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Rental Market Trends in Redmond, WA

What is the average rent in Redmond, WA?

$2,388/month

Average Rent

707 Sq Ft

Average Apartment Size

+1.5%

Increase in the Last Year

Redmond, WA Rental Market Overview

The average rent in Redmond, WA is $2,388 per month. This is 45% higher than the national average rent price of $1,644/month, making Redmond one of the most expensive cities in the US.

  • Studio apartments in Redmond average $1,968 per month.
  • One-bedroom apartments in Redmond average $2,388 per month.
  • Two-bedroom apartments in Redmond average $3,037 per month.
  • Three-bedroom apartments in Redmond average $3,561 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,968/month
504 Sq Ft
One Bedroom
$2,388/month
707 Sq Ft
Two Bedroom
$3,037/month
1,036 Sq Ft
Three Bedroom
$3,561/month
1,289 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,970/month
1,137 Sq Ft
Three Bedroom
$4,045/month
1,369 Sq Ft
Four Bedroom
$5,781/month
2,574 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,997/month
647 Sq Ft
Two Bedroom
$2,479/month
963 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 1.5%, which averages out to $37 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 June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Redmond, WA
Last Updated June 2026
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
86% 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, Viewpoint, Southeast Redmond and Willow-Rose Hill are the most affordable neighborhoods in Redmond.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Viewpoint
$2,212/month
735 Sq Ft
Southeast Redmond
$2,236/month
663 Sq Ft
Willow-Rose Hill
$2,367/month
699 Sq Ft
Education Hill
$2,409/month
674 Sq Ft
Overlake
$2,567/month
713 Sq Ft
Downtown Redmond
$2,585/month
695 Sq Ft
Grass Lawn
$2,986/month
809 Sq Ft
Sammamish Valley
$3,129/month
774 Sq Ft

What are the most expensive neighborhoods in Redmond?

Based on current rent prices, Sammamish Valley, Grass Lawn and Downtown Redmond are the most expensive neighborhoods in Redmond.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Sammamish Valley
$3,129/month
774 Sq Ft
Grass Lawn
$2,986/month
809 Sq Ft
Downtown Redmond
$2,585/month
695 Sq Ft
Overlake
$2,567/month
713 Sq Ft
Education Hill
$2,409/month
674 Sq Ft
Willow-Rose Hill
$2,367/month
699 Sq Ft
Southeast Redmond
$2,236/month
663 Sq Ft
Viewpoint
$2,212/month
735 Sq Ft

Which Redmond neighborhoods have the most rentals available?

The neighborhoods in Redmond with the most apartments available are Overlake, Grass Lawn and Downtown Redmond .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Overlake
$2,567/month
713 Sq Ft
Grass Lawn
$2,986/month
809 Sq Ft
Downtown Redmond
$2,585/month
695 Sq Ft
Sammamish Valley
$3,129/month
774 Sq Ft
Southeast Redmond
$2,236/month
663 Sq Ft
Education Hill
$2,409/month
674 Sq Ft
Willow-Rose Hill
$2,367/month
699 Sq Ft
Viewpoint
$2,212/month
735 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 $2,388, you’ll want to make about $7,960 per month or $95,520 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

2,531 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

Viewpoint

Redmond, WA

Sammamish Valley

Redmond, WA

Studio
-
-
One Bedroom
$2,126/month
-
Two Bedroom
$2,564/month
-
Three Bedroom
-
-
Search
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Nearby City Rent Trends

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

Apartment communities in Redmond we think you'll love

Verde Esterra Park

Verde Esterra Park

2808 Calder Ave NE,
Redmond, WA 98052

$2,104 - $4,203 Total Monthly Price

Studio - 2 Beds | 12 Month Lease

Rove

Rove

16350 NE 80th St,
Redmond, WA 98052

$2,170 - $5,420

Studio - 2 Beds

Nightingale

Nightingale

2651 156th Ave NE,
Redmond, WA 98052

$2,265 - $3,975

Studio - 2 Beds

Cru at Willows 124

Cru at Willows 124

12377 137th Pl NE,
Redmond, WA 98052

$1,935 - $3,439

Studio - 2 Beds

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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 June 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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity