Cheap Homes for Rent in CBD Neighborhood of Seattle, WA from $1,200 (42 Rentals)

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Search the lowest-cost Homes available for rent right now in the CBD area of Seattle.

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 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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Seattle's Best Affordable Neighborhoods

Learn about Seattle, WA and the best places to live with original content written by our Local Expert Sharon Stallings

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CBD, Seattle, WA Local Guide

Cheapest Available CBD Apartments for Rent

 

The cheapest available apartment rental in the CBD area of Seattle, WA is a Studio unit found at Alps Apartments priced from $675. Alcove First Hill has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable CBD apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Alps ApartmentsMicro StudioStudio,1BA$675
Alcove First HillStudio LVT - MFTEStudio,1BA$795
Oregon ApartmentsStudio A - 30% AMIStudio,1BA$804
422 11th Ave - Amazing Remodeled Studios!Studio MFTEStudio,1BA$812
Lincoln CourtSStudio,1BA$825
LarnedSStudio,1BA$825
1806-1812 12th Ave ApartmentsStudio MFTEStudio,1BA$850
Towne ApartmentsEfficiency StudioStudio,1BA$850
Holiday Apartments1B1BR,1BA$883
Union Plaza ApartmentsStudioStudio,1BA$895

Best Value Apartments for Rent in CBD, WA

As of July 29, 2025 the best value apartment in the CBD area is the $2.60 price per square foot B1.b Model at Lexington Apartments in the in the Downtown Seattle neighborhood starting from $1,795. The second greatest value CBD apartment is the 1BR/1.0BA Model at 424 Summit starting at $1,495 with a $2.30 price per square foot in the Capitol Hill neighborhood. Here is today’s list of the best values for CBD apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lexington ApartmentsB1.b1BR,1BA$2.60
424 Summit1BR/1.0BA1BR,1BA$2.30
600 NinthHT1A1BR,1BA$2.40
Sheridan ApartmentsStudioStudio ,1BA$1.81
Uncle Bob's PlaceStudioStudio ,1BA$2.15
Capitol Building ApartmentsStudio1BR,1BA$2.37
Stratford on 4th0BR/1.0BAStudio ,1BA$2.19
Louisa HotelStudio ApartmentsStudio ,1BA$2.58
CharlesgateStudioStudio ,1BA$2.20
Cambridge ApartmentsStudio - 60% AMIStudio ,1BA$2.50

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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Frequently Asked Questions about CBD

What type of rentals are currently available in CBD?

There are currently 966 Apartments for Rent in CBD, WA with pricing that ranges from $675 to $31,995. There are also 186 Single Family Homes for rent, Condos, and Townhome rentals currently available in CBD ranging from $1,295 to $24,500.

What is the current price range for Rental Homes in CBD?

Today's rental pricing for Homes for Rent, Condos and Townhomes in CBD ranges from $1,295 to $24,500 with an average monthly rent of $4,515.

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.

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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.