Rental market snapshot for Bellevue, Washington

Bellevue, Washington Rental Property Market Overview

Bellevue, Washington is a vibrant city located just east of Seattle. With a population of 149,440 as of 2021 according to the US Census, Bellevue is the fifth-largest city in the state of Washington. It is a hub of business and culture, with a thriving downtown area and a variety of attractions. Bellevue is also home to numerous parks, trails, and outdoor activities, making it a great place to live and visit.

The average rent for an apartment in Bellevue is $2,951. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Bellevue Washington | Cost of Living

  • The most expensive ZIP code in Bellevue is 98008 with an average price of $3,844.
  • The cheapest ZIP code in Bellevue is 98007 with an average price of $2,474.

Bellevue ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
198008$3,844
298006$3,282
398004$2,908
498005$2,600
598007$2,474

Live near Bellevue, Washington's Top Sights and Attractions

Downtown Park is a lush, green oasis in the heart of the city. It features a large lake, walking trails, and plenty of open space for picnics and outdoor activities. The park also has a playground, a carousel, and a variety of sculptures and artwork. In the summer, the park hosts a variety of concerts and festivals. The park is a great place to relax and enjoy the beauty of nature in the city.

Foresthill Neighborhood Park and Open Space is a beautiful outdoor area located in Bellevue, Washington. It features a variety of activities for visitors to enjoy, including a playground, picnic areas, and trails for walking and biking. The park also has a large open space with a pond and plenty of trees, making it a great spot for bird watching and wildlife viewing. The park is also home to a variety of native plants and trees, making it a great place to explore and learn about the local flora and fauna.

Sunich Property is a beautiful park located in Bellevue, Washington. It features a large lake surrounded by lush green grass and trees, making it a great spot for a picnic or a leisurely stroll. The park also has a playground for children, a basketball court, and a walking path that winds around the lake. The park is also home to a variety of wildlife, including ducks, geese, and other birds. Sunich Property is a great place to relax and enjoy the beauty of nature.

Vasa Park is a picturesque park located on the shores of Lake Washington. It features a large grassy area, a playground, and a beach with a swimming area. There are also picnic tables and grills, a boat launch, and a dock. The park is surrounded by tall trees and offers stunning views of the lake and the surrounding mountains. Visitors can also enjoy a variety of activities such as fishing, kayaking, and paddle boarding.

Robinswood Community Park is a sprawling green space located in the suburbs of the Pacific Northwest. It features a variety of outdoor activities, including a large playground, picnic areas, and a network of trails for walking, running, and biking. The park also has a lake with a fishing dock, a disc golf course, and a large open field perfect for sports and other activities. The park is surrounded by lush evergreen trees and offers stunning views of the surrounding landscape.

Wilburton Hill Community Park is a beautiful park located in the heart of Bellevue, Washington. It features a variety of outdoor activities, including a playground, picnic areas, walking trails, and a large open field. The park also has a pond, which is home to a variety of wildlife, including ducks, geese, and turtles. The park is a great place to spend a day with family and friends, and is a popular spot for outdoor events.

Bellevue Art Museum is a modern art museum located in the heart of Bellevue. It features a wide range of art from around the world, including works from the Pacific Northwest, Asia, Europe, and the Americas. The museum also hosts a variety of events, including lectures, workshops, and family activities. It is a great place to explore the world of art and culture.

Se 40Th Street Boat Ramp is a public boat launch located on the shores of Lake Washington in Bellevue, Washington. It features a large, paved boat ramp and plenty of parking for vehicles and trailers. The boat ramp is open year-round and is a popular spot for fishing, boating, and other water activities. The area also offers stunning views of the lake and the surrounding area.

Mercer Slough Nature Park is a 320-acre wetland nature preserve located in the heart of the Puget Sound region. It is home to a variety of wildlife, including beavers, otters, and over 200 species of birds. Visitors can explore the park's trails, boardwalks, and observation decks, and take part in educational programs and activities. The park also features a variety of habitats, including wetlands, meadows, and forests, and is a great place for bird watching, fishing, and kayaking.

Newcastle Beach Park is a picturesque waterfront park located on the shores of Lake Washington. It features a sandy beach, a playground, picnic tables, and a boat launch. The park also has a walking path that winds through the trees, offering stunning views of the lake. Visitors can also enjoy a variety of water activities such as swimming, fishing, kayaking, and stand-up paddleboarding. The park is a great place to relax and take in the beauty of the lake and surrounding area.

Bellevue, Washington area median rent change by ZIP code map

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How does Bellevue compare to other cities in Washington?

citymedian price
Maple Valley$2,912
Marysville$2,695
Anacortes$2,300
Mill Creek$2,220
Burlington$2,101
Bellingham$1,875
Spokane$1,475

Average household income in Bellevue area graph - US Census

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The median household income in Bellevue in 2021 was $140,252. This represents a 59.2% change from 2011 when the median was $88,073.

#categorypercent
0Less than $10,0003.0%
1$10,000 to $14,9991.9%
2$15,000 to $19,9991.9%
3$20,000 to $24,9991.5%
4$25,000 to $29,9991.6%
5$30,000 to $34,9991.4%
6$35,000 to $39,9991.7%
7$40,000 to $44,9992.3%
8$45,000 to $49,9991.6%
9$50,000 to $59,9993.9%
10$60,000 to $74,9995.9%
11$75,000 to $99,99911.1%
12$100,000 to $124,99910.8%
13$125,000 to $149,9998.5%
14$150,000 to $199,99913.9%
15$200,000 or more29.1%

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.

As of February , the average rent in Bellevue is $2,951.
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