Cheap Homes for Rent in Portage Bay Neighborhood of Seattle, WA from $600 (35 Rentals)

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

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.

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.

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.

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

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 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 ListingModel NameBed/BathPriced From
Amherst Micro StudiosMicro StudioStudio,1BA$795
Madison 2.0 Studios in Capitol Hill!MFTE- Income Specific UnitsStudio,1BA$795
422 11th Ave - Amazing Remodeled Studios!Studio MFTEStudio,1BA$812
Lincoln CourtSStudio,1BA$825
1806-1812 12th Ave ApartmentsStudio MFTEStudio,1BA$850
Aubrey StudiosPrivate Standard StudiosStudio,1BA$865
Parsonage4 Bedroom 14BR,2BA$875
Holiday Apartments1B1BR,1BA$883
Yugo Seattle Lothlorien2 Bed, 1 Bath Classic2BR,1BA$919
Eastlake FlatsA - MFTEStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Admiral2bd4012BR,1BA$1.64
Yugo Seattle Rivendell2 Bed, 2 Bath2BR,2BA$1.38
Huang2x12BR,1BA$2.12
Lakeview Apartments2 Bedroom2BR,1BA$2.31
Pacific Sunrise3x1.5 RF3BR,1.5BA$1.54
Miller Park50% Two Bedroom2BR,1BA$2.24
Fremont Solstice2BS2BR,1BA$1.66
Leonard Apartments0BR/1.0BAStudio ,1BA$2.32
Elizabeth James House1BA1BR,1BA$1.98
BernevaSStudio ,1BA$1.96

Quick Rent Budget Calculator

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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.

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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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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.

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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.

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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.