Axle
3230 16th Ave W,
Seattle, WA 98119
$1,831 - $2,558 | 1 Bed
Located between the shores of the Elliott Bay and Salmon Bay, Interbay is an industrial area. This neighborhood is home to the Balmer Yard, a railyard owned by BNSF Railway, and related service shops and businesses. The neighborhood is also home to the Seattle Armory, but industry isn’t the only attraction this dynamic area has to offer. Bayfront parks and trails including Smith Cove Park and the Magnolia Greenbelt dot the neighborhood. While the centers of town are mostly devoted to businesses, the edges of town are home to a variety of trendy apartments, condos, and a few homes for rent.
Downtown Seattle’s renowned shopping and dining opportunities are just five miles south of Interbay, but local seafood restaurants and the Interbay Urban Center, a shopping mall, are situated within the neighborhood.
As of April 2025, the average apartment rent in Interbay is $1,561 for a studio, $1,766 for one bedroom, $2,677 for two bedrooms, and $3,175 for three bedrooms. Apartment rent in Interbay has decreased by -5.8% in the past year.
Studio
439 sq ft
Average Sq Ft
$1,561/month
Average Rent
1 BR
646 sq ft
Average Sq Ft
$1,766/month
Average Rent
2 BR
1,004 sq ft
Average Sq Ft
$2,677/month
Average Rent
3 BR
138 sq ft
Average Sq Ft
$3,175/month
Average Rent
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.