Cheap Apartments for Rent in the Lake Union Neighborhood of Seattle, WA from $600 (146 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lake Union 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 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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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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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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Lake Union, Seattle, WA Local Guide

Cheapest Available Lake Union Apartments for Rent

 

The cheapest available apartment rental in the Lake Union area of Seattle, WA is a Studio unit found at Amherst Micro Studios priced from $795. Eastlake Flats has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable Lake Union apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Amherst Micro StudiosMicro StudioStudio,1BA$795
Eastlake FlatsA - Small StudioStudio,1BA$895
Alloy0BR/1.0BAStudio,1BA$1,015
Vermont InnFurnished- Six Month LeaseStudio,1BA$1,050
Kulle Urban LivingUrban Studio AStudio,1BA$1,070
Abbey Park Apartments1 Bedroom1BR,1BA$1,075
2371 Franklin Apartments in EastlakeStudioStudio,1BA$1,115
741 Harvard Modern studios with w/d in unit!0BR/1.0BAStudio,1BA$1,187
515 East Denny Apartments0BR/1.0BAStudio,1BA$1,195
Harvard House1BR/1.0BA1BR,1BA$1,195

Best Value Apartments for Rent in Lake Union, WA

As of December 23, 2025 the best value apartment in the Lake Union area is the $2.42 price per square foot 2BD/2BA Model at 6th Ave Apartments in the in the Queen Anne neighborhood starting from $2,500. The second greatest value Lake Union apartment is the 2 Bedroom Model at Lakeview Apartments starting at $1,850 with a $2.31 price per square foot in the Capitol Hill neighborhood. Here is today’s list of the best values for Lake Union apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
6th Ave Apartments2BD/2BA2BR,2BA$2.42
Lakeview Apartments2 Bedroom2BR,1BA$2.31
La Rochelle1X1 A1BR,1BA$2.27
Larson BuildingStudioStudio ,1BA$2.21
Roycroft ApartmentsBasement 1bds1BR,1BA$2.49
Dumar Apartments1BD/1BA1BR,1BA$2.42
414 E Mercer St, Unit 0414 E Mercer StStudio ,1BA$2.25
Abbey Park Apartments1x11BR,1BA$2.27
Harvard House1BR/1.0BA1BR,1BA$2.52
Alloy0BR/1.0BAStudio ,1BA$2.14

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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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

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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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Pet Friendly Lifestyle
Lake Union, Seattle, WA

Ranked #16

Among cities in Washington for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team of engineers and researchers compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Lake Union, Seattle, and the greater Seattle area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, places that make kids happy, raising pets, transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Lake Union Apartments

What is the Cheapest Studio apartment in Lake Union?

Currently the most affordable Cheap Studio Apartment in Lake Union is at Amherst Micro Studios listed at $795.

How much is rent for a Cheap One Bedroom Lake Union Apartment?

The lowest price for a Cheap One Bedroom Lake Union Apartment is $1,075 at Abbey Park Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lake Union is starting from $1,767 at Oleta.

What is the most affordable Lake Union Three Bedroom Apartment?

The best deal on a cheap Lake Union Three Bedroom Apartment rental is at Galleon and starts from $2,795.

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.