Comptroveby RentSpire

New Luxury Apartments in Northwest Seattle

2421 NW MARKET ST, Seattle, WA, 98107

Market rate 171 units (unit count basis: listing-reported) FEMA/NRI hazard read: Relatively High

Asking & effective rent by bedroom

Average asking rent across observed units: $2,934. Average effective rent: $2,934.

TypeAsking rentEffective rentAvg sqftObservations
Studio$1,720$1,7204131
1 bedroom$2,627$2,6276123
2 bedroom$4,001$4,0018792

HUD Fair Market Rent gap

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

FMR comparison not observed for this property.

Amenities

No amenities observed for this property.

Operator

not observed

Nearby comparable properties

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

PropertyLocationDistanceAvg askingSimilarity
Home Seattle, WA 0.76 mi $2,063 72%
Ellinor Ballard is a pet Seattle, WA 0.52 mi $2,592 68%
Smith & Burns Seattle, WA 2.26 mi $2,622 67%
Ray Apartments (East) Seattle, WA 2.48 mi $2,818 61%
Gallagher Properties Seattle, WA 0.53 mi $2,117 60%
Rowlock Flats are pet Seattle, WA 1.92 mi $2,455 57%
New Luxury Apartments in Fremont, Seattle Seattle, WA 2.43 mi $3,357 57%
Riano Seattle, WA 0.42 mi $978 54%

Sources & provenance

Sourced from https://ballardyards.com/availability — 7 observation(s), last observed Aug 11, 2026.

Sourced from https://ballardyards.com/availability/1-bedroom/a2 — 4 observation(s), last observed Aug 1, 2026.

Sourced from https://ballardyards.com/availability/1-bedroom/a1 — 4 observation(s), last observed Jul 31, 2026.

Sourced from https://ballardyards.com/ — 1 observation(s), last observed Jul 29, 2026.

Data age: 6 days. Last observed: Aug 11, 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.

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