39 Furnished Apartments for rent in Seattle, WA

Last updated July 21 at 6:39am UTC
4281 36th Ave. SW A
Fairmount Park
Seattle, WA
Updated July 9 at 2:47pm UTC
2 Bedrooms
$2,700
103 Bellevue Avenue E # 505
Capitol Hill
Seattle, WA
Updated July 7 at 4:07pm UTC
1 Bedroom
$1,875
11018 NE 27th Avenue
Meadowbrook
Seattle, WA
Updated July 6 at 7:33am UTC
3 Bedrooms
$2,450
2901 NE Blakeley ST #431
Ravenna
Seattle, WA
Updated July 18 at 10:17am UTC
1 Bedroom
$1,999
917 NE 72nd St
Roosevelt
Seattle, WA
Updated July 20 at 5:13pm UTC
2 Bedrooms
$2,400
Results within 5 miles of Seattle, WA
6710 Greenwood Ave N
Phinney Ridge
Seattle, WA
Updated July 17 at 5:28pm UTC
2 Bedrooms
$2,195
411 N 63rd St
Phinney Ridge
Seattle, WA
Updated July 11 at 1:28am UTC
1 Bedroom
$1,395
501 Roy St
Lower Queen Anne
Seattle, WA
Updated July 4 at 9:16am UTC
1 Bedroom
$1,995
3843 Fremont Ave N
Fremont
Seattle, WA
Updated July 17 at 5:19pm UTC
1 Bedroom
$1,470

July 2018 Seattle Rent Report

Welcome to the July 2018 Seattle Rent Report. Seattle rents remained steady over the past month. In this report, we'll evaluate trends in the Seattle rental market, including comparisons to cities throughout the metro, state, and nation.

View full Seattle Rent Report
Rent Report
Seattle

July 2018 Seattle Rent Report

Welcome to the July 2018 Seattle Rent Report. Seattle rents remained steady over the past month. In this report, we'll evaluate trends in the Seattle rental market, including comparisons to cities throughout the metro, state, and nation.

Seattle rents increased over the past month

Seattle rents have remained steady over the past month, but have decreased significantly by 2.0% year-over-year. Currently, median rents in Seattle stand at $1,320 for a one-bedroom apartment and $1,650 for a two-bedroom. Seattle's year-over-year rent growth lags the state average of 0.9%, as well as the national average of 1.4%.

Rents rising across the Seattle Metro

While rent prices have decreased in Seattle over the past year, the rest of the metro is seeing the opposite trend. Rents have risen in 9 of the largest 10 cities in the Seattle metro for which we have data. Here's a look at how rents compare across some of the largest cities in the metro.

  • Federal Way has seen the fastest rent growth in the metro, with a year-over-year increase of 7.0%. The median two-bedroom there costs $1,730, while one-bedrooms go for $1,390.
  • Over the past year, Seattle proper is the only city in the metro that has seen rents fall, with a decline of 2.0%. Median two-bedrooms there cost $1,650, while one-bedrooms go for $1,320.
  • Bellevue has the most expensive rents of the largest cities in the Seattle metro, with a two-bedroom median of $2,330; rents rose 0.5% over the past month but remained flat year-over-year.
  • Lakewood has the least expensive rents in the Seattle metro, with a two-bedroom median of $1,430; rents increased 0.6% over the past month and 5.1% over the past year.

Similar cities nationwide show more affordable rents compared to Seattle

As rents have fallen significantly in Seattle, many similar cities nationwide have seen prices increase, in some cases substantially. Compared to most other large cities across the country, Seattle is less affordable for renters.

  • Other cities across the state have seen rents slightly increase, with Washington as a whole logging rent growth of 0.9% over the past year. For example, rents have grown by 3.1% in Vancouver and 0.7% in Spokane.
  • Seattle's median two-bedroom rent of $1,650 is above the national average of $1,180. Nationwide, rents have grown by 1.4% over the past year compared to the 2.0% decline in Seattle.
  • While rents in Seattle fell significantly over the past year, many cities nationwide saw increases, including Phoenix (+2.3%), New York (+1.7%), and Los Angeles (+1.6%).
  • Renters will generally find more expensive prices in Seattle than most similar cities. For example, Spokane has a median 2BR rent of $870, where Seattle is nearly twice that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Seattle $1,320 $1,650 0.1% -2.0%
Tacoma $1,240 $1,540 -0.1% 2.0%
Bellevue $1,870 $2,330 0.5% 0.1%
Everett $1,350 $1,680 1.3% 3.1%
Kent $1,460 $1,820 0.9% 3.8%
Renton $1,650 $2,060 0.7% 2.0%
Federal Way $1,390 $1,730 0.3% 7.0%
Auburn $1,330 $1,660 -0.2% 2.7%
Marysville $1,370 $1,710 0.0% 1.7%
Lakewood $1,150 $1,430 0.6% 5.1%
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Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.