The Modern
255 Lenora St,
Seattle, WA 98121
$2,575 - $10,265 | Studio - 2 Beds
An iconic American neighborhood on the coast of Elliott Bay, Pike Place Market has earned its reputation as “the soul of Seattle.” This bustling urban neighborhood is full of history, entertainment, delicious eats, lively bars, and shopping opportunities. Residents and tourists alike get away from the bustling streets by strolling along the long-standing wooden Piers 62 and 63, overlooking Elliot Bay with incredible bay and city skyline views. For a family-friendly adventure, be sure to visit the Seattle Aquarium for an underwater viewing dome, coral-reef tank, otters, and hands-on exhibits. Local restaurants are abundant and a staple to this community, ranging from casual to upscale.
The Pink Door is one of the city’s most beloved restaurant destinations since 1981 with Italian-American cuisine and live entertainment in a luxurious setting. Japonessa is very popular for its Japanese cuisine with Latin Flare in upscale digs, while Cutters Crabhouse is considered a landmark for its magnificent views of Elliot Bay. For a cozy, relaxed atmosphere, visit the Pike Brewing Company that’s full of local charm. Find your luxurious apartment in Pike Place Market and take a stroll through dog-friendly Victor Steinbrueck Park overlooking the bay.
As of August 2025, the average apartment rent in Pike Place Market is $1,750 for a studio, $2,776 for one bedroom, and $4,473 for two bedrooms. Apartment rent in Pike Place Market has increased by 4.8% in the past year.
Studio
440 sq ft
Average Sq Ft
$1,750/month
Average Rent
1 BR
699 sq ft
Average Sq Ft
$2,776/month
Average Rent
2 BR
1,193 sq ft
Average Sq Ft
$4,473/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.
Rider's Paradise
out of 100 TransitScore® Rating
Living in this area is considered a rider’s paradise, with world-class transportation.
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 June 2025.