Cheap Apartments for Rent in the Yesler Terrace Neighborhood of Seattle, WA from $600 (244 Rentals)

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

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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 Apartments priced from $625. Alcove Spring Park - Modern Cozy Studio Apartments in First Hill has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here are the most affordable Yesler Terrace apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Alps ApartmentsStudioStudio,1BA$625
Alcove Spring Park - Modern Cozy Studio Apartments in First HillStudioStudio,1BA$749
Hudson House0BR/0.5BAStudio,$750
Alcove First Hill - Efficient and Convenient Apartment in Alcove First HillStudio LVTStudio,1BA$812
Melrose30%SStudio,1BA$825
Soleil ApartmentsSTUDIO 2Studio,1BA$825
Manchester ArmsStudio - 1 - 180 sqftStudio,1BA$899
Sorento FlatsStudioStudio,1BA$899
Louisa HotelAffordable StudioStudio,1BA$900
Sheridan ApartmentsStudioStudio,1BA$995

Best Value Apartments for Rent in Yesler Terrace, WA

As of January 10, 2026 the best value apartment in the Yesler Terrace area is the $2.21 price per square foot 522 25th Ave Model at 522 25th Ave, Unit ADU Unit in the in the Mercer Heights neighborhood starting from $2,490. The second greatest value Yesler Terrace apartment is the 2BR/1.0BA Model at Seattle Central Apartment Homes starting at $2,250 with a $2.25 price per square foot in the Mercer Heights 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.
522 25th Ave, Unit ADU Unit522 25th Ave2BR,1BA$2.21
Seattle Central Apartment Homes2BR/1.0BA2BR,1BA$2.25
Star ApartmentsStar 1 Bed 1 Bath + Den1BR,1BA$2.31
Bay Ridge Court (Cobblestone Court)1BDRM1BR,1BA$2.30
PorterSTUDIOStudio ,1BA$2.11
600 NinthHT1A1BR,1BA$1.91
Tate Mason House - 55+ Community1 Bedroom - 60% AMI1BR,1BA$2.30
Uncle Bob's PlaceStudioStudio ,1BA$2.12
Gilmore ApartmentsStudio - 50% AMIStudio ,1BA$2.25
Louisa HotelStudio ApartmentsStudio ,1BA$2.37

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

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Picking the Perfect Seattle Neighborhood for College Life

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Quick Rent Budget Calculator

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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 #12

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 $995.

What is the price of a cheap apartment in Yesler Terrace?

The cheapest apartment in Yesler Terrace is Alps Apartments which is listed at $790, while the average apartment in Yesler Terrace costs $8,956.

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 158 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 $246 which is $8,710 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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Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!