Average Rent: $$$
Small Apartment Buildings
Medium Apartment Buildings
Downtown 5-10 minutes
Eastside 15 minutes, 40 minutes with traffic
Much of the character of this neighborhood is shaped by the predominance of the medical community located on First Hill. Hospitals such as Swedish, Virginia Mason and Harborview are all located in the First Hill neighborhood. These hospitals are widely regarded as some of the top hospitals in the country.
First Hill continues to see development and the character of this neighborhood is rapidly evolving. In recent years First Hill has seen new office, medical, apartment and condominium development begin to transform this neighborhood and bring large numbers of new residents, many of which are not directly connected to the medical industry. First Hill experiences a movement of culture and character from Capitol Hill to the north, which influences the fabric and character of this neighborhood.
Along with its evolving character, the rental housing market has continued to grow and change. The primary type of rental housing that has marked First Hill has been beautiful, small-to medium-sized, classic brick apartment buildings with units that are typically smaller studios and one-bedroom units with hardwood floors. In recent years, due to a continual increase in the medical field and being very close to downtown, First Hill has seen new apartment, condominium and townhome construction.
The Pike/Pine corridor that runs to the east/west between Capitol Hill and First Hill has seen a rapid transformation into one of the more interesting and vibrant parts of the city. In addition to multi-unit properties, there are a significant number of single-family homes and small multiplexes available for rent. While pricing has risen significantly in recent years, you will still see considerably lower pricing for rental housing compared to Capitol Hill just to the north.