Cheap Apartments for Rent in the Lake Union Neighborhood of Seattle, WA from $600 (234 Rentals)

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

Living Life Outside of the City: An Expert's Guide to the Best Surrounding Cities Near Seattle for Renters

Moving to the Seattle metro area? Explore our expert's guide to the best nearby cities for renters, including Redmond, Kirkland, and Renton. Find the right fit for your budget and commute. Check Availability today!

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Nordic Veda
$1,349 - $1,995
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$1,349 - $1,995
Total Monthly Price
$1,349 - $1,995
Studio to 1 Bedroom Apartments Available Now

Nordic Veda

308 Melrose AveSeattle, WA 98102
Student Housing
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Waverly
Rent Specials
$1,554 - $9,370
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$1,554 - $9,370
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Studio to 3 Bedroom Apartments Available Now

The Waverly

210 8th Ave NSeattle, WA 98109
Furnished
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Shelton Eastlake
$1,576 - $5,839
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$1,576 - $5,839
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$1,576 - $5,839
Studio to 2 Bedroom Apartments Available Now

Shelton Eastlake

2359 Franklin Ave ESeattle, WA 98102
Corporate Housing
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624 Yale
Rent Specials
$1,650 - $4,625
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$1,650 - $4,625
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Studio to 2 Bedroom Apartments Available Now

624 Yale

624 Yale Ave NSeattle, WA 98109
Family Friendly
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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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Dexter Lake Union
Rent Specials
$1,743 - $3,908
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$1,743 - $3,908
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Studio to 2 Bedroom Apartments Available Now

Dexter Lake Union

1211-1215 Dexter Ave NSeattle, WA 98109
Transit Friendly
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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

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Orion
Rent Specials
$1,800 - $2,936
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$1,800 - $2,936
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Studio to 2 Bedroom Apartments Available Now

Orion

910 John StSeattle, WA 98109
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1611 on Lake Union
$1,805 - $3,125
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$1,805 - $3,125
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Studio to 2 Bedroom Apartments Available Now

1611 on Lake Union

1611 8th Ave NSeattle, WA 98109
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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.

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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. Lime Studios has the second lowest priced unit, which is a Studio apartment currently listed from $995. Here are the most affordable Lake Union apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Amherst Micro StudiosMicro StudioStudio,1BA$795
Lime Studios0 Beds, 1 BathsStudio,1BA$995
Vermont InnFurnished- Six Month LeaseStudio,1BA$1,000
Denny Park ApartmentsStudioStudio,1BA$1,100
Kulle Urban Living0/1.00Studio,1BA$1,205
Alloy0BR/1.0BAStudio,1BA$1,215
Fremont Solstice3BS3BR,1BA$1,225
Castle Apartments101Studio,1BA$1,250
741 Harvard Apartments0BR/1.0BAStudio,1BA$1,260
Derby Capitol HillType BStudio,1BA$1,330

Best Value Apartments for Rent in Lake Union, WA

As of August 18, 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 1BR/1.0BA Model at Chardonnay starting at $2,200 with a $2.44 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.
Bella Vista Apartments2 Beds, 2 baths2BR,2BA$2.54
Chardonnay1BR/1.0BA1BR,1BA$2.44
Roycroft Apartments2x12BR,1BA$1.80
1800 Taylor Ave N2 Beds, 1 Baths2BR,1BA$2.57
Fremont Solstice3BS3BR,1BA$1.55
Minor Tower1 Bed / 1 Bath1BR,1BA$1.94
Casa Pacifica1 Bedroom - 60% AMI1BR,1BA$2.21
Bellevue Manor ApartementsBMA - 1 bed, 1 bath 650 SF1BR,1BA$2.35
Denny Park ApartmentsStudioStudio ,1BA$1.85
Castle Apartments101Studio ,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.

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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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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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Real 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.

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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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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 $1,350 at 502 Minor 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 $1,920 at Roycroft Apartments.

What is the most affordable Lake Union Three Bedroom Apartment?

The best deal on a cheap Lake Union Three Bedroom Apartment rental is at Fremont Solstice and starts from $1,225.

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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Living Life Outside of the City: An Experts Guide to the Best Surrounding Cities Near Seattle for Renters

Written by: Sharon Stallings

Greetings! I’m Sharon, your ApartmentHomeLiving.com guide, local expert for Seattle. We find the best balance of livability and affordability using our local expertise.

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Seattle Short-Term Rentals: Where to Live for a Month (or Three) in the Emerald City

Written by: Sharon Stallings

Greetings! I’m Sharon, your local Seattle expert at ApartmentHomeLiving.com. If you’re looking for short-term rentals, I can help you make an informed choice.

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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.

decorative image for Seattle Apartment Guide: Find Your Rental Near Tech Hubs like Amazon, Google, and Adobe article

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.