5+ Days Ago
Highlights
- Hardwood floors
- Additional storage space
- Beautiful courtyard
Location
406 Summit Ave E, Seattle, WA 98102, USA|Broadway
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Property Overview
Summit Terrace is a highly rated property with an overall Zumper score of 8.3 out of 10, reflecting its competitive pricing and excellent amenities, which include hardwood floors and additional storage space. The location scores impressively at 9 out of 10, offering residents easy access to numerous restaurants, parks, and event hubs, making it ideal for those who enjoy an active social life. Additionally, the property maintains a strong emphasis on transparency and trustworthiness, ensuring potential renters receive a clear understanding of what to expect.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive
Great for
Social life
Floor plans
| STUDIO | Studio | 1 bath | 338 sqft | $1,395 /mo | 1 unit available |
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Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 10 |
|---|
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About Summit Terrace
Welcome to Summit Terrace in Seattle, WA! Our apartments feature smart-app laundry machines on-site for your convenience, beautiful courtyard for relaxation, hardwood floors for a touch of elegance, separate entrances for added privacy, and additional storage space for all your belongings. Located within walking distance to Broadway for dining, grocery, and shopping, as well as near the Polyclinic, Seattle Central Community College, and Seattle University, Summit Terrace offers a convenient and vibrant lifestyle. With close proximity to the Capitol Hill Station and public transit, everything you need is just a short distance away. Experience the best of city living at Summit Terrace.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, Summit Terrace is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, Summit Terrace has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Summit Terrace stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Summit Terrace is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Summit Terrace is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·7A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While it may not have as many distinctive features as similar properties in the surrounding area, renters can trust Summit Terrace to provide reasonable accomodations and accurate details about its community.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Summit Terrace provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Summit Terrace is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How Summit Terrace compares to other nearby properties.
Positives
- Less expensive
- Studio units are cheaper than other similar listings nearby
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Rent trends in Broadway
studio apartments at Summit Terrace cost about 8% more than the average rent price for studio apartments in Broadway.
Median rents as of Mar 14 2026.
Broadway
Seattle
| Month | Median Rent |
|---|---|
| March 2024 | $1,385 |
| April 2024 | $1,395 |
| May 2024 | $1,398 |
| June 2024 | $1,396 |
| July 2024 | $1,425 |
| August 2024 | $1,419 |
| September 2024 | $1,398 |
| October 2024 | $1,386 |
| November 2024 | $1,384 |
| December 2024 | $1,392 |
| January 2025 | $1,395 |
| February 2025 | $1,376 |
| March 2025 | $1,387 |
| April 2025 | $1,395 |
| May 2025 | $1,395 |
| June 2025 | $1,396 |
| July 2025 | $1,396 |
| August 2025 | $1,400 |
| September 2025 | $1,397 |
| October 2025 | $1,392 |
| November 2025 | $1,374 |
| December 2025 | $1,382 |
| January 2026 | $1,352 |
| February 2026 | $1,363 |
| March 2026 | $1,376 |
| Month | Median Rent |
|---|---|
| March 2024 | $1,395 |
| April 2024 | $1,396 |
| May 2024 | $1,395 |
| June 2024 | $1,391 |
| July 2024 | $1,411 |
| August 2024 | $1,425 |
| September 2024 | $1,429 |
| October 2024 | $1,382 |
| November 2024 | $1,375 |
| December 2024 | $1,376 |
| January 2025 | $1,393 |
| February 2025 | $1,350 |
| March 2025 | $1,338 |
| April 2025 | $1,353 |
| May 2025 | $1,389 |
| June 2025 | $1,395 |
| July 2025 | $1,398 |
| August 2025 | $1,415 |
| September 2025 | $1,391 |
| October 2025 | $1,374 |
| November 2025 | $1,316 |
| December 2025 | $1,319 |
| January 2026 | $1,302 |
| February 2026 | $1,322 |
| March 2026 | $1,295 |
Affordability calculator
Can I afford to live at 406 Summit Ave E?
Bedrooms
StudioRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$55,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $55,800 annually to afford this studio monthly rent price of $1,395.
For more information on rent affordability, visit our rent calculator.
Schools near Summit Terrace
Lowell Elementary School
1058 e mercer st
seattle, WA, 98102
PK, K-5Public
B
Private School Services
2445 3rd av
seattle, WA, 98124
PK, K-12Public
TOPS K-8
2500 franklin av e
seattle, WA, 98102
PK, K-8Public
A-
Queen Anne Elementary School
411 boston st
seattle, WA, 98109
K-5Public
A-
Cascade Parent Partnership Program
2919 1st ave west
seattle, WA, 98119
K-8Public
A-
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Internet available near Summit Terrace
Neighborhood
Broadway | Seattle, WA
NEIGHBORHOOD VIBE
Lively and energetic
You’ll be in the heart of the action in this bustling and vibrant area with plenty of shopping, nightlife, and culture.
Getting around Seattle near 406 Summit Ave E
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
3/10
Roads are accessible, but parking may be a challenge.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 406 Summit Ave E, Seattle
Groceries
10/10
Several grocery stores nearby
Shopping
9/10
Variety of shops within a few minutes' walk
Cafes
9/10
Variety of cafés within a few minutes' walk
Restaurants
9/10
Variety of restaurants within a few minutes' walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
7/10
At least one high school within a 20-minute walk
Parks
10/10
Very large amount of park space within a few minutes' walk
Nightlife
9/10
Variety of bars within a few minutes' walk
Explore the area around 406 Summit Ave E
QFC
417 Broadway E
Summit Food
530 Summit Ave E
King of the Hill
1705 E Olive Way
Mercato Bellagio
745 Bellevue Ave E
City Market
1722 Bellevue Ave
Scire Design Associates
424 Belmont Ave E
Revival Shop Seattle
233 Broadway E
Panache
225 Broadway E
The New York Xchange
225 Broadway E
Leslie Beans
520 Bellevue Ave E
Analog Coffee
235 Summit Ave E
Starbucks
417 Broadway E
Bauhaus Capitol Hill
515 Harvard Ave E
Emerald City Smoothie
428 Broadway E
Top Pot Doughnuts
609 Summit Ave E
Basecamp Cafe
800 E Thomas St
Stumbling Monk
1635 E Olive Way
Summit Public House
601 Summit Ave E
C C Attle's
1701 E Olive Way
Rose Temple
1801 E Olive Way
Murray's Cheese
417 Broadway E
Hot Cakes-Molten Chocolate Cakery
1650 E Olive Way
Capitol Hill Farmers Market
E Denny Between Broadway & 10th Ave E
Rainbow Natural Health Clinic
409 15th Ave E
Spice Box
1520 Broadway
Thomas Street Park
Tashkent Park
Summit Slope Park
Belmont Place
Broadway Hill Park
B-Side Foods
421 E Thomas St
Kerachi Cowboys
421 E Thomas St
Thomas Market & Deli
233 Summit Ave E
Murray's Cheese
417 Broadway E
Baker's Espresso & Ice Cream
313 E Harrison St
Broadway E & E Harrison St
, , , East Port Orchard, , St Peter Hospital
Broadway E & E Republican St
East Port Orchard, , St Peter Hospital, , ,
Broadway E & E Thomas St
East Port Orchard, , St Peter Hospital, , ,
Broadway E & E John St
, , , East Port Orchard, , St Peter Hospital
E Olive Way & Summit Ave E
, , , Canyon Park - Edmonds College
Westlake Center
Seattle Center - Westlake
Seattle Center
Seattle Center - Westlake
King Street Station
Everett - Seattle, Seattle - Tacoma/Lakewood, Everett - Seattle, Seattle - Tacoma/Lakewood
Capitol Hill
Northgate - Angle Lake, Northgate - Angle Lake
Capitol Hill
Northgate - Angle Lake, Northgate - Angle Lake
Westlake Center
Seattle Monorail, Seattle Monorail
University St
Northgate - Angle Lake, Northgate - Angle Lake
University St
Northgate - Angle Lake, Northgate - Angle Lake
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