Average Rent in Redmond WA
3 apartment buildings, 42 units. Real prices pulled from each property's leasing system this morning.
Avg Rent
$2,621/mo
Cheapest
$1,806/mo
Properties
3
Units
42
Analysis
Rent Price Breakdown
Compare pricing across all 3 properties in Redmond WA.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Redmond WA Rent Prices
All 3 properties ranked by lowest available rent.
Parkside Esterra Park
15551 NE Turing St, Redmond, WA 98052, USA
Avalon Esterra Park
2690 152nd Ave NE, Redmond, WA 98052, USA
Modera Overlake
15350 NE Bel Red Rd, Redmond, WA 98052, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Parkside Esterra Park 15551 NE Turing St, Redmond, WA 98052, USA | $1,806 | $2,660 | $3.22 | 3.6 | 37 |
| 2 | Avalon Esterra Park 2690 152nd Ave NE, Redmond, WA 98052, USA | $2,035 | $2,328 | $4.05 | 4.1 | 5 |
| 3 | Modera Overlake 15350 NE Bel Red Rd, Redmond, WA 98052, USA | -- | -- | -- | 3.8 | 0 |
Explore Each Property
Redmond WA Average Rent Prices 2026
The average rent in Redmond WA is $2,621 per month, based on 42 units across 3 apartment communities. Prices range from $1,806 at Parkside Esterra Park to $2,035 at Avalon Esterra Park.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $2,035/mo | $1,806/mo | 6 |
| 1 Bed | $2,432/mo | $1,906/mo | 25 |
| 2 Bed | $3,367/mo | $2,602/mo | 11 |
Every price comes directly from each property's leasing system, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in Redmond WA, and what they pay
Tracked one-bedroom rent in Redmond WA averages $2,432/mo, with two-bedroom units averaging $3,367/mo. At the local median household income of $162,099, that works out to 19% of gross income, well within the 25 percent comfortable-rent threshold.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Redmond WA at $2,343/mo. The current tracked market average runs 12% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Redmond WA while the tracked market average covers units currently listed in larger apartment communities.
Who employs renters in Seattle
Demand in the Seattle rental market is shaped by the metro's largest private and public employers. The following organizations anchor local hiring and influence what renters can pay:
- Microsoft
- Nintendo of America
Mean one-way commute in Redmond WA is 23 minutes, per the Census ACS, useful context when weighing which properties sit inside reasonable reach of these employers.
What salary do I need to live comfortably in Redmond WA?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$105,000/year
30 percent rule -- using our average rent of $2,621/mo.
Comfortable income
$126,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,806/mo), you need to earn at least $72,000/year.
Median household income in Redmond WA is $162,099 , about 29% above the comfortable-living threshold.
Cost of living in Redmond WA
Overall prices in Redmond WA runs above the national average by about 13% (BEA Regional Price Parity index 112.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Redmond WA's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,621 |
| Utilities | $652 |
| Groceries | $584 |
| Transportation | $1,553 |
| Healthcare | $758 |
| Other goods and services | $1,212 |
| Estimated total | $7,380/mo |
Population
75,721
Median household income
$162,099
Census median rent
$2,343/mo
Rent as % of income
23.0%
Median age
35.0
Mean commute
23 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Rent Trends in Redmond WA
Track how apartment prices are changing over time.
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