Average Rent in Downtown Seattle, Seattle, WA

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Current Versus Historical Downtown Seattle, Seattle, WA Rents

Downtown Seattle rentals average $1,902 for a studio rental to $5,800 for a 3-bedroom rental. The median price of all currently available listings is $2,475, or roughly $3 per square feet.
For the apartment units and housing in February 2025, median rents have risen over the last year. Studio rentals prices have increased by $618 (48.40%) year-over-year from $1,278 to $1,896. 1-bedroom rentals prices have increased by $207 (9.81%) year-over-year from $2,114 to $2,322. 2-bedroom rentals prices have decreased by $86 (-2.65%) year-over-year from $3,232 to $3,146. 3-bedroom rentals prices have increased by $262 (4.73%) year-over-year from $5,538 to $5,800. 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 10.76% this month. 1-bedroom rents have gone down by 0.86% this month. 2-bedroom rents have gone down by 0.90% this month. 3-bedroom rents have gone down by 13.58% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Feb 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.63 $1,896 $1,278 (48.40%) $1,764 (7.48%)
1 BR $3.31 $2,322 $2,114 (9.81%) $1,990 (16.67%)
2 BR $3.24 $3,146 $3,232 (-2.65%) $2,902 (8.41%)
3 BR $2.89 $5,800 $5,538 (4.73%) $5,230 (10.90%)

Historical Rents in Downtown Seattle, Seattle, WA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Downtown Seattle

There are a total of 1 cities nearby Downtown Seattle. The average rent in Downtown Seattle is currently $2,475 per month. Only one city nearby has an average rent lower than that. Our records show that Seattle, WA, with an average rent of $2,475, is the most affordable city nearby. In contrast, the most expensive city near Downtown Seattle, Seattle, WA is Seattle, WA. Monthly rents here are on average $2,475 per month.

Let's compare Downtown Seattle, Seattle, WA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Downtown Seattle, Seattle, WA is 1.79% more expensive than other cities nearby. One bedrooms are about 9.05% more expensive. Two bedrooms in Downtown Seattle, Seattle, WA are about 21.65% more expensive. Finally, rent for three bedrooms are about 33.22% more expensive. Want more information? Check out the top 1 cities near Downtown Seattle, Seattle, WA in the following chart.
City Studio 1 Bed 2 Bed All
Seattle, WA $1,868 $2,256 $3,322 $2,475

Top Neighborhoods Near Downtown Seattle

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

The average rent for these 2 neighborhoods in or near Downtown Seattle, Seattle, WA is currently around $2,455 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. Out of all the neighborhoods in or near Downtown Seattle, Belltown has the most affordable average rent at $2,200 per month. Whereas, at $2,711 average rent per month, Central Business District is the most expensive neighborhood in or near Downtown Seattle. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Belltown, Seattle, WA $1,446 $2,250 $3,107 $2,200
Central Business District, Seattle, WA $1,975 $2,711 $5,373 $2,711

Top Counties Near Downtown Seattle

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

We've listed the top 0 counties in the chart below.
County Studio 1 Bed 2 Bed All

Top Zipcodes Near Downtown Seattle



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

Frequently Asked Questions - Downtown Seattle Average Rents

What is the average rent price in Downtown Seattle, Seattle, WA?
The average monthly rental price for Downtown Seattle, Seattle, WA apartments for rent is approximately $2,475. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Downtown Seattle, 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 Downtown Seattle, Seattle, WA.
How much is a studio apartment in Downtown Seattle, Seattle, WA?
The average monthly rental price for studio apartments is $1,902 and an average price per square feet of $3.63. There are a total of 37 studio apartment listings currently available for rent in Downtown Seattle.
How much is a one bedroom apartment in Downtown Seattle, Seattle, WA?
The average monthly rental price for one bedroom apartments is $2,480 and an average price per square feet of $3.31. There are a total of 53 one bedroom apartment listings currently available for rent in Downtown Seattle.
How much is a two bedroom apartment in Downtown Seattle, Seattle, WA?
The average monthly rental price for two bedroom apartments is $4,240 and an average price per square feet of $3.24. There are a total of 33 two bedroom apartment listings currently available for rent in Downtown Seattle.
How have rent prices in Downtown Seattle, Seattle, WA changed this year?
Rent prices for rentals in Downtown Seattle, Seattle, WA can fluctuate yearly. Specifically, studio rental prices have changed by 0.48%, one bedroom rental prices have changed by 0.10%, two bedroom rental prices have changed by -0.03%, and three bedroom rental prices have changed by 0.05% year-over-year.
What is a reasonable rent price in Downtown Seattle, Seattle, WA?
A reasonable rent price in Downtown Seattle, Seattle, WA is around $1,980/month. You can search for these reasonably priced rental listings on RentHop.
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