Cheap Apartments for Rent in the South Lake Union Neighborhood of Seattle, WA from $600 (112 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Lake Union area of Seattle.

Kulle Urban Living

741 Harvard Modern studios with w/d in unit!

Derby SLU

Illumina Apartment Homes

414 E Mercer St

457 Garfield St
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.

Derby Capitol Hill

East Howe Steps

The Carlton Apartments

Skye at Belltown

Boxcar South Lake Union

Alt Capitol Hill

Dexter Lake Union
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.

5th & Mercer

Oslo

Belgrove Court

The Perch

Lakeview Apartments

101 Dexter Ave

Stack House

Union Bay
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.

Modera South Lake Union

556 Ward St

Viewmont Apartments

Lake Union Tower

Stream 403 – Stylish Living in Capitol Hill, Seattle

The Summit at Lake Union

Sitka

Aperture on Fifth
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.

Chroma

The Local 422

Stellar

Neptune SLU Apartments

Welcome to Dexter Hayes! Modern convenience with exceptional views!
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.
South Lake Union, Seattle, WA Local Guide

How much does it cost to rent an apartment in South Lake Union?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Lake Union Studio Apartments | $1,853 | $795 | $2,925 |
| South Lake Union 1 Bedroom Apartments | $2,713 | $1,350 | $6,177 |
| South Lake Union 2 Bedroom Apartments | $4,483 | $1,850 | $10,000+ |
| South Lake Union 3 Bedroom Apartments | $10,135 | $4,053 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 112 rentals with your search options within a 2 mile radius of the South Lake Union Neighborhood of Seattle, WA.
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South Lake Union, Seattle, WA Local Guide
- Nearby Seattle neighborhoods
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Cheapest Available South Lake Union Apartments for Rent
 The cheapest available apartment rental in the South Lake Union area of Seattle, WA is a Studio unit found at Vermont Inn priced from $1,050. Kulle Urban Living has the second lowest priced unit, which is a Studio apartment currently listed from $1,070. Here are the most affordable South Lake Union apartments for rent in Seattle, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Vermont Inn | Furnished- Six Month Lease | Studio,1BA | $1,050 |
| Kulle Urban Living | Urban Studio A | Studio,1BA | $1,070 |
| Alloy | 0BR/1.0BA | Studio,1BA | $1,089 |
| Bell View Apartments - Capitol Hill Neighborhood of Seattle | Studio / 1 Bath | Studio,1BA | $1,104 |
| 741 Harvard Modern studios with w/d in unit! | 0BR/1.0BA | Studio,1BA | $1,187 |
| 515 East Denny Apartments | 0BR/1.0BA | Studio,1BA | $1,195 |
| Edwards on Fifth | Studio_6 | Studio,1BA | $1,245 |
| Illumina Apartment Homes | Studio | Studio,1BA | $1,295 |
| Derby SLU | Southwest | Studio,1BA | $1,340 |
| Casa Pacifica | Studio Nook - 60% AMI | Studio,1BA | $1,373 |
Best Value Apartments for Rent in South Lake Union, WA
As of December 09, 2025 the best value apartment in the South Lake Union area is the $2.54 price per square foot 2 Beds, 2 baths Model at Bella Vista Apartments in the in the Capitol Hill neighborhood starting from $3,050. The second greatest value South Lake Union apartment is the 2BD/2BA Model at 6th Ave Apartments starting at $2,500 with a $2.42 price per square foot in the Queen Anne neighborhood. Here is today’s list of the best values for South Lake Union apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bella Vista Apartments | 2 Beds, 2 baths | 2BR,2BA | $2.54 |
| 6th Ave Apartments | 2BD/2BA | 2BR,2BA | $2.42 |
| The Eden | Galer | 2BR,1BA | $2.59 |
| Kelo | 2BR/1.0BA | 2BR,1BA | $2.18 |
| Lakeview Apartments | 2 Bedroom | 2BR,1BA | $2.31 |
| Red Lion | 1 Bed | 1BR,1BA | $2.30 |
| Harrison Apartments | 1BR/1.0BA | 1BR,1BA | $2.53 |
| Dumar Apartments | 1BD/1BA | 1BR,1BA | $2.50 |
| 414 E Mercer St, Unit 0 | 414 E Mercer St | Studio ,1BA | $2.25 |
| Bell View Apartments - Capitol Hill Neighborhood of Seattle | Studio / 1 Bath | Studio ,1BA | $2.23 |
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.
Read ArticleSeattle 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 ArticleThe 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.
Read ArticlePicking 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
Read ArticleQuick 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.
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including South Lake Union, Seattle, and the greater Seattle area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, transit availability, pet-friendly communities, multifamily communities for the kids, and more. These search options are in the site filters at the top of this page.
Getting Around the South Lake Union Neighborhood in Seattle, WA
Walk Score®
96 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
81 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
85 / 100
Excellent Transit
Transit is convenient for most trips
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap South Lake Union Apartments
What is the Cheapest Studio apartment in South Lake Union?
Currently the most affordable Cheap Studio Apartment in South Lake Union is at Amherst Micro Studios listed at $795.
How much is rent for a Cheap One Bedroom South Lake Union Apartment?
The lowest price for a Cheap One Bedroom South Lake Union Apartment is $1,400 at Valley Street Apartments.
What is the lowest price for a Cheap Two Bedroom South Lake Union Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in South Lake Union is starting from $1,767 at Oleta.
What is the most affordable South Lake Union Three Bedroom Apartment?
The best deal on a cheap South Lake Union Three Bedroom Apartment rental is at Galleon and starts from $2,795.
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

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.

Picking the Perfect Seattle Neighborhood for College Life
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.

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

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.















