Cheap Apartments for Rent in the Yesler Terrace Neighborhood of Seattle, WA from $600 (255 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Yesler Terrace area of Seattle.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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900 Rainier
Rent Specials
$1,056 - $3,292
Total Monthly Price

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$1,056 - $3,292
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Studio to 2 Bedroom Apartments Available Now

900 Rainier

900 Rainier Ave SSeattle, WA 98144
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An Lac
$1,100 - $1,500
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$1,100 - $1,500
Total Monthly Price
$1,100 - $1,500
Studio to 2 Bedroom Apartments Available Now

An Lac

1253 S Jackson StSeattle, WA 98144
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  • Low Income
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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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BEAM
Rent Specials
$1,362 - $4,570
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$1,362 - $4,570
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Studio to 2 Bedroom Apartments Available Now

BEAM

1029 S Jackson StSeattle, WA 98104
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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.

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property at 219 23rd Ave

$1,495

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$1,495
Total Monthly Price
$1,495

1 Bedroom, 1.5 Bath Townhome for Rent

Available Now

219 23rd Ave

SeattleWA98122

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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Zig
Rent Specials
$1,539 - $2,201
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$1,539 - $2,201
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Studio to 2 Bedroom Apartments Available Now

Zig

550 BroadwaySeattle, WA 98122
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Tanager
Rent Specials
$1,546 - $4,457
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$1,546 - $4,457
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Studio to 2 Bedroom Apartments Available Now

Tanager

1314 E Union StSeattle, WA 98122
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M Street
Rent Specials
$1,548 - $4,207
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$1,548 - $4,207
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Studio to 2 Bedroom Apartments Available Now

M Street

910 8th AveSeattle, WA 98104
Luxury
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Yesler Terrace, Seattle, WA Local Guide

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 ListingModel NameBed/BathPriced From
Alps HotelStudio 1 BathStudio,1BA$610
Milwaukee ApartmentsStudio 1 BathStudio,1BA$635
The Windham ApartmentsPikeStudio,1BA$755
Towne ApartmentsEfficiency StudioStudio,1BA$780
Sorento FlatsStudioStudio,1BA$799
Alcove First HillStudio BasementStudio,1BA$799
Manchester Arms0BR/1.0BAStudio,1BA$799
Melrose30%SStudio,1BA$825
423 TerryS StandardStudio,1BA$850
Hudson House0BR/0.5BAStudio,$899

Best Value Apartments for Rent in Yesler Terrace, WA

As of June 29, 2026 the best value apartment in the Yesler Terrace area is the $2.40 price per square foot 704 19th Avenue Model at 704 19th Avenue, Unit #704 in the in the Westlake neighborhood starting from $2,400. The second greatest value Yesler Terrace apartment is the 2 bed Model at Victorian Row Apartments starting at $1,600 with a $1.64 price per square foot in the Downtown Seattle neighborhood. Here is today’s list of the best values for Yesler Terrace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
704 19th Avenue, Unit #704704 19th Avenue2BR,1BA$2.40
Victorian Row Apartments2 bed2BR,1BA$1.64
Washington Terrace Senior Affordable ApartmentsB12BR,1BA$2.15
Sheridan Apartments1 bedroom, 1 bath1BR,1BA$2.38
Cherry Street Apartments1 BR/ 1 BA1BR,1BA$2.31
Stewart Court Apartments1 Bedroom - 60% AMI1BR,1BA$2.20
An LacOne Bedroom Large1BR,1BA$2.09
Abbey Lincoln CourtStudioStudio ,1BA$2.33
Madison Court0BR/1.0BAStudio ,1BA$2.28
The Windham ApartmentsAlkiStudio ,1BA$2.01

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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Seattle 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.

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Picking 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

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick 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.

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Pet Friendly Lifestyle
Yesler Terrace, Seattle, WA

Ranked #11

Among cities in Washington for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $899.

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 $6,882.

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 107 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 $542 which is $6,340 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.

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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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