Cheap Apartments for Rent in Seattle, WA from $500 (1,286 Rentals)

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

property at 5015 17th Ave NE

$700 - $11,950

1 To 12 Bedroom Rentals

Available Now

5015 17th Ave NE

SeattleWA98105

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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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 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.

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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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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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Seattle, WA Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Seattle, WA

Pricing Updated: 03/18/2026

Current apartment rentals in the Seattle, WA area range in price from $546 to $31,995 with an overall median price of $5,291. The three Seattle neighborhoods with the lowest median rent pricing are Lake Burien at $1,250, Foster at $1,159, and Port of Edmonds at $1,800. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Seattle Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Lake Burien$1,750$1,2508
Foster$1,795$1,15927
Port of Edmonds$1,800$1,8001
Downtown Edmonds$1,871$1,46513
South Des Moines$1,872$1,25011
East Park$1,880$1,00078
Sheridan Park$1,882$1,00077
Manette$1,889$1,00063
Stendahl Ridge$1,932$1,0896
Burien South$1,950$1,25014

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. Alps Hotel in the Downtown Seattle neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $546. Here is today’s list of the most affordable Seattle apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Eden Apartments0BR/1.0BAStudio,1BA$525
Alps HotelStudio 1 BathStudio,1BA$546
Filipino Community Village (Affordable, 55+)Studio Homes for Seniors 55+Studio,1BA$594
Milwaukee ApartmentsStudio 1 BathStudio,1BA$635
Discover Horizon Phinney!StudioStudio,1BA$650
Sun PropertyFurnished dorm roomStudio,$651
Alcove Ballard ApartmentsStudio MFTEStudio,1BA$695
Horizon Greenwood ApartmentsStudioStudio,1BA$750
Madison 2.0 Studios in Capitol Hill!MFTE- Income Specific UnitsStudio,1BA$795
2371 Franklin Apartments in EastlakeStudioStudio,1BA$799

Best Value Apartments for Rent in Seattle, WA

As of March 18, 2026 the best value apartment in the Seattle area is the $1.21 price per square foot 5120 S Roxbury St Model at 5120 S Roxbury St, Unit 8 in the in the Dunlap neighborhood starting from $2,250. The second greatest value Seattle apartment is the 2BR Model at 2024 NW 59th St starting at $1,945 with a $1.07 price per square foot in the Queen Anne 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.
5120 S Roxbury St, Unit 85120 S Roxbury St3BR,1.5BA$1.21
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
Whisperwood Apartments2x12BR,1BA$1.66
La Vista Apartments2 Bedroom 1 Bath2BR,1BA$1.63
2505 NE 140th St, Unit B2505 NE 140th StStudio ,1BA$1.54
The Edge North1X11BR,1BA$1.63
Courtland PlaceTwo Bedroom One Bath2BR,1BA$1.45
Filipino Community Village (Affordable, 55+)Studio Homes for Seniors 55+Studio ,1BA$1.70

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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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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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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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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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!

Explore Seattle, WA Rentals by Map

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See the most popular apartments and homes in Seattle, WA

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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 $799.

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 $5,291.

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 18,282 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 $683 which is $4,608 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.

Articles, How-To's, and Tips

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.