Average Rent in Washington

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Current Versus Historical Washington Rents

Washington rentals average $1,920 for a studio rental to $4,000 for a 4-bedroom rental. The median price of all currently available listings is $2,650, 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 $657 (51.77%) year-over-year from $1,268 to $1,925. 1-bedroom rentals prices have increased by $615 (39.70%) year-over-year from $1,548 to $2,163. 2-bedroom rentals prices have increased by $666 (36.33%) year-over-year from $1,834 to $2,500. 3-bedroom rentals prices have increased by $520 (21.40%) year-over-year from $2,430 to $2,950. 4-bedroom rentals prices have increased by $720 (23.00%) year-over-year from $3,130 to $3,850. 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 10.78% this month. 1-bedroom rents have gone up by 4.21% this month. 2-bedroom rents have gone up by 4.79% this month. 3-bedroom rents have gone up by 0.20% this month. 4-bedroom rents have gone up by 4.52% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.37 $1,925 $1,268 (51.77%) $1,706 (12.86%)
1 BR $3.06 $2,163 $1,548 (39.70%) $1,483 (45.82%)
2 BR $2.92 $2,500 $1,834 (36.33%) $1,741 (43.61%)
3 BR $2.51 $2,950 $2,430 (21.40%) $2,215 (33.18%)
4+ BR N/A $3,850 $3,130 (23.00%) $2,882 (33.60%)

Historical Rents in Washington

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Washington

There are a total of 3 cities nearby Washington. The average rent in Washington 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 Washington is Bellevue, WA. Monthly rents here are on average $3,200 per month.

Let's compare Washington's rent against other top cities nearby by bedroom size. Typically, rent for studios in Washington is 8.49% more expensive than other cities nearby. One bedrooms are about 6.86% more affordable. Two bedrooms in Washington are about 9.34% more affordable. Finally, rent for three bedrooms are about 16.99% more affordable. Want more information? Check out the top 3 cities near Washington 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 Washington

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

The average rent for these 2 neighborhoods in or near Washington 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 Washington, 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 Washington. 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 Washington

There are a total of 2 counties located by Washington. The average rent for rentals in these counties is $2,899. That's roughly around $3 per sqft. The county that is the most affordable is King, WA. It's average rent per month is $2,798. Vice versa, with an average rent of $3,000, Snohomish, WA is the most expensive county by Washington.

Typically, rent for studios in Washington is 45.96% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Washington is 1.84% more affordable than other counties nearby. Finally, rent for two bedrooms in Washington is 3.32% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
King, WA $1,865 $2,150 $2,995 $2,798
Snohomish, WA $3,740 $1,948 $2,243 $3,000

Top Zipcodes Near Washington

There are a total of 2 zipcodes in or near Washington. 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 Washington 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 Washington. 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 - Washington Average Rents

What is the average rent price in Washington?
The average monthly rental price for Washington apartments for rent is approximately $2,650. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Washington 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 Washington.
How much is a studio apartment in Washington?
The average monthly rental price for studio apartments is $1,920 and an average price per square feet of $3.37. There are a total of 143 studio apartment listings currently available for rent in Washington.
How much is a one bedroom apartment in Washington?
The average monthly rental price for one bedroom apartments is $2,012 and an average price per square feet of $3.06. There are a total of 281 one bedroom apartment listings currently available for rent in Washington.
How much is a two bedroom apartment in Washington?
The average monthly rental price for two bedroom apartments is $2,709 and an average price per square feet of $2.92. There are a total of 257 two bedroom apartment listings currently available for rent in Washington.
How have rent prices in Washington changed this year?
Rent prices for rentals in Washington can fluctuate yearly. Specifically, studio rental prices have changed by 0.52%, one bedroom rental prices have changed by 0.40%, two bedroom rental prices have changed by 0.36%, and three bedroom rental prices have changed by 0.21% year-over-year.
What is a reasonable rent price in Washington?
A reasonable rent price in Washington is around $2,120/month. You can search for these reasonably priced rental listings on RentHop.
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