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Updated 2 hours ago

The Palms Apartments


2718 Franklin Ave #7 E Seattle, WA

2 Bed
1 Bath

760 Sq. Ft.

Available starting Feb. 1st
2 Beds • 1 Bath
$2,200
760 ft2
1 Available
Managed By: Phillips Real Estate - Zillow
18-07
$2,200
Available Feb 1st, 2026
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Location ratings
Walk Score®
84
Very Walkable
Transit Score®
56
Good Transit
Bike Score®
79
Very Bikeable
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Property details
Description

The Palms Apartments are located in the desirable Eastlake neighborhood, just two blocks from Lake Union with ample public beach access and minutes from Gas Works Park. Hop on your bike and be on the Burke-Gilman Trail in no time. We are within walking distance to various parks, shops, restaurants, and more! Conveniently located near the 70 bus line, offering quick access to Downtown, Capitol Hill, U-District, and Pioneer Square.
Our property boasts its well-maintained, center courtyard with a communal lounge area, fire pit & resident barbecue station. Enjoy the panoramic views of Lake Union from the center courtyard or shared balconies. All residents can easily access lease documents, report maintenance issues, and pay rent right from their phone or desktop via the user-friendly tenant portal. We are also pet friendly!
The available unit was renovated and offers a full-size washer/dryer, stainless steel appliances including a full size dishwasher and microwave, as well as updated cabinetry, countertops & flooring. A must see!
Move-in costs:
Full first month of rent
$1,000 Refundable security deposit
$50 Screening fee per adult applicant
$60 Monthly surcharge for water, sewer, and garbage usage (plus $35 for each additional occupant)
Pets are accepted for an additional $500 deposit.
Make The Palms your new rental home!
Applications are available online and accepted on a first-come, first-serve basis. Applicants are screened for a credit score of 650 or higher, with minimal negative reporting, a positive rental history, and a collective income of 3X the monthly rent.
This property is professionally managed by AGM Real Estate Group, LLC.

Additional Details
Total Unit Count: 1
Last Updated: Updated 2 hours ago
Contact Number: (425) 293-9653
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Comcast Corporation 987.0 35.0
CenturyLink, Inc. 40.0 3.0
ViaSat, Inc. 35.0 3.0
CenturyLink, Inc. 15.0 0.75
Data from June 2020 provided by the FCC
Photos Floor Plans
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for The Palms Apartments by bedroom type below.
2 Bedroom
Suggested income:
$79,200
per year
Rent report

The Palms Apartments Rent vs. Seattle Average

 The Palms Apartments      Seattle Average
2BR
$2,200
$2,775
$0
$950
$1,900
$2,850
$3,800

The Palms Apartments is asking 21% less than the average 2 bedroom apartment in Seattle.

If you upsized to an average priced Seattle 3 bedroom apartment, you would pay 13% more per month.

If you downsized to an average priced Seattle 1 bedroom apartment, you would pay 38% less per month.

The Palms Apartments provides 20% less square footage than the average Seattle 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
The Palms Apartments
2BR $2,200 $2.90 $6,600
Seattle Average
Studio $1,415 $4.00 $4,246
1BR $2,007 $3.30 $6,020
2BR $2,775 $2.90 $8,325
3BR $3,206 $2.50 $9,617
4BR $3,488 $1.90 $10,465

Availability in Seattle

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 3,215 1BR units on the market in Seattle. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
32% 44% 19% 3% 1%
Available Units in Seattle
Studio 2,345
1BR 3,215
2BR 1,369
3BR 221
4BR 90
Location
Nearby Colleges
Campus Buildings and Attractions
Distance Walking Biking Driving
Red Square 1.3 mi 25 min 10 min 4 min
School of Medicine 1.4 mi 27 min 13 min 5 min
Husky Union Building 1.5 mi 30 min 12 min 6 min
UW Medical Center 1.6 mi 31 min 12 min 5 min
Husky Stadium 1.8 mi 34 min 12 min 5 min
Nearby Hospitals
Name Distance
University Of Washington Medical Center 0.83 mi.
Uw Medical Center 0.86 mi.
Seattle Cancer Care Alliance 1.31 mi.
Nearby Fire Stations
Name Distance
North Highline Fire District 1.09 mi.
Port Of Seattle Fire Department 1.09 mi.
Seattle Fire Department 1.09 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on February 01, 2026.
What's the square footage of the available units?
It's 760 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
The Palms Apartments has a 2 bedroom unit starting at $2,200.
Where is this property located?
This property is at 2718 Franklin Ave #7 E in Seattle, WA. It's 2.7 miles north from the center of Seattle.
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