The Charles
8065 161st Ave NE,
Redmond, WA 98052
Studio - 3 Beds | $1,906 - $6,365
Rental Market Trends in Redmond, WA
What is the average rent in Redmond, WA?
$2,323/month
Average Rent
703 Sq Ft
Average Apartment Size
+0.8%
Increase in the Last Year
As of July 2025, the average rent in Redmond, WA is $2,323 per month. This is 42% higher than the national average rent price of $1,637/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 $1,932 per month for a studio, $2,323 for a one-bedroom apartment, and around $3,002 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,512 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average 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 increased by 0.8%, which averages out to $20 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024
2025
Rent Ranges in Redmond, WA
Last Updated July 2025
Above $2,000
Most rental prices fall within this range
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
What are the most affordable neighborhoods in Redmond?
Based on current rent prices, Woodbridge, Redmond Ridge and Bear Creek are the most affordable neighborhoods in Redmond.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Redmond?
Based on current rent prices, Hidden Ridge, English Cove and Education Hill are the most expensive neighborhoods in Redmond.
Neighborhood
Average Rent
Average Sq Ft
Which Redmond neighborhoods have the most rentals available?
The neighborhoods in Redmond with the most apartments available are Downtown Redmond, Perrigos of Redmond and Overlake .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Redmond, WA?
Because the average rent in Redmond is $2,323, you’ll want to make about $7,743 per month or $92,916 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.
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.
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One Bedroom
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Two Bedroom
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Three Bedroom
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Nearby City Rent Trends
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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 June 2025.
* Percentages may not total 100 due to rounding.