South Lake Union / Fremont, WA
August 2026
98103,98109
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,038 – $2,253 | -1.88% | 0.23% |
| 2-Bedroom | $2,769 – $3,092 | 1.02% | 3.93% |
| 3-Bedroom | $3,343 – $3,694 | 2.25% | 0.35% |
| 4-Bedroom | $4,605 – $4,889 | 1.29% | 4.33% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,224 – $2,338 | 1.60% | 2.43% |
| 2-Bedroom | $2,906 – $3,225 | 1.25% | 5.05% |
| 3-Bedroom | $3,713 – $4,162 | 0.62% | 4.54% |
| 4-Bedroom | $4,656 – $4,873 | 0.82% | 2.60% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,053 – $2,224 | -3.06% | -18.33% |
| 2-Bedroom | $2,813 – $3,141 | -4.27% | -6.32% |
| 3-Bedroom | $3,856 – $4,262 | -2.44% | 2.55% |
| 4-Bedroom | $4,483 – $4,955 | 1.82% | 2.79% |
In the South Lake Union / Fremont (98103, 98109) rental market, 3-bedroom condos experienced the sharpest monthly gain, rising 6.1% to $3,840 in July 2026. This increase surpassed single-family homes, which climbed 3.15% MoM to $4,122, and apartments, edging up just 0.09% MoM to $3,400 for 3-bedroom units.
For 1-bedroom rentals in South Lake Union / Fremont (98103, 98109), single-family homes saw a substantial 15.1% year-over-year decrease, hitting $2,195. In contrast, 1-bedroom condos rose 1.8% YoY to $2,239, demonstrating a split between property types amid changing tenant demand patterns.
Reviewing South Lake Union / Fremont (98103, 98109) rental trends, 4-bedroom apartments increased 1.6% month-over-month to reach $4,626. This segment is now nearly at parity with 4-bedroom condos, which command $4,670, while single-family homes remain slightly lower at $4,612. The apartment segment’s upward movement highlights competitive pricing at the upper end of the market.