Cheap Homes for Rent in Central Seattle Neighborhood of Seattle, WA from $500 (28 Rentals)

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

property at 219 23rd Ave

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

1 Bedroom, 1.5 Bath Townhome for Rent

Available Now

219 23rd Ave

SeattleWA98122

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property at 108 5th Ave S

$1,750 - $2,600

1 To 2 Bedroom Rentals

Available Now

108 5th Ave S

SeattleWA98104

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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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Cheapest Available Central Seattle Apartments for Rent

 

The cheapest available apartment rental in the Central Seattle area of Seattle, WA is a Studio unit found at Alps Hotel priced from $600. Milwaukee Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $635. Here are the most affordable Central Seattle apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Alps HotelStudio 1 BathStudio,1BA$600
Milwaukee ApartmentsStudio 1 BathStudio,1BA$635
Alcove Spring Park - Modern Cozy Studio Apartments in First HillStudioStudio,1BA$750
Amherst Micro StudiosMicro StudioStudio,1BA$795
Madison 2.0 Studios in Capitol Hill!MFTE- Income Specific UnitsStudio,1BA$795
Sorento FlatsStudioStudio,1BA$799
Alcove First Hill - Efficient and Convenient Apartment in Alcove First HillStudio Basement - MFTEStudio,1BA$812
Lincoln CourtSStudio,1BA$825
Melrose30%SStudio,1BA$825
422 11th Ave - Amazing Studios!Studio MFTEStudio,1BA$832

Best Value Apartments for Rent in Central Seattle, WA

As of April 28, 2026 the best value apartment in the Central Seattle area is the $2.04 price per square foot 2BR/1.0BA Model at Madison Court in the in the Capitol Hill neighborhood starting from $2,195. The second greatest value Central Seattle apartment is the 2 Bed 2 Bath Model at Plaza Roberto Maestas starting at $1,097 with a $1.12 price per square foot in the West Seattle neighborhood. Here is today’s list of the best values for Central Seattle apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Madison Court2BR/1.0BA2BR,1BA$2.04
Plaza Roberto Maestas2 Bed 2 Bath2BR,2BA$1.12
Minor Tower Apartments - Located in Eastlake1 Bed / 1 Bath1BR,1BA$2.05
Pacific Ridge1BR/1.0BA1BR,1BA$2.06
Triad Apartments1BR/1.0BA1BR,1BA$2.15
Berneva1B1BR,1BA$2.09
Uncle Bob's PlaceStudioStudio ,1BA$2.12
An LacStudioStudio ,1BA$2.11
Louisa HotelStudio ApartmentsStudio ,1BA$2.15
Madison 2.0 Studios in Capitol Hill!0BR/1.0BAStudio ,1BA$2.08

Frequently Asked Questions about Central Seattle

What type of rentals are currently available in Central Seattle?

There are currently 1665 Apartments for Rent in Central Seattle, WA with pricing that ranges from $600 to $16,015. There are also 185 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Seattle ranging from $500 to $6,500.

What is the current price range for Rental Homes in Central Seattle?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Central Seattle ranges from $500 to $6,500 with an average monthly rent of $2,950.

How much are larger Three and Four Bedroom Rentals in Central Seattle?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Central Seattle range from $1,135 to $12,578, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,100 to $6,500. Four Bedroom Single-Family rentals are also available starting from $3,195 and Four Bedroom Apartments start at $2,730.

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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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

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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

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

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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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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.

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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.