Bellevue CBD / Downtown Bellevue, WA
April 2026
98004,98005,98006,98007
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,313 – $2,557 | -0.24% | -1.47% |
| 2-Bedroom | $2,786 – $3,110 | -0.37% | -0.57% |
| 3-Bedroom | $3,467 – $3,832 | 0.27% | 1.07% |
| 4-Bedroom | $4,371 – $4,666 | 0.34% | 1.57% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,397 – $2,520 | 0.36% | 0.53% |
| 2-Bedroom | $2,829 – $3,096 | 0.96% | -2.83% |
| 3-Bedroom | $3,484 – $3,851 | 0.62% | -0.04% |
| 4-Bedroom | $4,429 – $4,663 | 0.27% | 1.21% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,596 – $2,756 | -2.68% | 0.40% |
| 2-Bedroom | $2,907 – $3,087 | -4.91% | -2.11% |
| 3-Bedroom | $3,440 – $3,856 | -6.47% | -5.25% |
| 4-Bedroom | $4,201 – $4,644 | -1.21% | 0.74% |
In the Bellevue CBD / Downtown Bellevue (98004, 98005, 98006, 98007) rental market, 4-bedroom apartments posted a median rent of $4,529, up 1.57% year-over-year. This segment also saw a 0.34% month-over-month increase, marking it as the best-performing apartment size by annual and monthly metrics in Bellevue CBD / Downtown Bellevue (98004, 98005, 98006, 98007).
Compared to other 3-bedroom units, single-family homes in Bellevue CBD / Downtown Bellevue (98004, 98005, 98006, 98007) lag with a median rent of $3,648 and a 5.25% year-over-year decline. Apartments at $3,650 and condos at $3,668 both outperform single-family by $2 and $20, respectively.
Despite a monthly increase, Bellevue CBD / Downtown Bellevue (98004, 98005, 98006, 98007) rental trends show that 2-bedroom condos at $2,962 are down 2.83% year-over-year. The segment’s 0.96% month-over-month uptick highlights short-term strength amid longer-term softness in condo demand.