Belltown, Seattle, WA Rental Market Trends
Last updated: April 04, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Belltown is $2,866, a 2.37% increase compared to the previous year, when the average rent was $2,800.
Studio Apartments at $1,732 offer the most budget-friendly option with 458 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 707 square feet for $2,772, balancing privacy and affordability.
Two-beedroom units at $4,148 offer 1,082 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,590 sq ft) for $6,713, suitable for larger households.
Average rent in Belltown, Seattle, WA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,866 | 738 sq. ft. |
| Studio | $1,732 | 458 sq. ft. |
| 1 Bed | $2,772 | 707 sq. ft. |
| 2 Beds | $4,148 | 1,082 sq. ft. |
| 3 Beds | $6,713 | 1,590 sq. ft. |
Belltown, Seattle, WA rent trends
Rental prices in Belltown, Seattle, WA have increased by 2.37% over the past year. The average rent moved from $2,800 to $2,866.
What's the typical rent budget in Belltown, Seattle, WA?
The largest share of rentals in Belltown, Seattle, WA (41%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Belltown, Seattle, WA?
6,874 or 80% of the households in Belltown, Seattle, WA are renter-occupied while 1,766 or 20% are owner-occupied.
Most affordable neighborhoods in Belltown?
Mount Baker $1,075/month
Loyal Heights $1,599/month
Wedgwood $1,607/month
All of these neighborhoods fall below the city wide average of $2,235/month.Most expensive neighborhoods in Belltown?
Ravenna $2,776/month
Belltown $2,866/month
Seattle Central Business District $3,080/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Seattle, WA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Seattle Central Business District | $3,080 |
| Belltown | $2,866 |
| Ravenna | $2,776 |
| South Lake Union | $2,729 |
| Pike Market | $2,668 |
| Central Waterfront | $2,641 |
| Westlake | $2,591 |
| Pioneer Square | $2,584 |
| Green Lake | $2,534 |
| East Queen Anne | $2,468 |
| Crown Hill | $2,436 |
| Wallingford | $2,365 |
| Fremont | $2,325 |
| South Delridge | $2,275 |
| Genesee | $2,267 |
| Lower Queen Anne | $2,235 |
| Columbia City | $2,228 |
| Madison Park | $2,217 |
| North Admiral | $2,207 |
| Ballard | $2,205 |
| North City | $2,197 |
| Atlantic | $2,185 |
| Hillwood | $2,181 |
| Eastlake | $2,179 |
| North Queen Anne | $2,156 |
| Lawton Park | $2,156 |
| West Queen Anne | $2,155 |
| West Woodland | $2,152 |
| First Hill | $2,140 |
| Maple Leaf | $2,107 |
| Roxhill | $2,101 |
| Stevens | $2,096 |
| Meridian Park | $2,091 |
| Fairmount Park | $2,090 |
| University District | $2,088 |
| Minor | $2,086 |
| Broadway | $2,084 |
| Yesler Terrace | $2,083 |
| Echo Lake | $2,065 |
| North Delridge | $2,061 |
| Greenwood | $2,049 |
| Roosevelt | $2,045 |
| Junction | $2,019 |
| Parkwood | $1,993 |
| Haller Lake | $1,988 |
| Interbay | $1,971 |
| High Point | $1,945 |
| Whittier Heights | $1,942 |
| North College Park | $1,935 |
| Portage Bay | $1,933 |
| Pinehurst | $1,909 |
| North Beacon Hill | $1,882 |
| Mann | $1,845 |
| Central Des Moines | $1,785 |
| Cedar Park | $1,780 |
| Richmond Highlands | $1,772 |
| Broadview | $1,768 |
| Brighton | $1,762 |
| Olympic Hills | $1,749 |
| International District | $1,743 |
| Victory Heights | $1,716 |
| Bitter Lake | $1,699 |
| Ballinger | $1,689 |
| South Des Moines | $1,643 |
| Wedgwood | $1,607 |
| Loyal Heights | $1,599 |
| Mount Baker | $1,075 |
Seattle | Rent Comparison by Neighborhood
Rent in Belltown is 31% higher than in Atlantic
Belltown rent is the same as Seattle average
Atlantic rent is 24% lower than Seattle average
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 Belltown 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.