Average rent in Seattle has increased by 18.9% compared to the same time last year, according to a report from Apartment List.
For April 2022, the average rent in Seattle for a one-bedroom apartment is $1,681 and $2,097 for a two-bedroom.
The 18.9% increase for Seattle is more than the state average of 17.8%, as well as the national average of 17.1%.
Areas around Seattle all have similar increases, with Bellevue the most expensive, with average rent growth of 20.9% over the past year.
The least expensive rent is in Lakewood, where the two-bedroom average is $1,540.
Over the past month, Tacoma is the only measured city around Seattle that has seen rent fall, with a decline of 0.2%.
Compared to most large cities across the country, Seattle is the least affordable for renters.
The $2,097 rent for a two-bedroom in Seattle is higher than the national average of $1,306.
While Seattle’s 18.9% may appear to be high, other cities have seen higher increases, year over year.
New York City rent grew 33.3%, Phoenix increased 25.4% and Austin, Texas went up 22.6%.
For the complete Apartment List report, click here.
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