Cheap Homes for Rent in Lake Union Neighborhood of Seattle, WA from $1,500 (22 Rentals)

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

property at 769 Hayes St

$1,875

Total Monthly Price

Total Monthly Price

Base Rent
$1,875
Total Monthly Price
$1,875

1 Bedroom, 1 Bath Condo for Rent

Available May 15

769 Hayes St

SeattleWA98109

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property at 530 Melrose Ave E

$2,250

Total Monthly Price

Total Monthly Price

Base Rent
$2,250
Total Monthly Price
$2,250

2 Bedroom, 2 Bath Condo for Rent

Available Now

530 Melrose Ave E, Unit 508, Unit 508

530 Melrose Ave E
SeattleWA98102

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Showing Results 1-22, Page 1 of 1

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 Apartments in Eastlake has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here are the most affordable Lake Union apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Amherst Micro StudiosMicro StudioStudio,1BA$795
2371 Franklin Apartments in EastlakeStudioStudio,1BA$850
Eastlake FlatsA - MFTEStudio,1BA$895
St.Ingbert ApartmentsStudioStudio,1BA$900
The Davenport0-StudioStudio,1BA$995

Best Value Apartments for Rent in Lake Union, WA

As of April 27, 2026 the best value apartment in the Lake Union area is the $2.05 price per square foot 1 Bed / 1 Bath Model at Minor Tower Apartments - Located in Eastlake in the in the Cascade neighborhood starting from $1,721. 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.
Minor Tower Apartments - Located in Eastlake1 Bed / 1 Bath1BR,1BA$2.05
Lakeview Apartments2 Bedroom2BR,1BA$2.31
St.Ingbert Apartments1 Bedroom1BR,1BA$2.36
Lakeview Apartments1BD/1BA1BR,1BA$2.29
Roycroft Apartments1BR/1.0BA1BR,1BA$2.31
Sheffield1BD/1BA1BR,1BA$2.44
Dumar Apartments1BD/1BA1BR,1BA$2.33
Denny Park ApartmentsStudioStudio ,1BA$1.85
Anchor FlatsOne Bedroom Open - 60% AMI1BR,1BA$2.44
Casa PacificaStudio Nook - 60% AMIStudio ,1BA$2.30

Frequently Asked Questions about Lake Union

What type of rentals are currently available in Lake Union?

There are currently 814 Apartments for Rent in Lake Union, WA with pricing that ranges from $795 to $31,995. There are also 72 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Union ranging from $1,550 to $6,500.

What is the current price range for Rental Homes in Lake Union?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Union ranges from $1,550 to $6,500 with an average monthly rent of $3,108.

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.

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