Cheap Apartments for Rent in 98116
79 rentals
Use arrow keys to navigatePET FRIENDLY
Use arrow keys to navigatePET FRIENDLY
Use arrow keys to navigateAPPLY INSTANTLYPET FRIENDLY
Use arrow keys to navigatePET FRIENDLY
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,245 - $1,795/mo
Studio-2 Beds
1 Bath4801 Fauntleroy Apartments | 4801 Fauntleroy Way SW #108,
Seattle, WA 98116
Use arrow keys to navigateAPPLY INSTANTLY
Use arrow keys to navigate$1,395 - $1,695/mo1-2 Beds1 BathJunction Court: 4717 44th Ave SW | 4717 44th Ave SW #11561860,
Seattle, WA 98116
PET FRIENDLY
PET FRIENDLY$1,495 - $1,695/mo1-2 Beds1 BathThe Thunderbird Apartments | 4821 Fauntleroy Way SW #18,
Seattle, WA 98116
PET FRIENDLY$1,500 - $1,920/moStudio-1 Bed1 BathJunction Flats and Landing | 4417 42nd Ave SW #315F,
Seattle, WA 98116
PET FRIENDLY
PET FRIENDLY
SPECIAL OFFERPET FRIENDLY
SPECIAL OFFER
PET FRIENDLY- APPLY INSTANTLY
SPECIAL OFFERPET FRIENDLY
SPECIAL OFFERPET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
- APPLY INSTANTLY
PET FRIENDLY
NEW - 2 DAYS AGOPET FRIENDLY
PET FRIENDLY
PET FRIENDLY
NEW - 2 DAYS AGOPET FRIENDLY
SPECIAL OFFERPET FRIENDLY
PET FRIENDLY
PET FRIENDLY$1,795 - $2,295/moStudio-1 Bed1 BathThe West 206 Apartments | 4301 SW College St #110,
Seattle, WA 98116
PET FRIENDLY
PET FRIENDLY
SPECIAL OFFER
PET FRIENDLY
PET FRIENDLY
SPECIAL OFFERPET FRIENDLY
Save Search in 98116
98116Get emails when new homes match this search
Average Rent Trends in 98116
Rent in 98116 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,201 |
| Jul 2025 | $2,241 |
| Aug 2025 | $2,485 |
| Sep 2025 | $2,189 |
| Oct 2025 | $2,340 |
| Nov 2025 | $2,404 |
| Dec 2025 | $2,317 |
| Jan 2026 | $2,177 |
| Feb 2026 | $2,250 |
| Mar 2026 | $2,078 |
| Apr 2026 | $2,009 |
| May 2026 | $1,895 |
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 | $1,850 | $2,919 | $3,700 | $4,995 | $1,895 |
| Townhomes | $3,950 | $3,500 | $5,750 | — | $3,950 |
| Apartments and Condos | $1,625 | $2,695 | — | — | $1,715 |
| Houses | $2,150 | $3,325 | $6,500 | $4,995 | $5,050 |
Frequently Asked Questions about Rentals in 98116
- What is the average rent of an apartment in 98116?The average rent of an apartment in 98116 is $1,795 per month. This is about 7% lower than the national average.
- What is the average rent of a house in 98116?The average rent of a house in 98116 is $5,050 per month. This is about 162% higher than the national average.
- What is the average rent of a townhome in 98116?The average rent of a townhome in 98116 is $3,950 per month. This is about 105% higher than the national average.
- When is the average rent cheapest in 98116?In the last year, the average rent in 98116 was lowest in May 2025 when it was $2,012 per month.
- When is the average rent most expensive in 98116?In the last year, the average rent in 98116 was highest in Aug 2025 when it was $2,485 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 98116?The average rent of a 1 bedroom apartment in 98116 is $1,850 per month. That is about $303 more than the cost of a studio apartment.
- How many available rental listings are in 98116?There are 79 available rental listings in 98116.
- What are some cities near 98116?Some nearby cities include: Seattle, Riverton-Boulevard Park, Burien, Mercer Island, Medina, Bainbridge Island. These cities may have more rental options to explore.