Cheap Homes for Rent in Seattle, WA from $500 (146 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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 9411 NE 173rd St

$990

Total Monthly Price

Total Monthly Price

Base Rent
$990

Total Monthly Price
$990

1 Bedroom, 1 Bath Home for Rent

Available Now

9411 NE 173rd St

BothellWA98011
property at 4544 20th Ave NE

$1,000 - $1,125

Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $1,125

Total Monthly Price
$1,000 - $1,125

Studio, 1 Bath Condo for Rent

Available Now

4544 20th Ave NE

SeattleWA98105
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 Nov 1

721 S Rose St

SeattleWA98108
property at 925 N 85th St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

1 Bedroom, 1 Bath Townhome for Rent

Available Now

925 N 85th St

SeattleWA98103

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 6708 15th Ave NW

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

Studio To 2 Bedroom Townhomes for Rent

Available Now

6708 15th Ave NW

SeattleWA98117

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.

property at 5915 S Cooper St

$1,225

Total Monthly Price

Total Monthly Price

Base Rent
$1,225

Total Monthly Price
$1,225

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

5915 S Cooper St, Unit Master BR BA

5915 S Cooper St
SeattleWA98118

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.

Seattle, WA Local Guide

Cheapest Neighborhoods for Apartments in Seattle, WA

Pricing Updated: 07/18/2026

Current apartment rentals in the Seattle, WA area range in price from $594 to $27,770 with an overall median price of $4,883. The three Seattle neighborhoods with the lowest median rent pricing are Cedar Mountain at $1,600, Duwamish at $1,399, and Olympic View at $670. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Seattle Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Cedar Mountain$1,600$1,6001
Duwamish$1,699$1,39915
Olympic View$1,875$670158
Burien South$1,900$1,2757
Matthews Beach$1,965$85018
Foster$1,970$99945
Yost Park$1,999$1,49518
Bitter Lake$1,999$1,29534
Chase Lake$2,018$1,31529
Lake City$2,064$850227

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 $610. Alcove Ballard Apartments in the Queen Anne neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable Seattle apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Alps HotelStudio 1 BathStudio,1BA$610
Alcove Ballard ApartmentsStudio MFTEStudio,1BA$725
Milwaukee Apartments1 Bed 1 Bath1BR,1BA$735
Discover Horizon Phinney!StudioStudio,1BA$750
The Windham ApartmentsPikeStudio,1BA$755
422 11th Ave - Amazing Studios!Studio MFTEStudio,1BA$785
Husky Court ApartmentsHC NEW 795 price startStudio,1BA$795
Avalon Micro StudiosMicro StudioStudio,1BA$795
Alcove First HillStudio LVT - MFTEStudio,1BA$795

Best Value Apartments for Rent in Seattle, WA

As of July 19, 2026 the best value apartment in the Seattle area is the $1.50 price per square foot 3 Beds, 2.5 Baths Model at 150 S 152nd St in the in the Salmon Creek neighborhood starting from $2,795. 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.
150 S 152nd St3 Beds, 2.5 Baths3BR,2.5BA$1.50
8801 Aurora Ave N, Unit Room 18801 Aurora Ave N5BR,3BA$0.53
4538 18th Ave NEPod Second Floor6BR,1.5BA$0.63
Century Plaza2 Bed 1 Bath2BR,1BA$1.54
Centrally Located Apartments in Burien!2BR/1.0BA2BR,1BA$1.57
Nolan4 x 2 Terrace4BR,2BA$1.40
Pacific Sunrise3x1.5 RF3BR,1.5BA$1.54
Courtland PlaceTwo Bedroom One Bath2BR,1BA$1.43
Plaza Roberto Maestas1 Bed 1 Bath1BR,1BA$1.18
2315 E Ward St, Unit C2315 E Ward St1BR,1BA$0.10

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 7650 Apartments for Rent in Seattle, WA with pricing that ranges from $594 to $27,109. There are also 1152 Single Family Homes for rent, Condos, and Townhome rentals currently available in Seattle ranging from $505 to $22,000.

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 $505 to $22,000 with an average monthly rent of $5,107.

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 $900 to $23,969, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,250 to $22,000. Four Bedroom Single-Family rentals are also available starting from $800 and Four Bedroom Apartments start at $790.

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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The Emerald Citys Secrets: A 30-Year Locals Guide to Renting in Seattle

Written by: Sharon Stallings

I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. I've lived here for 30+ years and have watched the city grow while holding onto what makes it unique.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.