Long-term Rental Rates — April 2026 · ZIPs: 98107,98117
Local market data by Estaite
As of April 2026, rental prices in Ballard, WA range from $1,904 to $4,555 per month depending on property type and bedroom count.
The biggest annual change was a -16.69% decrease for 2BR single-family homes in Ballard, WA.
For 2BR rentals in Ballard, WA, condos/townhomes have a median rent of $2,903, while single-family homes have a median rent of $2,552.
What is the range of rent prices in Ballard, WA as of April 2026?
In Ballard, WA, rent prices as of April 2026 span from $1,904 per month for 1BR apartments to $4,555 per month for 4BR condos/townhomes.
What is the price difference between condos/townhomes and single-family rentals for the same bedroom count in Ballard, WA?
For 2BR units in Ballard, WA, condos/townhomes rent for $2,903 per month, which is $351 higher than single-family homes at $2,552.
Which property and bedroom combination is the most expensive in Ballard, WA?
The highest median rent in Ballard, WA is for 4BR condos/townhomes at $4,555 per month in April 2026.
How are rents changing across different submarkets in Ballard, WA?
The largest annual rent growth was a 5.19% increase for 3BR condos/townhomes, while the largest decline was a -16.69% decrease for 2BR single-family homes in Ballard, WA as of April 2026.
Ballard, WA
April 2026
98107,98117
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,809 – $1,999
0.55%
-0.29%
2-Bedroom
$2,453 – $2,738
1.00%
-4.57%
3-Bedroom
$3,008 – $3,358
-2.80%
-6.88%
4-Bedroom
$4,363 – $4,666
0.36%
1.43%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,054 – $2,159
-0.34%
2.45%
2-Bedroom
$2,816 – $2,990
-3.02%
-2.02%
3-Bedroom
$3,747 – $4,075
7.80%
5.19%
4-Bedroom
$4,434 – $4,714
-0.69%
2.04%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,131 – $2,286
-7.45%
-9.21%
2-Bedroom
$2,438 – $2,667
-12.29%
-16.69%
3-Bedroom
$3,764 – $4,160
-2.10%
0.92%
4-Bedroom
$4,236 – $4,544
-1.61%
1.52%
Data updated: June 2, 2026
In the Ballard (98107, 98117) rental market, 3-bedroom condo/townhome units recorded a 7.8% month-over-month increase to $3,911, while 3-bedroom apartments declined by -2.8% and single-family homes fell by -2.1%. The condo segment strongly outperformed others with the largest positive short-term change.
For 2-bedroom single-family homes in Ballard (98107, 98117), median rent decreased 16.7% year-over-year to $2,552. This annual drop was steeper than the -4.6% YoY change for 2-bedroom apartments and -2.0% for condo/townhomes, signaling a pronounced correction for single-family rentals.
Analyzing Ballard (98107, 98117) rental trends, 4-bedroom apartments were priced at $4,522, just $33 below the $4,555 median for 4-bedroom condo/townhomes. The minimal price gap points to similar valuation and demand for larger units across both property types.