Cheap Apartments for Rent in the Portage Bay Neighborhood of Seattle, WA from $612 (521 Rentals)

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

Living Life Outside of the City: An Expert's Guide to the Best Surrounding Cities Near Seattle for Renters

Moving to the Seattle metro area? Explore our expert's guide to the best nearby cities for renters, including Redmond, Kirkland, and Renton. Find the right fit for your budget and commute. Check Availability today!

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property at 4736 18th Ave NE
$750 - $925
1 To 8 Bedroom Rentals
Available Now
Affordability

4736 18th Ave NE

SeattleWA98105
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Parsonage
$929 - $1,772

Total Monthly Price

Base Rent$929 - $1,772
Total Monthly PriceVaries
1 to 4 Bedroom Apartments Contact Us For Availability

Parsonage

4138 Brooklyn Ave NESeattle, WA 98105
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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U20 Apartments
Rent Specials
$999 - $1,299

Total Monthly Price

Base Rent$999 - $1,299
Total Monthly Price$999 - $1,299
Studio Apartments Available Now

U20 Apartments

4536 20th Ave NESeattle, WA 98105
Student Housing
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  • Customer Reviewed
  • 3D Tour

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 Stax
Rent Specials
$999 - $1,149

Total Monthly Price

Base Rent$999 - $1,149
Total Monthly Price$999 - $1,149
Studio Apartments Available Now

The Stax

5001 Brooklyn Ave NESeattle, WA 98105
Furnished
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Seattle's Best Affordable Neighborhoods

Learn about Seattle, WA and the best places to live with original content written by our Local Expert Sharon Stallings

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Clara Apartments
Rent Specials
$1,146 - $1,230

Total Monthly Price

Base Rent$1,146 - $1,230
Total Monthly Price$1,146 - $1,230
Studio to 2 Bedroom Apartments Available Now

Clara Apartments

4730 19th Ave NESeattle, WA 98105
Student Housing
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property at 4708 22nd Ave NE
$1,195 - $1,395
Studio To 1 Bedroom Rentals
Available Now
Affordability

4708 22nd Ave NE

SeattleWA98105

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.

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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 $645. 422 11th Ave - Amazing Studios! has the second lowest priced unit, which is a Studio apartment currently listed from $649. Here are the most affordable Portage Bay apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Sun PropertyFurnished dorm roomStudio, $645
422 11th Ave - Amazing Studios!Studio MFTEStudio, 1BA$649
Cantor StudiosStandard StudioStudio, 1BA$700
Sun lightMicro Studio RenovatedStudio, 1BA$745
Apex6x26BR, 2BA$799
Radian ApartmentsStudent Housing- One Room w/Bath in a shared 4b...1BR, 1BA$799
Metro 50005B3B5BR, 3BA$799
2371 Franklin Apartments in EastlakeStudioStudio, 1BA$800
Lincoln CourtSStudio, 1BA$825

Best Value Apartments for Rent in Portage Bay, WA

As of September 28, 2026 the best value apartment in the Portage Bay area is the $0.59 price per square foot 5B3B Model at Metro 5000 in the University District neighborhood starting from $799. The second greatest value Portage Bay apartment is the 3B Model at Burke Gilman Gardens in the Windermere neighborhood starting at $1,906 with a $1.72 price per square foot. 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.
Metro 50005B3B5BR, 3BA$0.59
Burke Gilman Gardens3B3BR, 1BA$1.72
Y12-25MFR-Y182BR, 2BA$2.05
The AccoladeC23BR, 2BA$1.87
The M Seattle4 Bedroom Penthouse C4BR, 2BA$1.88
Pacific Sunrise3x1.5 RF3BR, 1.5BA$1.62
Fremont Solstice3BS3BR, 1BA$1.55
Nordheim Court UW Student Apartments2-Bedroom2BR, 1BA$2.00
Denny Park ApartmentsStudioStudio, 1BA$1.85
2315 E Ward St, Unit C2315 E Ward St1BR, 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.

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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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Real 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.

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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 #5

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 $825.

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

The cheapest apartment in Portage Bay is Radian Apartments which is listed at $799, while the average apartment in Portage Bay costs $2,275.

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 241 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 $568 which is $1,707 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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Living Life Outside of the City: An Expert's Guide to the Best Surrounding Cities Near Seattle for Renters

Written by: Sharon Stallings

Greetings! I’m Sharon, your ApartmentHomeLiving.com guide, local expert for Seattle. We find the best balance of livability and affordability using our local expertise.

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Seattle Short-Term Rentals: Where to Live for a Month (or Three) in the Emerald City

Written by: Sharon Stallings

Greetings! I’m Sharon, your local Seattle expert at ApartmentHomeLiving.com. If you’re looking for short-term rentals, I can help you make an informed choice.

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The Emerald City's Secrets: A 30-Year Local's 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.

decorative image for Seattle Apartment Guide: Find Your Rental Near Tech Hubs like Amazon, Google, and Adobe article

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

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Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.