The Charles
8065 161st Ave NE,
Redmond, WA 98052
Studio - 3 Beds | $1,893 - $6,540
Rental Market Trends in Redmond, WA
What is the average rent in Redmond, WA?
$2,274/month
Average Rent
708 Sq Ft
Average Apartment Size
-0.4%
Decrease in the Last Year
As of February 2025, the average rent in Redmond, WA is $2,274 per month. This is 46% higher than the national average rent price of $1,557/month, making Redmond one of the most expensive cities in the US. When you rent an apartment in Redmond, you can expect to pay about $1,893 per month for a studio, $2,274 for a one-bedroom apartment, and around $2,873 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,486 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 Redmond, WA?
In the past year, rent has decreased by 0.4%, which averages out to $9 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated February 2025
Legend
2024
2025
Rent Ranges in Redmond, WA
Last Updated February 2025
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
2%
$700 - $1,000/month
9%
$1,001 - $1,500/month
5%
$1,501 - $2,000/month
84%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Redmond?
Based on current rent prices, Viewpoint, Bear Creek and North Redmond are the most affordable neighborhoods in Redmond.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Redmond?
Based on current rent prices, Grass Lawn, Sammamish Valley and Downtown Redmond are the most expensive neighborhoods in Redmond.
Neighborhood
Average Rent
Average Sq Ft
Which Redmond neighborhoods have the most rentals available?
The neighborhoods in Redmond with the most apartments available are Overlake, Downtown Redmond and Willow-Rose Hill .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Redmond, WA?
Because the average rent in Redmond is $2,274, you’ll want to make about $7,580 per month or $90,960 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 Redmond, WA compare to other nearby cities and neighborhoods?
Use the tool below to compare Redmond, 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
-
$1,743/month
One Bedroom
$1,994/month
$2,155/month
Two Bedroom
$2,483/month
$2,422/month
Three Bedroom
-
$3,014/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.