Last updated
Average Rent in Redmond, WA & Rent Trends
Rent prices and market trends across 4 apartment communities in Redmond, WA. Updated daily.
Market Average
$2,430/mo
Lowest Available
$1,814/mo
cheapest unit on market
Communities
4
tracked daily
Units Listed
56
available now
Price Cuts This Week in Redmond, WA
48 listed units across 3 buildings offering 1 bed units in Redmond, WA dropped their asking rent in the past 7 days, an average cut of $78/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Avalon Esterra Park | Unit 27 | $3,450 | $3,255 | $195 |
| Modera Overlake | Unit 718, A11 | $3,149 | $2,962 | $187 |
| Modera Overlake | Unit 221, S01 | $2,307 | $2,135 | $172 |
| Parkside Esterra Park | Unit S325, B2 | $3,433 | $3,285 | $148 |
| Parkside Esterra Park | Unit W420, B2 | $3,236 | $3,111 | $125 |
| Parkside Esterra Park | Unit E217, S1 | $2,149 | $2,041 | $108 |
| Parkside Esterra Park | Unit E628, B2 | $3,415 | $3,314 | $101 |
| Parkside Esterra Park | Unit S123, A2 | $2,714 | $2,614 | $100 |
Is Rent Going Up or Down in Redmond, WA?
As of August 2026, the average rent in Redmond, WA is $2,430 per month across 4 apartment communities and 56 available units.
The most affordable option is Parkside Esterra Park starting at $1,814/mo. By unit type, a 1-bedroom averages $2,430/mo.
Prices range from $1,814 to $3,163 per month. The most common price point is the $2,200 range, where 19 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Redmond, WA
Rent Prices by Apartment in Redmond, WA
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Parkside Esterra Park | $1,814/mo | $2,368/mo | 29 | 3.6 |
| Avalon Esterra Park | $2,155/mo | $2,401/mo | 14 | 4.1 |
| AVA Esterra Park | $2,251/mo | $2,251/mo | 2 | 4.3 |
| Modera Overlake | $2,352/mo | $2,666/mo | 11 | 3.8 |
Frequently Asked Questions About Rent in Redmond, WA
What is the average rent in Redmond, WA?
Is rent going up or down in Redmond, WA?
What is the cheapest apartment in Redmond, WA?
How much is a 1-bedroom apartment in Redmond, WA?
How many apartments are available in Redmond, WA?
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
$97,000/year
Based on the 30 percent rule, using our tracked average rent of $2,430/mo.
Comfortable income
$117,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,814/mo), you need to earn at least $73,000/year.
Median household income in Redmond, WA is $162,099 , about 39% 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) | $2,430 |
| Utilities | $652 |
| Groceries | $584 |
| Transportation | $1,553 |
| Healthcare | $758 |
| Other goods and services | $1,212 |
| Estimated total | $7,189/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.
Google Search Trends for Redmond, WA Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Redmond, WA Apartments
Browse all 4 communities with daily-updated pricing and availability.