Cheap Homes for Rent in Lake Union Neighborhood of Seattle, WA from $1,200 (10 Rentals)

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Search the lowest-cost Homes available for rent right now in the Lake Union area of Seattle.

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611 Highland Dr

SeattleWA98109

Seattle's Best Affordable Neighborhoods

Learn about Seattle, WA and the best places to live with original content written by our Local Expert Sharon Stallings

Lake Union, Seattle, WA Local Guide

Cheapest Available Lake Union Apartments for Rent

 

The cheapest available apartment rental in the Lake Union area of Seattle, WA is a Studio unit found at Amherst Micro Studios priced from $795. Alturra has the second lowest priced unit, which is a Studio apartment currently listed from $825. Here are the most affordable Lake Union apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Amherst Micro StudiosMicro StudioStudio,1BA$795
AlturraStudioStudio,1BA$825
Kulle Urban LivingUrban Studio DStudio,1BA$895

Best Value Apartments for Rent in Lake Union, WA

As of April 21, 2025 the best value apartment in the Lake Union area is the $2.40 price per square foot 2BD/2BA Model at 6th Ave Apartments in the in the Queen Anne neighborhood starting from $2,700. The second greatest value Lake Union apartment is the 2x1 Model at Roycroft Apartments starting at $2,200 with a $2.20 price per square foot in the Capitol Hill neighborhood. Here is today’s list of the best values for Lake Union apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
6th Ave Apartments2BD/2BA2BR,2BA$2.40
Roycroft Apartments2x12BR,1BA$2.20
Annaliese1 Bed 1 Bath A31BR,1BA$2.58
Oriana Apartments2BD/1BA2BR,1BA$2.81
Larimda1BDRM1BR,1BA$2.45
UDH - University District Heights1BR/1.0BA1BR,1BA$2.54
ZEP Zephyr ApartmentsstudioStudio ,1BA$2.32
Red Lion1bd/1ba 21BR,1BA$2.63
Castle Apartments101Studio ,1BA$2.60
Amherst Micro StudiosMicro StudioStudio ,1BA$2.27

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Frequently Asked Questions about Lake Union

What type of rentals are currently available in Lake Union?

There are currently 821 Apartments for Rent in Lake Union, WA with pricing that ranges from $795 to $31,995. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Union ranging from $1,225 to $6,395.

What is the current price range for Rental Homes in Lake Union?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Union ranges from $1,225 to $6,395 with an average monthly rent of $4,085.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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The 10 Best Affordable Neighborhoods in Seattle, WA

Written by: Sharon Stallings

I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. My husband, two children, and I moved to West Seattle in 1995.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.