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L&P offers strong overall value with an 8/10 expert rating, highlighted by excellent pricing, a high 97.44th percentile value per square foot, and a detailed, transparent listing. With convenient access to a nearby top-rated high school, popular destinations, and transportation, it provides easy living supported by off-street and garage parking, cat-friendly policies, and a solid mix of on-site amenities.
Things you’ll love
More spaceHigh school nearbyGreat for
Eco living
Social life| STUDIO | Studio | 1 bath | 300 sqft | $1,325 /mo | 1 unit available | Welcome to L & P Apartments in Seattle, WA! Our community offers convenient amenities such as smart-app laundry machines on-site, garage parking, and off-street parking for our residents. Located near the University of Washington, the Ave, and University Village, you'll have easy access to a variety of shops and restaurants. With the bus line and light rail nearby, getting around the city is a breeze. Plus, we are a cat-friendly community, so your furry friends are welcome here. Experience comfortable living at L & P Apartments. | |
| 1BD 1BA | 1 bed | 1 bath | 575 sqft | $1,425 /mo | 1 unit available | Walk to the Burke Museum! | |
| 1 B 1 ba | 1 bed | 1 bath | 650 sqft | $1,475 /mo | 2 units available | Near the heart of the University District! Shops! Restaurants! Movie Theaters! Transit! | |
| 1 BED | 1 bed | 1 bath | 575 sqft | $1,495 /mo | 1 unit available | Welcome to L & P Apartments in Seattle, WA! Our community offers convenient amenities such as smart-app laundry machines on-site, garage parking, and off-street parking for our residents. Located near the University of Washington, the Ave, and University Village, you'll have easy access to a variety of shops and restaurants. With the bus line and light rail nearby, getting around the city is a breeze. Plus, we are a cat-friendly community, so your furry friends are welcome here. Experience comfortable living at L & P Apartments. | |
| 1BDRM | 1 bed | 1 bath | 575 sqft | $1,525 /mo | 1 unit available | Welcome to L & P Apartments in Seattle, WA! Our community offers convenient amenities such as smart-app laundry machines on-site, garage parking, and off-street parking for our residents. Located near the University of Washington, the Ave, and University Village, you'll have easy access to a variety of shops and restaurants. With the bus line and light rail nearby, getting around the city is a breeze. Plus, we are a cat-friendly community, so your furry friends are welcome here. Experience comfortable living at L & P Apartments. |
Let's explore this property.
One-time.
One-time. Refundable.
| Units | 12 |
|---|
Welcome to L & P Apartments in Seattle, WA! Our community offers convenient amenities such as smart-app laundry machines on-site, garage parking, and off-street parking for our residents. Located near the University of Washington, the Ave, and University Village, you'll have easy access to a variety of shops and restaurants. With the bus line and light rail nearby, getting around the city is a breeze. Plus, we are a cat-friendly community, so your furry friends are welcome here. Experience comfortable living at L & P Apartments.
How L&P compares to other nearby properties.
Positives
Considerations
Studio apartments at L&P cost about 11% more than the average rent price for studios in University District.
1-bedroom apartments here are priced 2% higher than 1-bedrooms in University District.
| Month | Median Rent |
|---|---|
| May 2024 | $1,395 |
| 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 | $1,379 |
| April 2026 | $1,373 |
| May 2026 | $1,377 |
| Month | Median Rent |
|---|---|
| May 2024 | $1,578 |
| June 2024 | $1,381 |
| July 2024 | $1,369 |
| August 2024 | $1,365 |
| September 2024 | $1,258 |
| October 2024 | $1,204 |
| November 2024 | $1,226 |
| December 2024 | $1,261 |
| January 2025 | $1,277 |
| February 2025 | $1,294 |
| March 2025 | $1,275 |
| April 2025 | $1,340 |
| May 2025 | $1,358 |
| June 2025 | $1,341 |
| July 2025 | $1,297 |
| August 2025 | $1,294 |
| September 2025 | $1,290 |
| October 2025 | $1,278 |
| November 2025 | $1,254 |
| December 2025 | $1,237 |
| January 2026 | $1,291 |
| February 2026 | $1,264 |
| March 2026 | $1,272 |
| April 2026 | $1,249 |
| May 2026 | $1,199 |
Can I afford to live at 5027 15th Ave Ne?
Bedrooms
Rent-to-income ratio
30%
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11222 11222 - 11244 Greenwood Ave N
1–2 Beds
$1,650–$2,500
University District • 4337 15th Ave Ne
Studio–1 Bed
$1,295–$1,595
Lower Queen Anne • 701 5th Ave N
Studio–2 Beds
$2,392–$3,639
Downtown Bellevue • 11030 Main St
Studio–2 Beds
$1,775–$2,558
Mt. Baker • 3621 33rd Ave S
1–2 Beds
$880–$1,978
Lake City • 12316 28th Ave Ne
1–2 Beds
$1,925–$1,975
South-Lake Union • 219 E Garfield St
Studio–2 Beds
$1,452–$1,735
11222 11222 - 11244 Greenwood Ave N
1–2 Beds
$1,650–$2,500
University District • 4337 15th Ave Ne
Studio–1 Bed
$1,295–$1,595
Lower Queen Anne • 701 5th Ave N
Studio–2 Beds
$2,392–$3,639
Downtown Bellevue • 11030 Main St
Studio–2 Beds
$1,775–$2,558
Mt. Baker • 3621 33rd Ave S
1–2 Beds
$880–$1,978
Lake City • 12316 28th Ave Ne
1–2 Beds
$1,925–$1,975
South-Lake Union • 219 E Garfield St
Studio–2 Beds
$1,452–$1,735
