2640 23rd Ave W
2640 23rd Ave W,
Seattle, WA 98199
$1,850
1 Bed
Magnolia
Seattle, WA
Magnolia - Seattle, WA Area Guide
Magnolia boasts tons of great Elliott Bay views – and a historic lighthouse!
Beach
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Ocean
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Lighthouse
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Mountains
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Transportation
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Peaceful
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Washington
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Magnolia rests on a hilly peninsula in Seattle – which is largely encompassed by Discovery Park. The park’s beaches are home to numerous types of wildlife and the West Point Lighthouse. The lighthouse – which is the oldest in the area – was built in 1881, used to guide incoming ships into Elliott Bay.
Magnolia Park is another cool and peaceful green space that overlooks the Puget Sound, Olympic Mountains, and Mount Rainier. Magnolia’s business district, or “The Village,” is home to many specialty stores and family-owned businesses, plus some of Seattle’s top restaurants.
There are tons of places for great bay views in Magnolia. The Palisade Restaurant is an excellent spot for such as well as fresh seafood. Public transit bus stops are plentiful in Magnolia, with major freeways and Interstate 5 close by. Residents can travel with ease to the Space Needle, downtown Seattle, and the University of Washington.
Rent Trends
As of May 2026, the average apartment rent in Magnolia is $1,246 for a studio, $1,582 for one bedroom, and $1,942 for two bedrooms. Apartment rent in Magnolia has increased by 4.9% in the past year.
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Studio
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399 sq ft
Average Sq Ft
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$1,246/month
Average Rent
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1 BR
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650 sq ft
Average Sq Ft
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$1,582/month
Average Rent
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2 BR
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898 sq ft
Average Sq Ft
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$1,942/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Magnolia - Seattle, WA is for everyday living.
Moderately Walkable
Walkability
60
/ 100
Some Public Transit
Transit
50
/ 100
Fairly Drivable
Drivability
50
/ 100
Fairly Bikeable
Bikeability
50
/ 100
Daily Essentials
Magnolia - Seattle, WA offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 5 Minute Walk
Groceries
90
/ 100
Good Restaurant Variety Nearby
Restaurants
60
/ 100
Good Café Variety Nearby
Cafes
60
/ 100
Fair Variety of Shops Nearby
Shopping
50
/ 100
Recreation
Magnolia - Seattle, WA provides ample green space and fitness centers within easy reach.
Exceptional Amount of Park Space Nearby
Parks
90
/ 100
Good Wellness Amenity Variety Nearby
Wellness
60
/ 100
Local Vibe
Get a sense of what it’s like to live in Magnolia - Seattle, WA from everyday activity to noise and nightlife.
Mostly Calm Atmosphere
Vibrancy
30
/ 100
Limited Nightlife Variety Nearby
Nightlife
30
/ 100
Not Noisy
Quiet Score
100
/ 100
Scores provided by
Points of Interest
Shopping Centers
Parks and Recreation
- Commodore Park
- Chittenden Locks
- Discovery Park
- Kinnear Park
- Kerry Park And Viewpoint
Transit / Subway
Airports
- Seattle-Tacoma International
- Seattle Paine Field International
Top Apartments in Magnolia
Houses for Rent in Magnolia
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Methodology
† 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.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.