Top Neighborhoods Near Capitol Hill

There are a total of 2 neighborhoods in or near Capitol Hill. We've included all of these top 2 neighborhoods in or near Capitol Hill, Seattle, WA in the following chart.

The average rent for these 2 neighborhoods in or near Capitol Hill, Seattle, WA is currently around $2,209 per month. A total of one neighborhood has a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than Capitol Hill's average rent, which is only $2,175. Out of all the neighborhoods in or near Capitol Hill, Belltown has the most affordable average rent at $2,170 per month. Whereas, at $2,247 average rent per month, Downtown Redmond is the most expensive neighborhood in or near Capitol Hill. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Belltown, Seattle, WA	$1,465	$2,392	$3,073	$2,170
Downtown Redmond, Redmond, WA	$1,866	$2,195	$2,760	$2,247

Top Counties Near Capitol Hill

There are a total of 2 counties located by Capitol Hill, Seattle, WA.

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

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near Capitol Hill

There are a total of 2 zipcodes in or near Capitol Hill, Seattle, WA. The average rent for all of these zipcodes is $2,387.

The following chart includes the top 2 zipcodes in Capitol Hill, 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	$1,465	$2,400	$3,162	$2,234
98052, Redmond, WA	$1,871	$2,195	$2,760	$2,540

Frequently Asked Questions - Capitol Hill Average Rents

What is the average rent price in Capitol Hill, Seattle, WA?

The average monthly rental price for Capitol Hill, Seattle, WA apartments for rent is approximately $2,175. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Capitol Hill, 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 Capitol Hill, Seattle, WA.

How much is a studio apartment in Capitol Hill, Seattle, WA?

The average monthly rental price for studio apartments is $1,700 and an average price per square feet of $3.39. There are a total of 8 studio apartment listings currently available for rent in Capitol Hill.

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

The average monthly rental price for one bedroom apartments is $2,064 and an average price per square feet of $2.92. There are a total of 14 one bedroom apartment listings currently available for rent in Capitol Hill.

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

The average monthly rental price for two bedroom apartments is $3,475 and an average price per square feet of $0. There are a total of 4 two bedroom apartment listings currently available for rent in Capitol Hill.

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

Rent prices for rentals in Capitol Hill, Seattle, WA can fluctuate yearly. Specifically, studio rental prices have changed by 0.33%, one bedroom rental prices have changed by 0.32%, two bedroom rental prices have changed by 0.44%, and three bedroom rental prices have changed by 0.42% year-over-year.

What is a reasonable rent price in Capitol Hill, Seattle, WA?

A reasonable rent price in Capitol Hill, Seattle, WA is around $1,740/month. You can search for these reasonably priced rental listings on RentHop.