Cheap Apartments for Rent in the South Lake Union Neighborhood of Seattle, WA from $600 (92 Rentals)

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

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

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property at 708 6th Ave N

708 6th Ave N

SeattleWA98109
property at 624 Yale Ave N

624 Yale Ave N

SeattleWA98109
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Lakeview Apartments
Studio to 2 Bedroom Apartments

Lakeview Apartments

1170 Harrison StSeattle, WA 98109
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The Avante Apartments
Studio to 1 Bedroom Apartments

The Avante Apartments

525 Bellevue Ave ESeattle, WA 98102
  • Utilities Included
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Sheffield
Studio to 1 Bedroom Apartments

Sheffield

605 Boylston Ave ESeattle, WA 98102
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Top of the 5th
Studio to 2 Bedroom Apartments

Top of the 5th

1401 5th Ave NSeattle, WA 98109
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Capitol Core
Studio Apartments

Capitol Core

215 Boylston Ave ESeattle, WA 98102
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South Lake Union, Seattle, WA Local Guide

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. Kulle Urban Living has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable South Lake Union apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Amherst Micro StudiosMicro StudioStudio,1BA$795
Kulle Urban LivingUrban Studio DStudio,1BA$895
AlturraStudioStudio,1BA$950
SheffieldStudio206Studio,1BA$1,050
Vermont InnFurnished- Six Month LeaseStudio,1BA$1,195
Olive Terrace Apartments1BR/1.0BA1BR,1BA$1,200
Edwards on FifthStudio_5Studio,1BA$1,225
Varick0BR/1.0BAStudio,1BA$1,295
Summit TerraceSTUDIOStudio,1BA$1,295
Heights Court0BR/1.0BAStudio,1BA$1,300

Best Value Apartments for Rent in South Lake Union, WA

As of March 26, 2025 the best value apartment in the South Lake Union area is the $2.75 price per square foot 1x1.5 Den Model at Equinox Apartments in the in the Capitol Hill neighborhood starting from $3,072. The second greatest value South 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 South Lake Union apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Equinox Apartments1x1.5 Den1BR,1.5BA$2.75
Illumina Apartment HomesTwo Bedroom Two Bathroom2BR,2BA$2.46
Kelo2BDRM2BR,1BA$2.23
Chardonnay1BR/1.0BA1BR,1BA$2.60
The Local 422 Apartments422 - MFTE 2 bed, 1 bath, 718 SF2BR,1BA$2.64
LUT Lake Union Terrace1BR/1.0BA1BR,1BA$2.60
UDH - University District Heights1BR/1.0BA1BR,1BA$2.54
Red Lion1bd/1ba 21BR,1BA$2.63
Valley Street Apartments1BR/1.0BA1BR,1BA$2.76
Amherst Micro StudiosMicro StudioStudio ,1BA$2.27

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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 $5,949.

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.

decorative image for The 10 Best Affordable Neighborhoods in Seattle, WA article

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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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.

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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.