Cheapest Neighborhoods in Redmond, WA
Some of the cheapest neighborhoods in Redmond are English Cove, Woodbridge, and Bear Creek. These neighborhoods offer some of the lowest rent prices in Redmond, making them ideal for renters on a budget. As of August 3, 2026, the average rent in Redmond is $2,419, which is 4.8% 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.
English Cove
Average Rent
$2,042/Month
Units Available
12 Rentals
English Cove is an affordable neighborhood in Redmond with an average rent price of $2,042. Compare this to the city average of $2,419.
Woodbridge
Average Rent
$2,117/Month
Units Available
27 Rentals
If you’re looking for a great, affordable neighborhood in Redmond, Woodbridge might be the perfect place! It has an average rent price of $2,117, while the city’s average stands at $2,419.
Bear Creek
Average Rent
$2,218/Month
Year-Over-Year Rent Change
11.7%
Units Available
13 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.
Viewpoint
Average Rent
$2,288/Month
Year-Over-Year Rent Change
1.1%
Units Available
10 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.
Lakeshore Estates
Average Rent
$2,288/Month
Units Available
10 Rentals
Lakeshore Estates is a top choice for budget-conscious renters for a variety of reasons. The average rent in Lakeshore Estates is $2,288 while the city average is $2,419.
Willow-Rose Hill
Average Rent
$2,322/Month
Year-Over-Year Rent Change
2.6%
Units Available
92 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.
Southeast Redmond
Average Rent
$2,338/Month
Year-Over-Year Rent Change
0.4%
Units Available
74 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.
Education Hill
Average Rent
$2,358/Month
Year-Over-Year Rent Change
5.9%
Units Available
91 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.
Union Hill-Novelty Hill
Average Rent
$2,532/Month
Year-Over-Year Rent Change
17.9%
Units Available
14 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.
Overlake
Average Rent
$2,572/Month
Year-Over-Year Rent Change
7.5%
Units Available
372 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.
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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.