Comptroveby RentSpire

Avalon Redmond Campus

15602 NE 40th St, Redmond, WA, 98052

Market rate 15 units (unit count basis: listing-reported) Built 2024 FEMA/NRI hazard read: Relatively High

Asking & effective rent by bedroom

Average asking rent across observed units: $3,085. Average effective rent: $3,085.

TypeAsking rentEffective rentAvg sqftObservations
Studio$2,025$2,025not observed1
1 bedroom$2,688$2,6886997
2 bedroom$3,399$3,3991,0385
3 bedroom$4,223$4,2231,3462

HUD Fair Market Rent gap

HUD area: Seattle-Bellevue, WA HUD Metro FMR Area.

FMR comparison not observed for this property.

Amenities

24 Hour MaintenanceAccess to seasonal outdoor pool at sister community eaves Redmond CampusAir ConditioningBalcony/PatioBarbecueCo-work spacesCommunity-sponsored social eventsControlled AccessConvenient access to Bellevue and Seattle via WA-520Easily accessible to Redmond Technology Station, coming in late 2023Fitness CenterFully Equipped KitchenGreen CommunityHard-surface FlooringHigh-Speed WiFiIn-Unit Washer/DryerKeyless EntryLoungeOn-site SolarPackage AcceptanceParkingPet FriendlyPublic TransportationQuartz Countertops

Operator

Managed by AvalonBay Communities.

Nearby comparable properties

Comparable apartments with rent data within 3 miles, ranked by the same similarity model used in the product.

PropertyLocationDistanceAvg askingSimilarity
AVA Esterra Park Redmond, WA 0.86 mi $2,587 77%
eaves Redmond Campus Redmond, WA 0 mi $2,907 72%
Avalon Esterra Park Redmond, WA 0.86 mi $2,799 72%
Hyde Square is a pet Bellevue, WA 1.23 mi $2,792 66%
Bloom is a pet Kirkland, WA 2.78 mi $2,562 49%
Avalon ParcSquare Redmond, WA 2.26 mi $3,982 46%

Sources & provenance

Sourced from https://www.avaloncommunities.com/washington/redmond-apartments/avalon-redmond-campus/ — 22 observation(s), last observed Jul 29, 2026.

Data age: 19 days. Last observed: Jul 29, 2026.

Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent. Income-restricted product is never presented as a market-rate comparable — program type above reflects the governed affordability classification, not free-text asset labels.

Open the interactive comp report →