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Rental Market Trends in Redmond, WA

What is the average rent in Redmond, WA?

$2,276/month

Average Rent

705 Sq Ft

Average Apartment Size

-0.2%

Decrease in the Last Year

As of December 2025, the average rent in Redmond, WA is $2,276 per month. This is 39% higher than the national average rent price of $1,632/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 $1,847 per month for a studio, $2,276 for a one-bedroom apartment, and around $2,910 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,538 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,847/month
504 Sq Ft
One Bedroom
$2,276/month
705 Sq Ft
Two Bedroom
$2,910/month
1,034 Sq Ft
Three Bedroom
$3,538/month
1,302 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,597/month
1,034 Sq Ft
Three Bedroom
$4,112/month
1,953 Sq Ft
Four Bedroom
$4,925/month
2,717 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,137/month
696 Sq Ft
Two Bedroom
$2,446/month
1,003 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Redmond, WA?

In the past year, rent has decreased by 0.2%, which averages out to $5 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 December 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Redmond, WA
Last Updated December 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
7% $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, Woodbridge, Viewpoint and Lakeshore Estates are the most affordable neighborhoods in Redmond.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Woodbridge
$1,944/month
675 Sq Ft
Viewpoint
$2,035/month
711 Sq Ft
Lakeshore Estates
$2,035/month
711 Sq Ft
Bear Creek
$2,208/month
854 Sq Ft
Southeast Redmond
$2,210/month
677 Sq Ft
English Cove
$2,239/month
722 Sq Ft
Eaves by Avalon
$2,284/month
673 Sq Ft
Willow-Rose Hill
$2,310/month
674 Sq Ft
Microsoft Redmond Campus
$2,441/month
719 Sq Ft
Overlake
$2,456/month
713 Sq Ft

What are the most expensive neighborhoods in Redmond?

Based on current rent prices, Hidden Ridge, Union Hill-Novelty Hill and Sammamish Valley are the most expensive neighborhoods in Redmond.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hidden Ridge
$3,616/month
683 Sq Ft
Union Hill-Novelty Hill
$2,782/month
724 Sq Ft
Sammamish Valley
$2,522/month
730 Sq Ft
Perrigos of Redmond
$2,514/month
638 Sq Ft
Education Hill
$2,480/month
672 Sq Ft
Downtown Redmond
$2,478/month
670 Sq Ft
Overlake
$2,456/month
713 Sq Ft
Microsoft Redmond Campus
$2,441/month
719 Sq Ft
Willow-Rose Hill
$2,310/month
674 Sq Ft
Eaves by Avalon
$2,284/month
673 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
$2,478/month
670 Sq Ft
Overlake
$2,456/month
713 Sq Ft
Perrigos of Redmond
$2,514/month
638 Sq Ft
Microsoft Redmond Campus
$2,441/month
719 Sq Ft
Education Hill
$2,480/month
672 Sq Ft
Southeast Redmond
$2,210/month
677 Sq Ft
Willow-Rose Hill
$2,310/month
674 Sq Ft
Sammamish Valley
$2,522/month
730 Sq Ft
Eaves by Avalon
$2,284/month
673 Sq Ft
Union Hill-Novelty Hill
$2,782/month
724 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 $2,276, you’ll want to make about $7,586 per month or $91,032 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

2,751 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

Woodbridge

Redmond, WA

Hidden Ridge

Redmond, WA

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
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Nearby City Rent Trends

  • Kirkland Average Rent
  • Bellevue Average Rent

Apartment communities in Redmond we think you'll love

Nightingale

Nightingale

2651 156th Ave NE,
Redmond, WA 98052

$1,999 - $3,750

Studio - 2 Beds

Cru at Willows

Cru at Willows

12377 137th Pl NE,
Redmond, WA 98052

$1,875 - $3,899

Studio - 2 Beds

The Charles

The Charles

8065 161st Ave NE,
Redmond, WA 98052

$1,806 - $5,389

Studio - 3 Beds

Broadstone Vega

Broadstone Vega

16135 NE 85th St,
Redmond, WA 98052

$1,954 - $4,288

Studio - 2 Beds

Property Management Companies in Redmond, WA

Greystar
Greystar
  • 3,452

    Communities

  • 951,960

    Units

  • 878

    Cities

9 Communities in Redmond
Essex
Essex
  • 105

    Communities

  • 36,756

    Units

  • 53

    Cities

7 Communities in Redmond
AvalonBay
AvalonBay
  • 199

    Communities

  • 71,292

    Units

  • 133

    Cities

5 Communities in Redmond
AMC
AMC
  • 654

    Communities

  • 128,618

    Units

  • 254

    Cities

3 Communities in Redmond
Bell Partners
Bell Partners
  • 227

    Communities

  • 73,397

    Units

  • 119

    Cities

3 Communities in Redmond
Fairfield
Fairfield
  • 106

    Communities

  • 30,201

    Units

  • 64

    Cities

3 Communities in Redmond
Security Properties, Inc.
Security Properties, Inc.
  • 53

    Communities

  • 13,165

    Units

  • 31

    Cities

3 Communities in Redmond
Legacy Partners
Legacy Partners
  • 40

    Communities

  • 10,281

    Units

  • 30

    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 November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity