Cheap Homes for Rent in South Lake Union Neighborhood of Seattle, WA from $1,400 (19 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in the South Lake Union 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.

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 Amherst Micro Studios priced from $795. El Mondo Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable South Lake Union apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Amherst Micro StudiosMicro StudioStudio,1BA$795
El Mondo Apartments0BR/1.0BAStudio,1BA$950
Vermont InnFurnished- Six Month LeaseStudio,1BA$1,195
Alloy0BR/1.0BAStudio,1BA$1,198
741 Harvard Modern studios with w/d in unit!0BR/1.0BAStudio,1BA$1,250

Best Value Apartments for Rent in South Lake Union, WA

As of July 09, 2025 the best value apartment in the South Lake Union area is the $2.94 price per square foot 2BR/1.5BA Model at Lakeview Place in the in the Capitol Hill neighborhood starting from $2,795. The second greatest value South Lake Union apartment is the 2 Bedroom Model at Lakeview Apartments starting at $1,850 with a $2.31 price per square foot in the Capitol Hill neighborhood. Here is today’s list of the best values for South Lake Union apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lakeview Place2BR/1.5BA2BR,1.5BA$2.94
Lakeview Apartments2 Bedroom2BR,1BA$2.31
Lakecrest2BR/1.0BA2BR,1BA$2.93
Harrison Apartments1BR/1.0BA1BR,1BA$2.81
Whittier Hall1BDRM1BR,1BA$2.83
Summit Crest1 Bed, 1 bath1BR,1BA$2.99
Anchor FlatsOne Bedroom Open - 60% AMI1BR,1BA$2.62
Alloy0BR/1.0BAStudio ,1BA$2.10
The SummitBasement1BR,1BA$2.89
Varick0BR/1.0BAStudio ,1BA$3.05

Frequently Asked Questions about South Lake Union

What type of rentals are currently available in South Lake Union?

There are currently 442 Apartments for Rent in South Lake Union, WA with pricing that ranges from $795 to $33,150. There are also 68 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Lake Union ranging from $1,449 to $6,000.

What is the current price range for Rental Homes in South Lake Union?

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Lake Union ranges from $1,449 to $6,000 with an average monthly rent of $3,710.

How much are larger Three and Four Bedroom Rentals in South Lake Union?

For those who are looking for larger living arrangements, Three Bedroom Apartments in South Lake Union range from $5,111 to $33,150, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,500 to $5,250. Four Bedroom Single-Family rentals are also available starting from $6,000 and Four Bedroom Apartments start at $3,850.

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.

decorative image for The 10 Best Affordable Neighborhoods in Seattle, WA article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.