Cheap Apartments for Rent in the Phinney Ridge Neighborhood of Seattle, WA from $700 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Phinney Ridge area of Seattle.

806 N 48th St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

OWL
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

7121 Linden Ave N

The Hemlock
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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
Phinney Ridge, Seattle, WA Local Guide

How much does it cost to rent an apartment in Phinney Ridge?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Phinney Ridge Studio Apartments | $1,730 | $775 | $2,554 |
Phinney Ridge 1 Bedroom Apartments | $2,535 | $1,060 | $3,606 |
Phinney Ridge 2 Bedroom Apartments | $3,361 | $1,099 | $6,088 |
Phinney Ridge 3 Bedroom Apartments | $1,671 | $1,099 | $5,064 |
Phinney Ridge 4 Bedroom Apartments | $1,860 | $1,099 | $6,350 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Phinney Ridge Neighborhood of Seattle, WA.
See all Apartments in SeattleExplore Seattle
Phinney Ridge, Seattle, WA Local Guide
- Nearby Seattle neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Phinney Ridge Apartments for Rent
 The cheapest available apartment rental in the Phinney Ridge area of Seattle, WA is a Studio unit found at Aubrey Studios priced from $866. OWL has the second lowest priced unit, which is a Studio apartment currently listed from $1,373. Here are the most affordable Phinney Ridge apartments for rent in Seattle, WA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Aubrey Studios | Private Standard Studios | Studio,1BA | $866 |
OWL | A3 MFTE - Studio | Studio,1BA | $1,373 |
Phinney Flats | Studio Lake Facing | Studio,1BA | $1,450 |
Best Value Apartments for Rent in Phinney Ridge, WA
As of May 13, 2025 the best value apartment in the Phinney Ridge area is the $3.53 price per square foot 2 Bed 2 Bath MFTE Model at The Hemlock in the in the Northgate neighborhood starting from $2,894. The second greatest value Phinney Ridge apartment is the One Bedroom One Bath - 701 Model at Augusta Apartments starting at $2,895 with a $4.13 price per square foot in the University District neighborhood. Here is today’s list of the best values for Phinney Ridge apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Hemlock | 2 Bed 2 Bath MFTE | 2BR,2BA | $3.53 |
Augusta Apartments | One Bedroom One Bath - 701 | 1BR,1BA | $4.13 |
Interlake Place | 2bed (upgraded) | 2BR,1BA | $4.04 |
Maple Leaf Apartments | 1-Bed F | 1BR,1BA | $3.84 |
The Ballard Independent | One Bedroom A13 | 1BR,1BA | $5.72 |
Trailside | S1 | Studio ,1BA | $4.22 |
Lightbox | One Bedroom A1E | 1BR,1BA | $3.52 |
OWL | A2 - Studio | Studio ,1BA | $4.17 |
Phinney Flats | Studio Lake Facing | Studio ,1BA | $4.59 |
Aubrey Studios | Private Studio Basement Level | Studio ,1BA | $5.89 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestylePhinney Ridge, Seattle, WA
Ranked #133
Among neighborhoods in Seattle, WA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the Phinney Ridge Neighborhood in Seattle, WA
Walk Score®
85 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
85 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
49 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Phinney Ridge Apartments
What is a cheap apartment in Phinney Ridge?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Phinney Ridge is under $2,625.
What is the price of a cheap apartment in Phinney Ridge?
The cheapest apartment in Phinney Ridge is OWL which is listed at $1,675, while the average apartment in Phinney Ridge costs $3,400.
What types of apartments are the cheapest in Phinney Ridge?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 56 regular apartments in Phinney Ridge that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.