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Rental Market Trends in Redmond, WA

Updated September 2026

The average rent in Redmond, WA is $2,396/month.

Rent in Redmond is 44% higher than the national average rent of $1,665/month, making this one of the more expensive cities statewide.

$2,396/month

Average Rent

708 Sq Ft

Average Size

+4%

Change / Year

1,934

Available Apartments

Redmond rent varies by unit size and layout:

  • Studio apartments in Redmond average $1,970 per month.
  • One-bedroom apartments in Redmond average $2,396 per month.
  • Two-bedroom apartments in Redmond average $3,007 per month.
  • Three-bedroom apartments in Redmond average $3,540 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,970/month
498 Sq Ft
One Bedroom
$2,396/month
708 Sq Ft
Two Bedroom
$3,007/month
1,039 Sq Ft
Three Bedroom
$3,540/month
1,287 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,826/month
1,136 Sq Ft
Three Bedroom
$3,827/month
1,790 Sq Ft
Four Bedroom
$4,701/month
2,667 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$2,162/month
728 Sq Ft
Two Bedroom
$2,619/month
1,086 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,926/month
1,189 Sq Ft
Three Bedroom
$3,305/month
1,343 Sq Ft
View Redmond Apartments

How much has average rent changed in Redmond, WA?

In the past year, rent has increased by 4%, which averages out to $97 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Redmond, WA

September 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
3% $1,001 - $1,500/month
9% $1,501 - $2,000/month
86% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Redmond?

Based on current rent prices, Southeast Redmond, Viewpoint and Willow-Rose Hill are the most affordable neighborhoods in Redmond.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Southeast Redmond
$2,115/month
659 Sq Ft
Viewpoint
$2,181/month
704 Sq Ft
Willow-Rose Hill
$2,206/month
682 Sq Ft
Bear Creek
$2,223/month
822 Sq Ft
Union Hill-Novelty Hill
$2,355/month
730 Sq Ft
Education Hill
$2,375/month
693 Sq Ft
Overlake
$2,485/month
715 Sq Ft
Downtown Redmond
$2,873/month
701 Sq Ft
Sammamish Valley
$2,937/month
776 Sq Ft
Grass Lawn
$2,998/month
810 Sq Ft

What are the most expensive neighborhoods in Redmond?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Grass Lawn
$2,998/month
810 Sq Ft
Sammamish Valley
$2,937/month
776 Sq Ft
Downtown Redmond
$2,873/month
701 Sq Ft
Overlake
$2,485/month
715 Sq Ft
Education Hill
$2,375/month
693 Sq Ft
Union Hill-Novelty Hill
$2,355/month
730 Sq Ft
Bear Creek
$2,223/month
822 Sq Ft
Willow-Rose Hill
$2,206/month
682 Sq Ft
Viewpoint
$2,181/month
704 Sq Ft
Southeast Redmond
$2,115/month
659 Sq Ft

Which Redmond neighborhoods have the most rentals available?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Redmond
$2,873/month
701 Sq Ft
Overlake
$2,485/month
715 Sq Ft
Grass Lawn
$2,998/month
810 Sq Ft
Sammamish Valley
$2,937/month
776 Sq Ft
Education Hill
$2,375/month
693 Sq Ft
Southeast Redmond
$2,115/month
659 Sq Ft
Willow-Rose Hill
$2,206/month
682 Sq Ft
Union Hill-Novelty Hill
$2,355/month
730 Sq Ft
Bear Creek
$2,223/month
822 Sq Ft
Viewpoint
$2,181/month
704 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 $2,396, you’ll want to make about $7,986 per month or $95,832 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

1,934 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.

View the Redmond Area Guide

Apartment Averages

Southeast Redmond

Redmond, WA

Grass Lawn

Redmond, WA

Studio
$1,943/month
$1,863/month
One Bedroom
$2,211/month
$2,061/month
Two Bedroom
$2,960/month
$2,610/month
Three Bedroom
$3,678/month
$3,290/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Kirkland

    Kirkland

    Avg Rent: $2,349/month

  • Sammamish

    Sammamish

    Avg Rent: $2,426/month

  • Bellevue

    Bellevue

    Avg Rent: $2,581/month

  • Woodinville

    Woodinville

    Avg Rent: $2,268/month

Apartment Communities in Redmond We Think You'll Love

Verde Esterra Park

Verde Esterra Park

2808 Calder Ave NE,
Redmond, WA 98052

Studio - 2 Beds | $1,978 - $4,065

Cru at Willows

Cru at Willows

12377 137th Pl NE,
Redmond, WA 98052

Studio - 2 Beds | $1,796 - $3,437

Nightingale

Nightingale

2651 156th Ave NE,
Redmond, WA 98052

Studio - 2 Beds | $1,899 - $3,650

Rove

Rove

16350 NE 80th St,
Redmond, WA 98052

Studio - 2 Beds | $1,726 - $5,315

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Frequently Asked Questions

What is the average rent in Redmond?

The average rent in Redmond is $2,396 per month, which is 43.9% higher than the national average of $1,665.

What is the average rent for a house in Redmond?

The average rent for a house in Redmond, WA is $3,827 per month.

What is the average rent for a townhome in Redmond?

The average rent for a townhome in Redmond, WA is $2,926 per month.

What is the average rent for a condo in Redmond?

The average rent for a condo in Redmond, WA is $2,162 per month.

Are rents going up or down in Redmond?

Rents in Redmond, WA are increasing, with prices up 4.0% year-over-year and $97 more per month.

What rent range is most common in Redmond?

In Redmond, WA, 86% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

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 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

© 2026 CoStar Group, Inc.

Equal Housing Opportunity