Bellevue is a trophy-tier Seattle submarket with average asking rent around $58/sqft/yr.

  • Average asking rent: $58/sqft/yr.
  • Tier: trophy.
  • Citywide Class A rent context: $52/sqft/yr ($52 USD).
  • Citywide vacancy: 26.4% — submarket-level availability is typically tighter at trophy tier.

Bellevue, Seattle office rents and availability

Bellevue is a trophy-tier Seattle submarket with average asking rent around $58/sqft/yr.

TL;DR

  • Average asking rent: $58/sqft/yr.
  • Tier: trophy.
  • Citywide Class A rent context: $52/sqft/yr ($52 USD).
  • Citywide vacancy: 26.4% — submarket-level availability is typically tighter at trophy tier.

Where rent sits

Bellevue averages around $58/sqft/yr for Class A, against a citywide Class A index of 52. As a trophy submarket, rent runs above the city average and availability is structurally tight.

Availability dynamics

Cross-lake trophy alternative. Tech (Amazon, Microsoft), professional services, financial services.

Key facts

citySeattle
submarketBellevue
tiertrophy
averageRentLocal$58/sqft/yr
cityClassARentUsd$52/sqft/yr
cityVacancyPct26.4%

Frequently asked questions

What is the average Class A rent in Bellevue, Seattle?
Around $58/sqft/yr. The citywide Class A index sits at $52/sqft/yr.

Related

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

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