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Rental Market Trends in Redmond, WA

What is the average rent in Redmond, WA?

$2,298/month

Average Rent

703 Sq Ft

Average Apartment Size

-0.1%

Decrease in the Last Year

As of September 2025, the average rent in Redmond, WA is $2,298 per month. This is 40% higher than the national average rent price of $1,640/month, making Redmond one of the most expensive cities in the US. When you rent an apartment in Redmond, you can expect to pay about $1,904 per month for a studio, $2,298 for a one-bedroom apartment, and around $2,939 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,491 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,904/month
502 Sq Ft
One Bedroom
$2,298/month
703 Sq Ft
Two Bedroom
$2,939/month
1,038 Sq Ft
Three Bedroom
$3,491/month
1,297 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,812/month
583 Sq Ft
Two Bedroom
$2,494/month
1,229 Sq Ft
Three Bedroom
$3,661/month
1,629 Sq Ft
Four Bedroom
$5,224/month
2,891 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,125/month
714 Sq Ft
Two Bedroom
$2,700/month
992 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,858/month
1,139 Sq Ft
Three Bedroom
$3,529/month
1,467 Sq Ft

How much has average rent changed in Redmond, WA?

In the past year, rent has decreased by 0.1%, which averages out to $1 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated September 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Redmond, WA
Last Updated September 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in Redmond, WA
Percentage*
Rent Range
0% Below $700/month
2% $700 - $1,000/month
6% $1,001 - $1,500/month
6% $1,501 - $2,000/month
85% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Redmond?

Based on current rent prices, The Trails of Redmond, Woodbridge and Viewpoint are the most affordable neighborhoods in Redmond.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
The Trails of Redmond
$1,893/month
656 Sq Ft
Woodbridge
$2,025/month
684 Sq Ft
Viewpoint
$2,091/month
765 Sq Ft
Lakeshore Estates
$2,128/month
701 Sq Ft
Willow-Rose Hill
$2,143/month
647 Sq Ft
English Cove
$2,252/month
740 Sq Ft
Southeast Redmond
$2,254/month
670 Sq Ft
Sammamish Valley
$2,463/month
686 Sq Ft
Overlake
$2,466/month
708 Sq Ft
Microsoft Redmond Campus
$2,472/month
713 Sq Ft

What are the most expensive neighborhoods in Redmond?

Based on current rent prices, Union Hill-Novelty Hill, Perrigos of Redmond and Education Hill are the most expensive neighborhoods in Redmond.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Union Hill-Novelty Hill
$2,842/month
722 Sq Ft
Perrigos of Redmond
$2,593/month
641 Sq Ft
Education Hill
$2,586/month
662 Sq Ft
Downtown Redmond
$2,573/month
662 Sq Ft
Eaves by Avalon
$2,477/month
716 Sq Ft
Microsoft Redmond Campus
$2,472/month
713 Sq Ft
Overlake
$2,466/month
708 Sq Ft
Sammamish Valley
$2,463/month
686 Sq Ft
Southeast Redmond
$2,254/month
670 Sq Ft
English Cove
$2,252/month
740 Sq Ft

Which Redmond neighborhoods have the most rentals available?

The neighborhoods in Redmond with the most apartments available are Downtown Redmond, Overlake and Perrigos of Redmond .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Redmond
$2,573/month
662 Sq Ft
Overlake
$2,466/month
708 Sq Ft
Perrigos of Redmond
$2,593/month
641 Sq Ft
Microsoft Redmond Campus
$2,472/month
713 Sq Ft
Education Hill
$2,586/month
662 Sq Ft
Southeast Redmond
$2,254/month
670 Sq Ft
Willow-Rose Hill
$2,143/month
647 Sq Ft
Sammamish Valley
$2,463/month
686 Sq Ft
Eaves by Avalon
$2,477/month
716 Sq Ft
Woodbridge
$2,025/month
684 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Redmond, WA?

Because the average rent in Redmond is $2,298, you’ll want to make about $7,660 per month or $91,920 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.

City

Redmond, WA

2,582 Available Apartments for Rent

Search for Nearby Apartments

How does Redmond, WA compare to other nearby cities and neighborhoods?

Use the tool below to compare Redmond, 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.

Explore the Area Guide for Redmond, WA

Apartment Averages

The Trails of Redmond

Redmond, WA

Union Hill-Novelty Hill

Redmond, WA

Studio
-
-
One Bedroom
-
$1,884/month
Two Bedroom
-
$2,581/month
Three Bedroom
-
$3,362/month
Search
Search

Nearby City Rent Trends

  • Kirkland Average Rent
  • Sammamish Average Rent
  • Bellevue Average Rent
  • Woodinville Average Rent

Apartment communities in Redmond we think you'll love

Cru at Willows

Cru at Willows

12377 137th Pl NE,
Redmond, WA 98052

$1,899 - $2,810

Studio - 2 Beds

The Charles

The Charles

8065 161st Ave NE,
Redmond, WA 98052

$1,906 - $5,489

Studio - 3 Beds

Broadstone Vega

Broadstone Vega

16135 NE 85th St,
Redmond, WA 98052

$2,147 - $4,435

Studio - 2 Beds

Nightingale

Nightingale

2651 156th Ave NE,
Redmond, WA 98052

$1,850 - $2,899

Studio - 2 Beds

Property Management Companies in Redmond, WA

Greystar
Greystar
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  • 938,530

    Units

  • 866

    Cities

9 Communities in Redmond
Essex
Essex
  • 150

    Communities

  • 47,092

    Units

  • 65

    Cities

8 Communities in Redmond
AvalonBay
AvalonBay
  • 236

    Communities

  • 79,539

    Units

  • 154

    Cities

5 Communities in Redmond
Avenue5 Residential
Avenue5 Residential
  • 501

    Communities

  • 111,628

    Units

  • 201

    Cities

4 Communities in Redmond
AMC
AMC
  • 672

    Communities

  • 131,486

    Units

  • 263

    Cities

3 Communities in Redmond
Fairfield
Fairfield
  • 108

    Communities

  • 30,673

    Units

  • 66

    Cities

3 Communities in Redmond
Legacy Partners
Legacy Partners
  • 39

    Communities

  • 9,709

    Units

  • 29

    Cities

3 Communities in Redmond
GRAN Incorporated
GRAN Incorporated
  • 15

    Communities

  • 2,008

    Units

  • 9

    Cities

3 Communities in Redmond

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United States Washington Redmond Rental Trends

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 September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity