Derby Capitol Hill
123 Bellevue Ave E,
Seattle, WA 98102
$1,340 - $1,790
Studio
Yes, it's called Capitol Hill -- but it isn't the capitol and there's no capitol building. So how did this Seattle neighborhood get its name? Back around 1900, a real estate developer renamed the burgeoning community from "Broadway Hill" to "Capitol Hill" because he wanted the capitol to be moved from Olympia to Seattle. That never happened, and the quirky neighborhood kept its new quirky name. Capitol Hill is the neighborhood for those who love nightlife. As Seattle's premier place to party, Capitol Hill is home to coffee houses, taverns, bars, nightclubs, and theaters.
Home to artists and musicians, Capitol Hill features a variety of festivals and events throughout the year, and it is home to the Capitol Hill Arts District. College students also find their way to the Hill, which is home to Seattle Central College and is just south of the University of Washington. In addition to the terrific restaurants, shops, and cafes you'll discover when you choose a Capitol Hill apartment, you'll discover three large parks: Volunteer Park, Cal Anderson Park, and Interlaken Park. Volunteer Park is a designated landmark that features the Seattle Asian Art Museum, a playground, the Volunteer Park Conservatory, and an iconic water tower. Of course, a neighborhood that likes a good party will throw a major one, and the Capitol Hill Block Party takes place in July. Featuring three full days of live music and art, this weekend celebration is a party you'll never forget.
As of January 2026, the average apartment rent in Capitol Hill is $1,404 for a studio, $1,955 for one bedroom, $2,835 for two bedrooms, and $3,657 for three bedrooms. Apartment rent in Capitol Hill has decreased by -0.3% in the past year.
Studio
407 sq ft
Average Sq Ft
$1,404/month
Average Rent
1 BR
628 sq ft
Average Sq Ft
$1,955/month
Average Rent
2 BR
875 sq ft
Average Sq Ft
$2,835/month
Average Rent
3 BR
1,308 sq ft
Average Sq Ft
$3,657/month
Average Rent
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
Excellent Transit
out of 100 TransitScore® Rating
You’ll have excellent transit living in this area, with several nearby transit stops.
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
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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 November 2025.