All 24 neighborhoods in Seattle ranked by cost of living index. Updated 2026.
| # | Neighborhood | 1BR Rent | Index | vs Avg |
|---|---|---|---|---|
| 1 | Rainier Valley | $1,716/mo | 0.78x | -22% |
| 2 | Georgetown | $1,804/mo | 0.82x | -18% |
| 3 | Northgate | $1,804/mo | 0.82x | -18% |
| 4 | Beacon Hill | $1,870/mo | 0.85x | -15% |
| 5 | University District | $1,936/mo | 0.88x | -12% |
| 6 | Columbia City | $1,980/mo | 0.90x | -10% |
| 7 | West Seattle | $2,024/mo | 0.92x | -8% |
| 8 | Central District | $2,024/mo | 0.92x | -8% |
| 9 | Pioneer Square | $2,090/mo | 0.95x | -5% |
| 10 | Ravenna | $2,156/mo | 0.98x | -2% |
| 11 | Kirkland | $2,244/mo | 1.02x | +2% |
| 12 | Ballard | $2,310/mo | 1.05x | +5% |
| 13 | Redmond | $2,310/mo | 1.05x | +5% |
| 14 | Wallingford | $2,310/mo | 1.05x | +5% |
| 15 | Green Lake | $2,310/mo | 1.05x | +5% |
| 16 | Fremont | $2,376/mo | 1.08x | +8% |
| 17 | Magnolia | $2,376/mo | 1.08x | +8% |
| 18 | Queen Anne | $2,420/mo | 1.10x | +10% |
| 19 | Madrona | $2,420/mo | 1.10x | +10% |
| 20 | Capitol Hill | $2,464/mo | 1.12x | +12% |
| 21 | Bellevue | $2,530/mo | 1.15x | +15% |
| 22 | South Lake Union | $2,530/mo | 1.15x | +15% |
| 23 | Downtown | $2,596/mo | 1.18x | +18% |
| 24 | Mercer Island | $2,750/mo | 1.25x | +25% |
Rent estimates based on city average of $2,200/mo adjusted by neighborhood cost index. Index 1.00 = city average.
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Open a Wise Account →The cheapest neighborhood in Seattle is Rainier Valley, with an estimated 1-bedroom rent of $1,716/month — 22% below the city average.
The average 1-bedroom rent in Seattle is approximately $2,200/month. Rents range from $1,716/mo (Rainier Valley) to $2,750/mo (Mercer Island).
Our database covers 24 neighborhoods in Seattle, each with detailed cost-of-living and salary data.