Long-term Rental Rates — August 2026 · ZIPs: 98004,98005,98006,98007
Local market data by Estaite
As of August 2026, rental prices in Bellevue CBD / Downtown Bellevue, WA range from $2,513 to $4,717 per month depending on property type and bedroom count.
The sharpest year-over-year decline occurred in apartment 3BR units, which fell by 7.64%.
For 3BR units, single-family homes have a median rent of $3,817 while apartments and condos/townhomes are at $3,460 and $3,534, respectively.
What is the range of rental prices in Bellevue CBD / Downtown Bellevue, WA as of August 2026?
Rents in Bellevue CBD / Downtown Bellevue, WA range from $2,513 for a 1BR condo/townhome up to $4,717 for a 4BR apartment as of August 2026.
How do apartments and condos compare in rent for the same bedroom count in Bellevue CBD / Downtown Bellevue, WA?
For 2BR units in August 2026, apartments rent for $3,082 while condos/townhomes are at $2,931, a premium of $151 per month for apartments.
Which bedroom count and property type combination stands out for outperforming others in Bellevue CBD / Downtown Bellevue, WA?
In the 1BR category, single-family homes outpace both apartments and condos/townhomes with a median rent of $2,854, compared to $2,540 for apartments and $2,513 for condos/townhomes.
What is the most expensive property and bedroom combination to rent in Bellevue CBD / Downtown Bellevue, WA?
The highest median rent in August 2026 is for a 4BR apartment at $4,717 per month.
Bellevue CBD / Downtown Bellevue, WA
August 2026
98004,98005,98006,98007
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,400 – $2,680
0.10%
0.50%
2-Bedroom
$2,912 – $3,251
-0.78%
1.69%
3-Bedroom
$3,270 – $3,651
-5.44%
-7.64%
4-Bedroom
$4,660 – $4,882
0.98%
0.70%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,438 – $2,589
3.56%
-2.80%
2-Bedroom
$2,843 – $3,019
-0.82%
-1.86%
3-Bedroom
$3,375 – $3,693
-1.36%
-6.67%
4-Bedroom
$4,546 – $4,875
0.83%
0.16%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,768 – $2,939
2.70%
1.28%
2-Bedroom
$2,883 – $3,123
0.01%
-6.58%
3-Bedroom
$3,599 – $4,034
-5.09%
-5.85%
4-Bedroom
$4,270 – $4,719
-4.01%
-1.68%
Data updated: September 22, 2026
Bellevue CBD / Downtown Bellevue Rental Trends
In the Bellevue CBD / Downtown Bellevue (98004, 98005, 98006, 98007) rental market, 1-bedroom condos posted a 3.24% month-over-month decline to a median rent of $2,507. Year-over-year, they have decreased by 3.63%, reflecting downward movement in this segment compared to apartments and single-family rentals.
Among 2-bedroom units in Bellevue CBD / Downtown Bellevue (98004, 98005, 98006, 98007), condos saw a sharp 4.49% increase month-over-month to $2,995. This growth stands in contrast to 2-bedroom apartments, which declined by 0.57% in the same period despite holding a slightly higher median at $3,042.
Rental pricing for 3-bedroom condos, as reflected in Bellevue CBD / Downtown Bellevue (98004, 98005, 98006, 98007) rental trends, dropped by 4.53% year-over-year to a median of $3,596. This YoY decline is more pronounced than the small drops seen in 3-bedroom apartments and single-family homes.