Cheap Apartments for Rent in 98004
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1 BathTerrapin - Discover Elevated Living in the Heart of Downtown Bellevue | 290 106th Pl NE #318,
Bellevue, WA 98004
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PET FRIENDLY$1,650 - $2,295/moStudio-2 Beds1 BathThe Meydenbauer | 10022 Meydenbauer Way SE #217,
Bellevue, WA 98004
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$1,765 - $3,100/mo1-3 Beds1-2 BathsThe Commodore Aprartments | 537 Bellevue Way SE #B205,
Bellevue, WA 98004
NEW - 1 DAY AGOPET FRIENDLY$1,780 - $2,200/mo1 Bed1 BathBellevue One Condo Apartments | 11249 NE 36th Pl #6-612,
Bellevue, WA 98004
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SPECIAL OFFERPET FRIENDLY$2,039 - $4,495/moStudio-2 Beds1-2 BathsBorgata Apartment Homes | 37 103rd Ave NE #309,
Bellevue, WA 98004
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SPECIAL OFFERPET FRIENDLY$2,135 - $4,115/moStudio-2 Beds1-2 BathsAvalon Meydenbauer | 10410 NE 2nd St #eadf0365e,
Bellevue, WA 98004
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Average Rent Trends in 98004
Rent in 98004 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Oct 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $3,260 |
| Jul 2025 | $3,248 |
| Aug 2025 | $3,273 |
| Sep 2025 | $3,300 |
| Oct 2025 | $3,440 |
| Nov 2025 | $3,300 |
| Dec 2025 | $3,399 |
| Jan 2026 | $3,300 |
| Feb 2026 | $2,962 |
| Mar 2026 | $2,917 |
| Apr 2026 | $2,906 |
| May 2026 | $2,895 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $2,500 | $3,490 | $4,089 | $6,850 | $2,896 |
| Townhomes | — | $3,595 | $6,300 | — | $3,595 |
| Apartments and Condos | $2,330 | $3,190 | $3,950 | — | $2,600 |
| Houses | $980 | $4,500 | $6,000 | $5,600 | $6,850 |
Frequently Asked Questions about Rentals in 98004
- What is the average rent of an apartment in 98004?The average rent of an apartment in 98004 is $2,622 per month. This is about 36% higher than the national average.
- What is the average rent of a house in 98004?The average rent of a house in 98004 is $6,850 per month. This is about 255% higher than the national average.
- What is the average rent of a townhome in 98004?The average rent of a townhome in 98004 is $3,595 per month. This is about 86% higher than the national average.
- When is the average rent cheapest in 98004?In the last year, the average rent in 98004 was lowest in Jan 2025 when it was $3,076 per month.
- When is the average rent most expensive in 98004?In the last year, the average rent in 98004 was highest in Oct 2025 when it was $3,440 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 98004?The average rent of a 1 bedroom apartment in 98004 is $2,500 per month. That is about $316 more than the cost of a studio apartment.
- How many available rental listings are in 98004?There are 166 available rental listings in 98004.
- What are some cities near 98004?Some nearby cities include: Clyde Hill, Yarrow Point, Hunts Point, Medina, Beaux Arts Village, Bellevue. These cities may have more rental options to explore.