Average Rent in King, WA

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Current Versus Historical King, WA Rents

King rentals average $1,865 for a studio rental to $4,950 for a 4-bedroom rental. The median price of all currently available listings is $2,798, 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 $703 (53.50%) year-over-year from $1,313 to $2,016. 1-bedroom rentals prices have increased by $712 (42.28%) year-over-year from $1,683 to $2,395. 2-bedroom rentals prices have increased by $705 (31.55%) year-over-year from $2,233 to $2,938. 3-bedroom rentals prices have increased by $405 (13.09%) year-over-year from $3,095 to $3,500. 4-bedroom rentals prices have increased by $1,038 (26.92%) year-over-year from $3,857 to $4,895. 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 12.19% this month. 1-bedroom rents have gone up by 5.52% this month. 2-bedroom rents have gone up by 4.33% this month. 3-bedroom rents have gone up by 1.01% this month. 4-bedroom rents have gone up by 9.67% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.37	$2,016	$1,313 (53.50%)	$1,750 (15.23%)
1 BR	$3.09	$2,395	$1,683 (42.28%)	$1,632 (46.78%)
2 BR	$2.95	$2,938	$2,233 (31.55%)	$2,063 (42.39%)
3 BR	$3.09	$3,500	$3,095 (13.09%)	$2,782 (25.82%)
4+ BR	N/A	$4,895	$3,857 (26.92%)	$3,467 (41.20%)

Historical Rents in King, WA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near King

There are a total of 3 cities nearby King. The average rent in King is currently $2,620 per month. A total of 2 cities nearby have an average rent lower than that. 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 King, WA is Bellevue, WA. Monthly rents here are on average $3,200 per month.

Let's compare King, WA's rent against other top cities nearby by bedroom size. Typically, rent for studios in King, WA is 5.79% more expensive than other cities nearby. One bedrooms are equivalent to other nearby cities' one bedroom rents. Two bedrooms in King, WA are about 1.10% more expensive. Finally, rent for three bedrooms are about 4.29% more affordable. Want more information? Check out the top 3 cities near King, 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 King

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

The average rent for these 2 neighborhoods in or near King, WA is currently around $2,074 per month. A total of 2 neighborhoods have a lower average rent. Out of all the neighborhoods in or near King, Downtown Redmond has the most affordable average rent at $2,071 per month. Whereas, at $2,077 average rent per month, Belltown is the most expensive neighborhood in or near King. 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
Belltown, Seattle, WA	$1,480	$2,077	$3,190	$2,077

Top Counties Near King

There are a total of 2 counties located by King, WA. The average rent for rentals in these counties is $3,000. That's roughly around $2 per sqft. The county that is the most affordable is Snohomish, WA. It's average rent per month is $3,000. Vice versa, with an average rent of $3,000, Snohomish, WA is the most expensive county by King, WA.

Typically, rent for studios in King, WA is 100.54% more affordable than other counties nearby. In comparison, rent for one bedroom listings in King, WA is 9.40% more expensive than other counties nearby. Finally, rent for two bedrooms in King, WA is 25.11% more expensive than other counties nearby. We've listed the top 1 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Snohomish, WA	$3,740	$1,948	$2,243	$3,000

Top Zipcodes Near King

There are a total of 2 zipcodes in or near King, WA. The average rent for all of these zipcodes is $2,342. A total of 2 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 98052, Redmond, WA at $2,291 per month. In comparison, the zipcode with the most expensive average rent of $2,393 per month is 98121, Seattle, WA.

Studios in these zipcodes have an average rent of $1,619. That's at least $3 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near King, WA is $2,234 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,024 per month. Which comes out to $3 per sqft. The following chart includes the top 2 zipcodes in King, WA. You can view the average rent breakdown for each zipcode by bedroom size.

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

Frequently Asked Questions - King Average Rents

What is the average rent price in King, WA?

The average monthly rental price for King, WA apartments for rent is approximately $2,798. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do King, 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 King, WA.

How much is a studio apartment in King, WA?

The average monthly rental price for studio apartments is $1,865 and an average price per square feet of $3.37. There are a total of 93 studio apartment listings currently available for rent in King.

How much is a one bedroom apartment in King, WA?

The average monthly rental price for one bedroom apartments is $2,150 and an average price per square feet of $3.09. There are a total of 203 one bedroom apartment listings currently available for rent in King.

How much is a two bedroom apartment in King, WA?

The average monthly rental price for two bedroom apartments is $2,995 and an average price per square feet of $2.95. There are a total of 186 two bedroom apartment listings currently available for rent in King.

How have rent prices in King, WA changed this year?

Rent prices for rentals in King, WA can fluctuate yearly. Specifically, studio rental prices have changed by 0.54%, one bedroom rental prices have changed by 0.42%, two bedroom rental prices have changed by 0.32%, and three bedroom rental prices have changed by 0.13% year-over-year.

What is a reasonable rent price in King, WA?

A reasonable rent price in King, WA is around $2,238/month. You can search for these reasonably priced rental listings on RentHop.