Cheap Apartments for Rent in the Interbay Neighborhood of Seattle, WA from $1,000 (80 Rentals)

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

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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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The Naomi
Studio Apartments

The Naomi

625 4th Ave WSeattle, WA 98119
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Howard Apartments
1 Bedroom Apartments

Howard Apartments

1521-1531 NW 51st StSeattle, WA 98107

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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Regan Lee Apartments
Studio to 1 Bedroom Apartments

Regan Lee Apartments

603 3rd Ave WSeattle, WA 98119
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Kerry Park
Studio to 2 Bedroom Apartments

Kerry Park

1420 4th Ave WSeattle, WA 98119
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Chander Hall
Studio to 1 Bedroom Apartments

Chander Hall

119 Roy StSeattle, WA 98109
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319 W Olympic Pl
Studio to 1 Bedroom Apartments

319 W Olympic Pl

319 W Olympic PlSeattle, WA 98119
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919 2nd Ave W
1 Bedroom Apartments

919 2nd Ave W

919 2nd 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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Sophia Apartments
Studio to 2 Bedroom Apartments

Sophia Apartments

607 W Galer StSeattle, WA 98119

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.

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Grex Apartments
Studio to 1 Bedroom Apartments

Grex Apartments

503 1st Ave WSeattle, WA 98119
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Leonard Apartments
Studio to 1 Bedroom Apartments

Leonard Apartments

715 1st Ave WSeattle, WA 98119
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Mercedes Apartments
Studio to 1 Bedroom Apartments

Mercedes Apartments

617 3rd Ave WSeattle, WA 98119
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Lyons Gate Apartments
1 to 3 Bedroom Apartments

Lyons Gate Apartments

2642 21st Ave WSeattle, WA 98199
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Raleigh House
1 to 2 Bedroom Apartments

Raleigh House

2201-2215 14th Ave WSeattle, WA 98119
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Lola Apartments
Studio to 1 Bedroom Apartments

Lola Apartments

326 Mercer StSeattle, WA 98119
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318 W Lee St
1 to 2 Bedroom Apartments

318 W Lee St

318 W Lee StSeattle, WA 98119

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.

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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 Chander Hall priced from $1,250. Prime location for walkable living near shops and restaurants! has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here are the most affordable Interbay apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Chander Hall0BR/1.0BAStudio,1BA$1,250
Prime location for walkable living near shops and restaurants!1BD/1BA1BR,1BA$1,300
WernerHamburgStudio,1BA$1,300
Novi at Queen AnneStudio - AStudio,1BA$1,316
Ion Queen Anne ApartmentsStudio CStudio,1BA$1,325
Lanterman ApartmentsSEDU PStudio,1BA$1,335
Leonard Apartments0BR/1.0BAStudio,1BA$1,350
Grex Apartments0BR/1.0BAStudio,1BA$1,350
Mercedes Apartments1bd1BR,1BA$1,375
Counterbalance ApartmentsStudioStudio,1BA$1,450

Best Value Apartments for Rent in Interbay, WA

As of January 28, 2026 the best value apartment in the Interbay area is the $1.84 price per square foot 1 BR/ 1 BA Model at The Franciscan in the in the Queen Anne neighborhood starting from $1,750. The second greatest value Interbay apartment is the 2058 14th Ave W Model at 2058 14th Ave W, Unit 3 starting at $1,745 with a $2.05 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.
The Franciscan1 BR/ 1 BA1BR,1BA$1.84
2058 14th Ave W, Unit 32058 14th Ave W2BR,1BA$2.05
Gilmanor Apartments | A Premier Magnolia Community2 Bed | 1.5 Bath2BR,1.5BA$2.24
Wharfside PointePlan 1A1BR,1BA$2.46
Magnolia Court2bd -5052BR,1BA$2.54
Five 2 Five 1st Ave West1BR/1.0BA1BR,1BA$2.49
Magnolia Manor Apartments1 Bed, 1 bath1BR,1BA$2.40
Hamrick & Halmark1BR/1.0BA1BR,1BA$2.38
Leonard Apartments1BR/1.0BA1BR,1BA$2.36
Betty May Apartments1BR/1.0BA1BR,1BA$2.66

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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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 $1,450.

What is the price of a cheap apartment in Interbay?

The cheapest apartment in Interbay is Prime location for walkable living near shops and restaurants! which is listed at $1,300, while the average apartment in Interbay costs $5,471.

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 3 regular apartments in Interbay that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Interbay?

Cheap apartments in Interbay have an average cost of $280 which is $5,191 cheaper than the average rent for all rentals in Interbay.

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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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.