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Seattle Drops to 10th Most Expensive City to Rent in America

Seattle has been holding steady as the 8th-most expensive major city in America to rent in for quite a while in Zumper's monthly reports. Now, however, we're starting to fall down the list a little bit. According to Zumper's February rent report, Seattle is now the 10th most expensive city to rent in, behind Miami and Chicago but ahead of San Diego and Philadelphia. Of course, that doesn't necessarily mean local rents are going down. Seattle's median 1-BR rent was $1,630, up 1.9% from the previous month and up 1.2% from the previous quarter. Median 2-BR rent was $2,150, which is actually down 0.5% from January. The median price-per-bedroom of Seattle rentals stayed steady at $1,360 and puts Seattle at fifth-overall in that category.

When the list is expanded beyond major cities, Bellevue had the highest 1-BR rent in the region ($1,780), the 40th-highest rent of any city in America. It was followed by Kirkland ($1,740), Seattle ($1,630) and Redmond ($1,500).
· Zumper National Rent Report: February 2015 [Zumper]
· In Case You Weren't Sure Seattle Rents Were Insane in 2014... [CS]