City Report · WA

Bellevue

Pop. 151,847·11th most expensive in Washington·Bellevue rents are up 7.4% over the past year
Median rent (all units)
$2,796/mo
Year-over-Year
+7.4%
Month-over-Month
+2.0%
vs US Median
+$831
Rising (Monthly)
Be the first to discuss Bellevue rents
Most AffordableMost Expensive
Bellevue · $2,796
More expensive than 87% of US cities · National median $1,965/mo
Rent Reality Score
51/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Bellevue's 10-year trend predicts.

Actual rent
$2,796/mo
Expected by trend
$2,814/mo
The Rent Reality Score compares today's median rent to where Bellevue's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$2,152
1 BR
$2,205
2 BR
$2,568
3 BR
$3,385
4 BR+
$3,945
Research median
$2,568/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$33,552/yr
At $2,796/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 7.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+7.4% YoY, +2.0% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Bellevue, WA is roughly split between renters and owners, has a median income above the national average, 72.1% of residents hold a bachelor's degree or higher.

Population
151,847
Median income
$165,576
Median age
38.5
Renters
48%
Age distribution
19.5%
24.8%
29.4%
14.8%
Under 1819.5%
18–3424.8%
35–5429.4%
55–6411.5%
65+14.8%
Gender
50.5%
49.5%
Male50.5%
Female49.5%
Race & ethnicity
41.3%
42.8%
White41.3%
Black2.6%
Hispanic7.9%
Asian42.8%
Other5.4%
Education (25+)
15.6%
72.1%
No HS diploma4.3%
HS diploma8%
Some college15.6%
Bachelor's+72.1%
Housing tenure
52%
48%
Owner52%
Renter48%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Bellevue, WA has changed in 5 years

Rent
$2,091 → $2,796
up 33.7%
Income
$140,252 → $165,576
up 18.1%
Population
149,365 → 151,847
up 1.7%
Renter share
47.6% → 48%
+0.4 pts
Bachelor's+
70% → 72.1%
+2.1 pts
Median age
37.9 → 38.5
+0.6 yrs

Since 2021, the typical rent in Bellevue, WA has increased from $2,091 to $2,796, a 33.7% change over five years. Median household income rose from $140,252 to $165,576 between 2021 and 2024, a 18.1% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 1.7% since 2021, moving from about 149,365 residents to roughly 151,847. College-educated residents now make up 72.1% of adults here, versus 70% in 2021. Taken together, the five-year picture in Bellevue, WA reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

Discussions about Bellevue

No discussions yet. Start the conversation.

View Bellevue rent history (2015–2026) →
Salary vs rent

Can you afford rent in Bellevue on your salary?

At $2,796/mo, how Bellevue rent compares to typical pay (30% rule).

By apartment size

Bellevue rent by bedroom count

Median rent for each apartment size in Bellevue. Click any size for full breakdown.

Local insights

Tips for renters in Bellevue

About renting in Bellevue, WA

Last updated: July 20, 2026

The median rent in Bellevue is $2,796/mo as of July 2026. A studio apartment averages $2,152/mo while a 2-bedroom runs $2,568/mo. One-bedroom apartments average $2,205/mo and 3-bedroom units go for $3,385/mo.

At 20% of local median household income ($165,576/yr), Bellevue ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.4% over the past year.

FAQ

Frequently asked questions

Is Bellevue an affordable city for renters?

Bellevue is considered very affordable for renters. At $2,796/mo, rent takes approximately 20% of the local median household income ($165,576/yr). The standard benchmark is 30%. Bellevue falls comfortably within that range.

How much income do you need to rent in Bellevue?

To keep rent at or below 30% of gross income, you would need to earn at least $112,000/year (~$54/hour full-time) to afford the median rent of $2,796/mo in Bellevue. The local median household income is $165,576/yr, meaning the typical Bellevue household meets that threshold.

Is rent going up or down in Bellevue?

Rent in Bellevue has increased 7.4% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Bellevue neighborhoods have the lowest rent?

The most affordable ZIP codes in Bellevue are 98007 ($2,415/mo), 98005 ($2,593/mo), and 98004 ($2,983/mo). Citywide, the median rent in Bellevue is $2,796/mo.

How does Bellevue rent compare to other cities in Washington?

Bellevue is one of the pricier cities in Washington for rent, ranking #11 out of 110 tracked cities at $2,796/mo.

Which nearby cities are cheaper to rent in than Bellevue?

Several nearby cities have lower median rents than Bellevue ($2,796/mo): Newcastle ($2,320/mo), Kirkland ($2,626/mo), Redmond ($2,640/mo).

What percentage of Bellevue residents rent vs. own?

According to Census data, approximately 48% of Bellevue households are renters, while 52% are owner-occupied. Bellevue leans toward homeownership, which can mean a smaller rental inventory.

How does Bellevue rent compare to the national average?

Bellevue's median rent of $2,796/mo is $831 (42%) above the US national median of $1,965/mo. Within Washington, it ranks #11 out of 110 tracked cities.
Income Affordability
20%
VERY AFFORDABLE

At $2,796/mo, rent takes ~20% of Bellevue's median household income ($165,576/yr). The standard benchmark is 30%.

Bellevue 20%Benchmark 30%
State income taxNone
Run the Bellevue affordability calculator →
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Bellevue, WA

Recent submissions

Be the first to submit your rent for Bellevue.

Recent discussions

No discussions yet.