Cheap Apartments for Rent in the Portage Bay Neighborhood of Seattle, WA from $600 (500 Rentals)

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

property at 5015 17th Ave NE

$700 - $11,950

1 To 15 Bedroom Rentals

Available Now

5015 17th Ave NE

SeattleWA98105

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Portage Bay, Seattle, WA Local Guide

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 Sun Property priced from $683. 422 11th Ave - Amazing Studios! has the second lowest priced unit, which is a Studio apartment currently listed from $735. Here are the most affordable Portage Bay apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Sun PropertyFurnished dorm roomStudio,$683
422 11th Ave - Amazing Studios!Studio ConcreteStudio,1BA$735
Sun lightMicro Studio STUDENT ONLYStudio,1BA$745
Amherst Micro StudiosMicro StudioStudio,1BA$795
Madison 2.0 Studios in Capitol Hill!MFTE- Income Specific UnitsStudio,1BA$795
Lincoln CourtSStudio,1BA$825
Husky Court Apartments0BR/1.0BAStudio,1BA$849
4538 18th Ave NEPod Second Floor6BR,1BA$875
Holiday Apartments1B1BR,1BA$883
Eastlake FlatsA - Small StudioStudio,1BA$895

Best Value Apartments for Rent in Portage Bay, WA

As of December 31, 2025 the best value apartment in the Portage Bay area is the $0.58 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 B Model at The M Seattle starting at $1,450 with a $1.52 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 ListingModel NameBed/BathPrice Per Sq.Ft.
4538 18th Ave NEPod Second Floor6BR,1.5BA$0.58
The M Seattle4 Bedroom B4BR,2BA$1.52
2239 Yale Ave E, Unit 1022239 Yale Ave E1BR,1BA$2.02
The Frederick Apartments2BR/1.0BA2BR,1BA$2.06
Larson BuildingStudioStudio ,1BA$2.21
414 E Mercer St, Unit 0414 E Mercer StStudio ,1BA$2.25
Elizabeth James House1B1BR,1BA$2.08
Arbora CourtStudio - 60% AMIStudio ,1BA$2.15
Abbey Park Apartments1 Bedroom1BR,1BA$2.15
Alloy0BR/1.0BAStudio ,1BA$2.14

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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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Quick 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.

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Pet Friendly Lifestyle
Portage Bay, Seattle, WA

Ranked #4

Among cities in Washington for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $895.

What is the price of a cheap apartment in Portage Bay?

The cheapest apartment in Portage Bay is Holiday Apartments which is listed at $883, while the average apartment in Portage Bay costs $5,700.

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 213 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 $875 which is $4,825 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

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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.

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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.

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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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!