Apartments for Rent in Lake City, Seattle, WA

Lake City, Seattle apartment availability

Lake City's rental market offers a very strong selection of listings, with an average of 262 rentals available each month in 2024. The neighborhood's inventory is diverse, featuring a mix of 1-bedroom, 2-bedroom, and studio apartments, as well as some 3-bedroom options. Many of these apartments cater to pet owners, with over 53% allowing small pets or having pet-friendly policies with some restrictions. This makes Lake City an attractive option for renters with furry friends. With its varied housing stock and accommodating amenities, Lake City is a popular choice among Seattle renters.

Lake City, Seattle rental market trends

Lake City, Seattle's rental market is experiencing a slight decline in average rent prices, with a year-over-year decrease of 1% to $1,679.80 per month in 2024. The trend varies by bed count, with 1-bedrooms seeing a modest 0.17% increase to $1,573.84, and 2-bedrooms experiencing a 0.52% rise to $1,914.55. In contrast, studio apartments have seen a significant 13.52% decrease to $1,284.47.

March is the most expensive month to rent in Lake City, with prices 4.51% higher than in July, the least expensive month. Renters looking for a deal may want to consider searching during the summer months when prices tend to be lower. Overall, Lake City's rental market is relatively stable, with minor fluctuations in rent prices across different bed counts and months.

Why Lake City, Seattle is a great place to live

Lake City is a top choice for renters prioritizing environmental sustainability and social living. The neighborhood's focus on eco-friendliness is reflected in its use of sustainable materials in construction, waste recycling and composting programs, and community solar projects. Additionally, the presence of parks and recreation areas, rainwater harvesting systems, and low-flow fixtures contribute to a reduced carbon footprint. Lake City's social scene is also thriving, thanks to its walkable streets, frequent transit options, and diverse neighborhood age distribution, making it easy to get around and connect with others. With a strong emphasis on safety, Lake City offers a well-rounded lifestyle for those seeking a community that values both people and the planet.