Average Rent in Downtown Redmond, Redmond, WA

Downtown Redmond rentals average $1,948 for a studio rental to $2,844 for a 2-bedroom rental. The median price of all currently available listings is $2,314, or roughly $3 per square feet.

For the apartment units and housing in January 2025, median rents have risen over the last year. Studio rentals prices have increased by $399 (25.20%) year-over-year from $1,582 to $1,980. 1-bedroom rentals prices have increased by $153 (7.04%) year-over-year from $2,168 to $2,320. 2-bedroom rentals prices have increased by $338 (12.24%) year-over-year from $2,757 to $3,095. 3-bedroom rentals prices have decreased by $332 (-9.34%) year-over-year from $3,550 to $3,219. 4-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $3,600 to $3,600. 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 1.10% this month. 1-bedroom rents have gone down by 1.59% this month. 2-bedroom rents have gone up by 3.24% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone down by 0.00% this month.