Rents are 3% below what Redmond's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
Bedroom figures are derived from HUD Fair Market Rents and scaled to match Redmond's market median, because the published HUD values all ran above it. They are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in Redmond usually run 2.8% below trend in December and 2.5% above it in July, about $137 a month apart at today's median. Based on 11 years of data.
Rent in Redmond is at its highest level since Zillow's records here began in January 2015.
Rent in Redmond changed +4.5% over the year to September 2026. Across the 97 Washington cities Zillow tracks, the typical change was +2.6%.
From 2019 to 2024, rent in Redmond rose 23.2% while median household income rose 23% ($132,188 to $162,560). Rent outpaced income.
Rent in Redmond is 24.6% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 7 months in a row, and rose in 9 of the last 12 months.
30% of the median household income ($162,560) is $4,064 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($3,405); a 3-bedroom is $4,490.
Seattle, 13 miles away, rents for 14% less ($2,227/mo), about $4,200 a year in savings.
From Zillow's monthly rent index (ZORI) for Redmond. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Redmond, WA has changed in 5 years
The median rent in Redmond, WA stood at $1,999 in 2021 and currently runs about $2,577, reflecting a 28.9% 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.
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At $2,577/mo, how Redmond rent compares to typical pay (30% rule).
Redmond rent by bedroom count
Median rent for each apartment size in Redmond. Click any size for full breakdown.
Tips for renters in Redmond
Last updated: October 17, 2026
The median rent in Redmond is $2,577/mo as of October 2026. A studio apartment averages $1,985/mo while a 2-bedroom runs $2,367/mo. One-bedroom apartments average $2,030/mo and 3-bedroom units go for $3,122/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 4.5% over the past year.
Frequently asked questions
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Which nearby cities are cheaper to rent in than Redmond?
At $2,577/mo, rent takes ~19% of Redmond's median household income ($162,560/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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