Arras
12282 NE 12th Ln,
Bellevue, WA 98005
$2,315 - $4,217 Total Monthly Price
Studio - 2 Beds
Named for its location between Bellevue and Redmond, Bel-Red was first developed in the 1960s to support industrial warehouses and manufacturing facilities. Today, Bel-Red offers the best of urban and suburban living.
Bel-Red residents enjoy close proximity to great shopping opportunities at Overlake Fashion Plaza and Crossroads Bellevue, recreational activities at Wilburton Hill Park and Bridle Trails State Park, and the many luxuries of Downtown Bellevue. The Microsoft Headquarters is just a few short minutes from Bel-Red as well. Bel-Red is the site of the highly anticipated Spring District, a residential and commercial area centered on the impending East Link Extension. Getting around from Bel-Red is easy with access to I-405 and State Road 520.
As of February 2026, the average apartment rent in Bel-Red is $2,178 for a studio, $2,628 for one bedroom, $3,643 for two bedrooms, and $6,285 for three bedrooms. Apartment rent in Bel-Red has decreased by -1.7% in the past year.
Studio
525 sq ft
Average Sq Ft
$2,178/month
Average Rent
1 BR
695 sq ft
Average Sq Ft
$2,628/month
Average Rent
2 BR
1,056 sq ft
Average Sq Ft
$3,643/month
Average Rent
3 BR
1,714 sq ft
Average Sq Ft
$6,285/month
Average Rent
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
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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 2026.