Zumper
modified
Updated 2 Days Ago

Highlights

  • Controlled access
  • On-site laundry facilities
  • Shared laundry room
  • Extra storage spaces available
  • Garage parking available

Location

400 W Mercer St, Seattle, WA 98119, USA|Lower Queen Anne
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Contact

Management

Franconia

Leasing office

(310) 463-2140

Property Overview

Franconia Apartments earns a strong overall impression with a high Zumper Expert Rating, combining excellent value, standout amenities, and a convenient location. Notable features include controlled access, on-site and shared laundry, extra storage, and available garage parking, while the pros point to a well-rounded rental option with dependable quality and transparency.

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

8.8
Very Good
With a solid 8.8 out of 10 overall, Franconia Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Franconia Apartments 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
  • Laundry available on site

Great for

  • Work-from-home

Floor plans

0BR/1.0BAStudio1 bath450 sqft$1,495 /mo1 unit availableProperty Information: The Franconia is located in the heart of lower Queen Anne just a few blocks from Queen Anne Ave. This is within walking distance of cafes, restaurants, the Seattle Center, bus lines, shopping and much more. It is a beautiful old world building that has been kept in mint condition. You will absolutely love the Art Deco charm and unique style this property has to offer. Neighborhood: Lower Queen Anne Address: 400 W Mercer St Bedrooms/Baths: Living with Kitchen, Dining and 1 bath Parking: $175 monthly fee for secure, covered off-street parking, if available. Fees: $49 Application Fee per person: www cornellandassociates com legal-disclosure Deposit: $700 Security Deposit Utility Fee: $85 ( Heat, Water, Sewer, Garbage ) Lease: 1-Year Lease Pets: **No pets allowed.** Description: Spacious Studio on the 2nd floor in a classic well maintained brick building. Quiet, secure building with textured walls and ceilings, new double pane windows, new carpet, huge walk in closet, free extra storage upon request. Located on major bus lines, Seattle Center, Kinnear park, amazing dining, grocery stores, close to the water front. Shared laundry room in building. 3 washers $1.50 per wash 3 Dryers $1.50 per wash. They are all coin operated and there’s a change machine in the laundry room.

Let's explore this property.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

Building details

Property details

Units38
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About Franconia Apartments

HomeApartments in SeattleLower Queen Anne Franconia Apartments

W Mercer, Seattle, WA 98119 Neighborhood: Queen Anne Manager: (310) 463-2140 | **** The Franconia is located in the heart of Lower Queen Anne, just a few blocks from Queen Anne Ave. Centrally located within walking distance of cafes, restaurants, the Seattle Center, bus lines, shopping, and much more. Franconia is a beautiful old world-building maintained and in mint condition. You will absolutely love the Art Deco charm and unique style this property has to offer. On-Site Laundry Facilities Garage Parking Available Extra Storage Spaces Available Near Public Transportation Controlled Access No Pets Walk Score 88


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.
8.8
/10
Very Good
With a solid 8.8 out of 10 overall, Franconia Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Franconia Apartments 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 Franconia Apartments
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.
Franconia Apartments 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·9A 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.
Franconia Apartments goes above and beyond to provide sought-after conveniences and desirable perks, including building or unit level amenities. Renters looking for popular or luxurious features will find them here—and for that reason, Franconia Apartments receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Franconia Apartments 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 Franconia Apartments to provide reasonable accomodations and accurate details about its community.
Trustworthiness·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Franconia Apartments is great for:

Work-from-home

  • Large windows for natural lighting
  • Utilities included in the rent
  • 5 office supply stores within 1 mile
  • 8 coworking spaces or cafes within 1 mile

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 Franconia Apartments compares to other nearby properties.

Positives

High school nearby
There is a high school 1 mile away
Laundry available on site
Washers and dryers are available in-building or in-unit

Considerations

Greater distance from middle schools
The nearest middle school is farther than 2 miles away
Lacks images
Fewer than 10 photos available for this location

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Rent trends in Lower Queen Anne

studio apartments at Franconia Apartments cost about 3% less than the average rent price for studio apartments in Lower Queen Anne.

Median rents as of Aug 29 2026.
Lower Queen Anne
Seattle
A table of studio rental data trends in Seattle
MonthMedian Rent
September 2024$1,397
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
A table of studio rental data trends in Lower Queen Anne
MonthMedian Rent
September 2024$1,407
October 2024$1,485
November 2024$1,496
December 2024$1,525
January 2025$1,539
February 2025$1,514
March 2025$1,530
April 2025$1,547
May 2025$1,555
June 2025$1,580
July 2025$1,534
August 2025$1,513
September 2025$1,506
October 2025$1,516
November 2025$1,497
December 2025$1,500
January 2026$1,503
February 2026$1,526
March 2026$1,553
April 2026$1,499
May 2026$1,504
June 2026$1,604
July 2026$1,554
August 2026$1,517

Affordability calculator

Can I afford to live at 400 W Mercer St?

Bedrooms

Studio

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

$59,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $59,800 annually to afford this studio monthly rent price of $1,495.
For more information on rent affordability, visit our rent calculator.

Schools near Franconia Apartments

John Hay Elementary School

201 garfield st

seattle, WA, 98109

K-5Public
A

Private School Services

2445 3rd av

seattle, WA, 98124

PK, K-12Public

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-

Magnolia Elementary School

2418 24th ave w

seattle, WA, 98199

K-5Public
B+
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Internet available near Franconia Apartments

Getting around Seattle near 400 W Mercer St

Walking

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

Driving

5/10
This area is accessible to thoroughfares and has ample parking options.

Cycling

6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 400 W Mercer St, Seattle

Groceries

9/10
At least one supermarket within a 10-minute walk

Shopping

7/10
Several shops within a few minutes’ walk

Cafes

7/10
Several cafés within a few minutes’ walk

Restaurants

8/10
Wide variety of restaurants within a few minutes’ walk

Primary schools

6/10
At least one elementary school within a 15-minute walk

High schools

7/10
At least one high school within a 15-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

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

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