Magnolia

Seattle, WA

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Magnolia - Seattle, WA

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Magnolia boasts tons of great Elliott Bay views – and a historic lighthouse!

Beach Ocean Lighthouse Mountains Transportation Peaceful Washington

Magnolia rests on a hilly peninsula in Seattle – which is largely encompassed by Discovery Park. The park’s beaches are home to numerous types of wildlife and the West Point Lighthouse. The lighthouse – which is the oldest in the area – was built in 1881, used to guide incoming ships into Elliott Bay.

Magnolia Park is another cool and peaceful green space that overlooks the Puget Sound, Olympic Mountains, and Mount Rainier. Magnolia’s business district, or “The Village,” is home to many specialty stores and family-owned businesses, plus some of Seattle’s top restaurants.

There are tons of places for great bay views in Magnolia. The Palisade Restaurant is an excellent spot for such as well as fresh seafood. Public transit bus stops are plentiful in Magnolia, with major freeways and Interstate 5 close by. Residents can travel with ease to the Space Needle, downtown Seattle, and the University of Washington.

Rent Trends

As of March 2025, the average apartment rent in Magnolia is $1,277 for a studio, $1,519 for one bedroom, and $1,936 for two bedrooms. Apartment rent in Magnolia has increased by 1.5% in the past year.

  • Studio

  • 401 sq ft

    Average Sq Ft

  • $1,277/month

    Average Rent

  • 1 BR

  • 652 sq ft

    Average Sq Ft

  • $1,519/month

    Average Rent

  • 2 BR

  • 898 sq ft

    Average Sq Ft

  • $1,936/month

    Average Rent

Transportation

81

Very Walkable

out of 100 WalkScore® Rating

If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.

42

Some Transit

out of 100 TransitScore® Rating

You'll likely want a car when living in this area since it has few transit options.

67

Bikeable

out of 100 BikeScore® Rating

While there’s some bike infrastructure in this area, you’ll still need a car for many errands.

Points of Interest

Parks and Recreation

  • Commodore Park
  • Chittenden Locks
  • Discovery Park
  • Kinnear Park
  • Kerry Park And Viewpoint

Airports

  • Seattle-Tacoma International
  • Seattle Paine Field International

Top Apartments in Magnolia

Houses for Rent in Magnolia

Property Management Companies

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Methodology

† 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.