Cheapest Neighborhoods in Redmond, WA
Some of the cheapest neighborhoods in Redmond are Bear Creek, Southeast Redmond, and Willow-Rose Hill. These neighborhoods offer some of the lowest rent prices in Redmond, making them ideal for renters on a budget. As of June 19, 2026, the average rent in Redmond is $2,407, which is 1.7% 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.
Bear Creek
Average Rent
$2,245/Month
Year-Over-Year Rent Change
5.1%
Units Available
20 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.
Southeast Redmond
Average Rent
$2,247/Month
Year-Over-Year Rent Change
1.1%
Units Available
115 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
$2,311/Month
Units Available
78 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.
Education Hill
Average Rent
$2,373/Month
Year-Over-Year Rent Change
1.1%
Units Available
103 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.
Overlake
Average Rent
$2,577/Month
Year-Over-Year Rent Change
2.8%
Units Available
333 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.
Downtown Redmond
Average Rent
$2,865/Month
Year-Over-Year Rent Change
2.5%
Units Available
595 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.
Grass Lawn
Average Rent
$2,958/Month
Year-Over-Year Rent Change
1.3%
Units Available
217 Rentals
Grass Lawn lives up to its name with its expansive parks and green spaces. Renters will appreciate the suburban feel while still being close to shopping, dining, and the city's major employers.
Sammamish Valley
Average Rent
$3,087/Month
Units Available
115 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.