
Cheap Apartments for Rent in the Yesler Terrace Neighborhood of Seattle, WA from $600 (223 Rentals)
Search the lowest-cost Apartments available for rent right now in the Yesler Terrace area of Seattle.


Alps Hotel

Hong Kong Apartments

Sorento Flats

Soleil Apartments

Manchester Arms

Hudson House

Louisa Hotel

Belmont Flats

Sheridan Apartments
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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.

Total Monthly Price
Union Plaza Apartments

Washington Terrace Senior Affordable Apartments

The Mill at First Hill

Stratford on 4th

Cambridge Apartments

100 on 6th

An Lac

Vitality on Howell

13th & Fir APARTMENTS

Camdon Apartments
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1419 Boylston Ave

Gilmore Apartments

Thai Binh Apartments

Bellevue Place Apartments

Monticello Apartments

Publix

Abbey Lincoln Court

The Rise on Madison - Affordable Housing

Total Monthly Price
900 Rainier

Hana
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Jupiter Apartments

Origin 206

1011 E Terrace St

Total Monthly Price
Pratt Park

Hilite

Total Monthly Price
BEAM

Rialto Court Apartments

Ovation

Quintessa Apartments

Anthem on 12th
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Sixth & Pine Building

South Lane Apartments

Beryl Apartments

201 Yesler Wy

Midtown Square

Woodworth Apartments

Total Monthly Price
Solis

Decibel on 12th

999 Hiawatha

Total Monthly Price
Cherry Street Apartments
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Yesler Terrace, Seattle, WA Local Guide

How much does it cost to rent an apartment in Yesler Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Yesler Terrace Studio Apartments | $1,762 | $617 | $3,850 |
| Yesler Terrace 1 Bedroom Apartments | $2,280 | $850 | $7,552 |
| Yesler Terrace 2 Bedroom Apartments | $3,899 | $600 | $10,000+ |
| Yesler Terrace 3 Bedroom Apartments | $7,159 | $1,135 | $10,000+ |
| Yesler Terrace 4 Bedroom Apartments | $10,994 | $2,730 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 223 rentals with your search options within a 1 mile radius of the Yesler Terrace Neighborhood of Seattle, WA.
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Yesler Terrace, Seattle, WA Local Guide
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Cheapest Available Yesler Terrace Apartments for Rent
 The cheapest available apartment rental in the Yesler Terrace area of Seattle, WA is a Studio unit found at Alps Hotel priced from $610. Milwaukee Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $635. Here are the most affordable Yesler Terrace apartments for rent in Seattle, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Alps Hotel | Studio 1 Bath | Studio,1BA | $610 |
| Milwaukee Apartments | Studio 1 Bath | Studio,1BA | $635 |
| Alcove Spring Park | Studio | Studio,1BA | $749 |
| The Windham Apartments | Pike | Studio,1BA | $755 |
| Sorento Flats | Studio | Studio,1BA | $799 |
| Larned | S | Studio,1BA | $825 |
| Melrose | 30%S | Studio,1BA | $825 |
| Soleil Apartments | STUDIO 2 | Studio,1BA | $825 |
| Hong Kong Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $835 |
| Manchester Arms | 0BR/1.0BA | Studio,1BA | $850 |
Best Value Apartments for Rent in Yesler Terrace, WA
As of March 30, 2026 the best value apartment in the Yesler Terrace area is the $2.28 price per square foot 2X2 Model at Terrace View in the in the Downtown Seattle neighborhood starting from $2,399. The second greatest value Yesler Terrace apartment is the 1 Bedroom - 60% AMI Model at Stewart Court Apartments starting at $1,456 with a $1.99 price per square foot in the Broadway neighborhood. Here is today’s list of the best values for Yesler Terrace apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Terrace View | 2X2 | 2BR,2BA | $2.28 |
| Stewart Court Apartments | 1 Bedroom - 60% AMI | 1BR,1BA | $1.99 |
| Triad Apartments | 1BR/1.0BA | 1BR,1BA | $2.29 |
| Portico on Terrace | 1BR/1.0BA | 1BR,1BA | $2.30 |
| 600 Ninth | HT1A | 1BR,1BA | $2.00 |
| Uncle Bob's Place | Studio | Studio ,1BA | $2.12 |
| Gilmore Apartments | Studio - 50% AMI | Studio ,1BA | $2.25 |
| An Lac | Studio | Studio ,1BA | $2.11 |
| Louisa Hotel | Studio Apartments | Studio ,1BA | $2.15 |
| The Windham Apartments | Alki | Studio ,1BA | $2.01 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleSeattle Apartment Guide: Find Your Rental Near Tech Hubs like Amazon, Google, and Adobe
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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.
Pet Friendly LifestyleYesler Terrace, Seattle, WA
Ranked #12
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
Our team is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Washington, including Seattle. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, family-friendliness, walking, and biking. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Yesler Terrace Apartments
What is a cheap apartment in Yesler Terrace?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Yesler Terrace is under $850.
What is the price of a cheap apartment in Yesler Terrace?
The cheapest apartment in Yesler Terrace is Milwaukee Apartments which is listed at $735, while the average apartment in Yesler Terrace costs $9,853.
What types of apartments are the cheapest in Yesler Terrace?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 148 regular apartments in Yesler Terrace that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Yesler Terrace?
Cheap apartments in Yesler Terrace have an average cost of $401 which is $9,452 cheaper than the average rent for all rentals in Yesler Terrace.
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.

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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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I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. We're blessed to live in Seattle, affectionately known as the Emerald City.

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Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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Renting your next home can feel thrilling and overwhelming at the same time.

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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.

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.