Most Affordable Neighborhoods in Redmond, WA

Some of the cheapest neighborhoods in Redmond are Viewpoint, Bear Creek, and Education Hill. These neighborhoods offer some of the lowest rent prices in Redmond, making them ideal for renters on a budget. As of November 25, 2024, the average rent in Redmond is $2,236, which is 1.8% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.

Viewpoint

Average Rent

$1,878/Month

Year-Over-Year Rent Change

10.5%

TransitScore® Rating

24/100

Units Available

6 Rentals

Viewpoint is a wooded neighborhood offering a mix of single-family homes and large apartment complexes. Renters will enjoy the proximity to Lake Sammamish and nearby parks that make it perfect for outdoor enthusiasts.

Bear Creek

Average Rent

$2,022/Month

Year-Over-Year Rent Change

4.9%

TransitScore® Rating

38/100

Units Available

9 Rentals

Bear Creek is a tranquil neighborhood with a river of the same name running through its center. Houses in this area are set in between wooded areas, allowing residents to enjoy the neighborhood's natural beauty. This area is perfect for those seeking a nature-focused lifestyle with easy access to Downtown Redmond.

Education Hill

Average Rent

$2,291/Month

Year-Over-Year Rent Change

1.8%

TransitScore® Rating

43/100

Units Available

81 Rentals

Directly northeast of Downtown Redmond, Education Hill is a sought-after neighborhood known for its excellent schools. The neighborhood offers residential streets that give residents a suburban feel while also being close to the urban center.

Southeast Redmond

Average Rent

$2,478/Month

Year-Over-Year Rent Change

1.2%

TransitScore® Rating

37/100

Units Available

117 Rentals

Southeast Redmond is a growing neighborhood offering a variety of housing options. The area is surrounded by parks and is located near major employers, allowing residents to enjoy the scenic views during their short commute to work.

Willow-Rose Hill

Average Rent

$2,503/Month

Year-Over-Year Rent Change

4.7%

TransitScore® Rating

38/100

Units Available

102 Rentals

Willow-Rose Hill is an eclectic neighborhood with a mixture of classic and contemporary architecture. Residents of Willow-Rose Hill enjoy access to amenities like Arena Sports Redmond and easy travel to the city center. Willow Creek Corporate Center houses some of Redmond's major employers, making Willow-Rose Hill the perfect place for employees to put down roots.

Downtown Redmond

Average Rent

$2,536/Month

Year-Over-Year Rent Change

1.5%

TransitScore® Rating

52/100

Units Available

348 Rentals

Downtown Redmond is a bustling urban center offering shopping, dining, and entertainment options. Renters will enjoy the area's walkability, public transportation, and access to Redmond Town Center.

North Redmond

Average Rent

$2,609/Month

Year-Over-Year Rent Change

6%

TransitScore® Rating

27/100

Units Available

2 Rentals

When you’re looking for a great Redmond neighborhood on a budget, check out North Redmond. The average rent is $2,609, compared to the city average of $2,236. Rent prices have increased by 6%. North Redmond is convenient to Juel Community Park, Together Center, and Univ Of Washington Station. The community is car-dependent with a WalkScore® of 24.

Overlake

Average Rent

$2,632/Month

Year-Over-Year Rent Change

1.3%

TransitScore® Rating

51/100

Units Available

308 Rentals

Overlake is a dynamic neighborhood known for its tech industry presence. Microsoft and Nintendo both have corporate offices at the neighborhood's center and are two of Redmond's biggest employers.

Union Hill-Novelty Hill

Average Rent

$2,697/Month

Year-Over-Year Rent Change

3.5%

TransitScore® Rating

2/100

Units Available

8 Rentals

Union Hill-Novelty Hill is a scenic neighborhood offering spacious homes and proximity to outdoor recreational areas. Nature lovers will enjoy Redmond Watershed Preserve, which offers hiking, biking, and horseback riding opportunities.

Sammamish Valley

Average Rent

$2,719/Month

TransitScore® Rating

44/100

Units Available

63 Rentals

Sammamish Valley is a scenic neighborhood along the Sammamish River, offering beautiful views and easy access to outdoor recreational activities. Renters will appreciate the proximity to wineries, trails, and parks, providing a peaceful retreat with access to Redmond’s amenities.

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Methodology

Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.

We've combined this data with public records to provide the most current rental information available.