
Cheap Homes for Rent in Lake Union Neighborhood of Seattle, WA from $1,700 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Union area of Seattle.


527 Eastlake Ave E

601 Summit Ave E

611 Highland Dr

501 Roy St, Unit T105

401 9th Ave N
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

How much does it cost to rent a home in Lake Union?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lake Union 2 Bedroom Homes for Rent | $3,630 | $2,495 | $5,500 |
Lake Union 3 Bedroom Homes for Rent | $4,284 | $3,400 | $4,795 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Lake Union Neighborhood of Seattle, WA.
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Lake Union, Seattle, WA Local Guide
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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. Kulle Urban Living has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable Lake Union apartments for rent in Seattle, WA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Amherst Micro Studios | Micro Studio | Studio,1BA | $795 |
Kulle Urban Living | Urban Studio D | Studio,1BA | $895 |
Odessa Apartments | Studio | Studio,1BA | $899 |
Best Value Apartments for Rent in Lake Union, WA
As of March 26, 2025 the best value apartment in the Lake Union area is the $2.26 price per square foot 2x1 Model at Roycroft Apartments in the in the Capitol Hill neighborhood starting from $2,150. The second greatest value Lake Union apartment is the Two Bedroom Two Bathroom Model at Illumina Apartment Homes starting at $2,287 with a $2.46 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Roycroft Apartments | 2x1 | 2BR,1BA | $2.26 |
Illumina Apartment Homes | Two Bedroom Two Bathroom | 2BR,2BA | $2.46 |
Kelo | 2BDRM | 2BR,1BA | $2.23 |
2239 Yale Ave E, Unit 102 | 2239 Yale Ave E | 1BR,1BA | $1.96 |
Chardonnay | 1BR/1.0BA | 1BR,1BA | $2.60 |
Larimda | 1BDRM | 1BR,1BA | $2.48 |
LUT Lake Union Terrace | 1BR/1.0BA | 1BR,1BA | $2.60 |
UDH - University District Heights | 1BR/1.0BA | 1BR,1BA | $2.54 |
101 Taylor Ave N, Unit FL8-ID594 | 101 Taylor Ave N | Studio ,1BA | $2.50 |
Amherst Micro Studios | Micro Studio | Studio ,1BA | $2.27 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Lake Union
What type of rentals are currently available in Lake Union?
There are currently 830 Apartments for Rent in Lake Union, WA with pricing that ranges from $795 to $31,995. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Union ranging from $1,750 to $5,500.
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 $1,750 to $5,500 with an average monthly rent of $3,443.
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.

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.

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.

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.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.