Rentometer, Inc. | Data as of 10/22/2025
Picnic Point offers a tranquil, residential setting within the vibrant Seattle metropolitan area of Washington. Nestled along the western shore of Lake Washington, the neighborhood enjoys stunning waterfront views, tree‑lined streets, and easy access to popular outdoor destinations such as the Picnic Point Park and the nearby Burke‑Gilman Trail. Its close proximity to downtown Seattle, Bellevue, and the tech corridor makes it a desirable location for professionals seeking a blend of suburban calm and urban convenience. Residents also benefit from quality schools, local eateries, and a community-oriented atmosphere that is reflected in well‑maintained homes and active neighborhood events.
The rental market in Picnic Point is dominated by spacious single‑family houses, catering primarily to families and individuals looking for larger living spaces. Three‑bedroom homes typically rent in the mid‑$3000s, while four‑plus‑bedroom properties command prices in the high‑$3000s, reflecting the area’s appeal for roomy, upscale living. These homes often feature modern amenities, private yards, and easy access to the lakefront, underscoring the premium placed on comfort and lifestyle in this locale.
Beyond housing, Picnic Point’s appeal is enhanced by its convenient location near major transportation routes, allowing a short commute to Seattle’s business districts and tech hubs. The neighborhood’s blend of natural beauty, quality schools, and a strong sense of community continues to attract renters seeking a balanced, high‑quality Washington lifestyle.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| House | 3 Bedroom | $3,396 | $3,300 | $2,170 - $5,200 | $3,100 - $3,600 |
| House | 4+ Bedroom | $3,923 | $3,825 | $3,150 - $5,295 | $3,550 - $4,000 |
In the current period, the average rent in Picnic Point was $3,397 for 3 Bedroom, and $3,678 for 4+ Bedroom.
Data provided by Rentometer, Inc.