How much does it cost to rent in Redmond, WA?

As of July 2026, the median monthly rent in Redmond, WA is $2,640. This figure is based on aggregated data from public sources and community-submitted rents.

Is Redmond cheaper than other Washington cities?

Redmond is one of the pricier cities in Washington, ranking #19 out of 110 cities tracked at $2,640/mo.

When was Redmond rent data last updated?

Redmond rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · WA

Redmond

Name: Average Rent Prices in Redmond, WA
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 77,353·19th most expensive in Washington·Redmond rents are up 12.7% over the past year

Median rent (all units)

$2,640/mo

Year-over-Year

+12.7%

Month-over-Month

+3.2%

vs US Median

+$675

Rising (Monthly)

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Most AffordableMost Expensive

Redmond · $2,640

More expensive than 83% of US cities · National median $1,965/mo

Rent Reality Score

46/100

Fairly priced

OverheatedFairGreat value

Rents are 2% above what Redmond's 10-year trend predicts — running hotter than its own history.

Actual rent

$2,640/mo

Expected by trend

$2,589/mo

The Rent Reality Score compares today's median rent to where Redmond's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$2,033

1 BR

$2,080

2 BR

$2,425

3 BR

$3,198

4 BR+

$3,725

Research median

$2,425/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

$31,680/yr

At $2,640/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 12.7% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+12.7% YoY, +3.2% MoM), not inventory.

Rent check

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Compare your rent to the local median.

Demographics

Who lives here

Redmond, WA is majority renter-occupied, has a median income above the national average, 75.3% of residents hold a bachelor's degree or higher.

Population

77,353

Median income

$162,560

Median age

Renters

56.8%

Age distribution

20.9%

29.2%

30.6%

Under 1820.9%

18–3429.2%

35–5430.6%

55–648.9%

65+10.4%

Gender

52.1%

47.9%

Male52.1%

Female47.9%

Race & ethnicity

46.4%

40.3%

White46.4%

Black2.3%

Hispanic6.7%

Asian40.3%

Other4.4%

Education (25+)

16.2%

75.3%

No HS diploma2.6%

HS diploma5.9%

Some college16.2%

Bachelor's+75.3%

Housing tenure

43.2%

56.8%

Owner43.2%

Renter56.8%

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

2021 vs 2026

How Redmond, WA has changed in 5 years

Rent

$1,961 → $2,640

up 34.6%

Income

$147,006 → $162,560

up 10.6%

Population

72,166 → 77,353

up 7.2%

Renter share

51.3% → 56.8%

+5.5 pts

Bachelor's+

73% → 75.3%

+2.3 pts

The median rent in Redmond, WA stood at $1,961 in 2021 and currently runs about $2,640, reflecting a 34.6% increase over the period. Median household income rose from $147,006 to $162,560 between 2021 and 2024, a 10.6% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 7.2% since 2021, moving from about 72,166 residents to roughly 77,353. Renters now make up 56.8% of households, compared with 51.3% five years ago. College-educated residents now make up 75.3% of adults here, versus 73% in 2021. Taken together, the five-year picture in Redmond, 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

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View Redmond rent history (2015–2026) →

Salary vs rent

Can you afford rent in Redmond on your salary?

At $2,640/mo, how Redmond rent compares to typical pay (30% rule).

Registered Nurse

Avg $105,818/yr · Rent = 29.9% income

affordable

Elementary School Teacher

Avg $75,130/yr · Rent = 42.2% income

rent-burdened

Police Officer

Avg $86,542/yr · Rent = 36.6% income

stretched

Software Developer

Avg $154,683/yr · Rent = 20.5% income

affordable

Lawyer

Avg $197,646/yr · Rent = 16% income

very comfortable

Firefighter

Avg $70,347/yr · Rent = 45% income

rent-burdened

Truck Driver

Avg $63,515/yr · Rent = 49.9% income

rent-burdened

Electrician

Avg $78,288/yr · Rent = 40.5% income

rent-burdened

By apartment size

Redmond rent by bedroom count

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

Local insights

Tips for renters in Redmond

About renting in Redmond, WA

Last updated: July 20, 2026

The median rent in Redmond is $2,640/mo as of July 2026. A studio apartment averages $2,033/mo while a 2-bedroom runs $2,425/mo. One-bedroom apartments average $2,080/mo and 3-bedroom units go for $3,198/mo.

At 19% of local median household income ($162,560/yr), Redmond ranks as affordable compared to the national benchmark of 30%. Rents have increased 12.7% over the past year.

FAQ

Frequently asked questions

Is Redmond an affordable city for renters?

Redmond is considered very affordable for renters. At $2,640/mo, rent takes approximately 19% of the local median household income ($162,560/yr). The standard benchmark is 30%. Redmond falls comfortably within that range.

How much income do you need to rent in Redmond?

To keep rent at or below 30% of gross income, you would need to earn at least $106,000/year (~$51/hour full-time) to afford the median rent of $2,640/mo in Redmond. The local median household income is $162,560/yr, meaning the typical Redmond household meets that threshold.

Is rent going up or down in Redmond?

Rent in Redmond has increased 12.7% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Redmond neighborhoods have the lowest rent?

The most affordable ZIP codes in Redmond are 98052 ($2,630/mo), and 98053 ($2,976/mo). Citywide, the median rent in Redmond is $2,640/mo.

How does Redmond rent compare to other cities in Washington?

Redmond is one of the pricier cities in Washington for rent, ranking #19 out of 110 tracked cities at $2,640/mo.

Which nearby cities are cheaper to rent in than Redmond?

Several nearby cities have lower median rents than Redmond ($2,640/mo): Woodinville ($2,493/mo), Kirkland ($2,626/mo).

What percentage of Redmond residents rent vs. own?

According to Census data, approximately 56.8% of Redmond households are renters, while 43.2% are owner-occupied. With a majority renter population, Redmond has a strong rental market.

How does Redmond rent compare to the national average?

Redmond's median rent of $2,640/mo is $675 (34%) above the US national median of $1,965/mo. Within Washington, it ranks #19 out of 110 tracked cities.

Income Affordability

19%

VERY AFFORDABLE

At $2,640/mo, rent takes ~19% of Redmond's median household income ($162,560/yr). The standard benchmark is 30%.

Redmond 19%Benchmark 30%

State income taxNone

Run the Redmond affordability calculator →

Nearby cities