Bellevue CBD / Downtown Bellevue, WA
June 2026
98004,98005,98006,98007
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,381 – $2,658 | 2.29% | -0.93% |
| 2-Bedroom | $2,875 – $3,210 | -0.57% | 0.93% |
| 3-Bedroom | $3,404 – $3,838 | 1.71% | -0.72% |
| 4-Bedroom | $4,561 – $4,785 | 1.13% | 0.97% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,415 – $2,600 | -3.24% | -3.63% |
| 2-Bedroom | $2,860 – $3,129 | 4.49% | -0.14% |
| 3-Bedroom | $3,445 – $3,747 | -2.06% | -4.53% |
| 4-Bedroom | $4,446 – $4,767 | 0.46% | 0.23% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,643 – $2,807 | 3.49% | -0.76% |
| 2-Bedroom | $2,939 – $3,164 | 1.92% | -3.47% |
| 3-Bedroom | $3,734 – $4,127 | 4.58% | -0.80% |
| 4-Bedroom | $4,322 – $4,874 | 2.60% | 3.59% |
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.