Cheap Homes for Rent in Seattle, WA from $500 (110 Rentals)

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

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 127 NE 164th St

$730

Total Monthly Price

Total Monthly Price

Base Rent
$730

Total Monthly Price
$730

Studio, 1 Bath Townhome for Rent

Available Now

127 NE 164th St

ShorelineWA98155

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 12340 8th Ave NE

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

1 Bedroom, 1.5 Bath Home for Rent

Available Now

12340 8th Ave NE

SeattleWA98125
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 Now

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.

property at 6200 30th Ave NE

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

1 Bedroom, 1 Bath Home for Rent

Available Now

6200 30th Ave NE, Unit Bedroom 1

6200 30th Ave NE
SeattleWA98115
property at 5726 Roosevelt Way NE

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

1 Bedroom, 1.5 Bath Townhome for Rent

Available Now

5726 Roosevelt Way NE

SeattleWA98105

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 2515 E Yesler Way

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom, 2 Bath Townhome for Rent

Available Now

2515 E Yesler Way

SeattleWA98122
property at 1612 26th Ave

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

5 Bedroom, 3 Bath Home for Rent

Available Now

1612 26th Ave

SeattleWA98122

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.

Seattle, WA Local Guide

Cheapest Neighborhoods for Apartments in Seattle, WA

Pricing Updated: 03/03/2026

Current apartment rentals in the Seattle, WA area range in price from $581 to $38,455 with an overall median price of $5,291. The three Seattle neighborhoods with the lowest median rent pricing are Lake Burien at $1,250, Pacific Ridge at $1,350, and South Des Moines at $1,250. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Seattle Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Lake Burien$1,630$1,2506
Pacific Ridge$1,697$1,3506
South Des Moines$1,756$1,25016
Foster$1,879$1,23050
North College Park$1,895$95043
Manette$1,904$80050
East Park$1,924$80062
Sheridan Park$1,924$80061
Burien South$1,950$1,25014
Downtown Bremerton$1,980$97446

Cheapest Available Seattle Apartments for Rent

 

The cheapest available apartment rental in Seattle, WA is a Studio unit found at Eden Apartments in the Dunlap neighborhood priced from $525. 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
Eden Apartments0BR/1.0BAStudio,1BA$525
Filipino Community Village (Affordable, 55+)Studio Homes for Seniors 55+Studio,1BA$594
Alps HotelStudio 1 BathStudio,1BA$617
Discover Horizon Phinney!StudioStudio,1BA$650
Sun PropertyFurnished dorm roomStudio,$651
Hudson House0BR/0.5BAStudio,$699
Cantor StudiosStudioStudio,1BA$700
Alcove Ballard ApartmentsStudioStudio,1BA$725
Sun lightMicro Studio STUDENT ONLYStudio,1BA$745
Alcove Spring Park - Modern Cozy Studio Apartments in First HillStudioStudio,1BA$749

Best Value Apartments for Rent in Seattle, WA

As of March 03, 2026 the best value apartment in the Seattle area is the $1.21 price per square foot 5120 S Roxbury St Model at 5120 S Roxbury St, Unit 8 in the in the Dunlap neighborhood starting from $2,250. 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.
5120 S Roxbury St, Unit 85120 S Roxbury St3BR,1.5BA$1.21
8801 Aurora Ave N, Unit Room 18801 Aurora Ave N5BR,3BA$0.53
4538 18th Ave NEPod Second Floor6BR,1.5BA$0.58
Courtland PlaceTwo Bedroom Two Bath2BR,2BA$1.56
Watershed Renton3 Bed 2 Bath3BR,2BA$1.58
4801 Aurora Ave N, Unit 48014801 Aurora Ave N2BR,1BA$1.50
Samaki Commons3 Bedroom 1 Bath3BR,1BA$0.88
The Edge North1X11BR,1BA$1.63
SPOKANE AT RAINIER COURT a 55+ Affordable CommunityTwo Bedroom One Bath2BR,1BA$1.62
DakotaOne Bedroom One Bath1BR,1BA$1.58

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

Explore Seattle, WA Rentals by Map

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Frequently Asked Questions about Seattle

What type of rentals are currently available in Seattle?

There are currently 7653 Apartments for Rent in Seattle, WA with pricing that ranges from $581 to $36,458. There are also 944 Single Family Homes for rent, Condos, and Townhome rentals currently available in Seattle ranging from $530 to $13,000.

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 $530 to $13,000 with an average monthly rent of $4,721.

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 $1,550 to $7,950. Four Bedroom Single-Family rentals are also available starting from $800 and Four Bedroom Apartments start at $1,099.

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.

Articles, How-To's, and Tips

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.