Zumper
modified
5 Hours Ago

Highlights

  • Pet Friendly
  • 24-hour fitness center
  • In-home washer and dryer
  • Hard surface flooring
  • Over-sized closets
  • High-end kitchens

Location

16175 Cleveland Street, Redmond, Washington 98052, United States|Downtown Redmond
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Management

Equity Residential

Our team has verified this company

Leasing office

(425) 654-8358

Open 

Thursday 10:00 am–6:00 pm PT

Property Overview

Old Town Lofts is highly rated with a Zumper score of 9.9, offering exceptional amenities and an unbeatable location, all reflecting in its perfect price and quality ratings. The property features modern conveniences like a 24-hour fitness center and in-home washer/dryer, while its community-oriented design promotes both social interaction and remote work capabilities. Located just minutes from top-rated schools and numerous dining options, it ranks favorably for value, making it an attractive choice for prospective renters.

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.

Zumper Expert Rating

9.9
Excellent
With an impressive overall rating of 9.9 out of 10, Old Town Lofts is one of the top properties in Downtown Redmond. It stands out for Price, Amenities, and Location, so residents can expect their monthly rent payments to give them elevated features, an exceptional standard of living, and a phenomenal experience.

Things you’ll love

  • Less expensive
  • Elementary school nearby
  • More space

Great for

  • Work-from-home
  • Social life
  • Pet owners

Floor plans

S2Studio1 bath569 sqft$1,664 /mo1 unit available
S3Studio1 bath577 sqft$1,715 /mo1 unit available
S71 bed1 bath644 sqft$1,877–$2,055 /mo3 units available
B32 bed2 bath1,235 sqft$3,439 /mo1 unit available

Let's explore this property.

Amenities for Old Town Lofts

Apartment Amenities

BalconyCarpet
DryerPrivate Balcony
Private PatioWalk-in Closet

Appliances

DishwasherIn-Unit Laundry
MicrowaveRefrigerator

Tech

High-Speed Internet

Building

Cats OKClubhouse
Controlled AccessDogs OK
ElevatorFitness Center
Free WeightsResidents Lounge
TV Lounge

Grounds

Assigned ParkingGarage Parking
GateOutdoor Space
Storage

Services

Night PatrolOn-Site Maintenance
On-Site ManagementPackage Service

Other

Short Term Lease
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Application Fee

One-time. Agent application fee.

Contact Property

REQUIRED FEES

Security Deposit

One-time.

$500

OPTIONAL FEES

Parking Policy

Garage Parking

Dog Policy

Allowed
Limit3

Cat Policy

Allowed
Limit3

Cat

Pet Rent

Monthly. 3 cats max.

$50

Pet Fee

One-time fee per pet.

$0

Pet Deposit

One-time deposit per pet.

$0

Dog

Pet Rent

Monthly. 3 dogs max.

$50

Pet Fee

One-time fee per pet.

$0

Pet Deposit

One-time deposit per pet.

$0

Questions about this property’s policies and fees?

Building details

Property details

Units149
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About Old Town Lofts

HomeApartments in RedmondDowntown Redmond Old Town Lofts

Located in Redmond, WA, Old Town Lofts is a vibrant and stylish community. These apartments feature high-end kitchens, over-sized closets, in-home washer and dryer, and hard surface flooring. Enjoy a workout in our 24-hour fitness center or relax in our resident clubhouse.


Go to property website

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.
9.9
/10
Excellent
With an impressive overall rating of 9.9 out of 10, Old Town Lofts is one of the top properties in Downtown Redmond. It stands out for Price, Amenities, and Location, so residents can expect their monthly rent payments to give them elevated features, an exceptional standard of living, and a phenomenal experience.
How we rated Old Town Lofts
Price·10A 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.
Old Town Lofts offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A 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.
Old Town Lofts stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·10A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Old Town Lofts offers residents unparalleled convenience to popular points of interest, transportation, schools, and more, which provide an elevated quality of life. Communication with management is usually quick and easy, allowing for a more expedited application and renting process, saving you time and money.
Quality·10A 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.
Old Town Lofts has notable characteristics that give it an edge. It is a verified property that stands out from others nearby as an exceptional choice for renters looking for a specific lifestyle. Offering a combination of prestige, modernity, and tailored living experiences, residents can expect nothing short of excellence at Old Town Lofts.
Trustworthiness·9A 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.
Old Town Lofts has gone above and beyond to craft a useful, detailed description, demonstrating transparency and trustworthiness, and giving renters a clear picture of what to expect from the property and its management, so they can make an informed decision about whether the rental meets their needs.

Old Town Lofts is great for:

Work-from-home

  • High speed internet is an amenity
  • Common areas for meetings or remote work
  • 2 coworking spaces or cafes within 1 mile
  • 2 office supply stores within 1 mile

Social life

  • Community gathering spaces on-site (lounges, rooftops, etc.)
  • A bustling neighborhood
  • 190 restaurants within 1 mile of this property
  • This community has public spaces on site, like fitness centers or pools

Pet owners

  • Outdoor spaces are available at this property
  • 8 pet grooming services nearby
  • 16 pet supply stores near the property
  • 7 pet hospitals in the area

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 Old Town Lofts compares to other nearby properties.

Positives

Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
Elementary school nearby
There is an elementary school 0.2 mile away
More space
The 2-bedroom is 208 sqft larger than other listings nearby
Elevator
Improved accessibility features
Images Available
There are at least 10 photos of this address
Outdoor space
Easy access to the outdoors
Package service
More secure storage for delivery
Walk-in closet
More closet space on average

Considerations

Greater distance from high schools
The nearest high school is farther than 1 mile away

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Rent trends in Downtown Redmond

Studio apartments at Old Town Lofts cost about 2% less than the average rent price for studios in Downtown Redmond.

1-bedroom apartments here are priced 12% lower than 1-bedrooms in Downtown Redmond.

If you decide to upgrade your space, you can expect 2-bedrooms at Old Town Lofts to be 24% more than the average for similarly sized apartments in Downtown Redmond.

Median rents as of Nov 29 2025.
Downtown Redmond
Redmond
A table of studio rental data trends in Redmond
MonthMedian Rent
December 2023$1,858
January 2024$1,843
February 2024$1,865
March 2024$1,871
April 2024$1,932
May 2024$2,002
June 2024$2,019
July 2024$2,002
August 2024$1,985
September 2024$1,940
October 2024$1,901
November 2024$1,881
December 2024$1,907
January 2025$1,939
February 2025$1,930
March 2025$1,907
April 2025$1,939
May 2025$1,964
June 2025$1,963
July 2025$1,957
August 2025$1,934
September 2025$1,925
October 2025$1,923
November 2025$1,877
A table of studio rental data trends in Downtown Redmond
MonthMedian Rent
December 2023$1,826
January 2024$1,810
February 2024$1,737
March 2024$1,833
April 2024$1,872
May 2024$1,965
June 2024$1,962
July 2024$1,841
August 2024$1,820
September 2024$1,837
October 2024$1,827
November 2024$1,765
December 2024$1,806
January 2025$1,838
February 2025$1,875
March 2025$1,807
April 2025$1,866
May 2025$1,916
June 2025$1,897
July 2025$1,893
August 2025$1,855
September 2025$1,856
October 2025$1,795
November 2025$1,745

Affordability calculator

Can I afford to live at 16175 Cleveland Street?

Bedrooms

Rent-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

$67,580/yr

With your selected rent-to-income ratio, you'd ideally want to make $67,580 annually to afford this studio median monthly rent price of $1,689.
For more information on rent affordability, visit our rent calculator.

Schools near Old Town Lofts

Contractual Schools

16250 ne 74th st

redmond, WA, 98052

PK, K-12Public

Redmond Elementary School

16800 ne 80th

redmond, WA, 98052

K-5Public
A
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Internet available near Old Town Lofts

Getting around Redmond near 16175 Cleveland Street

Walking

8/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Transit

5/10
Frequent public transit options are within walking distance.

Points of interest for 16175 Cleveland Street, Redmond

Groceries

9/10
At least one grocery store within a few minutes' walk

Shopping

6/10
Variety of shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

7/10
Variety of restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

9/10
At least one high school within a 10-minute walk

Parks

10/10
Very large amount of park space within a few minutes' walk

Nightlife

4/10
Few or no bars within walking distance

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