Redmond, WA Rental Market Trends
Last updated: February 22, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Redmond is $2,533, a 0.51% decrease compared to the previous year, when the average rent was $2,547.
Studio Apartments at $1,941 offer the most budget-friendly option with 508 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 694 square feet for $2,276, balancing privacy and affordability.
Two-beedroom units at $2,879 offer 1,028 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,290 sq ft) for $3,448, suitable for larger households.
Average rent in Redmond, WA
Last updated: February 22, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,533 | 834 sq. ft. |
| Studio | $1,941 | 508 sq. ft. |
| 1 Bed | $2,276 | 694 sq. ft. |
| 2 Beds | $2,879 | 1,028 sq. ft. |
| 3 Beds | $3,448 | 1,290 sq. ft. |
Redmond, WA rent trends
Rental prices in Redmond, WA have decreased by 0.51% over the past year. The average rent moved from $2,547 to $2,533.
What's the typical rent budget in Redmond, WA?
The largest share of rentals in Redmond, WA (41%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Redmond, WA?
17,540 or 55% of the households in Redmond, WA are renter-occupied while 14,457 or 45% are owner-occupied.
How Redmond Compares to Other Cities
| City | Average Rent |
|---|---|
| Redmond | $2,533 |
| Seattle | $2,242 |
| Tacoma | $1,744 |
| Pullman | $1,424 |
| Vancouver | $1,737 |
| Spokane | $1,397 |
| Everett | $1,849 |
| Bellevue | $2,716 |
| Kent | $1,907 |
| Renton | $2,122 |
| Kirkland | $2,510 |
| Lynnwood | $2,094 |
| Bothell | $2,272 |
| Auburn, WA | $1,850 |
| Edmonds, WA | $1,903 |
| Issaquah, WA | $2,743 |
| Mountlake Terrace, WA | $2,006 |
| SeaTac, WA | $1,746 |
| Shoreline, WA | $2,007 |
| Burien, WA | $1,913 |
| Des Moines, WA | $1,784 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Redmond apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.