Cheap Homes for Rent in the Lake Union Neighborhood of Seattle, WA from $1,200 (14 Rentals)

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

property at 564 McGraw St

$1,325

Total Monthly Price

Total Monthly Price

Base Rent
$1,325

Total Monthly Price
$1,325

1 Bedroom, 1 Bath Townhome for Rent

Available Aug 1

564 McGraw St

SeattleWA98109

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property at 812 5th Ave N

$1,695

Total Monthly Price

Total Monthly Price

Base Rent
$1,695

Total Monthly Price
$1,695

Studio, 1 Bath Condo for Rent

Available Now

812 5th Ave N, Unit #209

812 5th Ave N
SeattleWA98109

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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. Odessa Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $915. Here are the most affordable Lake Union apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Amherst Micro StudiosMicro StudioStudio,1BA$795
Odessa ApartmentsStudioStudio,1BA$915
Lime Studios0 Beds, 1 BathsStudio,1BA$995
3633 Linden Ave NStudio 1 Bath 234 sqftStudio,1BA$1,005
Vermont InnFurnished- Six Month LeaseStudio,1BA$1,050

Best Value Apartments for Rent in Lake Union, WA

As of July 26, 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 2 Bed 1.5 Bath Model at Union Bay Lofts starting at $2,795 with a $2.61 price per square foot in the University District 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
Union Bay Lofts2 Bed 1.5 Bath2BR,1.5BA$2.61
Lakeview Apartments2 Bedroom2BR,1BA$2.19
Minor Tower1 Bed / 1 Bath1BR,1BA$2.04
Equinox ApartmentsStudioStudio ,1BA$2.26
Ramayana Apartments1BR/1.0BA1BR,1BA$2.66
Roanoke Court1BDRM1BR,1BA$2.64
Bellevue Manor ApartementsBMA - 1 bed, 1 bath 650 SF1BR,1BA$2.35
Denny Park ApartmentsStudioStudio ,1BA$1.85
Castle Apartments101Studio ,1BA$2.60

Frequently Asked Questions about Lake Union

What type of rentals are currently available in Lake Union?

There are currently 818 Apartments for Rent in Lake Union, WA with pricing that ranges from $795 to $11,541. There are also 80 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Union ranging from $1,225 to $7,000.

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 $1,225 to $7,000 with an average monthly rent of $3,423.

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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