Cheap Apartments for Rent in the Lake Union Neighborhood of Seattle, WA from $600 (108 Rentals)

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

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Lakeview Apartments
Studio to 2 Bedroom Apartments

Lakeview Apartments

1170 Harrison StSeattle, WA 98109
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Alturra
Studio Apartments

Alturra

306 Summit Ave ESeattle, WA 98102
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Eastlake Flats
Studio Apartments

Eastlake Flats

2820 Eastlake Ave ESeattle, WA 98102

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

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The Avante Apartments
Studio to 1 Bedroom Apartments

The Avante Apartments

525 Bellevue Ave ESeattle, WA 98102
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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 El Mondo Apartments priced from $950. Amherst Micro Studios has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable Lake Union apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
El Mondo Apartments0BR/1.0BAStudio,1BA$950
Amherst Micro StudiosMicro StudioStudio,1BA$950
Fremont Solstice2BS2BR,1BA$1,017
Kulle Urban LivingUrban Studio FStudio,1BA$1,050
Vermont InnFurnished- Six Month LeaseStudio,1BA$1,195
Odessa ApartmentsStudio LoftStudio,1BA$1,249
Castle Apartments101Studio,1BA$1,250
EnveStudio AStudio,1BA$1,250
Summit TerraceSTUDIOStudio,1BA$1,295
Oleta0/1Studio,1BA$1,317

Best Value Apartments for Rent in Lake Union, WA

As of June 08, 2025 the best value apartment in the Lake Union area is the $1.83 price per square foot 2733 Franklin Ave E Model at 2733 Franklin Ave E, Unit 2733 in the in the Cascade neighborhood starting from $3,200. The second greatest value Lake Union apartment is the 2510 Fairview Ave E Model at 2510 Fairview Ave E, Unit 200 starting at $3,595 with a $2.40 price per square foot in the Cascade 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.
2733 Franklin Ave E, Unit 27332733 Franklin Ave E2BR,2BA$1.83
2510 Fairview Ave E, Unit 2002510 Fairview Ave E2BR,1BA$2.40
Roycroft Apartments2x12BR,1BA$2.10
Lakeview Apartments2 Bedroom2BR,1BA$2.31
Hamlin Place1BR/1.0BA1BR,1BA$2.71
Madlyn ApartmentsOne Bedroom1BR,1BA$2.43
Fremont Solstice2BS2BR,1BA$1.59
Red Lion1bd/1ba 21BR,1BA$2.63
Castle Apartments101Studio ,1BA$2.60
Amherst Micro StudiosMicro StudioStudio ,1BA$2.71

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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Pet Friendly Lifestyle
Lake Union, Seattle, WA

Ranked #16

Among neighborhoods in Seattle, WA 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 El Mondo Apartments listed at $950.

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

The lowest price for a Cheap One Bedroom Lake Union Apartment is $1,400 at Valley Street 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 $1,017 at Fremont Solstice.

What is the most affordable Lake Union Three Bedroom Apartment?

The best deal on a cheap Lake Union Three Bedroom Apartment rental is at Onni South Lake Union and starts from $8,124.

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

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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

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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

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