Cheap Apartments for Rent in the Interbay Neighborhood of Seattle, WA from $940 (125 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Interbay area of Seattle.

Living Life Outside of the City: An Expert's Guide to the Best Surrounding Cities Near Seattle for Renters

Moving to the Seattle metro area? Explore our expert's guide to the best nearby cities for renters, including Redmond, Kirkland, and Renton. Find the right fit for your budget and commute. Check Availability today!

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Slate Apartments
Rent Specials
$1,551 - $3,597

Total Monthly Price

Base Rent$1,551 - $3,597

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Slate Apartments

3040 17th Ave WSeattle, WA 98119
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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Novi at Queen Anne
Rent Specials
$1,615 - $4,080

Total Monthly Price

Base Rent$1,615 - $4,080

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Novi at Queen Anne

312 2nd Ave WSeattle, WA 98119
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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ION Queen Anne
Rent Specials
$1,834 - $4,664

Total Monthly Price

Base Rent$1,834 - $4,664

Total Monthly Price$1,834 - $4,664
1 to 2 Bedroom Apartments Available Now

ION Queen Anne

2222 15th Ave WSeattle, WA 98119
Furnished
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  • Smoke Free

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 3420 15th Ave W
$1,850
1 Bedroom, 1 Bath Rentals
Available Now
Affordability

105

3420 15th Ave W
SeattleWA98119
property at 627 W Mercer Pl
$1,900
2 Bedroom, 1 Bath Rentals
Available Now
Affordability

1

627 W Mercer Pl
SeattleWA98119
property at 711 3rd Ave W
$1,950

Total Monthly Price

Base Rent$1,950

Total Monthly Price$1,950
2 Bedroom, 1 Bath Condo for Rent
Available Sep 25
Affordability

711 3rd Ave W, Unit Roycrest

711 3rd Ave W
SeattleWA98119

Seattle's Best Affordable Neighborhoods

Learn about Seattle, WA and the best places to live with original content written by our Local Expert Sharon Stallings

property at 3045 20th Ave W
$2,100

Total Monthly Price

Base Rent$2,100

Total Monthly Price$2,100
1 Bedroom, 1 Bath Condo for Rent
Available Oct 1
Affordability

3045 20th Ave W, Unit 101

3045 20th Ave W
SeattleWA98199
  • Smoke Free
property at 2243 14th Ave W
$1,800 - $2,100
2 Bedroom Rentals
Available Now
Affordability

2243 14th Ave W

SeattleWA98119
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The Naomi
Studio Apartments

The Naomi

625 4th Ave WSeattle, WA 98119
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Queen Anne Arms
Studio to 1 Bedroom Apartments

Queen Anne Arms

621 1st Ave WSeattle, WA 98119
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Chandler Hall
Studio to 1 Bedroom Apartments

Chandler Hall

119 Roy StSeattle, WA 98109
  • Utilities Included

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Interbay, Seattle, WA Local Guide

Cheapest Available Interbay Apartments for Rent

 

The cheapest available apartment rental in the Interbay area of Seattle, WA is a Studio unit found at The Queensborough Apartments priced from $1,285. Lanterman Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,380. Here are the most affordable Interbay apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
The Queensborough Apartments0BR/1.0BAStudio,1BA$1,285
Lanterman ApartmentsSEDU LStudio,1BA$1,380
Timeless Elegance!STUDIO/1BAStudio,1BA$1,425
Skyline Units1BR/1.0BA1BR,1BA$1,450
Franconia Apartments0BR/1.0BAStudio,1BA$1,495
901 W Howe St1BR/1.0BA1BR,1BA$1,500
The Aire0/1.00Studio,1BA$1,545
Mercer Crest Apartments1BR/1.0BA1BR,1BA$1,545
Betty May Apartments1BR/1.0BA1BR,1BA$1,550
ContourSummit - 1x1 Open1BR,1BA$1,554

Best Value Apartments for Rent in Interbay, WA

As of September 06, 2026 the best value apartment in the Interbay area is the $2.05 price per square foot MFR-Y18 Model at Y12-25 in the in the Queen Anne neighborhood starting from $2,250. The second greatest value Interbay apartment is the 2BR/1.0BA Model at 524 5th Ave W, #100-404 starting at $2,295 with a $2.30 price per square foot in the Queen Anne neighborhood. Here is today’s list of the best values for Interbay apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Y12-25MFR-Y182BR,2BA$2.05
524 5th Ave W, #100-4042BR/1.0BA2BR,1BA$2.30
The Franciscan1 BR/ 1 BA1BR,1BA$1.74
Magnolia and Magnolia Crest1x1A Renovated1BR,1BA$2.33
32212631BR/1.0BA1BR,1BA$2.13
1633 Apartments1BR/1.0BA1BR,1BA$2.30
Glen Eden LLC1BR/1.0BA1BR,1BA$2.32
Magnolia Manor Apartments1 Bed, 1 bath1BR,1BA$2.40
Nordic Pointe Apartments1/1.001BR,1BA$2.39
Skyline Units1BR/1.0BA1BR,1BA$2.31

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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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.

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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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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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Lifestyle Ratings

Our team is proud to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States including Interbay, Seattle, and the greater Seattle area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, transit availability, pet-friendly communities, places that make kids happy, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Interbay Apartments

What is a cheap apartment in Interbay?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Interbay is under $1,554.

What is the price of a cheap apartment in Interbay?

The cheapest apartment in Interbay is Skyline Units which is listed at $1,450, while the average apartment in Interbay costs $2,029.

What types of apartments are the cheapest in Interbay?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 6 regular apartments in Interbay that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

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Living Life Outside of the City: An Expert's Guide to the Best Surrounding Cities Near Seattle for Renters

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Greetings! I’m Sharon, your ApartmentHomeLiving.com guide, local expert for Seattle. We find the best balance of livability and affordability using our local expertise.

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

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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.

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.