Average Rent in Seattle, WA

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Current Versus Historical Seattle, WA Rents

Seattle rentals average $1,711 for a studio rental to $5,448 for a 4-bedroom rental. The median price of all currently available listings is $2,674, 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 $530 (41.56%) year-over-year from $1,274 to $1,804. 1-bedroom rentals prices have increased by $660 (40.39%) year-over-year from $1,633 to $2,293. 2-bedroom rentals prices have increased by $844 (37.69%) year-over-year from $2,238 to $3,082. 3-bedroom rentals prices have increased by $407 (12.92%) year-over-year from $3,148 to $3,555. 4-bedroom rentals prices have increased by $1,366 (33.46%) year-over-year from $4,082 to $5,448. 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 8.41% this month. 1-bedroom rents have gone up by 7.07% this month. 2-bedroom rents have gone up by 9.43% this month. 3-bedroom rents have gone up by 2.01% this month. 4-bedroom rents have gone up by 6.92% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.49	$1,804	$1,274 (41.56%)	$1,646 (9.59%)
1 BR	$3.09	$2,293	$1,633 (40.39%)	$1,567 (46.36%)
2 BR	$3.13	$3,082	$2,238 (37.69%)	$2,065 (49.25%)
3 BR	$3.20	$3,555	$3,148 (12.92%)	$2,962 (20.03%)
4+ BR	N/A	$5,448	$4,082 (33.46%)	$3,700 (47.23%)

Historical Rents in Seattle, WA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Seattle

There are a total of 2 cities nearby Seattle. The average rent in Seattle is currently $2,920 per month. Only one city nearby has an average rent lower than that. 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 Seattle, WA is Bellevue, WA. Monthly rents here are on average $3,300 per month.

Let's compare Seattle, WA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Seattle, WA is 9.21% more affordable than other cities nearby. One bedrooms are about 0.25% more affordable. Two bedrooms in Seattle, WA are about 8.66% more expensive. Finally, rent for three bedrooms are about 2.32% more expensive. Want more information? Check out the top 2 cities near Seattle, WA in the following chart.

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

Top Neighborhoods Near Seattle

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

The average rent for these 2 neighborhoods in or near Seattle, WA is currently around $2,209 per month. A total of 2 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Seattle, 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 Seattle. 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 Seattle

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

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

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near Seattle

There are a total of 2 zipcodes in or near Seattle, WA. The average rent for all of these zipcodes is $2,387. 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 98121, Seattle, WA at $2,234 per month. In comparison, the zipcode with the most expensive average rent of $2,540 per month is 98052, Redmond, WA.

Studios in these zipcodes have an average rent of $1,668. 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 Seattle, WA is $2,298 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,961 per month. Which comes out to $3 per sqft. The following chart includes the top 2 zipcodes in Seattle, WA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
98052, Redmond, WA	$1,871	$2,195	$2,760	$2,540
98121, Seattle, WA	$1,465	$2,400	$3,162	$2,234

Frequently Asked Questions - Seattle Average Rents

What is the average rent price in Seattle, WA?

The average monthly rental price for Seattle, WA apartments for rent is approximately $2,674. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 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 Seattle, WA.

How much is a studio apartment in Seattle, WA?

The average monthly rental price for studio apartments is $1,711 and an average price per square feet of $3.49. There are a total of 62 studio apartment listings currently available for rent in Seattle.

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

The average monthly rental price for one bedroom apartments is $2,239 and an average price per square feet of $3.09. There are a total of 151 one bedroom apartment listings currently available for rent in Seattle.

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

The average monthly rental price for two bedroom apartments is $3,175 and an average price per square feet of $3.13. There are a total of 109 two bedroom apartment listings currently available for rent in Seattle.

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

Rent prices for rentals in Seattle, WA can fluctuate yearly. Specifically, studio rental prices have changed by 0.42%, one bedroom rental prices have changed by 0.40%, two bedroom rental prices have changed by 0.38%, and three bedroom rental prices have changed by 0.13% year-over-year.

What is a reasonable rent price in Seattle, WA?

A reasonable rent price in Seattle, WA is around $2,139/month. You can search for these reasonably priced rental listings on RentHop.