Soma Towers
288 106th Ave NE,
Bellevue, WA 98004
Studio - 2 Beds | $1,964 - $4,950
Rental Market Trends in Bellevue, WA
What is the average rent in Bellevue, WA?
$2,412/month
Average Rent
728 Sq Ft
Average Apartment Size
+1.9%
Increase in the Last Year
As of December 2024, the average rent in Bellevue, WA is $2,412 per month. This is 55% higher than the national average rent price of $1,560/month, making Bellevue one of the most expensive cities in the US. When you rent an apartment in Bellevue, you can expect to pay about $2,060 per month for a studio, $2,412 for a one-bedroom apartment, and around $2,959 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,940 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Bellevue, WA?
In the past year, rent has increased by 1.9%, which averages out to $46 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Bellevue, WA
Last Updated December 2024
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
1%
$700 - $1,000/month
8%
$1,001 - $1,500/month
17%
$1,501 - $2,000/month
73%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Bellevue?
Based on current rent prices, Factoria, Richards Valley and Eastgate are the most affordable neighborhoods in Bellevue.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Bellevue?
Based on current rent prices, Southwest Bellevue, Downtown Bellevue and North Bellevue are the most expensive neighborhoods in Bellevue.
Neighborhood
Average Rent
Average Sq Ft
Which Bellevue neighborhoods have the most rentals available?
The neighborhoods in Bellevue with the most apartments available are Bel-Red, Downtown Bellevue and North Bellevue .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Bellevue, WA?
Because the average rent in Bellevue is $2,412, you’ll want to make about $8,040 per month or $96,480 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Bellevue, WA compare to other nearby cities and neighborhoods?
Use the tool below to compare Bellevue, WA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
$1,010/month
One Bedroom
$2,037/month
$1,691/month
Two Bedroom
$2,702/month
$2,269/month
Three Bedroom
$3,883/month
$2,525/month
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Methodology
† 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.
* Percentages may not total 100 due to rounding.