Best Affordable Neighborhoods in Redmond, WA
Some of the cheapest neighborhoods in Redmond are Osborne, Bear Creek, and Southeast Redmond. These neighborhoods offer some of the lowest rent prices in Redmond, making them ideal for renters on a budget. As of May 5, 2026, the average rent in Redmond is $2,341, which is 0.4% lower 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.
Osborne
Average Rent
$2,034/Month
Units Available
11 Rentals
If you’re looking for a great, affordable neighborhood in Redmond, Osborne might be the perfect place! It has an average rent price of $2,034, while the city’s average stands at $2,341. Osborne is near Univ. of Wash., Bothell, Redmond West Wetlands, and Spiritbrook Neighborhood Park.
Bear Creek
Average Rent
$2,107/Month
Year-Over-Year Rent Change
1.6%
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.
Southeast Redmond
Average Rent
$2,228/Month
Year-Over-Year Rent Change
3.7%
Units Available
119 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
$2,358/Month
Year-Over-Year Rent Change
1.9%
Units Available
72 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
$2,427/Month
Year-Over-Year Rent Change
0.6%
Units Available
114 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.
Downtown Redmond
Average Rent
$2,542/Month
Year-Over-Year Rent Change
0.3%
Units Available
310 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.
Overlake
Average Rent
$2,562/Month
Year-Over-Year Rent Change
1.3%
Units Available
365 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
$2,661/Month
Year-Over-Year Rent Change
12.6%
Units Available
18 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.
Grass Lawn
Average Rent
$2,964/Month
Year-Over-Year Rent Change
5.8%
Units Available
185 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
$3,059/Month
Units Available
156 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.