
Cheap Homes for Rent in Alki Neighborhood of Seattle, WA from $1,200 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Alki area of Seattle.

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.

6014 SW Stevens St
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.
Alki, Seattle, WA Local Guide

How much does it cost to rent a home in Alki?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Alki 2 Bedroom Homes for Rent | $4,175 | $3,900 | $4,450 |
Alki 3 Bedroom Homes for Rent | $3,925 | $3,350 | $4,500 |
Alki 4 Bedroom Homes for Rent | $6,950 | $6,950 | $6,950 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Alki Neighborhood of Seattle, WA.
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Alki, Seattle, WA Local Guide
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Best Value Apartments for Rent in Alki, WA
As of June 01, 2025 the best value apartment in the Alki area is the $3.12 price per square foot 3x2PH-1218 Model at 2300 Elliott in the in the Belltown neighborhood starting from $3,799. The second greatest value Alki apartment is the 2 Bed 1 Bath Model at Alaska 45 starting at $2,625 with a $2.76 price per square foot in the Riverview neighborhood. Here is today’s list of the best values for Alki apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
2300 Elliott | 3x2PH-1218 | 3BR,2BA | $3.12 |
Alaska 45 | 2 Bed 1 Bath | 2BR,1BA | $2.76 |
Junction Flats and Landing | 2 Bed 1 Bath B Flats | 2BR,1BA | $2.91 |
Elan 41 | Blake | 1BR,1BA | $3.03 |
Link | Traditional 1bd 1ba - D | 1BR,1BA | $2.79 |
Griffis Belltown | Meridian | 1BR,1BA | $3.58 |
SL Skylark Apartments | 1BR/1.0BA | 1BR,1BA | $2.75 |
Altamira Apartments | Studios | Studio ,1BA | $2.85 |
AJ | Open 1 Bedroom | 1BR,1BA | $3.14 |
Oregon 42 | Studio | Studio ,1BA | $3.33 |
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.
Frequently Asked Questions about Alki
What type of rentals are currently available in Alki?
There are currently 237 Apartments for Rent in Alki, WA with pricing that ranges from $1,325 to $15,000. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alki ranging from $1,200 to $14,500.
What is the current price range for Rental Homes in Alki?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Alki ranges from $1,200 to $14,500 with an average monthly rent of $5,220.
How much are larger Three and Four Bedroom Rentals in Alki?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Alki range from $3,799 to $5,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,350 to $4,500. Four Bedroom Single-Family rentals are also available starting from $6,950 and Four Bedroom Apartments start at $3,450.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The 10 Best Affordable Neighborhoods in Seattle, WA
Written by: Sharon Stallings
I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. My husband, two children, and I moved to West Seattle in 1995.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.