The median price for Seattle one bedroom condos right now is $230,000.
- 451 are available right now.
- 226 are less expensive than $230,000, and 225 are more.
- The least expensive is $69,000, and the most expensive is $2.55 million.
Quite the range huh!?!?!
I felt like I had to write about the Seattle one bedroom condos market, because it is such a versatile demographic of buyers.
I specifically like for the broke college student, or young professional who just wants a place to eat, sleep, and relax. The $100,000-$200,000 price range has really surprised me over the last few months as I’ve been more and more interested. I put a lot of these condos on my “deals, for reals” list Several of my friends, and acquaintances looooove them some Seattle. So of course I love being up to date on what’s going on there.
Here are a couple quick facts on the Seattle one bedroom condos market, specifically between $100,000 and $200,000.
- About half of the Seattle one bedroom condos you find in this price range have a view. Either of Lake Washington, mountains, or the city.
- Most of these places can be bought with about $10,000 down, at most.
- A lot of them can be bought with zero down.
- Unless the HOA dues are unusually high, the highest monthly total payment you’d ever have would be about $1800.
- It is really easy to find a Seattle one bedroom condo that you can put down about $5000, and live for about $1200 per month, with a view and rooftop deck.
- Average rent for one of these condos is around $1200.
With all the schools and business in Seattle, it is a great rental market, after you decide to move out! Or, just buy one as a rental!
Contact me to find the perfect one bedroom condo for you!!
I live in a one bedroom Condo in Jersey and my mortgage is absolutely comparable to what it would costs someone to rent my unit if ever I decided to move without selling.
Hell, my neighbor across the way has been renting her unit for profit for 5 years and she doesn’t intend to ever sell. She called it her guaranteed social security. I’m pretty sure she still has a mortgage on it, but as the tenant pays her rent and she pays down her debt service, she’s building her own little retirement fund.
I decided on a one bedroom condo for tax breaks and to not have high expenses as I was establishing myself in my career so I definitely fell into your category of young professional just looking for a place to eat and sleep.