Cheap Apartments for Rent in the Interbay Neighborhood of Seattle, WA from $1,000 (62 Rentals)

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

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.

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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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
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Regan Lee Apartments
Studio to 1 Bedroom Apartments

Regan Lee Apartments

603 3rd Ave WSeattle, WA 98119
  • Utilities Included
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Kerry Park
Studio Apartments

Kerry Park

1420 4th Ave WSeattle, WA 98119
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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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919 2nd Ave W
1 Bedroom Apartments

919 2nd Ave W

919 2nd Ave WSeattle, WA 98119
  • Utilities Included
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Queen Anne Arms
1 Bedroom Apartments

Queen Anne Arms

621 1st Ave WSeattle, WA 98119

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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Lyons Gate Apartments
1 to 2 Bedroom Apartments

Lyons Gate Apartments

2642 21st Ave WSeattle, WA 98199
  • Utilities Included
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GX Grex Apartments
Studio to 1 Bedroom Apartments

GX Grex Apartments

503 1st Ave WSeattle, WA 98119
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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 Apartments

Lola Apartments

326 Mercer StSeattle, WA 98119
  • Utilities Included
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318 W Lee St
1 Bedroom Apartments

318 W Lee St

318 W Lee StSeattle, WA 98119
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Cinebar
1 Bedroom Apartments

Cinebar

3240-3250 15th Ave WSeattle, WA 98119
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Betty May Apartments
Studio to 1 Bedroom Apartments

Betty May Apartments

221 W Mercer StSeattle, WA 98119
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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

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 Leonard Apartments priced from $1,325. Lanterman Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,350. Here are the most affordable Interbay apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Leonard Apartments0BR/1.0BAStudio,1BA$1,325
Lanterman ApartmentsSEDU MStudio,1BA$1,350
Belvedere Apts. Queen AnneStudio302Studio,1BA$1,350
The Queensborough Apartments0BR/1.0BAStudio,1BA$1,350
Skyline House Apartments10 StackStudio,1BA$1,358
The Iris ApartmentsSTUDIO/1BAStudio,1BA$1,395
Olympic Arms/ Grayson Apartments0BR/1.0BAStudio,1BA$1,445
509 1stStudio1BR,1BA$1,495
WernerGrand + DresdenStudio,1BA$1,500

Best Value Apartments for Rent in Interbay, WA

As of July 22, 2025 the best value apartment in the Interbay area is the $2.33 price per square foot 2BR/1.0BA Model at Discover Comfortable Living at Wembley Par in the in the Queen Anne neighborhood starting from $2,095. The second greatest value Interbay apartment is the 1BR/1.0BA Model at Elise Apartments starting at $2,295 with a $2.68 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.
Discover Comfortable Living at Wembley Par2BR/1.0BA2BR,1BA$2.33
Elise Apartments1BR/1.0BA1BR,1BA$2.68
Wharfside Pointe1 Bed, 1 Bath A1BR,1BA$2.36
3419 22nd Ave W, Unit 34193419 22nd Ave W2BR,1BA$2.52
IR Ireland Apartments1BR/1.0BA1BR,1BA$2.63
Nordic Pointe1 Bed - 7001BR,1BA$2.56
Delamar1BR/1.0BA1BR,1BA$2.76
The Standard1BR/1.0BA1BR,1BA$2.66
Leonard Apartments0BR/1.0BAStudio ,1BA$2.32
Belvedere Apts. Queen AnneStudio302Studio ,1BA$2.57

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.

Getting Around the Interbay Neighborhood in Seattle, WA

Walk Score®

69 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

82 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

53 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Interbay Apartments

What is the Cheapest Studio apartment in Interbay?

Currently the most affordable Cheap Studio Apartment in Interbay is at Leonard Apartments listed at $1,325.

How much is rent for a Cheap One Bedroom Interbay Apartment?

The lowest price for a Cheap One Bedroom Interbay Apartment is $1,379 at Skyline House Apartments.

What is the lowest price for a Cheap Two Bedroom Interbay Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Interbay is starting from $1,869 at Skyline House Apartments.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.