Cheap Homes for Rent in the Portage Bay Neighborhood of Seattle, WA from $600 (42 Rentals)

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

property at 4544 20th Ave NE

$1,000 - $1,125

Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $1,125

Total Monthly Price
$1,000 - $1,125

Studio, 1 Bath Condo for Rent

Available Now

4544 20th Ave NE

SeattleWA98105

The Emerald City's Secrets: A 30-Year Local's Guide to Renting in Seattle

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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

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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property at 4345 4th Ave NW

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

2 Bedroom, 2 Bath Home for Rent

Available Now

4345 4th Ave NW

SeattleWA98107
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

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.

property at 22 John St

$1,700

Studio To 1 Bedroom Rentals

Available Now

22 John St

SeattleWA98109

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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 422 11th Ave - Amazing Studios! priced from $720. Husky Court Apartments 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 ListingModel NameBed/BathPriced From
422 11th Ave - Amazing Studios!Studio MFTEStudio,1BA$720
Husky Court ApartmentsHC NEW 795 price startStudio,1BA$795
Amherst Micro StudiosMicro StudioStudio,1BA$795
Madison 2.0 Studios in Capitol Hill!MFTE- Income Specific UnitsStudio,1BA$795
Apex6x2 R6BR,2BA$799
Lincoln CourtSStudio,1BA$825
4538 18th Ave NEPod Second Floor6BR,1BA$875
Odessa ApartmentsStudioStudio,1BA$915
The Den ApartmentsDen SStudio,1BA$950

Best Value Apartments for Rent in Portage Bay, WA

As of July 26, 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 x 2 Terrace Model at Nolan starting at $1,320 with a $1.40 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$0.63
Nolan4 x 2 Terrace4BR,2BA$1.40
Lakeview Apartments2 Bedroom2BR,1BA$2.19
Pacific Sunrise3x1.5 RF3BR,1.5BA$1.54
Minor Tower1 Bed / 1 Bath1BR,1BA$2.04
Nordheim Court UW Student Apartments2-Bedroom Renovated2BR,1BA$1.61
Equinox ApartmentsStudioStudio ,1BA$2.26
Mercer Court Apartments1 Bedroom - 60% AMI1BR,1BA$2.29
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.

Read Article
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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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Frequently Asked Questions about Portage Bay

What type of rentals are currently available in Portage Bay?

There are currently 2438 Apartments for Rent in Portage Bay, WA with pricing that ranges from $695 to $11,541. There are also 229 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portage Bay ranging from $640 to $9,950.

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 $640 to $9,950 with an average monthly rent of $4,681.

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 $983 to $11,541, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,450 to $7,195. Four Bedroom Single-Family rentals are also available starting from $3,800 and Four Bedroom Apartments start at $929.

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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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.

decorative image for The Emerald Citys Secrets: A 30-Year Locals Guide to Renting in Seattle article

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.

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

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Written by: Sharon Stallings

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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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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.