Seattle, WA

Elara at the Market Apartments: Renters Insurance Guide & What It Actually Costs

Last updated May 10, 2026

Looking for the best renters insurance for Elara at the Market Apartments in Seattle? We break down what the lease requires, what coverage actually costs here (~$13/mo), the 6 discounts that may apply, and how the major carriers compare for your zip.

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Renters Insurance at Elara at the Market Apartments

We found a few insurance details on the Elara at the Market Apartments website. Your lease may have additional requirements — treat these as a starting point.

Lease Requirements

Interested party* Add property to policy
See how your options compare. Get a quote

* An "interested party" is the property management company listed on your insurance policy. It doesn't give them any claim rights — it just means they get notified if your policy lapses, which is how the leasing office verifies you stay insured.

One thing to watch for: when you purchase your policy, most carriers have a field where you add the property as an interested party — skip that step and your proof may get rejected. It takes 30 seconds during checkout. Start a quote to see which carriers handle this automatically.

What Affects Your Premium Here

Every building is different. These factors specific to Elara at the Market Apartments can push your insurance cost up or down:

Gated Community

Gated access reduces theft risk — may qualify for security discount

Controlled Access

Electronic/key fob entry — reduces unauthorized entry risk

Dog-Friendly

Dogs allowed — consider higher liability coverage

FEMA Flood Zone

Zone X — minimal flood risk

FBI UCR

Property crime rate: 4607/100K (192% above national average)

What You'll Likely Pay

$13

Est. Monthly

$162

Est. Annual

$12

With Discounts/mo

$15

State Avg/mo

How Much Coverage Makes Sense

Renters insurance has two main pieces: personal property coverage, which pays to replace your belongings if they're stolen or damaged (think furniture, electronics, clothes), and liability coverage, which protects you if someone gets hurt in your unit or you accidentally damage someone else's property. Here's what we'd recommend for Elara at the Market Apartments based on the rent level and building features.

Personal Property

What your stuff is worth

$30,000 recommended

If you own less

$20,000

If you own more

$50,000

Liability

Covers accidental harm & lawsuits

$300,000 recommended

Dog-friendly community — higher liability recommended for pet-related incidents

How Carriers Compare for This Area

Not all carriers price the same zip code equally. Here's how the major options stack up near Elara at the Market Apartments:

Carrier Monthly Annual
Lemonade $9/mo $106/yr
USAA $10/mo $119/yr
State Farm $13/mo $159/yr
Progressive $14/mo $172/yr
Safeco $14/mo $172/yr
Travelers $15/mo $185/yr
Allstate $17/mo $198/yr
Nationwide $17/mo $198/yr
Farmers $18/mo $211/yr
Liberty Mutual $20/mo $238/yr

Discounts You May Qualify For

Gated community
-5%
Controlled access
-3%
Claims-free (if applicable)
-10%
Pay-in-full annual
-7%
Paperless/autopay
-3%
Multi-policy bundle
-10%

Next Step

See if you can beat $12/mo

6 discounts may apply here. Real quotes show your actual price — estimates can't.

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Property Crime & Theft Risk

Renters insurance pricing is driven by property crime — theft, burglary, and vehicle break-ins — not violent crime. Here's what the FBI's Uniform Crime Reporting data shows for Seattle.

Seattle property crime rate

4,607

per 100K residents

192% above U.S. avg

U.S. avg is 1,578 per 100K

Breakdown per 100K residents

Burglary
996 / 200
Larceny / theft
2,832 / 1,172
Vehicle theft
778 / 206

U.S. average

Higher-than-average property crime is why insurance carriers charge more in this zip code — your premium reflects the claims frequency for the area. Elara at the Market Apartments also has on-site security features (Package service, Controlled access, Property manager on site, Gated, Package lockers, Covered parking) that insurers recognize with discounts.

Source: FBI UCR Program, Seattle (2024-12 to 2025-11)

On-Site Security

Package service Controlled access Property manager on site Gated Package lockers Covered parking

Natural Hazards & Your Renters Coverage

Earthquakes are the one natural hazard worth thinking about for renters at this address. USGS rates seismic risk here as high — high enough that a separate earthquake endorsement (typically $50–$150 a year) is worth pricing in. Standard renters insurance covers most other natural-hazard damage by default, but earthquake shaking is a near-universal exclusion.

Flood damage

FEMA's flood-zone classification for this address is low-risk, which means the federal government doesn't expect significant flooding here under typical conditions. A standard renters policy still excludes flood damage, but a separate flood policy is hard to justify economically when the underlying risk is low. The zone label is below for the record.

FEMA Zone X (Area Of Minimal Flood Hazard) — Minimal flood risk

Flood insurance optional but inexpensive in this zone.

Flood zone data from FEMA National Flood Hazard Layer (NFHL). Zones can change — verify at FEMA Flood Map Service.

Earthquake shaking

USGS classifies the ground here as high seismic hazard — at this rating, building codes assume designers planned for significant ground motion. The structure is the landlord's problem; damage to your possessions during a quake is yours alone, and a standard renters policy excludes it. An earthquake endorsement (typically $50–$150 a year for renters) closes that specific gap.

High seismic hazard · ground motion 0.77g

A renters earthquake endorsement covers personal property only and runs roughly $50–$150 a year — structural damage is the landlord's responsibility.

Hazard data from USGS National Seismic Hazard Model. The ground-motion figure is the level USGS expects to be exceeded with about 2% probability over a 50-year horizon — the standard reference used in building codes.

Severe weather you'd actually claim for

NOAA's severe-weather record for King County is on the calmer end of the national distribution — modest activity across most categories. Whatever does happen, your renters policy already covers it (wind, hail, lightning damage to your possessions). The five-year averages are below.

Source: NOAA Storm Events Database, annual averages from the past five years for King County. Counts reflect reported events, not damage amounts.

Most renters here add one targeted endorsement to a standard policy. The cost is modest, the benefit is concentrated on the one thing the base policy doesn't reach.

2134 Western Ave, Seattle, WA 98121

Downtown Seattle

Built 2018 8 stories 150 units
4.6/5 ·184 reviews Google
5/5 ·20 reviews Apt. Finder
$1,597 – $4,095 /month

Monthly Cost Breakdown at Elara at the Market Apartments

The listed rent isn't the whole number. Here's what Elara at the Market Apartments actually costs each month once you add required fees and insurance.

Total Monthly Cost $1,623 – $4,121
Base Rent $1,597 – $4,095
Required Monthly Fees $13
Est. Renters Insurance $13/mo

Fees Beyond Rent

These are the additional charges beyond base rent at Elara at the Market Apartments. Some are monthly, some are one-time — all of them affect your actual cost of living here.

Required Fees

Pest Control Services

Amount for pest control services. Charged per unit.

$2 / mo

Utility - Billing Administrative Fee

Amount to manage utility services billing. Charged per unit.

$5 / mo

Utility - Gas

Usage-Based (Utilities).Amount for provision and consumption of natural gas. Charged per unit.

Varies / mo

Trash Services - Hauling

Amount for shared trash/waste services. Charged per unit.

Varies / mo

Utility - Electric - Third Party

Usage-Based (Utilities).Amount for provision and consumption of electric paid to a third party. Charged per unit. Payable to 3rd Party

Varies / mo

Utility - Water/Sewer

Usage-Based (Utilities).Amount for provision and/or consumpt ion of water and sewer services Charged per unit.

Varies / mo

Renters Liability Insurance - Third Party

Amount for renters liability insurance obtained through resi dent's provider of choice. Charged per leaseholder. Payable to 3rd Party

Varies / mo

Holding Deposit (Refundable)

Amount to hold rental home off the market at time of applica tion. Amount applied to security deposit and/or amounts owed upon application approval. Refundable per terms of application. Charged per unit.

$300

Application Fee

Amount to process application, initiate screening, and take a rental home off the market. Charged per applicant.

$42

Security Deposit (Refundable)

Amount intended to be held through residency that may be app lied toward amounts owed at move-out. Refunds processed per application and lease terms. Charged per unit.

$300

Pets Fees

Pet Deposit (Refundable)

We welcome up to 2 pets per apartment home. There is a refun dable $300 pet deposit and a pet rent of $50. There is no weight limit and breed restrictions apply. Please call our leasing office for complete Pet Policy.

$300

Pet Rent

Max of 2. Monthly amount for authorized pet. Charged per pet

$50 / mo

Parking Fees

Parking Fee

Max of 1. Amount for garage parking space/services. May be s ubject to availability. Charged per rentable item.

$275 / mo

Parking Fee

Max of 1. Amount for electric vehicle space; reserved or pay -per-use station. May be subject to availability. Charged per rentable item.

$325 / mo

Garage Lot

Based on availability and size of parking space

Optional Add-On Fees

Common Area/Clubhouse Rental

Amount to rent a shared common area space, including clubhou se. May be subject to availability. Charged per unit.

$100 / occurence

Situational Fees

Appliance-Related Charge

Amount related to rental home appliance upgrades, rental, or replacements/parts. Charged per rentable item.

$100 / mo

Positive Credit Reporting Services

Amount to send positive payment history to credit reporting agency(ies); per person. Charged per leaseholder. Payable to 3rd Party

$6.95 - $10.95 / mo

Late Fee

Amount for paying after rent due date; per terms of lease. Charged per unit.

$10 / occurence

Renters Liability Only - Non-Compliance

Amount for not maintaining required Renters Liability Policy Charged per unit.

$15 / occurence

Access Device - Replacement

Amount to obtain a replacement access device for community; fobs, keys, remotes, access passes. Charged per device.

$5 - $75 / occurence

Lease Violation - Trash

Amount for violation of waste-related community policies. C harged per unit.

$50 / occurence

Pet/Animal - Lease Violation

Amount for violation of community policies related to pet or assistance animal. Charged per unit.

$50 / occurence

Utility - Vacant Processing Fee

Amount for failing to transfer utilities into resident name. Charged per unit.

$50 / occurence

Returned Payment Fee (NSF)

Amount for returned payment. Charged per unit.

$75 / occurence

Lease Buy Out

Amount agreed upon by resident to terminate lease early and satisfy lease terms; additional conditions apply. Charged per unit.

300% of base rent / occurence

Reletting Fee

Marketing fee related to early lease termination; excludes r ent and other charges. Charged per unit.

85% of base rent / occurence

Utility - Vacant Cost Recovery

Usage-Based (Utilities).Amount for utility usage not transfe rred to resident responsibility any time during occupancy. Charged per unit.

Varies / occurrence

Security Deposit - Additional (Refundable)

Additional amount, based on screening results, intended to b e held through residency that may be applied toward amounts owed at move-out. Refunds processed per application and lease terms. Charged per unit.

Varies one-time

Pet Policy

Bringing a pet? Here's what Elara at the Market Apartments allows — and keep in mind, if you have a dog, most insurance advisors recommend bumping your liability coverage to at least $300,000. Standard renters policies cover pet-related incidents, but the default $100,000 limit may not be enough if something happens.

Cats and Dogs Allowed
$300 Deposit
$50 Monthly Pet Rent
2 Pet Limit

About Elara at the Market Apartments

Year Built: 2018
Stories: 8 stories
Units: 150
Phone: (206) 483-2304

From the property listing:

Exquisite views. Enviable amenities. Energy efficient. Simply put, Elara at the Market has it all. Our Studio, 1 Bedroom, 2 Bedroom and Penthouse apartment homes offer open floor plans with modern appliances and upscale amenities to simplify your life. Our community is also pursuing LEED Gold certification, which means we’ve integrated energy and water-saving measures to help our environment. But what truly sets us apart are our extravagant amenities, from our Rooftop Deck, to our Wine Bar, Fitness Center, Bike Room, and even our Guest Suite.

Frequently Asked Questions

Does Elara at the Market Apartments require renters insurance?
We found specific coverage details on the Elara at the Market Apartments website — these likely reflect lease requirements, but confirm with the leasing office. Even if it's not required, a policy typically runs under $20/month and covers you against theft, fire, and liability.
How much is renters insurance at Elara at the Market Apartments?
For this zip code and building type, expect to pay around $13/month ($162/year). Elara at the Market Apartments has security features that qualify for discounts — with those applied, you could pay as little as $12/month. For context, the statewide average is $15/month, so this building is below average.
What will I actually pay per month at Elara at the Market Apartments?
Plan for $1,623 to $4,121/month all-in. That's base rent ($1,597 – $4,095), plus $13/month in required fees (trash, utilities, etc.), plus roughly $13/month for renters insurance. Most apartment listing sites don't include those last two — so the sticker price can be misleading.
Does Elara at the Market Apartments allow pets?
Yes, Elara at the Market Apartments is pet-friendly. Here are the details: Cats and Dogs Allowed. $300 Deposit. $50 Monthly Pet Rent. 2 Pet Limit. If you have a pet, keep in mind that most renters insurance policies cover pet liability — but you may want to increase your liability limit, especially for larger breeds.
How safe is the area around Elara at the Market Apartments?
Property crime in Seattle runs noticeably higher than the national average — 4,607 incidents per 100,000 residents versus the U.S. average of 1,578. That's the metric insurance carriers care about most for renters coverage, since property crime (theft, burglary, vehicle break-ins) drives most claims. Burglary specifically is 996/100K here. On the property itself, you'll find package service, controlled access, property manager on site, gated — features that can qualify for premium discounts.
What floor plans does Elara at the Market Apartments offer?
There are 44 floor plans to choose from, spanning 1-bedroom, 2-bedroom, studio layouts. Rent ranges from $1,597 – $4,095. Your unit size can affect your insurance cost too — a larger unit typically means more belongings to cover.
Is SafeButler affiliated with Elara at the Market Apartments?
No. SafeButler is not affiliated with Elara at the Market Apartments or its leasing office, property management, or owner — this page is not the official renters insurance page from Elara at the Market Apartments. SafeButler is an independent renters insurance comparison platform; the information shown here is compiled from public sources and renter quote data, not from Elara at the Market Apartments directly. For lease, payment, or maintenance questions, contact the Elara at the Market Apartments leasing office.
What is SafeButler and how does it work for Elara at the Market Apartments renters?
SafeButler helps renters at Elara at the Market Apartments compare renters insurance options for their lease. On this page, renters can find lease-required coverage minimums where available, an estimated monthly premium for this address, the property's risk profile (crime and flood zone), and any discounts that apply to the building — then compare carriers side by side to find appropriate coverage levels. For renters at Elara at the Market Apartments in Seattle, WA, SafeButler can compare price, coverage, deductible options, and any lease-required coverage minimums in a single flow. SafeButler may show quotes from carriers such as Lemonade and Liberty Mutual where available. SafeButler does not sell insurance directly and is not tied to one insurance company, so renters can choose the option that best fits their needs.

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Disclaimer

The information on this page — including rent prices, fees, floor plans, amenities, insurance requirements, and safety data — is collected from publicly available sources and may not reflect the most current details. Apartment communities may update their offerings, policies, and pricing at any time. Always confirm details directly with the leasing office or the community's official website before making any decisions.

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