Cheap Homes for Rent in Seattle, WA from $500 (129 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.

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property at 459 Index Ave NE

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700
Total Monthly Price
$700

2 Bedroom, 1 Bath Home for Rent

Available Now

459 Index Ave NE

RentonWA98056

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.

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property at 4544 20th Ave NE

$1,000 - $1,125

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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

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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property at 829 23rd Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

Studio, 1 Bath Home for Rent

Available Now

829 23rd Ave, Unit Studio

829 23rd Ave
SeattleWA98122
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
property at 4702 S Lucile St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150

Studio, 1 Bath Condo for Rent

Available Now

4702 S Lucile St, Unit B

4702 S Lucile St
SeattleWA98118
property at 4719 SW Findlay St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

3 Bedroom, 2 Bath Home for Rent

Available Now

4719 SW Findlay St

SeattleWA98136

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.

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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
property at 9411 NE 173rd St

$1,290

Total Monthly Price

Total Monthly Price

Base Rent
$1,290
Total Monthly Price
$1,290

1 Bedroom, 1 Bath Home for Rent

Available Now

9411 NE 173rd St

BothellWA98011

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.

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Showing Results 1-50, Page 1 of 3

Seattle, WA Local Guide

Cheapest Neighborhoods for Apartments in Seattle, WA

Pricing Updated: 06/03/2026

Current apartment rentals in the Seattle, WA area range in price from $594 to $31,995 with an overall median price of $4,750. The three Seattle neighborhoods with the lowest median rent pricing are Chinatown at $610, Lake Burien at $1,175, and South Des Moines at $1,150. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Seattle Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Chinatown$1,800$610160
Lake Burien$1,850$1,17512
South Des Moines$1,872$1,15014
Olympic View$1,872$670161
Pioneer Square$1,875$61084
Foster$1,899$90044
Burien South$1,900$1,17520
Duwamish$1,921$1,5004
Three Tree Point$1,925$1,17534
Sunnydale$1,925$1,17534

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. Milwaukee Apartments in the Downtown Seattle neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $635. Here is today’s list of the most affordable Seattle apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Alps HotelStudio 1 BathStudio,1BA$610
Milwaukee ApartmentsStudio 1 BathStudio,1BA$635
Plaza Roberto Maestas2 Bed 2 Bath2BR,2BA$695
Alcove Ballard ApartmentsStudio MFTEStudio,1BA$725
Capitola Apartments0BR/1.0BAStudio,1BA$750
Alcove West Seattle - Affordable and Efficient Studio Building in the Heart of West SeattleStudioStudio,1BA$750
The Windham ApartmentsPikeStudio,1BA$755
Husky Court ApartmentsHC NEW 795 price startStudio,1BA$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 June 03, 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
4538 18th Ave NEPod Second Floor6BR,1.5BA$0.63
Whisperwood Apartments2x12BR,1BA$1.41
Plaza Roberto Maestas2 Bed 2 Bath2BR,2BA$0.71
Nolan4 x 2 Terrace4BR,2BA$1.40
Theory U DistrictB8C2BR,2BA$1.43
Courtland PlaceTwo Bedroom One Bath2BR,1BA$1.41
Hong Kong Apartments1 Bedroom 1 Bath1BR,1BA$1.16
The Link Apartments1BR/1.0BA1BR,1BA$1.27

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 7653 Apartments for Rent in Seattle, WA with pricing that ranges from $594 to $31,995. There are also 934 Single Family Homes for rent, Condos, and Townhome rentals currently available in Seattle ranging from $505 to $24,890.

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 $24,890 with an average monthly rent of $4,841.

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 $31,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $24,890. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $1,199.

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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.