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Average Rent in Downtown Seattle & Rent Trends

Rent prices and market trends across 13 apartment communities in Downtown Seattle, Seattle, WA. Updated daily.

Market Average

$3,193/mo

▲ +0.9% from last month

Lowest Available

$1,375/mo

cheapest unit on market

Communities

13

tracked daily

Units Listed

147

available now

Price Cuts This Week in Downtown Seattle

33 listed units across 8 buildings in Downtown Seattle dropped their asking rent in the past 7 days, an average cut of $193/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
The Olivian Unit 7 $8,587 $7,837 $750
West Edge Apartments Unit 0718, P18 $2,989 $2,538 $451
West Edge Apartments Unit 0212, P12 $2,864 $2,421 $443
West Edge Apartments Unit 0309, P09 $2,919 $2,476 $443
West Edge Apartments Unit 0311, P11 $3,054 $2,611 $443
West Edge Apartments Unit 0315, P15 $2,714 $2,271 $443
West Edge Apartments Unit 0603, P03 Open $2,444 $2,001 $443
West Edge Apartments Unit 0605, P05 $2,564 $2,121 $443
See today's prices on all 147 listed units

Downtown Seattle vs Seattle, WA Average

Downtown Seattle is more expensive than the Seattle, WA average by $225/mo (8%). The citywide average is $2,968/mo across all neighborhoods.

Is Rent Going Up or Down in Downtown Seattle?

As of August 2026, the average rent in Downtown Seattle is $3,193 per month across 13 apartment communities and 147 available units. Rents have increased $29 (0.9%) over the past month.

The most affordable option is Stockbridge Apartment Homes starting at $1,375/mo. By unit type, a studio averages $2,148/mo, a 1-bedroom averages $2,968/mo, a 2-bedroom averages $4,250/mo, a 3-bedroom averages $4,112/mo.

Prices range from $1,375 to $7,837 per month. The most common price point is the $3,200 range, where 23 units are currently listed.

Downtown Seattle Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
April 2026 $2,731 - 5
May 2026 $2,910 +$179 9
June 2026 $3,060 +$150 10
July 2026 $3,183 +$123 13
August 2026 $3,243 +$60 13

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Downtown Seattle

Studio
$2,148
from $1,375 · 19 units
1 Bed
$2,968
from $1,825 · 90 units
2 Bed
$4,250
from $2,150 · 37 units
3 Bed
$4,112
from $4,112 · 1 units

Rent Prices by Apartment in Downtown Seattle

Property Starting at Average Units Rating
Stockbridge Apartment Homes $1,375/mo $1,375/mo 1 3.9
Pivot Apartments $1,650/mo $2,281/mo 14 4.4
Avanti $1,691/mo $2,110/mo 11 4.3
Viktoria Apartments $1,948/mo $2,406/mo 8 4.6
West Edge Apartments $2,001/mo $2,919/mo 16 3.9
Kinects Tower $2,116/mo $3,626/mo 19 4.2
AMLI Waterfront $2,417/mo $2,850/mo 10 4.2

Frequently Asked Questions About Rent in Downtown Seattle

What is the average rent in Downtown Seattle?

The average rent in Downtown Seattle is $3,193 per month as of August 2026, based on 147 units across 13 apartment communities.

Is rent going up or down in Downtown Seattle?

Rent in Downtown Seattle has increased $29 (0.9%) over the past month. The current average is $3,193/mo.

What is the cheapest apartment in Downtown Seattle?

The most affordable apartment in Downtown Seattle is Stockbridge Apartment Homes with units starting at $1,375/mo.

How much is a 1-bedroom apartment in Downtown Seattle?

A 1-bedroom apartment in Downtown Seattle averages $2,968/mo, with prices starting at $1,825/mo across 90 available units.

How many apartments are available in Downtown Seattle?

There are 147 units available across 13 apartment communities in Downtown Seattle.

What salary do I need to live comfortably in Downtown Seattle?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$128,000/year

Based on the 30 percent rule, using our tracked average rent of $3,193/mo.

Comfortable income

$153,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,375/mo), you need to earn at least $55,000/year.

Median household income in Downtown Seattle is $121,984 , about 20% below the comfortable-living threshold.

Cost of living in Downtown Seattle

Overall prices in Downtown Seattle 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 Downtown Seattle's regional price parities.

Category Monthly estimate
Rent (market average) $3,193
Utilities $652
Groceries $584
Transportation $1,553
Healthcare $758
Other goods and services $1,212
Estimated total $7,952/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 Downtown Seattle Apartments

Browse all 13 communities with daily-updated pricing and availability.

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