Monthly apartment rent and rental growth in Seattle, WA, 2018-2023
Renters paid about 1,976 U.S. dollars in Seattle, Washington, for one- and two-bedroom apartments at the end of 2023. The median rent decreased almost 20 percent between January 2020 and January 2021, but this trend quickly reversed and as of December 2021, the annual rental growth amounted to almost 24 percent. Among the different states in the U.S., Washington ranks asĀ one of the more expensive rental markets in 2023.