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Seattle Metro Report: March 2019

The Zumper Seattle Metro Report analyzed active listings in February 2019 across 20 metro cities to show the most and least expensive cities and cities with the Fastest Growing Rents. The Washington state one bedroom median was $1,290 last month.

Cities Ranked By Rent

The Most Expensive

–Bellevue, WA saw rent drop $10 to $2,020 but continue to rank as the priciest city in the metro.

–Seattle, WA rent remained the second most expensive at $1,970.

–Redmond, WA was third with one bedrooms priced at $1,860.

The Least Expensive

-Marysville, WA ranked as the most affordable city with rent at $910.

–Lakewood, WA saw rent drop $20 to an even $1,000 but stay the second least expensive city.

–University, Place, WA was third with one bedrooms priced at $1,030.

Growth Rate

The Fastest Growing (Y/Y%)

–Tacoma, WA had the fastest growing rent since this time last year, up 15.7%.

–University, Place, WA was second with rent climbing 13.2%.

–Seattle, WA rounded off the top 3 fastest growing rents with one bedrooms jumping 9.4%.

Full Data

  1 Bedroom  2 Bedrooms  
Pos.CityPriceM/M %Y/Y %PriceM/M %Y/Y %
1Bellevue$2,020-0.50%3.10%$2,3500.00%7.80%
2Seattle$1,9701.50%9.40%$2,6301.20%10.00%
3Redmond$1,8600.00%5.10%$2,3504.90%8.80%
4Kirkland$1,810-1.10%-4.20%$2,1601.40%-1.80%
5Sammamish$1,6500.00%8.60%$1,8001.10%-2.20%
6Bothell$1,5801.30%2.60%$1,8702.70%8.10%
7Renton$1,4200.70%0.70%$1,7300.60%6.80%
8Edmonds$1,3800.00%1.50%$1,6300.60%-15.10%
9Lynnwood$1,350-2.20%-4.30%$1,680-0.60%15.10%
10Kent$1,3403.90%8.10%$1,4900.00%4.90%
11Shoreline$1,3301.50%2.30%$1,720-1.70%3.60%
12Burien$1,2900.00%0.00%$1,6101.30%15.00%
13Tacoma$1,2500.00%15.70%$1,530-1.90%15.00%
14Everett$1,2202.50%8.90%$1,4201.40%7.60%
15Federal Way$1,190-0.80%5.30%$1,430-3.40%3.60%
16Puyallup$1,1800.00%6.30%$1,4904.90%13.70%
17Auburn$1,0400.00%6.10%$1,380-0.70%3.80%
18University Place$1,0300.00%13.20%$1,2800.00%13.30%
19Lakewood$1,000-2.00%2.00%$1,2600.00%4.10%
20Marysville$9100.00%-8.10%$1,2700.00%10.40%

About

The Zumper Seattle Metro Report analyzed active listings that hit the market last month. Listings are aggregated by city to calculate median asking rents.

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The post Seattle Metro Report: March 2019 appeared first on The Zumper Blog.



This post first appeared on The Zumper Blog | Rental Market Trends, Real Estat, please read the originial post: here

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Seattle Metro Report: March 2019

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