Cheap Apartments for Rent in the Yesler Terrace Neighborhood of Seattle, WA from $600 (195 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Yesler Terrace 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

Yesler Terrace, Seattle, WA Local Guide

Cheapest Available Yesler Terrace Apartments for Rent

 

The cheapest available apartment rental in the Yesler Terrace area of Seattle, WA is a Studio unit found at Alps Apartments priced from $675. Luna Mia Co-Living Studios has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here are the most affordable Yesler Terrace apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Alps ApartmentsMicro StudioStudio,1BA$675
Luna Mia Co-Living StudiosSROStudio,1BA$695
Modern Cozy Studio Apartments in First HillStudioStudio,1BA$750
Sorento FlatsLOW MOVE IN COSTS!!! UNITS $1000 AND BELOW!!!Studio,1BA$750
LarnedSStudio,1BA$790
Melrose30%SStudio,1BA$790
1722 SummitStudioStudio,1BA$795
423 Terry Apartments in the Heart of First HillS StandardStudio,1BA$799
1806-1812 12th Ave ApartmentsStudioStudio,1BA$850
Louisa HotelMFTE StudioStudio,1BA$900

Best Value Apartments for Rent in Yesler Terrace, WA

As of April 07, 2025 the best value apartment in the Yesler Terrace area is the $1.34 price per square foot 0BR/1.0BA Model at Large Studio in the in the Downtown Seattle neighborhood starting from $1,075. The second greatest value Yesler Terrace apartment is the 1+DEN Model at Roosevelt Apartments starting at $1,795 with a $2.29 price per square foot in the Capitol Hill neighborhood. Here is today’s list of the best values for Yesler Terrace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Large Studio0BR/1.0BAStudio ,1BA$1.34
Roosevelt Apartments1+DEN1BR,1BA$2.29
VerseEnjoy 3 Months of Free Parking @ Verse Seattle!1BR,1BA$2.25
Clairemont Apartments1x11BR,1BA$2.20
Portico on Terrace Apartments1BR/1.0BA1BR,1BA$2.26
Park HillSAStudio ,1BA$2.12
Sheridan ApartmentsStudioStudio ,1BA$1.81
Uncle Bob's PlaceStudioStudio ,1BA$2.15
Stratford on 4th0BR/1.0BAStudio ,1BA$2.19
Sorento Flats0BR/1.0BAStudio ,1BA$2.31

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Yesler Terrace, Seattle, WA

Ranked #11

Among neighborhoods in Seattle, WA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

Our team is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Washington, including Seattle. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, family-friendliness, walking, and biking. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Yesler Terrace Apartments

What is a cheap apartment in Yesler Terrace?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Yesler Terrace is under $900.

What is the price of a cheap apartment in Yesler Terrace?

The cheapest apartment in Yesler Terrace is Alps Apartments which is listed at $825, while the average apartment in Yesler Terrace costs $5,258.

What types of apartments are the cheapest in Yesler Terrace?

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 530 regular apartments in Yesler Terrace that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Yesler Terrace?

Cheap apartments in Yesler Terrace have an average cost of $874 which is $4,384 cheaper than the average rent for all rentals in Yesler Terrace.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.