27 Furnished Apartments for rent in Seattle, WA

Last updated May 24 at 9:22pm UTC
220 NW 70th St
Phinney Ridge
Seattle, WA
Updated May 24 at 6:20pm UTC
4 Bedrooms
$3,395
10003 10th Ave SW
Seattle
Seattle, WA
Updated May 24 at 6:20pm UTC
2 Bedrooms
$2,300
12012 38th ave NE
Lake City
Seattle, WA
Updated May 24 at 11:06am UTC
1 Bedroom
$900
7305 16th Ave NW #B
Loyal Heights
Seattle, WA
Updated May 18 at 10:23am UTC
3 Bedrooms
$2,100
501 Roy St
Lower Queen Anne
Seattle, WA
Updated May 13 at 9:39am UTC
1 Bedroom
$1,995
2219 Eastlake Ave E #302
Eastlake
Seattle, WA
Updated May 12 at 10:10am UTC
2 Bedrooms
$2,195
1522 18th Ave
Minor
Seattle, WA
Updated May 8 at 9:57am UTC
2 Bedrooms
$6,500
Results within 5 miles of Seattle, WA
Results within 10 miles of Seattle, WA
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May 2018 Seattle Rent Report

Welcome to the May 2018 Seattle Rent Report. Seattle rents declined 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

May 2018 Seattle Rent Report

Welcome to the May 2018 Seattle Rent Report. Seattle rents declined 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 declined marginally over the past month

Seattle rents have declined 0.2% over the past month, but have been relatively flat at 0.2% in comparison to the same time last 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 2.2%, as well as the national average of 1.5%.

Rents rising across the Seattle Metro

While rents have remained steady in the city of Seattle throughout the past year, cities across the metro have seen a different trend. Rents have risen in all of 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 6.8%. The median two-bedroom there costs $1,720, while one-bedrooms go for $1,380.
  • Over the past month, Seattle proper has seen the biggest rent drop in the metro, with a decline of 0.2%. Median two-bedrooms there cost $1,650, while one-bedrooms go for $1,320.
  • Lakewood has the least expensive rents in the Seattle metro, with a two-bedroom median of $1,400; rents increased 4.8% over the past year but remained flat month-over-month.
  • Bellevue has the most expensive rents of the largest cities in the Seattle metro, with a two-bedroom median of $2,300; rents increased 0.5% over the past month and 0.7% over the past year.

Other large cities nationwide show more affordable rents compared to Seattle

Rent growth in Seattle has been relatively stable over the past year - some other large cities have seen more substantial increases; in contrast, rents in a few cities have actually declined. Compared to most other large cities across the country, Seattle is less affordable for renters.

  • Other cities across the state have seen rents moderately increase, with Washington as a whole logging rent growth of 2.2% over the past year. For example, rents have grown by 3.9% in Vancouver and 2.6% in Spokane.
  • Seattle's median two-bedroom rent of $1,650 is above the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the stagnant growth in Seattle.
  • While rents in Seattle remained moderately stable this year, similar cities saw increases, including Phoenix (+2.3%), Los Angeles (+2.1%), and Denver (+1.6%); note that median 2BR rents in these cities go for $1,030, $1,740, and $1,320 respectively.
  • Renters will generally find more expensive prices in Seattle than most similar cities. For example, Spokane has a median 2BR rent of $890, where Seattle is more than one-and-a-half times 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 -0.2% 0.2%
Tacoma $1,240 $1,540 0.1% 4.0%
Bellevue $1,850 $2,300 0.5% 0.7%
Everett $1,310 $1,630 0.6% 2.4%
Kent $1,430 $1,780 0.6% 4.3%
Renton $1,630 $2,030 0.7% 2.3%
Federal Way $1,380 $1,720 0.6% 6.8%
Auburn $1,320 $1,640 0.0% 3.0%
Marysville $1,370 $1,700 -0.0% 1.7%
Lakewood $1,130 $1,400 0.4% 4.8%
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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.