Cheap Homes for Rent in South Lake Union Neighborhood of Seattle, WA from $1,700 (30 Rentals)

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

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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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.

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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.

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The 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.

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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 Amherst Micro Studios priced from $825. Kulle Urban Living has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here are the most affordable South Lake Union apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Amherst Micro StudiosMicro StudioStudio,1BA$825
Kulle Urban LivingUrban Loft EStudio,1BA$1,050
Vermont InnFurnished- Six Month LeaseStudio,1BA$1,095
Alloy0BR/1.0BAStudio,1BA$1,198
741 Harvard Modern studios with w/d in unit!0BR/1.0BAStudio,1BA$1,250
Bell View ApartmentsStudio / 1 BathStudio,1BA$1,295
Olive Terrace Apartments1BR/1.0BA1BR,1BA$1,300
The Davenport0-StudioStudio,1BA$1,325
Derby SLUSoutheastStudio,1BA$1,340
Edwards on FifthStudio_6Studio,1BA$1,350

Best Value Apartments for Rent in South Lake Union, WA

As of October 10, 2025 the best value apartment in the South Lake Union area is the $1.36 price per square foot 1BR/1.0BA Model at Mercerview Apartments in the in the Broadway neighborhood starting from $1,750. The second greatest value South Lake Union apartment is the 2 Beds, 2 baths Model at Bella Vista Apartments starting at $3,050 with a $2.54 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.
Mercerview Apartments1BR/1.0BA1BR,1BA$1.36
Bella Vista Apartments2 Beds, 2 baths2BR,2BA$2.54
711 Summit Ave E, Unit C711 Summit Ave E2BR,1BA$2.31
Dexter Lake Union11CDQ1BR,1BA$2.71
Lakeview Apartments2 Bedroom2BR,1BA$2.31
Annaliese1 Bed 1 Bath A21BR,1BA$2.84
Red Lion1 bd larger1BR,1BA$2.23
Lakeview Place1BR/1.0BA1BR,1BA$2.83
Sheffield1BD/1BA1BR,1BA$2.55
Casa PacificaStudio Nook - 60% AMIStudio ,1BA$2.70

Frequently Asked Questions about South Lake Union

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

There are currently 445 Apartments for Rent in South Lake Union, WA with pricing that ranges from $800 to $31,995. There are also 80 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Lake Union ranging from $1,795 to $8,995.

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 $1,795 to $8,995 with an average monthly rent of $3,475.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.