Median rent for residential apartments in Redmond, WA as of Dec, 2022.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
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44 Redmond, WA, USA apartments for rent
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Redmond
Redmond, WA has a population of 60,712, while the median age is 34. The household income in Redmond, WA is around $115,300. The homeownership rate among the residents is 51%. The median residential property value in Redmond, WA that you should keep in mind is $579,400.
| Population | 60,712 |
| Median Age | 34.4 |
| Poverty Rate | 6% |
| Household Income | $115,300 |
| Number Of Employees | 32,947 |
| Median Property Value | $579,400 |
Housing Trends
Rent vs Own
How much is an apartment in Redmond, WA, USA
Average apartment rent in Redmond: $3,835 (+26.1%)
| Rent Price | Dec | vs Last Month |
|---|---|---|
| Studio apartments | $1,824 | -19.6% |
| 1-bed apartments | $2,283 | +2.3% |
| 2-bed apartments | $2,988 | +7.9% |
| 3-bed apartments | $3,901 | +25.1% |
| 4+ bed apartments | $17,500 | +30.5% |
Over the Dec 2022, the average rent for an apartment in/near Redmond, WA increased by 26.1% to $3,835.
Compared to the last month, the average price for a rental studio in Redmond, WA has decreased by 19.6%. You can expect to rent the studio for $1,824 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment increased by 2.3% to $2,283. Pricing for 2-bed apartment also increased by 7.9% and a place of this size will now cost you $2,988. 3-bed apartment rent pricing starts at $3,901, it increased by 25.1% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 30.5% and made it up to $17,500.
| Rent Type Price | Dec | vs Last Month |
|---|---|---|
| Apartments for rent | $2,522 | +3% |
| Houses for rent | $2,100 | -27% |
| Townhouses for rent | $17,500 | +0% |
| Rooms for rent | $1,600 | N/A |
The median rent for an apartment in Redmond, WA increased by 3% to $2,522. Statistics show that house rent price decreased by 27% this month making it up to $2,100. If you’re looking for a room, the price tag still starts at $1,600. The median price did not change this time. Townhouse rent pricing didn’t change, the price still starts at $17,500.
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