Last updated
Average Rent in Redmond, WA & Rent Trends
Rent prices and market trends across 2 apartment communities in Redmond, WA. Updated daily.
Market Average
$2,705/mo
▲ +7.4% from last month
Lowest Available
$1,806/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
47
available now
Is Rent Going Up or Down in Redmond, WA?
As of May 2026, the average rent in Redmond, WA is $2,705 per month across 2 apartment communities and 47 available units. Rents have increased $182 (7.4%) over the past month.
The most affordable option is Parkside Esterra Park starting at $1,806/mo. By unit type, a studio averages $2,113/mo, a 1-bedroom averages $2,459/mo, a 2-bedroom averages $3,480/mo.
Prices range from $1,806 to $3,827 per month. The most common price point is the $2,400 range, where 18 units are currently listed.
Redmond, WA Rent Price History
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Redmond, WA
Rent Prices by Apartment in Redmond, WA
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Parkside Esterra Park | $1,806/mo | $2,730/mo | 40 | 3.6 |
| Avalon Esterra Park | $2,440/mo | $2,561/mo | 7 | 4.1 |
Google Search Trends for Redmond, WA Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Redmond, WA
What is the average rent in Redmond, WA?
Is rent going up or down in Redmond, WA?
What is the cheapest apartment in Redmond, WA?
How much is a 1-bedroom apartment in Redmond, WA?
How many apartments are available in Redmond, WA?
What salary do I need to live comfortably in Redmond, WA?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$108,000/year
30 percent rule -- using our average rent of $2,705/mo.
Comfortable income
$130,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,806/mo), you need to earn at least $72,000/year.
Median household income in Redmond, WA is $162,099 , about 25% above the comfortable-living threshold.
Cost of living in Redmond, WA
Overall prices in Redmond, WA runs above the national average by about 13% (BEA Regional Price Parity index 112.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Redmond, WA's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,705 |
| Utilities | $652 |
| Groceries | $584 |
| Transportation | $1,553 |
| Healthcare | $758 |
| Other goods and services | $1,212 |
| Estimated total | $7,464/mo |
Population
75,721
Median household income
$162,099
Census median rent
$2,343/mo
Rent as % of income
23.0%
Median age
35.0
Mean commute
23 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Redmond, WA Apartments
Browse all 2 communities with daily-updated pricing and availability.