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City Report · WA

Seattle

Pop. 754,195·40th most expensive in Washington·Rental market data updated monthly for Seattle, WA
Median rent (all units)
$2,224/mo
Year-over-Year
+1.7%
Month-over-Month
+1.3%
vs US Median
+$259
Rising (Monthly)
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Most AffordableMost Expensive
Seattle · $2,224
More expensive than 70% of US cities · National median $1,965/mo
Rent Reality Score
55/100
Fairly priced
OverheatedFairGreat value

Rents are 3% below what Seattle's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,224/mo
Expected by trend
$2,282/mo
The Rent Reality Score compares today's median rent to where Seattle's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,710
1 BR
$1,753
2 BR
$2,043
3 BR
$2,694
4 BR+
$3,139
Research median
$2,043/mo

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

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$26,688/yr
At $2,224/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (1.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+1.7% YoY, +1.3% MoM), not inventory.
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Demographics

Who lives here

Seattle, WA is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 68.4% of residents hold a bachelor's degree or higher.

Population
754,195
Median income
$123,860
Median age
35.6
Renters
56.3%
Age distribution
13.8%
35.1%
28.6%
13%
Under 1813.8%
18–3435.1%
35–5428.6%
55–649.6%
65+13%
Gender
50.9%
49.1%
Male50.9%
Female49.1%
Race & ethnicity
60.3%
17.6%
White60.3%
Black6.5%
Hispanic8.5%
Asian17.6%
Other7%
Education (25+)
18.1%
68.4%
No HS diploma4%
HS diploma9.5%
Some college18.1%
Bachelor's+68.4%
Housing tenure
43.7%
56.3%
Owner43.7%
Renter56.3%

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

2021 vs 2026

How Seattle, WA has changed in 5 years

Rent
$1,775 → $2,224
up 25.3%
Income
$105,391 → $123,860
up 17.5%
Population
726,054 → 754,195
up 3.9%
Renter share
54.8% → 56.3%
+1.5 pts
Bachelor's+
65.9% → 68.4%
+2.5 pts

Compared with 2021, rent in Seattle, WA has climbed by $449 per month, settling near $2,224 after starting the period at $1,775. Local incomes tracked alongside that move, going from a median of $105,391 in 2021 to $123,860 more recently. Rent outpaced income growth by roughly 7.8 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 726,054 to 754,195 between 2021 and 2024, a 3.9% change. About 56.3% of households rent today, against 54.8% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 65.9% to 68.4%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Seattle, WA market of 2021.

Community

Discussions about Seattle

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

Can you afford rent in Seattle on your salary?

At $2,224/mo, how Seattle rent compares to typical pay (30% rule).

By apartment size

Seattle rent by bedroom count

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

Local insights

Tips for renters in Seattle

About renting in Seattle, WA

Last updated: July 20, 2026

The median rent in Seattle is $2,224/mo as of July 2026. A studio apartment averages $1,710/mo while a 2-bedroom runs $2,043/mo. One-bedroom apartments average $1,753/mo and 3-bedroom units go for $2,694/mo.

At 22% of local median household income ($123,860/yr), Seattle ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.7% over the past year.

FAQ

Frequently asked questions

Is Seattle an affordable city for renters?

Seattle is considered very affordable for renters. At $2,224/mo, rent takes approximately 22% of the local median household income ($123,860/yr). The standard benchmark is 30%. Seattle falls comfortably within that range.

How much income do you need to rent in Seattle?

To keep rent at or below 30% of gross income, you would need to earn at least $89,000/year (~$43/hour full-time) to afford the median rent of $2,224/mo in Seattle. The local median household income is $123,860/yr, meaning the typical Seattle household meets that threshold.

Is rent going up or down in Seattle?

Rent in Seattle has increased 1.7% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Seattle neighborhoods have the lowest rent?

The most affordable ZIP codes in Seattle are 98125 ($1,853/mo), 98144 ($1,964/mo), and 98104 ($2,009/mo). Citywide, the median rent in Seattle is $2,224/mo.

How does Seattle rent compare to other cities in Washington?

Seattle is middle-of-the-pack for Washington for rent, ranking #40 out of 110 tracked cities at $2,224/mo.

Which nearby cities are cheaper to rent in than Seattle?

Several nearby cities have lower median rents than Seattle ($2,224/mo): Burien ($1,896/mo), Bryn Mawr-Skyway ($2,000/mo), Shoreline ($2,042/mo).

What percentage of Seattle residents rent vs. own?

According to Census data, approximately 56.3% of Seattle households are renters, while 43.7% are owner-occupied. With a majority renter population, Seattle has a strong rental market.

How does Seattle rent compare to the national average?

Seattle's median rent of $2,224/mo is $259 (13%) above the US national median of $1,965/mo. Within Washington, it ranks #40 out of 110 tracked cities.
Income Affordability
22%
VERY AFFORDABLE

At $2,224/mo, rent takes ~22% of Seattle's median household income ($123,860/yr). The standard benchmark is 30%.

Seattle 22%Benchmark 30%
State income taxNone
Run the Seattle affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Seattle, WA

Recent submissions

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