Zumper
modified
Updated 5+ Days Ago

Highlights

  • Balcony
  • Off street parking
  • Laundry room in building
  • Lots of storage
  • Bike room
  • Good size rooms

Location

5520 15th Ave Ne, Seattle, WA 98105, USA|University District
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Contact

Management

Seattle Management Services

Leasing office

(425) 307-4281 ext. 2

Property Overview

Fairlane Apartments (5520) offers strong value and convenience, with an overall expert rating of 8.3 out of 10, a perfect price score, and a high location score that reflects easy access to nearby points of interest and transportation. It features balcony, off street parking, an in-building laundry room, lots of storage, a bike room, and good size rooms, with value for money ranking in the 77.78 percentile and a nearby top rated high school just over half a mile away.

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

8.3
Very Good
With a solid 8.3 out of 10 overall, Fairlane Apartments (5520) is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Fairlane Apartments (5520) has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • High school nearby
  • Less expensive

Great for

  • Social life

Floor plans

3BR/1.0BA3 bed1 bath$2,250 /mo1 unit availableFairlane Apartments 5520 15th Ave NE Rent: $2250 Utilities & Electricity: Metered and Billed Separately Lease: September 1st 2026- August 31st 2027. *In Person Tours, Live Video Tours, or Video Tours available 3 Bedrooms 1 Bathroom Balcony Laundry Room in Building Located in Small Quiet Building Lots of Storage Good Size Rooms Secured Entry Bike Room Off Street Parking Available for $50 per month Deposit: $1200 Refundable Call, Text, or Email for More Information or to Schedule a Tour Rachelle 206-715-7561

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Policies and fees

Applicants

Applicants

One-time.

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REQUIRED FEES

Security Deposit

One-time. Refundable.

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Building details

Property details

Units12
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About Fairlane Apartments (5520)

HomeApartments in SeattleUniversity District Fairlane Apartments (5520)

Fairlane Apartments 5520 15th Ave NE Rent: $2250 Utilities & Electricity: Metered and Billed Separately Lease: September 1st 2026- August 31st 2027. *In Person Tours, Live Video Tours, or Video Tours available 3 Bedrooms 1 Bathroom Balcony Laundry Room in Building Located in Small Quiet Building Lots of Storage Good Size Rooms Secured Entry Bike Room Off Street Parking Available for $50 per month Deposit: $1200 Refundable Call, Text, or Email for More Information or to Schedule a Tour Rachelle 206-715-7561


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 Good
With a solid 8.3 out of 10 overall, Fairlane Apartments (5520) is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Fairlane Apartments (5520) has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Fairlane Apartments (5520)
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.
Fairlane Apartments (5520) 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·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, Fairlane Apartments (5520) 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.
Fairlane Apartments (5520) 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·6A 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 Fairlane Apartments (5520) does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
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.
Fairlane Apartments (5520) 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.

Fairlane Apartments (5520) is great for:

Social life

  • Areas nearby are accessible by walking
  • The area has transit options
  • A bustling neighborhood
  • 308 restaurants within 1 mile of this property

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 Fairlane Apartments (5520) compares to other nearby properties.

Positives

High school nearby
There is a high school 1 mile away
Less expensive
The 3-bedrooms are cheaper than other similar listings nearby

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Rent trends in University District

3-bedroom apartments at Fairlane Apartments (5520) cost about 13% less than the average rent price for 3-bedroom apartments in University District.

Median rents as of Sep 12 2026.
University District
Seattle
A table of studio rental data trends in Seattle
MonthMedian Rent
September 2024$1,395
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$1,384
June 2026$1,375
July 2026$1,367
August 2026$1,373
September 2026$1,395
A table of studio rental data trends in University District
MonthMedian Rent
September 2024$1,245
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$1,229
June 2026$1,250
July 2026$1,203
August 2026$1,206
September 2026$1,206

Affordability calculator

Can I afford to live at 5520 15th Ave Ne?

Bedrooms

3 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

$90,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $90,000 annually to afford this 3-bedrooms monthly rent price of $2,250.
For more information on rent affordability, visit our rent calculator.

Schools near Fairlane Apartments (5520)

McDonald International Elementary School

144 ne 54th st

seattle, WA, 98105

K-5Public
A

Laurelhurst Elementary School

4530 46 av ne

seattle, WA, 98105

K-5Public
A-

Thornton Creek School

7712 40th ave ne

seattle, WA, 98115

PK, K-5Public
A-

Decatur Elementary School

7711 43rd ave ne

seattle, WA, 98115

K-5Public
A

TOPS K-8

2500 franklin av e

seattle, WA, 98102

PK, K-8Public
A-
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Internet available near Fairlane Apartments (5520)

Neighborhood

University District | Seattle, WA

NEIGHBORHOOD VIBE
Green oasis
A botanical paradise blooming with foliage.

Getting around Seattle near 5520 15th Ave Ne

Walking

9/10
No car? No problem. Everything you need is within a few blocks.

Driving

6/10
This area is accessible to thoroughfares and has ample parking options.

Cycling

9/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

7/10
Popular public transit options are just a short walk from this location.

Points of interest for 5520 15th Ave Ne, Seattle

Groceries

9/10
Exceptional variety of groceries within a few minutes' walk

Shopping

8/10
Wide variety of shops within a few minutes' walk

Cafes

10/10
Exceptional variety of cafés within a few minutes’ walk

Restaurants

9/10
Wide variety of restaurants within a few minutes’ walk

Primary schools

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

High schools

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

Parks

10/10
Exceptionally large amount of park space within a few minutes’ walk

Nightlife

8/10
Wide variety of bars within a few minutes' walk

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