Apartments for Rent in Eastlake, Seattle, WA

Eastlake, Seattle apartment availability

Eastlake's rental market offers a good selection of listings, with an average of 108 rentals available each month in 2024. The neighborhood's inventory is diverse, featuring a mix of studio, 1-bedroom, 2-bedroom, and 3-bedroom apartments. Studios and 1-bedroom apartments are the most common, making up a significant portion of the neighborhood's listings. Many Eastlake apartments cater to pet owners, with about 74% allowing small pets or having pet-friendly policies with some restrictions. This makes Eastlake a great option for renters with furry friends.

Eastlake, Seattle rental market trends

The Eastlake neighborhood in Seattle saw a modest 1.8% increase in average monthly rent last year, reaching $1,928. Broken down by bed count, 1-bedrooms average $1,935 per month, a 7.8% increase from the previous year. The average rent for a 2-bedroom is around $2,818, with a notable 16.7% year-over-year increase. Studios, on the other hand, average $1,350 per month, with a slight 1.1% decrease.

Summer months tend to see higher demand and prices in Eastlake, with July typically experiencing the highest rent, 19.2% higher than April, the month with the lowest rent. If you're searching for a new apartment, be prepared for more competition during the summer. Conversely, if you're looking to save, consider searching in April when prices are lower. Keep in mind that the rental market can fluctuate, and it's essential to stay informed to find the best fit for your needs and budget.

Why Eastlake, Seattle is a great place to live

Eastlake stands out as a haven for those prioritizing environmental sustainability and a vibrant social life. The neighborhood's focus on eco-friendly living is evident in its widespread use of non-toxic paint, waste recycling and composting programs, and energy-efficient appliances. The area's commitment to sustainability is further enhanced by community solar projects, rainwater harvesting, and the incorporation of sustainable materials in construction. With an excellent walk score and access to parks and recreation, Eastlake makes it easy to live a greener lifestyle. Additionally, the neighborhood's social scene thrives due to its walkability, diverse age distribution, frequent transit options, well-maintained street infrastructure, and emphasis on safety. For those seeking a community that shares their values on sustainability and social connection, Eastlake is an ideal choice.