Cheap Apartments for Rent in Seattle, WA from $500 (1,303 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.

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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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Ballard on the Park
Rent Specials
$948 - $3,726
Total Monthly Price

Total Monthly Price

Base Rent
$948 - $3,726
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Ballard on the Park

2233 NW 58th StSeattle, WA 98107
Corporate Housing
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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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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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Seattle, WA Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Seattle, WA

Pricing Updated: 06/28/2026

Current apartment rentals in the Seattle, WA area range in price from $265 to $31,995 with an overall median price of $5,433. The three Seattle neighborhoods with the lowest median rent pricing are Duwamish at $1,399, Olympic View at $670, and Matthews Beach at $950. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Seattle Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Duwamish$1,699$1,3991
Olympic View$1,875$670138
Matthews Beach$1,965$95018
Broadview$1,995$1,3398
Bitter Lake$1,999$1,16443
South Delridge$2,095$1,29926
Allentown$2,116$999151
Bryn Mawr Skyway$2,116$1,250114
Rainier Beach$2,116$999153
McMicken$2,116$1,350149

Cheapest Available Seattle Apartments for Rent

 

The cheapest available apartment rental in Seattle, WA is a Studio unit found at Alps Hotel in the Downtown Seattle neighborhood priced from $610. Alcove Ballard Apartments in the Queen Anne neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable Seattle apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Alps HotelStudio 1 BathStudio,1BA$610
Alcove Ballard ApartmentsStudio MFTEStudio,1BA$725
Milwaukee Apartments1 Bed 1 Bath1BR,1BA$735
Alcove West SeattleStudioStudio,1BA$750
The Windham ApartmentsPikeStudio,1BA$755
Towne ApartmentsEfficiency StudioStudio,1BA$780
Husky Court ApartmentsHC NEW 795 price startStudio,1BA$795
Amherst Micro StudiosMicro StudioStudio,1BA$795
Madison 2.0 ApartmentsMFTE- Income Specific UnitsStudio,1BA$795
Alcove First HillStudio BasementStudio,1BA$799

Best Value Apartments for Rent in Seattle, WA

As of June 28, 2026 the best value apartment in the Seattle area is the $1.50 price per square foot 3 Beds, 2.5 Baths Model at 150 S 152nd St in the in the Salmon Creek neighborhood starting from $2,795. 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.
150 S 152nd St3 Beds, 2.5 Baths3BR,2.5BA$1.50
8801 Aurora Ave N, Unit Room 18801 Aurora Ave N5BR,3BA$0.53
Scriber Creek ApartmentsFoxglove4BR,2BA$1.55
4538 18th Ave NEPod Second Floor6BR,1.5BA$0.63
Plaza Roberto Maestas2 Bed 2 Bath2BR,2BA$1.12
Nolan4 x 2 Terrace4BR,2BA$1.40
Admirals Apartments1BR/1.0BA1BR,1BA$1.44
6511 Apartments1BR/1.0BA1BR,1BA$1.59
Pacific Sunrise3x1.5 RF3BR,1.5BA$1.54
Courtland PlaceTwo Bedroom One Bath2BR,1BA$1.49

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!

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 Milwaukee Apartments which is listed at $735, while the average apartment in Seattle costs $5,433.

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 12,491 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 $559 which is $4,874 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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The Emerald Citys Secrets: A 30-Year Locals Guide to Renting in Seattle

Written by: Sharon Stallings

I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. I've lived here for 30+ years and have watched the city grow while holding onto what makes it unique.

Articles, How-To's, and Tips

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.