Cheap Apartments for Rent in Seattle, WA from $500 (1,324 Rentals)

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Search the lowest-cost Apartments available for rent right now in Seattle.

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.

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.

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.

property at 756 N 103rd St

$925 - $1,750

Studio To 2 Bedroom Rentals

Available Now

756 N 103rd St

SeattleWA98133

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.

The Emerald City's Secrets: A 30-Year Local's Guide to Renting in Seattle

Dive into Seattle's fascinating history—from its 'swampy mess' origins to the birthplace of grunge. Explore areas to rent like Pike Place Market, Pioneer Square, and the new Overlook Walk.

Seattle, WA Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Seattle, WA

Pricing Updated: 05/13/2026

Current apartment rentals in the Seattle, WA area range in price from $594 to $31,995 with an overall median price of $4,798. The three Seattle neighborhoods with the lowest median rent pricing are Pioneer Square at $610, South Des Moines at $1,295, and Foster at $1,350. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Seattle Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Pioneer Square$1,750$61094
South Des Moines$1,822$1,29512
Foster$1,868$1,35042
Town Of Edmonds Waterfront$1,871$1,5505
Loyal Heights$1,885$1,59914
Lake Burien$1,895$1,1759
Vashon Island$1,900$1,9001
East Park$1,950$1,00063
Burien South$1,950$1,17518
Three Tree Point$1,950$1,17533

Cheapest Available Seattle Apartments for Rent

 

The cheapest available apartment rental in Seattle, WA is a Studio unit found at Eden Apartments in the Dunlap neighborhood priced from $525. Filipino Community Village (Affordable, 55+) in the Mercer Heights neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $594. Here is today’s list of the most affordable Seattle apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Eden Apartments0BR/1.0BAStudio,1BA$525
Filipino Community Village (Affordable, 55+)Studio Homes for Seniors 55+Studio,1BA$594
Alps HotelStudio 1 BathStudio,1BA$610
Sun PropertyFurnished dorm roomStudio,$651
Alcove Ballard ApartmentsStudioStudio,1BA$725
DakotaTwo Bedroom Two Bath2BR,2BA$733
Milwaukee Apartments1 Bed 1 Bath1BR,1BA$735
Sun lightMicro Studio STUDENT ONLYStudio,1BA$745
The Windham ApartmentsPikeStudio,1BA$760
Amherst Micro StudiosMicro StudioStudio,1BA$795

Best Value Apartments for Rent in Seattle, WA

As of May 13, 2026 the best value apartment in the Seattle area is the $1.07 price per square foot 2BR Model at 2024 NW 59th St in the in the Queen Anne neighborhood starting from $1,945. The second greatest value Seattle apartment is the 8801 Aurora Ave N Model at 8801 Aurora Ave N, Unit Room 1 starting at $950 with a $0.53 price per square foot in the North College Park neighborhood. Here is today’s list of the best values for Seattle apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2024 NW 59th St2BR2BR,1BA$1.07
8801 Aurora Ave N, Unit Room 18801 Aurora Ave N5BR,3BA$0.53
4538 18th Ave NEPod Second Floor6BR,1.5BA$0.63
Century Plaza2 Bed 1 Bath2BR,1BA$1.46
A&T Investments4-Bedroom/3-Bathroom Apartments4BR,3BA$0.73
Plaza Roberto Maestas2 Bed 2 Bath2BR,2BA$1.12
Uptowner ApartmentsStudioStudio ,1BA$1.44
Whisperwood Apartments1x11BR,1BA$1.45
Courtland PlaceOne Bedroom One Bath1BR,1BA$1.44
Filipino Community Village (Affordable, 55+)Studio Homes for Seniors 55+Studio ,1BA$1.70

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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Seattle Apartment Guide: Find Your Rental Near Tech Hubs like Amazon, Google, and Adobe

Cut down on your commute! Discover Seattle's top neighborhoods to rent near major employers like Amazon, Meta, and Fred Hutchinson. Find your ideal work-life balance in the Emerald City.

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Picking the Perfect Seattle Neighborhood for College Life

Learn About the Best Neighborhoods to Rent Near College Campuses in Seattle, WA | Find Seattle Off-Campus Student Housing at ApartmentHomeLiving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Seattle Overview

Seattle, Washington, known as Emerald City, is a Pacific Northwest metropolis positioned on the eastern shore of Puget Sound encircled by mountains, forests and both fresh water and salt water. It’s the state’s largest city and includes thousands of acres of parkland. Its tech industry is booming and it’s home to the headquarters of Amazon and Microsoft. And of course, it’s also the birthplace of Starbucks. Seattle boasts a diverse cultural scene and hosts dozens of festivals regularly. This city is one of the fastest-growing in the United States which makes it a prime location to find your next apartment.

Why live in Seattle, WA?

Seattle is a thriving, pulsing city with endless amenities and attractions to recommend it, as well as an excellent live music scene - making it a wonderful place to call home. There’s always something going on. This appealing city earned the nickname Emerald City for its striking year-round greenery, and if you don’t like snow, this is the spot for you. It even beats climate change according to UW meteorologist Cliff Mass. The food scene is on point. So tasty! Jobs! Even entry-level. With a $15 minimum wage, you are not starting at the bottom, and the unemployment rate is more than 2 points below the national average. And finally, it’s gorgeous here!

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Seattle Apartments

What is a cheap apartment in Seattle?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Seattle is under $795.

What is the price of a cheap apartment in Seattle?

The cheapest apartment in Seattle is Filipino Community Village (Affordable, 55+) which is listed at $634, while the average apartment in Seattle costs $4,798.

What types of apartments are the cheapest in Seattle?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 19,523 regular apartments in Seattle that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Seattle?

Cheap apartments in Seattle have an average cost of $612 which is $4,186 cheaper than the average rent for all rentals in Seattle.

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.

Helpful Local Expert Guides

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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.

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Picking the Perfect Seattle Neighborhood for College Life

Written by: Sharon Stallings

I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. Whether you're new to Seattle or grew up here, the neighborhood where you live makes a huge difference while attending college.

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Seattle Apartment Guide: Find Your Rental Near Tech Hubs like Amazon, Google, and Adobe

Written by: Sharon Stallings

I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. We're blessed to live in Seattle, affectionately known as the Emerald City.

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Seattle Short-Term Rentals: Where to Live for a Month (or Three) in the Emerald City

Written by: Sharon Stallings

Greetings! I’m Sharon, your local Seattle expert at ApartmentHomeLiving.com. If you’re looking for short-term rentals, I can help you make an informed choice.

Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.