Cheap Homes for Rent in South Lake Union Neighborhood of Seattle, WA from $1,400 (14 Rentals)

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

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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 $795. Alloy has the second lowest priced unit, which is a Studio apartment currently listed from $970. 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
Alloy0BR/1.0BAStudio,1BA$970
Vermont InnFurnished- Six Month LeaseStudio,1BA$1,050
Kulle Urban LivingUrban Studio AStudio,1BA$1,070
Scandia Mignon Apartment Homes0BR/1.0BAStudio,1BA$1,195

Best Value Apartments for Rent in South Lake Union, WA

As of January 09, 2026 the best value apartment in the South Lake Union area is the $2.45 price per square foot 2BR/2.0BA Model at Mercerview Apartments in the in the Broadway neighborhood starting from $3,163. 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 Apartments2BR/2.0BA2BR,2BA$2.45
Bella Vista Apartments2 Beds, 2 baths2BR,2BA$2.54
6th Ave Apartments2BD/2BA2BR,2BA$2.26
Lakeview Apartments2 Bedroom2BR,1BA$2.31
La Rochelle1X1 A1BR,1BA$2.27
Ramayana Apartments1BR/1.0BA1BR,1BA$2.54
Lakecrest1BR/1.0BA1BR,1BA$2.51
Dumar Apartments1BD/1BA1BR,1BA$2.42
Illumina Apartment HomesStudioStudio ,1BA$2.55
Alloy0BR/1.0BAStudio ,1BA$2.04

Frequently Asked Questions about South Lake Union

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

There are currently 454 Apartments for Rent in South Lake Union, WA with pricing that ranges from $795 to $31,995. There are also 63 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Lake Union ranging from $1,450 to $6,250.

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 $1,450 to $6,250 with an average monthly rent of $2,525.

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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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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Picking the Perfect Seattle Neighborhood for College Life

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

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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

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.

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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.

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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!