Summit Lake, WA Rental Market Trends
Last updated: February 19, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Summit Lake is $1,675, a 9.18% increase compared to the previous year, when the average rent was $1,535.
One-bedroom apartments provide 657 square feet for $1,516, balancing privacy and affordability.
Two-beedroom units at $1,786 offer 970 square feet, perfect for roommates or small families.
Average rent in Summit Lake, WA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,675 | 845 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,516 | 657 sq. ft. |
| 2 Beds | $1,786 | 970 sq. ft. |
| 3 Beds | n/a | n/a |
Summit Lake, WA rent trends
Rental prices in Summit Lake, WA have increased by 9.18% over the past year. The average rent moved from $1,535 to $1,675.
What's the typical rent budget in Summit Lake, WA?
The largest share of rentals in Summit Lake, WA (75%) 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 Summit Lake, WA?
5,260 or 36% of the households in Summit Lake, WA are renter-occupied while 9,558 or 65% are owner-occupied.
How Summit Lake Compares to Other Cities
| City | Average Rent |
|---|---|
| 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 |
| Summit Lake | $1,675 |
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 Summit Lake 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.