We toured one of Seattle's most expensive rental properties.

$4,500 a month rents a 3-bedroom new home in Fremont.

According to rental listings on Zillow, that's the third-highest rental property available in the Fremont neighborhood.

The most expensive rental in the city tops more than $16,000 on 16th Avenue Northeast, also according to Zillow's listings.

The Fremont home is owned by investor Doug Elburn, who said he expects to sign a 3-month to 2-year lease for a tenant who would otherwise consider staying in a fancy hotel.

Gallery: Expensive home in Fremont