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Rental relief? Here's how apartment rents are trending in Seattle
Housing affordability has been a persistent challenge in recent years — for homebuyers and apartment renters alike.
In Seattle, there are signs that rents are headed higher, bucking the national trend.
Median monthly rents in the metro area increased 3.37% last year to $2,093, according to data from Rent.com. In December, rents in Seattle rose 0.57% from the month before as well.
Seattle joins other West Coast cities that saw sizable rent gains in 2023, including Los Angeles (4.06%) and San Jose, California (9.48%).
https://www.bizjournals.com/seattle/news/2024/01/31/in-seattle-residential-rents-are-rising.html