Are you searching for a new apartment in West Seattle with strong walkability and modern amenities? Keystone Apartments keeps showing up in that search. It’s a relatively new addition to the Delridge neighborhood. This 74-unit community combines fresh construction with a mix of market-rate and income-restricted units. That gives renters more than one path to call it home.
This guide covers everything you need to know about Keystone Apartments in 2026. You’ll find current pricing, floor plans, amenities, and pet policies. We’ll also cover the neighborhood, nearby transit options, and an important note about the building’s affordable housing program.
Quick Answer
Keystone Apartments sits at 9208 20th Ave SW in Seattle’s Delridge neighborhood, ZIP code 98106. The community offers studio through two-bedroom floor plans, ranging from 349 to 699 square feet. Rent generally runs between $1,199 and $2,579 per month, depending on unit size and current promotions. The building includes 74 total units. Fifty-nine units rent at market rate, and 15 are rent-restricted through Seattle’s Multifamily Tax Exemption program. Amenities include an elevator, on-site laundry, a fitness center, bike storage, and a rooftop deck. The property earns a Walk Score of 84, making it Very Walkable by national standards.
About Keystone Apartments
Keystone Apartments opened as new construction, designed by the architecture firm Atelier Drome. The building sits in Seattle’s South Delridge area, part of the broader West Seattle peninsula. As a newer development, it offers modern finishes and building systems that older Seattle apartment stock often can’t match. That includes an elevator and contemporary in-unit appliances.
The property totals 74 units. Of those, 59 rent at standard market rates. The remaining 15 fall under Seattle’s Multifamily Tax Exemption program, commonly known as MFTE. That program matters a lot if affordability is part of your search. We’ll cover exactly how it works later in this guide. Bonavista Real Estate Management oversees the property. The company was formed in 2011, and it focuses specifically on multi-family and mixed-use property management across the region.
Ground-floor commercial space exists within the building as well, positioned along Delridge Way SW. That kind of mixed-use design brings small businesses and services directly into the building’s footprint. It adds convenience for residents without requiring a drive or long walk.
Floor Plans and Pricing in 2026
Keystone Apartments offers a range of layouts, from efficient studios up to two-bedroom, two-bathroom units. Square footage spans from 349 square feet on the smaller studio units up to 699 square feet for the larger two-bedroom layouts. That range gives you real flexibility. It works whether you’re a single renter prioritizing affordability, or a couple who wants a bit more breathing room.
As of mid-2026, rent generally falls between $1,199 and $2,579 per month. Some listings show floor plans starting around $1,280. Pricing varies by exact unit, floor level, and current leasing promotions. Confirm availability directly with the leasing office before assuming a specific number applies to your preferred layout.
Current promotions have included some genuinely significant concessions. Some listings advertise up to 10 to 12 weeks free on select homes. This typically applies to renters who tour and apply quickly, particularly within 10 days of touring. These kinds of move-in specials shift often. Treat any specific offer as time-sensitive rather than a permanent feature of the property.
Utilities generally run separately from base rent. Based on typical monthly costs reported for the property, expect water around $81, sewer around $82, cable around $20, and internet around $35. These figures can shift based on usage and current provider rates, though. Confirm the exact utility structure with the leasing office. Some buildings bundle certain utilities into a flat monthly fee instead of billing separately.
Understanding the MFTE Rent-Restricted Units
This is one of the most important details to understand if you’re considering Keystone Apartments. It’s worth taking seriously. Fifteen of the building’s 74 units fall under Seattle’s Multifamily Tax Exemption program. This program, run through the Seattle Office of Housing, gives property owners a tax exemption in exchange for renting a portion of their units at reduced rates. Those reduced rates go to income-qualified households.
To qualify for one of these rent-restricted units, your household income typically needs to fall below a certain percentage of the area median income. Specific limits vary based on program rules and unit size. The program recently transitioned to an updated version, known as MFTE Program 7. This update took effect in November 2025, and it adjusted several rules around rent and income limits for participating units.
Do you think you might qualify for an MFTE unit at Keystone? Ask the leasing office directly about current availability and income requirements. These units typically fill through a specific application and income-verification process. This process runs separate from the standard market-rate leasing process, so plan for some additional paperwork if you go this route.
Amenities and In-Unit Features
Keystone Apartments offers a solid amenity package for a mid-sized community. Building-wide features include an elevator, which matters if you’re looking at upper-floor units. You’ll want to avoid stairs with groceries or furniture. On-site laundry facilities serve residents who don’t have in-unit washer and dryer connections. Bike storage accommodates residents who commute by bicycle or simply want secure storage for recreational rides.
A fitness center and rooftop deck round out the shared amenity spaces. The rooftop deck in particular offers a genuine draw in a dense urban neighborhood like Delridge. It gives residents outdoor space without needing a private yard, which most apartment buildings in this part of Seattle simply don’t offer.
Inside individual units, you’ll typically find a dishwasher, garbage disposal, microwave, and refrigerator as standard kitchen features. Many units also include a washer and dryer hookup. This gives renters the option to install their own machines if they prefer in-unit laundry over the shared facility. Private patios or balconies come with select units as well, adding outdoor space directly off your living area.
Pet Policy
Keystone Apartments welcomes both cats and dogs, allowing a maximum of two pets per household. Expect a pet deposit around $300, along with a monthly pet rent that typically runs around $50. Exact figures can vary, so confirm them directly with the leasing office before you sign a lease.
Breed restrictions apply here, which is worth knowing before you bring a specific dog breed into your search. Restricted breeds commonly include German Shepherds, American Pit Bull Terriers, Huskies, Dobermans, Mastiffs, Great Danes, Rottweilers, and Staffordshire Terrier variants, among others. Do you own one of these breeds? Confirm current policy directly with the property, since breed restriction lists occasionally get updated by property management or insurance requirements.
Neighborhood and Walkability
Keystone Apartments sits in Seattle’s Delridge neighborhood, a part of West Seattle that has seen significant new development in recent years. The property earns a Walk Score of 84, which lands it in the Very Walkable category. That means most daily errands don’t require a car. Transit Score comes in at 61, rated as Good Transit. Bike Score reaches 70, landing in the Very Bikeable range.
Everyday convenience stands out in this neighborhood. Nearby options include a Walgreens for pharmacy needs, along with local spots like Boss Burger, a nearby 7-Eleven, and Beer and Wine Source for grocery basics. Cartwheel Vintage & Consign and Angle Lake Cyclery add local retail character to the immediate area. This gives the neighborhood a lived-in, community feel rather than a purely commercial corridor.
Freeway access adds another practical advantage. Residents can reach WA-509 and WA-99 fairly easily, with I-5 also within reasonable driving distance. That connectivity matters if your commute takes you into downtown Seattle, SeaTac, or other parts of the broader metro area. West Seattle’s geography can otherwise create bottlenecks during peak travel times.
Delridge itself has changed considerably over the past several years. The neighborhood has seen a wave of new multifamily construction, community investment, and small business growth, transforming it from a quieter residential pocket into a more active, amenity-rich part of West Seattle. Longtime residents and newcomers alike have noted the shift, and buildings like Keystone represent part of that broader neighborhood evolution.
Schools in the Area
Keystone Apartments falls within the Seattle Public Schools district. Exact school assignments depend on your specific address and current district boundary maps. Confirm assigned schools directly with the district if you’re relocating with school-age children. Seattle Public Schools periodically adjusts boundaries, so even nearby buildings can sometimes fall into different attendance zones.
Is Keystone Apartments Right for You?
This community works particularly well for renters who want newer construction, strong walkability, and a genuine mix of pricing options within a single building. The presence of MFTE units alongside standard market-rate apartments gives Keystone a broader range of renters it can serve. That range runs from budget-conscious individuals who qualify for income-restricted housing, to renters comfortable paying closer to market rate for a larger two-bedroom layout.
Do you work in downtown Seattle, or need reasonably quick freeway access? The location offers a genuine practical advantage over some more remote parts of West Seattle. Families should confirm school assignments early, given how district boundaries can shift. Pet owners should double-check breed restrictions before committing, especially if they own a dog on the commonly restricted list.
For a broader look at how Keystone stacks up against other West Seattle communities, check out our complete guide to apartments in West Seattle. That guide compares pricing, amenities, and commute times across several nearby properties in the Delridge and Admiral districts.
Budgeting Tips for Renters in This Area
Seattle rent runs higher than the national average, so it helps to plan your budget carefully before committing to a lease anywhere in the city. Start by calculating your target rent as roughly 30 percent of your gross monthly income. That keeps housing costs manageable alongside other expenses like transportation, groceries, and savings goals.
Don’t forget to factor in costs beyond the base rent figure. Utilities, renters insurance, and pet fees can add a meaningful amount to your total monthly housing cost. Ask the leasing office for a full breakdown of all fees before you sign anything. Some communities bundle certain utilities into rent, while others bill them separately, so getting a clear, itemized answer upfront avoids budget surprises after you’ve already moved in.
Building Design and Construction Quality
Newer construction brings real practical advantages that older Seattle apartment buildings often can’t match. Modern building codes require updated insulation standards, improved fire safety systems, and better overall energy efficiency than buildings constructed decades earlier. That translates into lower utility costs and a more comfortable living environment across all seasons, which matters given Seattle’s mix of wet winters and increasingly warm summers.
Atelier Drome, the architecture firm behind Keystone Apartments, has designed several multifamily projects across the Seattle area, often focusing on efficient layouts that maximize usable space within compact footprints. That design philosophy shows up in the building’s approach to smaller studio units, which manage to include full kitchens and reasonable storage despite starting under 400 square feet.
Frequently Asked Questions
How much does it cost to rent at Keystone Apartments?
Rent typically ranges from around $1,199 to $2,579 per month as of mid-2026, depending on unit size and current promotions. Some floor plans have started as low as $1,280, so confirm current pricing directly with the leasing office for your preferred layout.
What are the MFTE units at Keystone Apartments?
Fifteen of the building’s 74 units fall under Seattle’s Multifamily Tax Exemption program, offering reduced rent to income-qualified households. Eligibility depends on household income relative to the area median income, and interested renters should contact the leasing office directly to check current availability and requirements.
Are pets allowed at Keystone Apartments?
Yes, both cats and dogs are welcome, with a maximum of two pets per household. Expect a pet deposit around $300 and monthly pet rent around $50, along with certain breed restrictions that apply to specific dog breeds.
What floor plans does Keystone Apartments offer?
The community offers studio through two-bedroom, two-bathroom floor plans, ranging from 349 to 699 square feet. This range accommodates both single renters looking for an efficient layout and small households needing more space.
How walkable is the Keystone Apartments neighborhood?
The property earns a Walk Score of 84, rated Very Walkable, along with a Transit Score of 61 and a Bike Score of 70. Nearby amenities include pharmacies, grocery options, and local retail within easy walking distance.
Does Keystone Apartments include utilities in the rent?
Utilities typically run separately from base rent. Estimated monthly costs include around $81 for water, $82 for sewer, $20 for cable, and $35 for internet, though these figures can vary based on usage and current provider rates.
What amenities does Keystone Apartments include?
Amenities include an elevator, on-site laundry facilities, a fitness center, bike storage, and a rooftop deck. In-unit features commonly include a dishwasher, garbage disposal, microwave, refrigerator, and washer and dryer hookups in many units.
What school district serves Keystone Apartments?
The property falls within the Seattle Public Schools district. Exact school assignments depend on current district boundaries, so confirm specific school assignments directly with the district if you’re relocating with children.
Final Thoughts
Keystone Apartments offers a genuinely appealing package for renters targeting West Seattle’s Delridge neighborhood. It combines newer construction, strong walkability, and a real mix of pricing options through both market-rate and MFTE units. The amenity list holds up well for a mid-sized community. The location provides practical freeway access without sacrificing the walkable, neighborhood feel that draws many renters to this part of Seattle in the first place.
As always, confirm current pricing, availability, and any active move-in promotions directly with the leasing office before making a decision. Concessions and unit availability shift frequently in Seattle’s competitive rental market.