
Cheap Apartments for Rent in the Lake Union Neighborhood of Seattle, WA from $600 (227 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Union area of Seattle.


St.Ingbert Apartments

Odessa Apartments

Lime Studios

3633 Linden Ave N

Vermont Inn

Denny Park Apartments

Kulle Urban Living

Derby SLU

Derby Capitol Hill
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

564 McGraw St

Vertex Off Broadway

Camelot Apartments

Illumina Apartment Homes

Skye Apartments

Martinique

Alt Capitol Hill

Total Monthly Price
Dexter Lake Union

The Summit at Lake Union

Total Monthly Price
Shelton Eastlake
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.

The Local 418

2403 Boylston Ave E

Roycroft Apartments

Modera South Lake Union

Total Monthly Price
408 Aurora Ave N, Unit SI FL7-ID74

813 1/2 5th Ave N

Bellevue Manor Apartements

Total Monthly Price
The Waverly

Belgrove Court

Viewmont Apartments
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.

Total Monthly Price
624 Yale

Velo and Ray

Lakeview Apartments

909 4th Ave N, Unit H

700 E Denny Way

Total Monthly Price
The Hayes on Stone Way

Northbridge Apartments

Aperture on Fifth

1800 Taylor Ave N, Unit 112

435 Bellevue Ave E
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.

1735 Westlake Ave N

Total Monthly Price
Shoresmith

Boxcar South Lake Union

JUXT

Zephyr Apartments

Lorelei Apartments

111-115 Eastlake Ave E

812 5th Ave N, Unit #209

Hudson
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Lake Union, Seattle, WA Local Guide

How much does it cost to rent an apartment in Lake Union?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Union Studio Apartments | $1,876 | $795 | $2,924 |
| Lake Union 1 Bedroom Apartments | $2,648 | $1,375 | $5,873 |
| Lake Union 2 Bedroom Apartments | $4,195 | $1,357 | $10,000+ |
| Lake Union 3 Bedroom Apartments | $6,664 | $1,575 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 227 rentals with your search options within a 2 mile radius of the Lake Union Neighborhood of Seattle, WA.
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Lake Union, Seattle, WA Local Guide
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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. 2371 Franklin has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Lake Union apartments for rent in Seattle, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Amherst Micro Studios | Micro Studio | Studio,1BA | $795 |
| 2371 Franklin | Studio | Studio,1BA | $799 |
| Odessa Apartments | Studio | Studio,1BA | $915 |
| Abbey Park Apartments | Studio | Studio,1BA | $995 |
| Lime Studios | 0 Beds, 1 Baths | Studio,1BA | $995 |
| 3633 Linden Ave N | Studio 1 Bath 234 sqft | Studio,1BA | $1,005 |
| Vermont Inn | Furnished- Six Month Lease | Studio,1BA | $1,050 |
| Denny Park Apartments | Studio | Studio,1BA | $1,100 |
| Bell View Apartments | Studio / 1 Bath | Studio,1BA | $1,167 |
| Kulle Urban Living | 0/1.00 | Studio,1BA | $1,205 |
Best Value Apartments for Rent in Lake Union, WA
As of July 04, 2026 the best value apartment in the Lake Union area is the $2.54 price per square foot 2 Beds, 2 baths Model at Bella Vista Apartments in the in the Capitol Hill neighborhood starting from $3,050. The second greatest value Lake Union apartment is the 2x1 Model at Roycroft Apartments starting at $2,445 with a $2.57 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bella Vista Apartments | 2 Beds, 2 baths | 2BR,2BA | $2.54 |
| Roycroft Apartments | 2x1 | 2BR,1BA | $2.57 |
| Lakeview Apartments | 2 Bedroom | 2BR,1BA | $2.19 |
| Minor Tower | 1 Bed / 1 Bath | 1BR,1BA | $2.20 |
| Lakeview Apartments | 1BD/1BA | 1BR,1BA | $2.14 |
| Roanoke Court | 1BDRM | 1BR,1BA | $2.64 |
| St.Ingbert Apartments | 1 Bedroom | 1BR,1BA | $2.55 |
| Denny Park Apartments | Studio | Studio ,1BA | $1.85 |
| Anchor Flats | One Bedroom Open - 60% AMI | 1BR,1BA | $2.56 |
| Castle Apartments | 101 | Studio ,1BA | $2.60 |
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.
Read ArticleSeattle 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.
Read ArticlePicking 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
Read ArticleReal 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.
Read ArticleQuick 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.
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 $1,395 at Camelot 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 $1,975 at Lakeview Apartments.
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

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.

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.

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.

The Emerald Citys Secrets: A 30-Year Locals Guide to Renting in Seattle
Written by: Sharon Stallings
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.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
