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The Palms Apartments offer a strong appeal with a Zumper expert rating of 8.9, highlighting its competitive pricing, exceptional amenities, and prime location, each rated at 9 out of 10. Notable features include in-unit laundry, stainless steel appliances, panoramic views, and a community outdoor space with a fire pit and BBQ facilities. Additionally, its transparency in listings and pet-friendly environment enhance its attractiveness to potential renters.
Things you’ll love
Elementary school nearbyDishwasherImages AvailableGreat for
Pet owners| 1 Bed | 1 Bath | 420 sq ft | Renovated | 1 bed | 1 bath | 420 sqft | $1,850 /mo | 1 unit available | Live smart at The Palms in this inviting 1-bedroom residence. Enjoy the convenience of in-unit laundry, stainless steel appliances, and a thoughtfully designed layout with hardwood laminate flooring. The courtyard offers a serene escape, complete with BBQ, and lounge seating for laid-back weekends or evenings under the stars. Located in Eastlake, just two blocks from the Lake Union waterfront and Gas Works Park, the neighborhood is bursting with activity. Whether you're working downtown, studying at UW, or spending the day lakeside, easy transit and a pet-friendly community make The Palms a place you'll love to call home. *Photos used are meant to depict unit finishes and may not be of actual unit. Move-in costs: Full first month of rent Refundable security deposit $50 Screening fee per adult applicant Utilities Tenant Responsible for W/S/G – $65 Flat Fee (plus $35 for each additional occupant) Electricity Billed through SCL – Based on Usage Pets Policty $500 Additional Deposit (Breed & Weight Restrictions Apply) ESA & Service Animals Ok w/ Documentation Make The Palms your new rental home! To schedule your tour, call us at: 425-293-9653 Or by email, at: **** Applications are available online and accepted on a first-come, first-serve basis. Applicants are screened for a credit score of 650 or higher, with minimal negative reporting, positive rental history, and a collective income of 3X the monthly rent. Consider this statement as notification that we do not accept a comprehensive reusable tenant screening report, as defined by RCW 59.18.257. This property is professionally managed by AGM Real Estate Group LLC. | |
| 1 Bed | 1 Bath | 420 sq ft | 1 bed | 1 bath | 420 sqft | $1,895 /mo | 1 unit available | Step into a freshly renovated 1BR at The Palms, nestled in Eastlake’s coveted corridor. Gleaming stainless steel appliances, modern flooring, and in-unit laundry combine to create a sleek living environment. Top that off with direct access to a charming courtyard, complete with BBQ, perfect for relaxed evenings or weekend gatherings. Situated just two blocks from Lake Union, you'll be moments away from serene afternoons at Gas Works Park. Commute downtown or to UW via frequent bus routes, or walk to local cafés, boutiques, and waterfront dining. Experience the perfect blend of city connectivity and neighborhood calm at The Palms. “Pricing and availability are subject to change without notice. Photos are for illustrative purposes to show unit finishes and may not depict the exact unit available.” Move-in costs: Full first month of rent Refundable security deposit $50 Screening fee per adult applicant Utilities Tenant Responsible for W/S/G – $65 Flat Fee (plus $35 for each additional occupant) Electricity Billed through SCL – Based on Usage Pets Policty $500 Additional Deposit (Breed & Weight Restrictions Apply) ESA & Service Animals Ok w/ Documentation Make The Palms your new rental home! To schedule your tour, call us at: 425-293-9653 Or by email, at: **** Applications are available online and accepted on a first-come, first-serve basis. Applicants are screened for a credit score of 650 or higher, with minimal negative reporting, positive rental history, and a collective income of 3X the monthly rent. Consider this statement as notification that we do not accept a comprehensive reusable tenant screening report, as defined by RCW 59.18.257. This property is professionally managed by AGM Real Estate Group LLC. |
Let's explore this property.
Apartment Amenities
| Butcher Block Counter | Hardwood Floor |
| Hardwood Laminate Flooring | Modern Finishes |
| Recently Renovated |
Appliances
| Dishwasher | In-Unit Laundry |
| Stainless Steel Appliances | Stainless Steel Built-In Microwave |
| Stainless Steel Dishwasher | Stainless Steel Oven & Range |
| Stainless Steel Refrigerator & Freezer |
Building
| Cats OK | Dogs OK |
| Onsite Laundry | Water Views |
Grounds
| Outdoor Space |
Services
| On-Site Management | Online Tenant Portal |
| Professionally Managed | Water Sewage & Garbage |
Neighborhood
| Close to Transit |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Units | 26 |
|---|
The Palms Apartments are located in the desirable Eastlake neighborhood, just two blocks from Lake Union with ample public beach access and minutes from Gas Works Park. We are within walking distance to various parks, shops, restaurants, and more! Conveniently located near the bus line, offering quick access to Downtown, Capitol Hill, U-District, and the Eastside. Our property boasts its well-maintained, center courtyard with a communal lounge area, fire pit, game area & resident barbecue station. Laundry facilities are available onsite and we are pet friendly! Enjoy the panoramic views of Lake Union from the center courtyard or shared balconies. All residents can easily access lease documents, report maintenance issues, and pay rent right from their phone or desktop via the user-friendly tenant portal. “Pricing and availability are subject to change without notice. Photos are for illustrative purposes to show unit finishes and may not depict the exact unit available.” Move-in costs: First Full Months Rent (30 days) $1,000 Refundable Security Deposit $50 Application Fee (per adult) Utilities W/SG - $65 for First Occupant ($35 for each additional occupant) Electricity Billed through SCL – Based on Usage Pets Policy $500 Additional Deposit Cats & Dogs Ok (Limit 2, Breed & Weight Restrictions Apply) ESA & Service Animals Ok w/ Documentation Make The Palms your new rental home! To schedule your tour, call us at: 425-293-9653 Or by email, at: **** Applications are available online and accepted on a first-come, first-serve basis. Applicants are screened for a credit score of 650 or higher, with minimal negative reporting, positive rental history, and a collective income of 3X the monthly rent. Consider this statement as notification that we do not accept a comprehensive reusable tenant screening report, as defined by RCW 59.18.257. This property is professionally managed by AGM Real Estate Group, LLC.
How The Palms Apartments | 1 MONTH FREE! compares to other nearby properties.
Positives
Considerations
1-bedroom apartments here are priced 1% lower than 1-bedrooms in Eastlake.
| Month | Median Rent |
|---|---|
| December 2023 | $1,395 |
| January 2024 | $1,395 |
| February 2024 | $1,381 |
| March 2024 | $1,393 |
| 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 | $1,384 |
| Month | Median Rent |
|---|---|
| December 2023 | $1,244 |
| January 2024 | $1,323 |
| February 2024 | $1,325 |
| March 2024 | $1,274 |
| April 2024 | $1,443 |
| May 2024 | $1,394 |
| June 2024 | $1,301 |
| July 2024 | $1,675 |
| August 2024 | $1,651 |
| September 2024 | $1,662 |
| October 2024 | $1,320 |
| November 2024 | $1,228 |
| December 2024 | $1,232 |
| January 2025 | $1,244 |
| February 2025 | $1,292 |
| March 2025 | $1,229 |
| April 2025 | $1,166 |
| May 2025 | $1,279 |
| June 2025 | $1,210 |
| July 2025 | $1,206 |
| August 2025 | $1,234 |
| September 2025 | $1,168 |
| October 2025 | $1,152 |
| November 2025 | $1,135 |
| December 2025 | $1,125 |
Can I afford to live at 2712 Franklin Ave E?
Bedrooms
1 bedroomRent-to-income ratio
30%
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Studio–1 Bed
$1,455–$1,975
Lower Queen Anne • 701 5th Avenue North
Studio–1 Bed
$1,999–$2,507
Roxhill • 7524 35th Avenue Southwest
1–2 Beds
$1,799–$2,599
Downtown Bellevue • 11030 Main Street
Studio–1 Bed
$1,615–$2,076
Lake City • 3215 Northeast 143rd Street
Studio–2 Beds
$1,499–$2,199
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$1,499–$2,305
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$1,695–$2,429
