
Cheap Apartments for Rent in the Portage Bay Neighborhood of Seattle, WA from $600 (453 Rentals)
Search the lowest-cost Apartments available for rent right now in the Portage Bay area of Seattle.


5632 11th Ave NE

4559 5th Ave NE

5257 Brooklyn Ave NE

Husky Court Apartments

Madison 2.0 Apartments

Amherst Micro Studios

mn5221

Sun Property

Sun light
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.

St.Ingbert Apartments

Campus View I

Odessa Apartments

mn3618

Sunrise Cascade

The Den Apartments

Sophie Studios - A Retreat on 20th

Lime Studios

3633 Linden Ave N

NOVO Seattle
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.

Cantor Studios

5000 12th Ave NE

Capitola Apartments

Vermont Inn

Alta Studios

Kale Studios

Derby Capitol Hill

The Verra

Juno Studios

Denny Park 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.

7th Ave Place

Ivy Ridge Apartments

U20 Apartments

The Stax

4046 8th Ave NE

Greta Apartments

The Courtyard

1305 NE 45th St, Unit A

1305 NE 45th St, Unit E

Kulle Urban Living
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.

Clara Apartments

Vistana Apartments

Derby SLU

Thirty-One Apartments

5515 15th Ave NE, Unit 205

Nolan

Total Monthly Price
5001 Brooklyn Ave NE, Unit SI FL3-ID917

The Penrith Apartments

Vitality on Howell

Total Monthly Price
750 11th Ave E, Unit SI FL1-ID854
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.
Portage Bay, Seattle, WA Local Guide

How much does it cost to rent an apartment in Portage Bay?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Portage Bay Studio Apartments | $1,592 | $795 | $2,945 |
| Portage Bay 1 Bedroom Apartments | $2,592 | $625 | $5,873 |
| Portage Bay 2 Bedroom Apartments | $3,577 | $1,099 | $10,000+ |
| Portage Bay 3 Bedroom Apartments | $5,607 | $900 | $10,000+ |
| Portage Bay 4 Bedroom Apartments | $1,860 | $1,099 | $8,816 |
| Portage Bay 5 Bedroom Apartments | $1,971 | $1,265 | $6,805 |
Browse Apartments in this Neighborhood
There are currently 453 rentals with your search options within a 2 mile radius of the Portage Bay Neighborhood of Seattle, WA.
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Portage Bay, Seattle, WA Local Guide
- Nearby Seattle neighborhoods
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Cheapest Available Portage Bay Apartments for Rent
 The cheapest available apartment rental in the Portage Bay area of Seattle, WA is a Studio unit found at Husky Court Apartments priced from $795. Amherst Micro Studios has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable Portage Bay apartments for rent in Seattle, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Husky Court Apartments | HC NEW 795 price start | Studio,1BA | $795 |
| Amherst Micro Studios | Micro Studio | Studio,1BA | $795 |
| Madison 2.0 Apartments | MFTE- Income Specific Units | Studio,1BA | $795 |
| 2371 Franklin | Studio | Studio,1BA | $799 |
| 422 11th Ave - Amazing Studios! | Studio MFTE | Studio,1BA | $799 |
| Apex | 6x2 R | 6BR,2BA | $799 |
| Lincoln Court | S | Studio,1BA | $825 |
| 4538 18th Ave NE | Pod Second Floor | 6BR,1BA | $875 |
| Sunrise Cascade | 2nd Floor Studio | Studio,1BA | $945 |
Best Value Apartments for Rent in Portage Bay, WA
As of June 30, 2026 the best value apartment in the Portage Bay area is the $0.63 price per square foot Pod Second Floor Model at 4538 18th Ave NE in the in the University District neighborhood starting from $875. The second greatest value Portage Bay apartment is the 4 Bedroom 2.25 Bath Model at Goss Apartments starting at $1,725 with a $1.60 price per square foot in the University District neighborhood. Here is today’s list of the best values for Portage Bay apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 4538 18th Ave NE | Pod Second Floor | 6BR,1.5BA | $0.63 |
| Goss Apartments | 4 Bedroom 2.25 Bath | 4BR,2.25BA | $1.60 |
| Nolan | 4 x 2 Terrace | 4BR,2BA | $1.40 |
| Lakeview Apartments | 2 Bedroom | 2BR,1BA | $2.19 |
| The Queensborough Apartments | 1BR/1.0BA | 1BR,1BA | $2.05 |
| Pacific Sunrise | 3x1.5 RF | 3BR,1.5BA | $1.54 |
| Nordheim Court UW Student Apartments | 2-Bedroom Renovated | 2BR,1BA | $2.14 |
| Lakeview Apartments | 1BD/1BA | 1BR,1BA | $2.14 |
| Denny Park Apartments | Studio | Studio ,1BA | $1.85 |
| 2315 E Ward St, Unit C | 2315 E Ward St | 1BR,1BA | $0.10 |
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.
Pet Friendly LifestylePortage Bay, Seattle, WA
Ranked #5
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities, and rental properties across Washington and customized analysis for North Central Seattle. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, kid and pet-friendly communities, availability of 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 Portage Bay Apartments
What is a cheap apartment in Portage Bay?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Portage Bay is under $945.
What is the price of a cheap apartment in Portage Bay?
The cheapest apartment in Portage Bay is Camelot Apartments which is listed at $1,395, while the average apartment in Portage Bay costs $4,870.
What types of apartments are the cheapest in Portage Bay?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 117 regular apartments in Portage Bay that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Portage Bay?
Cheap apartments in Portage Bay have an average cost of $798 which is $4,072 cheaper than the average rent for all rentals in Portage Bay.
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.