The average apartment rent in Seattle, WA: November 2022

Seattle is the largest city in the state of Washington. The population of Seattle is about 740 thousand people. How much have Seattle studio and apartment rental prices changed over the past 12 months? Over the past year, the cost of living in Seattle has gone up. This is primarily due to the increase in rental rates. Rentals for one bedroom apartments are up 12.00% year on year and those for two bedroom apartments up 17.50%. Today, Seattle is in the TOP 15 most expensive cities in terms of rent. In this article, we look at the average rental prices for one and two bedroom apartments in Seattle as of November 2022. The average rental price for a one-bedroom apartment is $1,960 per month and for a two-bedroom apartment is $2,750 per month. A studio can be rented for an average of $1,380 (+11% yoy).

The most expensive neighborhoods in Seattle include South-Lake Union ($2,490/month for one-bedroom apartment), Central Business District ($2,280/month) and Belltown ($2,150/month).

The cheapest neighborhoods in Seattle include University District ($1,425/month), Lake City ($1,520/month) and North Queen Anne ($1,685/month).