Cheap Apartments for Rent in the Yesler Terrace Neighborhood of Seattle, WA from $600 (213 Rentals)

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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

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property at 1900 1st Ave

1900 1st Ave

SeattleWA98101
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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
Sorento FlatsLOW MOVE IN COSTS!!! UNITS $1000 AND BELOW!!!Studio,1BA$750
Pride PlaceStudio 50%Studio,1BA$790
LarnedSStudio,1BA$790
Melrose30%SStudio,1BA$790
1722 Summit Where - Luxury Meets Location!!!StudioStudio,1BA$795
423 Terry Apartments in the Heart of First HillS StandardStudio,1BA$799
Modern Cozy Studio Apartments in First HillStudioStudio,1BA$800

Best Value Apartments for Rent in Yesler Terrace, WA

As of March 22, 2025 the best value apartment in the Yesler Terrace area is the $1.81 price per square foot 622 Rainier Ave S Model at 622 Rainier Ave S, Unit FL7-ID794 in the in the Downtown Seattle neighborhood starting from $1,330. The second greatest value Yesler Terrace apartment is the Enjoy 3 Months of Free Parking @ Verse Seattle! Model at Verse starting at $1,650 with a $2.25 price per square foot in the Mercer Heights 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.
622 Rainier Ave S, Unit FL7-ID794622 Rainier Ave S1BR,1BA$1.81
VerseEnjoy 3 Months of Free Parking @ Verse Seattle!1BR,1BA$2.25
Portico on Terrace Apartments1BR/1.0BA1BR,1BA$2.26
Park HillSAStudio ,1BA$2.12
2401 S Jackson St, Unit FL6-ID5472401 S Jackson St1BR,1BA$2.04
Sheridan ApartmentsStudioStudio ,1BA$1.81
Washington Terrace Senior Affordable ApartmentsA071BR,1BA$2.22
Uncle Bob's PlaceStudioStudio ,1BA$2.15
Stratford on 4th0BR/1.0BAStudio ,1BA$2.19
Sorento Flats0BR/1.0BAStudio ,1BA$2.25

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Pet Friendly Lifestyle
Yesler Terrace, Seattle, WA

Ranked #12

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $800.

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 $4,683.

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 2,798 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 $782 which is $3,901 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.

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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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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.

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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.