Cheap Apartments for Rent in the Overlake Neighborhood of Redmond, WA from $700 (68 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Overlake area of Redmond.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Verde Esterra Park
Rent Specials
$1,961 - $4,323
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$1,961 - $4,323
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Studio to 2 Bedroom Apartments Available Now

Verde Esterra Park

2808 Calder Ave NERedmond, WA 98052
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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The Onyx
1 to 3 Bedroom Apartments

The Onyx

4850 156th AveRedmond, WA 98052

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Knoll Redmond
Studio to 3 Bedroom Apartments

The Knoll Redmond

15325 Redmond WayRedmond, WA 98052
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Talisman
Studio to 3 Bedroom Apartments

Talisman

7405 168th Ave NERedmond, WA 98052
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Elan Redmond
Studio to 2 Bedroom Apartments

Elan Redmond

16325 Cleveland StRedmond, WA 98052
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Redmond Square
Studio to 4 Bedroom Apartments

Redmond Square

7977 170th Ave NERedmond, WA 98052
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Modera Overlake
Studio to 2 Bedroom Apartments

Modera Overlake

15350 Bel-Red RdRedmond, WA 98052
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Pure Redmond
1 to 2 Bedroom Apartments

Pure Redmond

17634 NE Union Hill RdRedmond, WA 98052

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 16405 NE 12th St

$1,100

Total Monthly Price

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$1,100
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$1,100

1 Bedroom, 1 Bath Home for Rent

Available Now

16405 NE 12th St

BellevueWA98008
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Central Park East
$1,320 - $3,492
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$1,320 - $3,492
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Studio to 3 Bedroom Apartments Available Now

Central Park East

15207 NE 16th PlBellevue, WA 98007
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Kendall Ridge
Rent Specials
$1,620 - $2,090
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$1,620 - $2,090
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Studio to 2 Bedroom Apartments Available Now

Kendall Ridge

15301 NE 20th StBellevue, WA 98007
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Hampton Greens
$1,820 - $2,180
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$1,820 - $2,180
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1 to 2 Bedroom Apartments Available Now

Hampton Greens

4747 148th Ave NEBellevue, WA 98007
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Hyde Square
Rent Specials
$1,833 - $3,862
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$1,833 - $3,862
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Studio to 2 Bedroom Apartments Available Now

Hyde Square

15400 NE 20th StBellevue, WA 98007
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Overlake, Redmond, WA Local Guide

Cheapest Available Overlake Apartments for Rent

 

The cheapest available apartment rental in the Overlake area of Seattle, WA is a 2 Beds unit found at Capella at Esterra Park priced from $978. 162TEN has the second lowest priced unit, which is a Studio apartment currently listed from $1,199. Here are the most affordable Overlake apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Capella at Esterra ParkD12BR,2BA$978
162TEN0BR/1.0BAStudio,1BA$1,199
Crossroads Garden ApartmentsStudio E 60% BondStudio,1BA$1,295
Central Park EastStandard RockefellerStudio,1BA$1,320
The OnyxBristol Short Term Lease1BR,1BA$1,502
Colonial Square1 Bedroom1BR,1BA$1,599
Kendall RidgeStudioStudio,1BA$1,625
PiedmontAniseStudio,1BA$1,709
The Knoll RedmondAffirmedStudio,1BA$1,725
RavelloOpen One Bedroom 0GStudio,1BA$1,795

Best Value Apartments for Rent in Overlake, WA

As of April 20, 2026 the best value apartment in the Overlake area is the $2.31 price per square foot 6479 137th Avenue Northeast Model at 6479 137th Avenue Northeast, Unit 380 in the in the North Rose Hill neighborhood starting from $2,800. The second greatest value Overlake apartment is the Sage Model at Delano starting at $2,875 with a $2.49 price per square foot in the Downtown Redmond neighborhood. Here is today’s list of the best values for Overlake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
6479 137th Avenue Northeast, Unit 3806479 137th Avenue Northeast2BR,2BA$2.31
DelanoSage2BR,2BA$2.49
Redmond HillPlan 2E2BR,2BA$2.69
PalisadesPlan 2A2BR,1BA$2.79
Capella at Esterra ParkD12BR,2BA$1.09
Sammamish Beach Club2x1***N12BR,1BA$2.65
Quiet Family-Friendly Living In Downtown Redmond2BR/1.0BA2BR,1BA$2.54
Redmond SquareOne Bedroom1BR,1BA$2.66
Madison Bellevue ApartmentsThe Kelsey1BR,1BA$2.80
Hampton GreensBirch1BR,1BA$2.83

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Overlake, Redmond, WA

Ranked #4

Among cities in Washington for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Overlake, Redmond, WA

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for East Seattle. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, pet-friendly features, apartment complexes for the kids, proximity to transit, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Overlake Apartments

What is the Cheapest Studio apartment in Overlake?

Currently the most affordable Cheap Studio Apartment in Overlake is at 162TEN listed at $1,199.

How much is rent for a Cheap One Bedroom Overlake Apartment?

The lowest price for a Cheap One Bedroom Overlake Apartment is $1,502 at The Onyx.

What is the lowest price for a Cheap Two Bedroom Overlake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Overlake is starting from $978 at Capella at Esterra Park.

What is the most affordable Overlake Three Bedroom Apartment?

The best deal on a cheap Overlake Three Bedroom Apartment rental is at The Onyx and starts from $2,702.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.