Cheap Homes for Rent in Downtown Seattle Neighborhood of Seattle, WA from $1,500 (16 Rentals)

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

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.

property at 2100 3rd Ave

2100 3rd Ave

SeattleWA98121

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.

property at 2929 1st Ave

2929 1st Ave

SeattleWA98121

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.

property at 76 Cedar St

76 Cedar St

SeattleWA98121

Downtown Seattle, Seattle, WA Local Guide

Cheapest Available Downtown Seattle Apartments for Rent

 

The cheapest available apartment rental in the Downtown Seattle area of Seattle, WA is a Studio unit found at Alps Apartments priced from $675. Modern Cozy Studio Apartments in First Hill has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Downtown Seattle apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Alps ApartmentsMicro StudioStudio,1BA$675
Modern Cozy Studio Apartments in First HillStudioStudio,1BA$725
Sorento FlatsLOW MOVE IN COSTS!!! UNITS $1000 AND BELOW!!!Studio,1BA$750
Lincoln CourtSStudio,1BA$790
Melrose30%SStudio,1BA$790

Best Value Apartments for Rent in Downtown Seattle, WA

As of May 24, 2025 the best value apartment in the Downtown Seattle area is the $2.16 price per square foot 2BR/1.0BA Model at Roosevelt Apartments in the in the Capitol Hill neighborhood starting from $2,375. The second greatest value Downtown Seattle apartment is the 2X2 Model at Terrace View starting at $2,399 with a $2.28 price per square foot in the Downtown Seattle neighborhood. Here is today’s list of the best values for Downtown Seattle apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Roosevelt Apartments2BR/1.0BA2BR,1BA$2.16
Terrace View2X22BR,2BA$2.28
Alderview - 300 11th Ave1BR/1.0BA1BR,1BA$2.18
Bancroft Apartments1BR/1.0BA1BR,1BA$2.48
Sheridan ApartmentsStudioStudio ,1BA$1.81
Washington Terrace Senior Affordable ApartmentsA071BR,1BA$2.22
Uncle Bob's PlaceStudioStudio ,1BA$2.15
Stratford on 4th0BR/1.0BAStudio ,1BA$2.19
Devonshire50% StudioStudio ,1BA$2.49
The Humphrey Apartments0BR/1.0BAStudio ,1BA$2.47

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 Downtown Seattle

What type of rentals are currently available in Downtown Seattle?

There are currently 834 Apartments for Rent in Downtown Seattle, WA with pricing that ranges from $790 to $31,995. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Seattle ranging from $1,540 to $6,400.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Seattle ranges from $1,540 to $6,400 with an average monthly rent of $3,467.

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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.