Rental market snapshot for Seattle, Washington

Seattle, Washington Rental Property Market Overview

The average rent for an apartment in Seattle is $2,501. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has increased by 5.8% over the past year.

Seattle is a major city in the Pacific Northwest region of the United States. It is the largest city in the state of Washington and the seat of King County. Seattle is the eighth-largest port in the United States and is situated on an isthmus between Puget Sound (an inlet of the Pacific Ocean) and Lake Washington, about 100 miles (160 km) south of the Canada–United States border. A major gateway for trade with Asia, Seattle is the fourth-largest port in North America in terms of container handling as of 2015. The Seattle area was previously inhabited by Native Americans for at least 4,000 years before the first permanent European settlers. Arthur A. Denny and his group of travelers, subsequently known as the Denny Party, arrived at Alki Point on November 13, 1851. The settlement was moved to its current site on Elliott Bay in 1853.

Last Updated December 23, 2022

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Average monthly rent graph in Seattle Washington | Cost of Living

  • The most expensive ZIP Code in Seattle is 98168 with an average price of $3,445
  • The cheapest ZIP Code in Seattle is 98125 with an average price of $1,393

Seattle ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
198168$3,445
298146$2,800
398121$2,600
498178$2,595
598109$2,567
698101$2,445
798107$2,273
898106$2,204
998104$2,181
1098144$2,176

Live near Seattle, Washington's Top Sights and Attractions

The Martin Luther King Jr Memorial is a large stone monument with a statue of Dr. King in the center, surrounded by a reflecting pool and stone walls with quotes from his speeches.

T T Minor Playground is a public park located in the Capitol Hill neighborhood of Seattle, Washington. The park features a playground, a basketball court, a picnic area, and a walking trail.

Dahl Waldo J Playfield is a large, open park with a playground, a basketball court, and a picnic area. The park is located in the Capitol Hill neighborhood of Seattle, Washington.

Northeast Queen Anne Greenbelt is a large park with plenty of trees and open space. There are walking trails, a playground, and a basketball court.

Riverview Playfield is a large park located in the north end of Seattle with sweeping views of the city and Elliott Bay. The park has a playground, a spray park, a wading pool, a picnic area, a basketball court, a softball field, and a tennis court.

Baker Park on Crown Hill is a beautiful park with a great view of the city. The park has a playground, a picnic area, and a walking trail.

Freeway Park is a 5-acre (2.0 ha) park located atop a freeway tunnel in downtown Seattle, Washington, United States. The park was designed by landscape architect Lawrence Halprin and built in 1976. It is considered an early example of Halprin's "mountain and valley" approach to landscape design, which he later used at sites such as Ghirardelli Square in San Francisco and the Franklin Delano Roosevelt Memorial in Washington, D.C.

Ravenna Woods is a forested park with hiking trails and a creek running through it. The park is located in the University District of Seattle.

Seattle, Washington area median rent change by ZIP Code map

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How does Seattle compare to other cities in Washington ?

citymedian price
Sammamish$3,180
Kirkland$3,400
Burlington$2,006
Richland$1,595
Duvall$2,975
Lake Stevens$2,745
Pacific$2,245
Brier$3,000
Cheney$1,200

Average household income in Seattle area graph - US Census

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The median household income in Seattle in 2021 was $97,185. This represents a 57.1% change from 2011 when the median was $61,856.

#categorypercent
0Less than $10,0005.1%
1$10,000 to $14,9993.3%
2$15,000 to $19,9992.4%
3$20,000 to $24,9992.5%
4$25,000 to $29,9992.3%
5$30,000 to $34,9992.7%
6$35,000 to $39,9992.6%
7$40,000 to $44,9992.9%
8$45,000 to $49,9992.8%
9$50,000 to $59,9995.8%
10$60,000 to $74,9997.8%
11$75,000 to $99,99911.0%
12$100,000 to $124,9999.9%
13$125,000 to $149,9998.5%
14$150,000 to $199,99910.9%
15$200,000 or more19.6%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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