Cheap Apartments for Rent in the South Lake Union Neighborhood of Seattle, WA from $600 (79 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Lake Union area of Seattle.

Carolina Court Apartment Homes

Derby Capitol Hill

619 Comstock St

2721 4th Ave

708 6th Ave N, Unit FL6-ID575

Dexter Lake Union

The Summit at Lake Union
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

PERCH The Perch

408 7th Ave N

Illumina Apartment Homes

Modera South Lake Union

Alt Capitol Hill

445 Bellevue Ave E

Boxcar South Lake Union

Belgrove Court

Lakeview Apartments

708 6th Ave N

624 Yale Apartments

Stream 403

Stream Dexios

624 Yale Ave N

Lake Union Tower

Aperture on Fifth

Orion

Arise Century

Scandia Mignon Apartment Homes
South Lake Union, Seattle, WA Local Guide

How much does it cost to rent an apartment in South Lake Union?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
South Lake Union Studio Apartments | $1,867 | $795 | $9,287 |
South Lake Union 1 Bedroom Apartments | $2,971 | $1,395 | $9,550 |
South Lake Union 2 Bedroom Apartments | $5,058 | $1,895 | $10,000+ |
South Lake Union 3 Bedroom Apartments | $13,255 | $5,225 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 79 rentals with your search options within a 2 mile radius of the South Lake Union Neighborhood of Seattle, WA.
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South Lake Union, Seattle, WA Local Guide
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Cheapest Available South Lake Union Apartments for Rent
 The cheapest available apartment rental in the South 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 $950. Here are the most affordable South Lake Union apartments for rent in Seattle, WA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Amherst Micro Studios | Micro Studio | Studio,1BA | $795 |
Alturra | Studio | Studio,1BA | $950 |
Kulle Urban Living | Studio - 185 sqft | Studio,1BA | $960 |
Sheffield | Studio206 | Studio,1BA | $1,050 |
Vermont Inn | Furnished- Six Month Lease | Studio,1BA | $1,195 |
Olive Terrace Apartments | 1BR/1.0BA | 1BR,1BA | $1,200 |
Edwards on Fifth | Studio_5 | Studio,1BA | $1,225 |
Summit Terrace | STUDIO | Studio,1BA | $1,295 |
Derby SLU | South | Studio,1BA | $1,300 |
Derby Capitol Hill | Type F | Studio,1BA | $1,315 |
Best Value Apartments for Rent in South Lake Union, WA
As of March 14, 2025 the best value apartment in the South Lake Union area is the $2.46 price per square foot Two Bedroom Two Bathroom Model at Illumina Apartment Homes in the in the Capitol Hill neighborhood starting from $2,293. The second greatest value South Lake Union apartment is the 2BDRM Model at Kelo starting at $2,000 with a $2.35 price per square foot in the Capitol Hill neighborhood. Here is today’s list of the best values for South Lake Union apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Illumina Apartment Homes | Two Bedroom Two Bathroom | 2BR,2BA | $2.46 |
Kelo | 2BDRM | 2BR,1BA | $2.35 |
Chardonnay | 1BR/1.0BA | 1BR,1BA | $2.60 |
Oriana Apartments | 1BD/1BA | 1BR,1BA | $2.53 |
The Local 422 Apartments | 422 - MFTE 2 bed, 1 bath, 718 SF | 2BR,1BA | $2.64 |
Sir Galahad | 0BR/1.0BA | Studio ,1BA | $2.42 |
LUT Lake Union Terrace | 1BR/1.0BA | 1BR,1BA | $2.60 |
UDH - University District Heights | 1BR/1.0BA | 1BR,1BA | $2.54 |
Red Lion | 1bd/1ba 2 | 1BR,1BA | $2.63 |
Amherst Micro Studios | Micro Studio | Studio ,1BA | $2.27 |
Quick Rent Budget Calculator
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Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including South Lake Union, Seattle, and the greater Seattle area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, transit availability, pet-friendly communities, multifamily communities for the kids, and more. These search options are in the site filters at the top of this page.
Getting Around the South Lake Union Neighborhood in Seattle, WA
Walk Score®
96 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
81 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
85 / 100
Excellent Transit
Transit is convenient for most trips
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 South Lake Union Apartments
What is the Cheapest Studio apartment in South Lake Union?
Currently the most affordable Cheap Studio Apartment in South Lake Union is at Amherst Micro Studios listed at $795.
How much is rent for a Cheap One Bedroom South Lake Union Apartment?
The lowest price for a Cheap One Bedroom South Lake Union Apartment is $1,200 at Olive Terrace Apartments.
What is the lowest price for a Cheap Two Bedroom South Lake Union Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in South Lake Union is starting from $1,895 at The Local 422 Apartments.
What is the most affordable South Lake Union Three Bedroom Apartment?
The best deal on a cheap South Lake Union Three Bedroom Apartment rental is at Skyglass and starts from $6,472.
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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.