Downtown Seattle, Seattle, WA Rental Market Trends
Last updated: February 23, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Downtown Seattle is $2,582, a 0.41% increase compared to the previous year, when the average rent was $2,571.
Studio Apartments at $1,611 offer the most budget-friendly option with 447 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 686 square feet for $2,513, balancing privacy and affordability.
Two-beedroom units at $3,776 offer 1,080 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,592 sq ft) for $5,910, suitable for larger households.
Average rent in Downtown Seattle, Seattle, WA
Last updated: February 23, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,582 | 715 sq. ft. |
| Studio | $1,611 | 447 sq. ft. |
| 1 Bed | $2,513 | 686 sq. ft. |
| 2 Beds | $3,776 | 1,080 sq. ft. |
| 3 Beds | $5,910 | 1,592 sq. ft. |
Downtown Seattle, Seattle, WA rent trends
Rental prices in Downtown Seattle, Seattle, WA have increased by 0.41% over the past year. The average rent moved from $2,571 to $2,582.
What's the typical rent budget in Downtown Seattle, Seattle, WA?
The largest share of rentals in Downtown Seattle, Seattle, WA (28%) 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 Downtown Seattle, Seattle, WA?
21,945 or 83% of the households in Downtown Seattle, Seattle, WA are renter-occupied while 4,529 or 17% are owner-occupied.
Most affordable neighborhoods in Downtown Seattle?
Wedgwood $1,637/month
South Des Moines $1,668/month
Bitter Lake $1,673/month
All of these neighborhoods fall below the city wide average of $2,242/month.Most expensive neighborhoods in Downtown Seattle?
Ravenna $2,814/month
Belltown $2,836/month
Seattle Central Business District $3,090/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 | $3,090 |
| Belltown | $2,836 |
| Ravenna | $2,814 |
| South Lake Union | $2,747 |
| Central Waterfront | $2,698 |
| Pike Market | $2,651 |
| Pioneer Square | $2,588 |
| Westlake | $2,587 |
| Green Lake | $2,563 |
| Fremont | $2,403 |
| East Queen Anne | $2,398 |
| Wallingford | $2,388 |
| Crown Hill | $2,345 |
| Eastlake | $2,288 |
| South Delridge | $2,265 |
| Ballard | $2,248 |
| Genesee | $2,232 |
| West Woodland | $2,225 |
| Lower Queen Anne | $2,221 |
| Atlantic | $2,199 |
| West Queen Anne | $2,183 |
| North City | $2,175 |
| First Hill | $2,170 |
| Columbia City | $2,163 |
| North Admiral | $2,163 |
| North Queen Anne | $2,163 |
| Hillwood | $2,156 |
| Lawton Park | $2,151 |
| Stevens | $2,144 |
| Madison Park | $2,143 |
| Meridian Park | $2,130 |
| Maple Leaf | $2,123 |
| Greenwood | $2,120 |
| Broadway | $2,107 |
| University District | $2,107 |
| Fairmount Park | $2,102 |
| Minor | $2,099 |
| Yesler Terrace | $2,095 |
| Roosevelt | $2,074 |
| North Delridge | $2,056 |
| North College Park | $2,048 |
| Parkwood | $2,016 |
| Junction | $2,015 |
| Interbay | $2,002 |
| Haller Lake | $1,982 |
| Whittier Heights | $1,980 |
| Echo Lake | $1,963 |
| Portage Bay | $1,957 |
| Roxhill | $1,956 |
| Pinehurst | $1,948 |
| North Beacon Hill | $1,921 |
| High Point | $1,911 |
| Victory Heights | $1,838 |
| Richmond Highlands | $1,811 |
| Olympic Hills | $1,800 |
| Mann | $1,796 |
| Cedar Park | $1,795 |
| Brighton | $1,784 |
| Broadview | $1,776 |
| Central Des Moines | $1,773 |
| Ballinger | $1,706 |
| Loyal Heights | $1,704 |
| International District | $1,700 |
| Bitter Lake | $1,673 |
| South Des Moines | $1,668 |
| Wedgwood | $1,637 |
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Seattle | Rent Comparison by Neighborhood
Rent in Atlantic is 2% lower than in Ballard
$2,199
Atlantic rent is 15% lower than Seattle average
Average Rent
$2,199
$2,248
Ballard rent is 13% lower than Seattle average
Average Rent
$2,248
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 Downtown Seattle 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.