Renton, WA Rental Market Trends
Last updated: February 17, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Renton is $2,122, a 1.19% decrease compared to the previous year, when the average rent was $2,147.
Studio Apartments at $1,621 offer the most budget-friendly option with 483 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 690 square feet for $1,857, balancing privacy and affordability.
Two-beedroom units at $2,270 offer 990 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,269 sq ft) for $2,756, suitable for larger households.
Average rent in Renton, WA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,122 | 873 sq. ft. |
| Studio | $1,621 | 483 sq. ft. |
| 1 Bed | $1,857 | 690 sq. ft. |
| 2 Beds | $2,270 | 990 sq. ft. |
| 3 Beds | $2,756 | 1,269 sq. ft. |
Renton, WA rent trends
Rental prices in Renton, WA have decreased by 1.19% over the past year. The average rent moved from $2,147 to $2,122.
What's the typical rent budget in Renton, WA?
The largest share of rentals in Renton, WA (42%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Renton, WA?
18,619 or 45% of the households in Renton, WA are renter-occupied while 22,632 or 55% are owner-occupied.
Most affordable neighborhoods in Renton?
Cedar River $1,848/month
Highlands $1,864/month
Valley $1,908/month
All of these neighborhoods fall below the city wide average of $2,122/month.Most expensive neighborhoods in Renton?
Downtown Renton $2,372/month
Newcastle $2,385/month
Kennydale $2,636/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Renton, WA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Kennydale | $2,636 |
| Newcastle | $2,385 |
| Downtown Renton | $2,372 |
| Benson | $2,109 |
| East Plateau | $2,108 |
| Talbot | $2,078 |
| Valley | $1,908 |
| Highlands | $1,864 |
| Cedar River | $1,848 |
Renton | Rent Comparison by Neighborhood
Rent in Benson is 14% higher than in Cedar River
Benson rent is 1% lower than Renton average
Cedar River rent is 13% lower than Renton average
How Renton Compares to Other Cities
| City | Average Rent |
|---|---|
| Renton | $2,122 |
| Seattle | $2,242 |
| Tacoma | $1,744 |
| Pullman | $1,424 |
| Vancouver | $1,737 |
| Spokane | $1,397 |
| Everett | $1,849 |
| Bellevue | $2,716 |
| Kent | $1,907 |
| Kirkland | $2,510 |
| Lynnwood | $2,094 |
| Federal Way | $1,881 |
| Redmond | $2,533 |
| Bothell | $2,272 |
| Puyallup | $2,022 |
| Auburn, WA | $1,850 |
| Issaquah, WA | $2,743 |
| Fife, WA | $1,832 |
| SeaTac, WA | $1,746 |
| Shoreline, WA | $2,007 |
| Burien, WA | $1,913 |
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 Renton 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.