Median rent for residential apartments in Redmond, WA as of Jan, 2023.
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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65 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: $3,846 (+0.3%)
| Rent Price | Jan | vs Last Month |
|---|---|---|
| Studio apartments | $2,053 | +12.6% |
| 1-bed apartments | $2,200 | -3.6% |
| 2-bed apartments | $3,152 | +5.5% |
| 3-bed apartments | $3,385 | -13.2% |
| 4+ bed apartments | $15,082 | -13.8% |
Over the Jan 2023, the average rent for an apartment in/near Redmond, WA increased by 0.3% to $3,846.
Compared to the last month, the average price for a rental studio in Redmond, WA has increased by 12.6%. You can expect to rent the studio for $2,053 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 3.6% to $2,200. Pricing for 2-bed apartment also increased by 5.5% and a place of this size will now cost you $3,152. 3-bed apartment rent pricing starts at $3,385, it decreased by 13.2% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 13.8% and made it down to $15,082.
| Rent Type Price | Jan | vs Last Month |
|---|---|---|
| Rooms for rent | $1,450 | -9.4% |
| Apartments for rent | $2,414 | -4.3% |
| Townhouses for rent | $17,500 | +0% |
The median rent for an apartment in Redmond, WA decreased by 4.3% to $2,414. The median rent for a house is still $2,100 with no significant changes this month. An average room will now go for $1,450, the median rent price for a room decreased by 9.4%. Townhouse rent pricing didn’t change, the price still starts at $17,500.
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