Cheap Homes for Rent in Seattle, WA from $500 (137 Rentals)

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

property at 110 NE 40th St

$600

Total Monthly Price

Total Monthly Price

Base Rent
$600

Total Monthly Price
$600

5 Bedroom, 3 Bath Home for Rent

Available Now

110 NE 40th St

SeattleWA98105

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.

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.

property at 4346 S 178th St

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

1 Bedroom, 1 Bath Home for Rent

Available Now

4346 S 178th St

SeatacWA98188

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.

property at 14018 89th Ave NE

$900 - $1,150

1 Bedroom, 1.5 Bath Home for Rent

Available Now

14018 89th Ave NE

KirklandWA98034
property at 721 S Rose St

$1,100 - $1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,400

Total Monthly Price
$1,100 - $1,400

1 Bedroom, 1 Bath Home for Rent

Available Jul 1

721 S Rose St

SeattleWA98108

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.

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.

Seattle, WA Local Guide

Cheapest Neighborhoods for Apartments in Seattle, WA

Pricing Updated: 04/18/2026

Current apartment rentals in the Seattle, WA area range in price from $594 to $32,316 with an overall median price of $6,021. The three Seattle neighborhoods with the lowest median rent pricing are Port of Edmonds at $1,500, Duwamish at $1,500, and South Des Moines at $1,290. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Seattle Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Port of Edmonds$1,500$1,5001
Duwamish$1,750$1,5002
South Des Moines$1,795$1,29019
Pioneer Square$1,807$61765
Manette$1,843$1,00064
Lake Burien$1,850$1,2008
East Park$1,862$1,00078
Town Of Edmonds Waterfront$1,871$1,5003
Olympic View$1,872$670163
Sheridan Park$1,882$1,00080

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 $555. Filipino Community Village (Affordable, 55+) in the Mercer Heights neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $594. Here is today’s list of the most affordable Seattle apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Alps HotelStudio 1 BathStudio,1BA$555
Filipino Community Village (Affordable, 55+)Studio Homes for Seniors 55+Studio,1BA$594
Milwaukee Apartments2 Bed 2 Bath2BR,2BA$600
Alcove Ballard ApartmentsStudio MFTEStudio,1BA$695
Alcove Spring Park - Modern Cozy Studio Apartments in First HillStudioStudio,1BA$750
The Windham ApartmentsPikeStudio,1BA$755
Oregon ApartmentsStudio A - 30% AMIStudio,1BA$757
Belmont Flats0BR/0.5BAStudio,$795
Amherst Micro StudiosMicro StudioStudio,1BA$795
Madison 2.0 Studios in Capitol Hill!MFTE- Income Specific UnitsStudio,1BA$795

Best Value Apartments for Rent in Seattle, WA

As of April 18, 2026 the best value apartment in the Seattle area is the $1.07 price per square foot 2BR Model at 2024 NW 59th St in the in the Queen Anne neighborhood starting from $1,945. 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.
2024 NW 59th St2BR2BR,1BA$1.07
8801 Aurora Ave N, Unit Room 18801 Aurora Ave N5BR,3BA$0.53
9411 50th Ave S9411 50th Ave S3BR,2BA$1.37
4538 18th Ave NEPod Second Floor6BR,1.5BA$0.63
A&T Investments4-Bedroom/3-Bathroom Apartments4BR,3BA$0.73
The Edge North2X22BR,2BA$1.67
Plaza Roberto Maestas2 Bed 2 Bath2BR,2BA$1.12
La Vista Apartments2 Bedroom 1 Bath2BR,1BA$1.63
Whisperwood Apartments1x11BR,1BA$1.45
Courtland PlaceTwo Bedroom One Bath2BR,1BA$1.41

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Seattle

What type of rentals are currently available in Seattle?

There are currently 7648 Apartments for Rent in Seattle, WA with pricing that ranges from $555 to $32,316. There are also 1030 Single Family Homes for rent, Condos, and Townhome rentals currently available in Seattle ranging from $515 to $18,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Seattle ranges from $515 to $18,000 with an average monthly rent of $5,022.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Seattle range from $1,099 to $31,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $7,000. Four Bedroom Single-Family rentals are also available starting from $800 and Four Bedroom Apartments start at $873.

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

Written by: Sharon Stallings

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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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.

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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.