Regency Woods
1650 Eagle Ridge Dr S,
Renton, WA 98055
1-3 Beds | $1,762 - $2,716
Rental Market Trends in Renton, WA
What is the average rent in Renton, WA?
$1,819/month
Average Rent
697 Sq Ft
Average Apartment Size
+0.7%
Increase in the Last Year
As of February 2025, the average rent in Renton, WA is $1,819 per month. This is 17% higher than the national average rent price of $1,556/month, making Renton one of the most expensive cities in the US. When you rent an apartment in Renton, you can expect to pay about $1,518 per month for a studio, $1,819 for a one-bedroom apartment, and around $2,215 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,636 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 Renton, WA?
In the past year, rent has increased by 0.7%, which averages out to $14 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 February 2025
Legend
2024
2025
Rent Ranges in Renton, WA
Last Updated February 2025
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
4%
Below $700/month
9%
$700 - $1,000/month
14%
$1,001 - $1,500/month
34%
$1,501 - $2,000/month
38%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Renton?
Based on current rent prices, Falcon Ridge, President Park and Winsper are the most affordable neighborhoods in Renton.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Renton?
Based on current rent prices, Earlington Hill, East Renton Highlands and South Lake Washington are the most expensive neighborhoods in Renton.
Neighborhood
Average Rent
Average Sq Ft
Which Renton neighborhoods have the most rentals available?
The neighborhoods in Renton with the most apartments available are Cascade, South Lake Washington and Springbrook Terrace .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Renton, WA?
Because the average rent in Renton is $1,819, you’ll want to make about $6,063 per month or $72,756 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 Renton, WA compare to other nearby cities and neighborhoods?
Use the tool below to compare Renton, 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
$1,104/month
$434/month
One Bedroom
$1,329/month
$1,448/month
Two Bedroom
$1,607/month
$2,094/month
Three Bedroom
-
$2,372/month
Nearby City Rent Trends
Apartment communities in Renton we think you'll love
Property Management Companies in Renton, WA
Greystar
-
3,234
Communities
-
893,969
Units
-
830
Cities
6 Communities in Renton
Allied Residential
-
45
Communities
-
6,671
Units
-
18
Cities
5 Communities in Renton
Avenue5 Residential
-
515
Communities
-
114,135
Units
-
203
Cities
4 Communities in Renton
Devco Residential Group
-
40
Communities
-
9,343
Units
-
21
Cities
4 Communities in Renton
AMC
-
674
Communities
-
130,027
Units
-
267
Cities
2 Communities in Renton
UDR
-
168
Communities
-
57,743
Units
-
85
Cities
2 Communities in Renton
Weidner Apartments Homes
-
117
Communities
-
33,593
Units
-
59
Cities
2 Communities in Renton
The Ezralow Company/First Pointe Management
-
31
Communities
-
5,948
Units
-
19
Cities
2 Communities in Renton
Learn More with Helpful Articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
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.