Last updated
Average Rent in Seattle 98121 & Rent Trends
Rent prices and market trends across 6 apartment communities in Seattle 98121, Seattle, WA. Updated daily.
Market Average
$3,251/mo
▼ 16.9% from last month
Lowest Available
$2,289/mo
cheapest unit on market
Communities
6
tracked daily
Units Listed
48
available now
Seattle 98121 vs Seattle, WA Average
Seattle 98121 is more expensive the Seattle, WA average by $342/mo (12%). The citywide average is $2,909/mo across all neighborhoods.
Is Rent Going Up or Down in Seattle 98121?
As of July 2026, the average rent in Seattle 98121 is $3,251 per month across 6 apartment communities and 48 available units. Rents have decreased $711 (16.9%) over the past month.
The most affordable option is Marq 211 starting at $2,289/mo. By unit type, a 1-bedroom averages $3,251/mo.
Prices range from $2,289 to $4,325 per month. The most common price point is the $3,000 range, where 11 units are currently listed.
Seattle 98121 Rent Price History
Rent Price Distribution
Rent by Bedroom Type in Seattle 98121
Rent Prices by Apartment in Seattle 98121
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Marq 211 | $2,289/mo | $2,510/mo | 4 | 4.1 |
| The Martin Apartments | $2,488/mo | $2,921/mo | 2 | 4.1 |
| Arrivé Apartments | $2,750/mo | $3,214/mo | 18 | 4.3 |
| The Ivey on Boren | $2,995/mo | $3,440/mo | 10 | 4 |
| McKenzie Apartments | $3,042/mo | $3,421/mo | 13 | 4.7 |
| Stratus Apartments | $3,423/mo | $3,423/mo | 1 | 4.5 |
Google Search Trends for Seattle 98121 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Seattle 98121
What is the average rent in Seattle 98121?
Is rent going up or down in Seattle 98121?
What is the cheapest apartment in Seattle 98121?
How much is a 1-bedroom apartment in Seattle 98121?
How many apartments are available in Seattle 98121?
What salary do I need to live comfortably in Seattle 98121?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$130,000/year
Based on the 30 percent rule, using our tracked average rent of $3,251/mo.
Comfortable income
$156,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($2,289/mo), you need to earn at least $92,000/year.
Median household income in Seattle 98121 is $121,984 , about 22% below the comfortable-living threshold.
Cost of living in Seattle 98121
Overall prices in Seattle 98121 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 Seattle 98121's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $3,251 |
| Utilities | $652 |
| Groceries | $584 |
| Transportation | $1,553 |
| Healthcare | $758 |
| Other goods and services | $1,212 |
| Estimated total | $8,010/mo |
Population
741,440
Median household income
$121,984
Census median rent
$1,998/mo
Rent as % of income
27.4%
Median age
35.5
Mean commute
27 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.
Explore Seattle 98121 Apartments
Browse all 6 communities with daily-updated pricing and availability.