Apartments in 98040

25 rentals

Apartments For Rent Near 98040

We found 30 more apartments matching your filters just outside 98040

Average Rent Trends in 98040

Rent in 98040 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment stayed about the same in Sep 2026 compared to the previous month. Rent for apartments peaked in Aug 2025.
MonthAverage rent
Oct 2025$2,486
Nov 2025$2,589
Dec 2025$2,576
Jan 2026$2,517
Feb 2026$2,432
Mar 2026$2,440
Apr 2026$2,580
May 2026$2,565
Jun 2026$2,578
Jul 2026$2,521
Aug 2026$2,734
Sep 2026$2,729
View as a graph

Average Rent By Bedroom and Home Type

In September 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$2,350$3,250$3,500$6,500$3,900
Townhomes—$4,500$5,800—$4,500
Apartments and Condos$2,350$3,100$3,250—$2,995
Houses$2,275$2,700$1,100$6,500$6,500

Frequently Asked Questions about Apartments and Condos for rent in 98040

  • What is the average rent of an apartment in 98040?
    The average rent of an apartment in 98040 is $2,736 per month. This is about 40% higher than the national average.
  • When is the average rent for an apartment cheapest in 98040?
    In the last year, the average rent in 98040 was lowest in Jan 2025 when it was $2,439 per month.
  • When is the average rent for an apartment most expensive in 98040?
    In the last year, the average rent in 98040 was highest in Aug 2025 when it was $2,784 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 98040?
    The average rent of a 1 bedroom apartment in 98040 is $2,455 per month. That is about $245 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 98040?
    There are 26 available apartments or condos to rent in 98040.
  • What are some cities near 98040?
    Some nearby cities include: Mercer Island, Beaux Arts Village, Newcastle, Medina, Bellevue, Clyde Hill. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos en 98040 - 1,005 Apartamentos | Trulia