
Cheap Homes for Rent in Portage Bay Neighborhood of Seattle, WA from $600 (35 Rentals)
Search the lowest-cost Homes available for rent right now in the Portage Bay area of Seattle.


1641 10th Ave E
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.

407 NE 45th St

5022 7th Ave NE

2111 Waverly Pl N

211 Summit Ave E

5027 15th Ave NE

3926 1st Ave NE
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.

4714 22nd Ave NE

4709 40th Ave NE
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

3007 Humes Pl W

4244 7th Ave NE
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.

4731 12th Ave NE
Portage Bay, Seattle, WA Local Guide

How much does it cost to rent a home in Portage Bay?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Portage Bay 2 Bedroom Homes for Rent | $3,232 | $1,225 | $4,800 |
Portage Bay 3 Bedroom Homes for Rent | $5,034 | $3,450 | $9,995 |
Portage Bay 4 Bedroom Homes for Rent | $6,290 | $4,200 | $9,450 |
Portage Bay 5 Bedroom Homes for Rent | $6,378 | $4,095 | $9,475 |
Portage Bay 6 Bedroom Homes for Rent | $6,112 | $4,500 | $8,000 |
Portage Bay 7 Bedroom Homes for Rent | $5,566 | $5,500 | $5,600 |
Browse Homes for Rent in this Neighborhood
There are currently 35 rentals with your search options within a 2 mile radius of the Portage Bay Neighborhood of Seattle, WA.
Explore Seattle
Portage Bay, Seattle, WA Local Guide
- Nearby Seattle neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Amherst Micro Studios priced from $795. Madison 2.0 Studios in Capitol Hill! 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 |
---|---|---|---|
Amherst Micro Studios | Micro Studio | Studio,1BA | $795 |
Madison 2.0 Studios in Capitol Hill! | MFTE- Income Specific Units | Studio,1BA | $795 |
422 11th Ave - Amazing Remodeled Studios! | Studio MFTE | Studio,1BA | $812 |
Lincoln Court | S | Studio,1BA | $825 |
1806-1812 12th Ave Apartments | Studio MFTE | Studio,1BA | $850 |
Aubrey Studios | Private Standard Studios | Studio,1BA | $865 |
Parsonage | 4 Bedroom 1 | 4BR,2BA | $875 |
Holiday Apartments | 1B | 1BR,1BA | $883 |
Yugo Seattle Lothlorien | 2 Bed, 1 Bath Classic | 2BR,1BA | $919 |
Eastlake Flats | A - MFTE | Studio,1BA | $925 |
Best Value Apartments for Rent in Portage Bay, WA
As of July 25, 2025 the best value apartment in the Portage Bay area is the $1.64 price per square foot 2bd401 Model at Admiral in the in the Cascade neighborhood starting from $1,975. The second greatest value Portage Bay apartment is the 2 Bed, 2 Bath Model at Yugo Seattle Rivendell starting at $1,239 with a $1.38 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. |
---|---|---|---|
Admiral | 2bd401 | 2BR,1BA | $1.64 |
Yugo Seattle Rivendell | 2 Bed, 2 Bath | 2BR,2BA | $1.38 |
Huang | 2x1 | 2BR,1BA | $2.12 |
Lakeview Apartments | 2 Bedroom | 2BR,1BA | $2.31 |
Pacific Sunrise | 3x1.5 RF | 3BR,1.5BA | $1.54 |
Miller Park | 50% Two Bedroom | 2BR,1BA | $2.24 |
Fremont Solstice | 2BS | 2BR,1BA | $1.66 |
Leonard Apartments | 0BR/1.0BA | Studio ,1BA | $2.32 |
Elizabeth James House | 1BA | 1BR,1BA | $1.98 |
Berneva | S | Studio ,1BA | $1.96 |
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.
Frequently Asked Questions about Portage Bay
What type of rentals are currently available in Portage Bay?
There are currently 2406 Apartments for Rent in Portage Bay, WA with pricing that ranges from $720 to $31,995. There are also 203 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portage Bay ranging from $610 to $9,995.
What is the current price range for Rental Homes in Portage Bay?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Portage Bay ranges from $610 to $9,995 with an average monthly rent of $5,357.
How much are larger Three and Four Bedroom Rentals in Portage Bay?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Portage Bay range from $1,099 to $31,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,450 to $9,995. Four Bedroom Single-Family rentals are also available starting from $4,200 and Four Bedroom Apartments start at $875.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.