Apartments for Rent in Downtown Bellevue, Bellevue, WA

Downtown Bellevue, Bellevue apartment availability

Downtown Bellevue's rental market offers a very strong selection of listings, with nearly 300 rentals available on average each month. The majority of rentals are 1-bedroom and 2-bedroom apartments, with a smaller number of studios and 3-bedroom apartments. Many of these apartments cater to pet owners, with over 70% allowing pets, including small pets, making this neighborhood a great option for those with furry friends. With its high concentration of rentals, Downtown Bellevue is a popular choice for those looking for a place to call home.

Downtown Bellevue, Bellevue rental market trends

The Downtown Bellevue rental market experienced a modest 2.3% year-over-year increase in 2024, with average monthly rents reaching $2,951. Breaking it down by bed count, 1-bedrooms averaged $2,807 per month, a 7.4% increase from the previous year. Meanwhile, 2-bedrooms and 3-bedrooms saw more modest gains, averaging $3,696 and $5,187 per month, respectively. Studios, on the other hand, experienced a significant 9.8% increase, with average rents reaching $2,155 per month.

The market tends to heat up in the spring, with May typically seeing the highest rents, about 5.6% higher than March, the month with the lowest rents. If you're looking for a new apartment, be prepared for more competition during the spring months. Conversely, if you're flexible with your move-in date, consider searching during the winter or early spring, when prices tend to be lower and the market is less competitive.

Why Downtown Bellevue, Bellevue is a great place to live

Downtown Bellevue stands out as a hub for vibrant social life and fitness enthusiasts. With its excellent transit frequency, safety, well-maintained street infrastructure, and abundance of shared spaces, this neighborhood is perfect for those who value an active social calendar. Residents can easily connect with friends and like-minded individuals in the area's many communal areas.

For fitness enthusiasts, Downtown Bellevue offers a range of amenities, including onsite gym equipment, fitness centers, and health and wellness events. Many apartments also feature windows with natural lighting, soundproofing, and low VOC materials, creating a healthy and peaceful living environment. With its strong focus on well-being and community, Downtown Bellevue is an ideal choice for renters seeking a balanced lifestyle.