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Edmonds, WA Condo for Rent

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    $3,250 Per Month

    • 2 Beds
    • 2 Baths
    • 925 Sq Ft
    • Condo for Rent

    550 Elm Way Unit 408, Edmonds, WA 98020

    Beautifully and Fully Furnished ** Top Floor (4th Floor) ** Two Bedrooms, Two Bathrooms ** Dedicated Covered Parking ** Swimming Pool and Sauna ** Pool table and Game room ** High Speed Internet and Cable TV ** Large flatscreen TV ** Cooling and Heating ** Open concept living and dining ** Large Private Balcony ** Well-appointed kitchen (Cookware, dishes, utensils, and small appliances) **

    Anupma Sharma eXp Realty

    550 Elm Way Unit 408, Edmonds, WA 98020

Frequently Asked Questions

How much does it cost to rent a condo in Edmonds, WA?
The median rent for a condo in Edmonds, WA is $2,300 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Edmonds, WA?
To comfortably afford the median rent in Edmonds, WA, a household needs to earn roughly $99,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,495 per month in Edmonds, WA, renters typically need to show $7,485 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Edmonds, WA?
In Edmonds, WA, the price-to-rent ratio is 31.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Condos for Rent
1
Median Condo Rent
$2,300
Median 1 Bedroom Condo Rent
$1,838
Median 2 Bedroom Condo Rent
$2,300
Median 3 Bedroom Condo Rent
$2,748
How to Rent a Home