Long-term Rental Rates — August 2026 · ZIPs: 98052,98053,98073
Local market data by Estaite
As of August 2026, rental prices in Redmond, WA range from $2,310 to $4,721 per month depending on property type and bedroom count.
The most notable year-over-year change is a 9.25% decrease for 3BR apartments in Redmond, WA.
For 2BR units in August 2026, apartments and condo/townhomes both have a median rent of $2,970, while single-family homes are higher at $3,067.
What is the rent range for apartments, condos, and single-family homes in Redmond, WA?
As of August 2026, median rents in Redmond, WA span from $2,310 (1BR apartment) to $4,721 (4BR condo/townhome) per month.
Which is the most affordable rental option in Redmond, WA?
The most affordable segment in August 2026 is 1BR apartments at $2,310 per month.
Which segment had the largest month-over-month change in Redmond, WA rents?
3BR apartments saw the sharpest month-over-month movement in August 2026, dropping 9.77%.
Is there a segment with an unusual or standout number in Redmond, WA's rental market?
3BR apartments have the most significant year-over-year decline at -9.25% in August 2026, marking them as an outlier compared to other segments in Redmond, WA.
Redmond, WA
August 2026
98052,98053,98073
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,194 – $2,425
-1.15%
0.36%
2-Bedroom
$2,838 – $3,169
3.73%
-0.81%
3-Bedroom
$3,538 – $3,990
-2.09%
-1.52%
4-Bedroom
$4,549 – $4,776
0.78%
0.22%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,279 – $2,396
-1.43%
0.55%
2-Bedroom
$2,857 – $3,033
-2.12%
-1.01%
3-Bedroom
$3,371 – $3,689
-4.66%
-8.61%
4-Bedroom
$4,556 – $4,848
2.83%
0.36%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,820 – $2,936
0.85%
1.84%
2-Bedroom
$2,972 – $3,201
-3.89%
-3.62%
3-Bedroom
$3,711 – $4,102
0.97%
-0.71%
4-Bedroom
$4,192 – $4,634
-4.47%
-0.79%
Data updated: September 23, 2026
Redmond Rental Trends
In the Redmond (98052, 98053, 98073) rental market, median rents for 3-bedroom apartments dropped to $3,469, marking a year-over-year decrease of -9.2%. This downturn highlights reduced pricing power for larger apartment units as of August 2026 compared to the previous year.
For August 2026, 2-bedroom apartments in Redmond (98052, 98053, 98073) saw median rent increase by 2.6% month-over-month to $2,970. This segment matched the 2-bedroom condo median but demonstrated stronger short-term momentum, signaling growing renter interest in mid-sized apartments.
With a 1.8% YoY increase, Redmond (98052, 98053, 98073) rental trends indicate that 1-bedroom single-family homes achieved the highest median rent among comparable units at $2,858, exceeding both 1-bedroom condos at $2,338 and apartments at $2,310.