Rental market snapshot for Seattle, Washington

Seattle, Washington Rental Property Market Overview

Seattle, Washington is a vibrant city with a population of 733,919 as of 2021, according to the US Census. It is a major port city located on the Puget Sound in the Pacific Northwest region of the United States. Seattle is known for its iconic skyline, its vibrant arts and culture scene, and its diverse population. It is home to many renowned companies, such as Amazon, Microsoft, and Starbucks, and is a popular tourist destination. Seattle is also known for its mild climate, outdoor recreation opportunities, and its many parks and green spaces.

The average rent for an apartment in Seattle is $2,522. 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 February 01, 2024

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Average monthly rent graph in Seattle Washington | Cost of Living

  • The most expensive ZIP code in Seattle is 98177 with an average price of $3,411.
  • The cheapest ZIP code in Seattle is 98126 with an average price of $1,929.

Seattle ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
198177$3,411
298101$3,208
398121$3,000
498199$2,684
598178$2,516
698144$2,320
798115$2,310
898104$2,310
998103$2,308
1098107$2,264

Live near Seattle, Washington's Top Sights and Attractions

The Martin Luther King Jr Memorial is a stunning monument located in Seattle, Washington. It features a large bronze statue of the civil rights leader, surrounded by a reflecting pool and granite walls inscribed with quotes from his famous speeches. The memorial is a powerful reminder of the legacy of Dr. King and his fight for justice and equality. Visitors can also take in the beautiful views of the surrounding area from the memorial's elevated platform.

T T Minor Playground is a public park located in Seattle, Washington. It features a large grassy field, a playground, and a picnic area with tables and benches. The playground has a variety of play structures, including swings, slides, and climbing equipment. There is also a basketball court, a sand volleyball court, and a wading pool. The park is a great place for families to spend time together, as it is well-maintained and has plenty of activities to keep everyone entertained.

Dahl Waldo J Playfield is a large outdoor park located in Seattle, Washington. It features a variety of activities, including a large playground, a basketball court, a baseball diamond, a soccer field, and a picnic area. The park also has a walking path, a pond, and a variety of trees and plants. The park is a great place to spend time outdoors with friends and family, and is a popular spot for local events and festivals.

Northeast Queen Anne Greenbelt is a lush, green oasis in the heart of a bustling metropolitan area. It is a popular spot for locals and visitors alike, offering a peaceful escape from the hustle and bustle of city life. The greenbelt is home to a variety of wildlife, including birds, deer, and other small animals. It features a network of trails, perfect for hiking, biking, and running. The greenbelt also offers stunning views of the surrounding area, making it a great spot for a picnic or a leisurely stroll.

Riverview Playfield is a large, grassy park located on a hillside overlooking a river. It features a variety of recreational activities, including a playground, picnic areas, a basketball court, a baseball diamond, and a soccer field. There is also a large open space for running, walking, and other activities. The park is surrounded by lush trees and shrubs, providing a peaceful and serene atmosphere.

Baker Park on Crown Hill is a popular outdoor destination located on a hilltop in Seattle. It features stunning views of the city skyline, the Puget Sound, and the Olympic Mountains. The park is home to a variety of recreational activities, including a playground, picnic areas, and a walking trail. It also has a large grassy area perfect for picnics, kite flying, and other outdoor activities. The park is also home to a variety of wildlife, including birds, squirrels, and other small animals.

Freeway Park is a 5.2 acre public park located in the heart of downtown. It features a unique combination of lush green spaces, cascading waterfalls, and a network of pathways and bridges that connect the park to the surrounding urban environment. The park is a popular destination for locals and visitors alike, offering a peaceful respite from the hustle and bustle of city life. Visitors can enjoy a variety of activities, including walking, jogging, picnicking, and bird watching. The park also features a variety of sculptures and art installations, making it a great place to explore and appreciate the beauty of nature.

Ravenna Woods is a lush, green forest located in the heart of Seattle. It is a popular destination for hikers, bikers, and nature lovers alike. The trails are well-maintained and offer stunning views of the surrounding area. The forest is home to a variety of wildlife, including deer, coyotes, and owls. The park also features a large pond, perfect for fishing, and several picnic areas. With its peaceful atmosphere and abundance of natural beauty, Ravenna Woods is a must-see for anyone visiting Seattle.

Volunteer Park is a lush, green oasis located on a hilltop in the heart of a bustling urban area. It features a stunning view of the surrounding skyline, a picturesque reservoir, a conservatory filled with exotic plants, a historic water tower, and a variety of walking paths. The park also has a playground, picnic areas, and a large open field perfect for sports and other activities.

Space Needle is an iconic tower located in Seattle, Washington. It stands at 605 feet tall and is the tallest structure in the city. It was built in 1962 for the World's Fair and has become a symbol of the city. It features an observation deck at the top, which offers 360-degree views of the city and surrounding area. There is also a rotating restaurant at the top, which offers a unique dining experience.

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
Fircrest$2,963
Auburn$2,683
Woodinville$2,405
Gig Harbor$2,400
Renton$2,395
Tukwila$2,199
Blaine$2,000
Pacific$1,845
Bremerton$1,775
Spokane Valley$1,472

Average household income in Seattle area graph - US Census

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The median household income in Seattle in 2021 was $105,391. This represents a 66.0% change from 2011 when the median was $63,470.

#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.

As of December , the average rent in Seattle is $2,522.
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