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Apartments for Rent in 98040, WA

173 Rentals Available
Apartments for Rent in 98040, WA. 173 Rentals Available
  • a dining room with a table and chairs and a living room
    Today

    7650 SE 27Th Street, Mercer Island, WA 98040
    STUDIO $2,010+
    1 BED $2,860+
    2 BEDS $3,840+
  • a living room and kitchen with a couch and a table
    Today

    2630 77Th Avenue SE, Mercer Island, WA 98040
    STUDIO $1,968+
    1 BED $2,371+
    2 BEDS $3,955+

  • More Rentals Near 98040, WA

  • a living room with a couch and chairs and a dining room table
    Today

    4601 S Graham Street, Seattle, WA 98118
    1 BED $1,467+
    2 BEDS $1,912+
    3 BEDS $2,630
  • a small kitchen with a stove and a refrigerator
    Today

    4902 RAINIER AVE S, SEATTLE, WA 98118
    Income Restricted
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
  • a living room and kitchen with a couch and a table
    Today

    3701 S. Hudson St., Seattle, WA 98118
    1 BED $1,687+
    2 BEDS $2,948+
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  • a kitchen with white appliances and wooden cabinets
    Today

    3616 36TH AVE S, SEATTLE, WA 98199
    Income Restricted
    1 BED $943+
    2 BEDS Ask for Pricing
  • a living room with a couch and a bed and a tv
    Today

    4525 Rainier Ave S, Seattle, WA 98118
    STUDIO $1,199
  • an apartment building with cars parked in front of it
    Today

    5033 37TH AVENUE S, SEATTLE, WA 98118
    Income Restricted
    1 BED Ask for Pricing
  • a building with many balconies and a fence in front of it
    Today

    3642 33RD AVENUE S, SEATTLE, WA 98144
    Income Restricted
    1 BED $1,045+
    2 BEDS $1,065+
    3 BEDS Ask for Pricing
  • a green apartment building with a columbia garden sign
    Today

    3610 33RD AVE S, SEATTLE, WA 98144
    Income Restricted
    1 BED $1,456
    2 BEDS $1,303+
  • a tall building with a sign on the front of it
    Today

    3621 33RD AVE SOUTH, SEATTLE, WA 98144
    Income Restricted
    1 BED $1,049+
    2 BEDS $1,269+
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  • a kitchen with wooden cabinets and white appliances and a window
    Today

    5900 37Th Ave S, Seattle, WA 98118
    Income Restricted
    2 BEDS $1,800
  • an apartment building with graffiti on the side of it
    Today

    5031 MARTIN LUTHER KING JR WAY S, SEATTLE, WA 98118
    Income Restricted
    2 BEDS Ask for Pricing
  • the lobby of a building with a staircase and chairs and a living room
    Today

    3000 S Alaska Street, Seattle, WA 98108
    STUDIO Ask for Pricing
    1 BED $1,835+
    2 BEDS $2,750
  • a large building on the corner of a street with a traffic light
    Today

    3333 RAINIER AVE S, SEATTLE, WA 98144
    Income Restricted
    1 BED $1,456
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • a kitchen with a sink and a microwave
    Today

    2939 SOUTH MT BAKER BLVD, SEATTLE, WA 98144
    Income Restricted
    STUDIO $871+
  • a living room with a couch and chairs and a fireplace
    Today

    3005 125Th Ave SE, Bellevue, WA 98005
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • Interactive banner bedroom
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  • an empty living room and kitchen with a white carpet
    Today

    3904 MARTIN LUTHER KING JR WAY, SEATTLE, WA 98108
    Income Restricted
    1 BED $1,088+
    2 BEDS Ask for Pricing
  • a living room with a couch and a table
    Today

    2900 S MCCLELLAN ST, SEATTLE, WA 98144
    Income Restricted
    1 BED $1,053
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • a kitchen with white cabinets and a stainless steel refrigerator
    Today

    2807 S Hanford Street, Seattle, WA 98144
    STUDIO $1,150+
  • a living room with a couch and a table
    Today

    4249 129Th Place SE, Bellevue, WA 98006
    2 BEDS $3,437
    3 BEDS $3,825
  • a walk in closet with white cabinets and shelves and a living room with a table
    Today

    2810 S Mcclellan Street, Seattle, WA 98144
    Income Restricted
    STUDIO $1,097+
    1 BED Ask for Pricing
    2 BEDS $1,969
  • a living room with a couch and a table with chairs
    Today

    4200 S Othello St, Seattle, WA 98118
    STUDIO $1,395
    1 BED $1,485+
    2 BEDS $2,229+
  • a living room with a couch and a coffee table and a fireplace
    Today

    7920 110Th Ave SE, Newcastle, WA 98056
    2 BEDS $2,557+
  • a living room with a couch and a table
    Today

    7930 RAINIER AVE S, SEATTLE, WA 98118
    STUDIO $1,164
    1 BED $1,244
    2 BEDS $1,792
2-23-zipcode
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98040 rent trends

Rental prices in 98040 have increased by 0.17% over the past year. The average rent moved from $2,632 to $2,636.

Average rent in 98040

$2,636/mo 98040 average rental price, January 2026
Image Average Rent

    What's the typical rent budget in 98040?

    The largest share of rentals in 98040 (43%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in 98040, WA

    14 /100
    Car-Dependent
    21 /100
    Minimal Transit
    9 /100
    Somewhat Bikeable
    Walk Score®: 14, Transit Score®: 21, Bike Score®: 9

    Frequently asked questions

    When were prices and availability in 98040 last updated?

    Prices and availability in 98040 were last updated on 22 Feb 2026.

    What are the best apartments in 98040?

    The best apartments in 98040 are: The Mercer Apartment Homes and 77 Central.

    What is the average rent in 98040?

    The average rent in 98040 is $2,599.

    What is the price range for a studio apartment in 98040?

    The price range for a studio apartment in 98040 is between $1,968 and $2,986.

    What is the price range for a 1-bedroom apartment in 98040?

    The price range for a 1-bedroom apartment in 98040 is between $2,371 and $5,307.

    What is the price range for a 2-bedroom apartment in 98040?

    The price range for a 2-bedroom apartment in 98040 is between $3,845 and $5,603.

    What is the price range for a 3-bedroom apartment in 98040?

    The price range for a 3-bedroom apartment in 98040 is between $1,968 and $4,055.

    What type of rental buildings are in 98040?

    In 98040 34% of the housing is rented out compared to 66% of homes are owned, according to the most recent Census Bureau estimates. 40% of 98040's apartments are found in large buildings of 50 units or more, 41% are located in smaller apartment complexes with less than 50 units, and 20% are single-family rentals.

    98040 demographics

    • 25,282Total Population
    • 13,539 Female
      11,743 Male
    • 45Median Age

    98040 households

    • 7,025 Family
      2,868 Non-family
    • 3,229 Children
      6,664 No Children
    • 9,893Total Number of Households
    • 2Average People Per Household
    • $202,359Median Household Income

    98040 education statistics

    RentCafe is your one-stop shop for finding a great new apartment in the 98040 zip code. Easily search through a wide selection of apartments for rent in 98040, WA and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you're interested in. Rents for apartments in 98040 start at $871. Browse apartment listings in 98040 and submit your rental application today!

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