Kirkland, WA Rental Market
Kirkland is one of the Eastside's most desirable lakefront communities, situated between Microsoft's Redmond campus and Google's Kirkland campus — creating a uniquely powerful employment adjacency that drives among the highest tech-sector household incomes in the metro. Its picturesque Lake Washington setting, vibrant downtown marina, and top-ranked Lake Washington School District make Kirkland a premium market where demand consistently outpaces supply and tenant quality is exceptional.
Get a rent estimate for an address in KirklandAverage Rent in Kirkland, WA
$2,250
per month · 2026-06
Market Score
Key Facts — Kirkland, WA Rental Market
- Average rent in Kirkland, WA:$2,250/mo
- Median rent:$2,070/mo
- Rent range:$1,125 – $4,950/mo
- Most common rental (2 bedrooms):$1,975/mo
- Active listings:680
- Avg days to lease:23 days
- Year-over-year change:+3.5%
- Median home value:$780,000
- Est. gross annual yield:3.5%
- Data as of:2026-06
Rent by Bedroom in Kirkland, WA
Average monthly rent for each bedroom type based on current active listings in Kirkland.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $1,625/mo |
2 Bedrooms | $1,975/mo |
3 Bedrooms | $2,525/mo |
4 Bedrooms | $3,100/mo |
5 Bedrooms | $3,550/mo |
Kirkland Rental Market Statistics
Key indicators from the current Kirkland, WA rental market.
680
Available now in Kirkland
23
From list to lease
$1.61
Average across listings
1,400 sq ft
Typical rental size
$1,125 – $4,950
Min to max active listings
+3.5%
Avg rent vs. prior year
Investing in Kirkland, WA Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$780,000
Typical purchase price in Kirkland
Est. Gross Annual Yield
3.5%
Before expenses & vacancy
Avg Monthly Income
$2,250
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Kirkland for a full cash-flow breakdown including all costs.
Kirkland, WA Rental Market FAQ
Common questions about renting and investing in Kirkland, WA.
What is the average rent in Kirkland, WA?
The average rent in Kirkland, WA is $2,250 per month as of 2026. One-bedroom apartments average $1,625/mo, two-bedrooms average $1,975/mo, and three-bedroom homes average $2,525/mo. Waterfront properties near downtown Kirkland and the marina command substantial premiums, with luxury lakefront rentals reaching $5,000+/mo. Totem Lake and Juanita neighborhoods offer slightly lower price points.
Is Kirkland, WA a good place to invest in rental property?
Kirkland's 3.5% estimated gross yield reflects its premium market position — a $780,000 median home value supports very limited cash flow at current acquisition costs. The Google Kirkland campus and proximity to Microsoft create an exceptional tenant base of senior tech professionals with high incomes and long average lease terms. Best suited for investors focused on capital preservation and appreciation rather than near-term cash flow.
How competitive is the Kirkland, WA rental market?
Kirkland averages just 23 days on market — tied with Bellevue as the fastest in our Washington coverage. Only 680 active listings serve a large, high-income tenant base that includes Google and Microsoft employees, executives seeking lakefront living, and families competing for spots in the Lake Washington School District. Quality homes and apartments near downtown or in Juanita regularly receive multiple competing applications.
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