
Cheap Homes for Rent in Lake Union Neighborhood of Seattle, WA from $1,400 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Union area of Seattle.


408 Aurora Ave N

421 Summit Ave E

624 Yale Ave N

624 Yale Ave N

1520 Eastlake Ave E
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.

3515 Meridian Ave N

103 Bellevue Ave E

505 E Denny Way

120 Westlake Ave N

321 Boylston Ave E

1312 6th Ave N
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.

526 Yale Ave N
Lake Union, Seattle, WA Local Guide

How much does it cost to rent a home in Lake Union?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Union 2 Bedroom Homes for Rent | $3,630 | $2,250 | $4,975 |
| Lake Union 3 Bedroom Homes for Rent | $5,384 | $4,200 | $7,500 |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Lake Union Neighborhood of Seattle, WA.
Explore Seattle
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 $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 Apartments in Eastlake | Studio | Studio,1BA | $799 |
| Eastlake Flats | B - Medium Studio | Studio,1BA | $850 |
| St.Ingbert Apartments | Studio | Studio,1BA | $900 |
| Kulle Urban Living | 0BR/1.0BA | Studio,1BA | $950 |
Best Value Apartments for Rent in Lake Union, WA
As of March 13, 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 2BD/2BA Model at 6th Ave Apartments starting at $2,500 with a $2.42 price per square foot in the Queen Anne 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 |
| 6th Ave Apartments | 2BD/2BA | 2BR,2BA | $2.42 |
| 2239 Yale Ave E, Unit 201 | 2239 Yale Ave E | 1BR,1BA | $2.08 |
| Lakeview Apartments | 2 Bedroom | 2BR,1BA | $2.31 |
| Harrison Apartments | 1BR/1.0BA | 1BR,1BA | $2.21 |
| St.Ingbert Apartments | 1 Bedroom | 1BR,1BA | $2.36 |
| Madlyn Apartments | One Bedroom | 1BR,1BA | $2.43 |
| Lakeview Apartments | 1BD/1BA | 1BR,1BA | $2.37 |
| Bellevue Manor Apartements | BMA - 1 bed, 1 bath 650 SF | 1BR,1BA | $2.45 |
| Dumar Apartments | 1BD/1BA | 1BR,1BA | $2.50 |
Frequently Asked Questions about Lake Union
What type of rentals are currently available in Lake Union?
There are currently 817 Apartments for Rent in Lake Union, WA with pricing that ranges from $581 to $31,995. There are also 77 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Union ranging from $1,495 to $7,500.
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 $1,495 to $7,500 with an average monthly rent of $3,238.
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.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.