Last month, we saw Seattle drop in Zumper's National Rent Report from the 8th to the 10th-most expensive major city to rent in America. This month, Seattle stands pat in 10th place again. Even though we kept the same ranking, the median 1-BR rent in town actually dropped 1.8 percent to $1,600/month while median 2-BR rent dropped 4.7 percent to $2,050/month. Seattle's median per bedroom rent in March came in at $1,350, down 0.7 percent from February.
When the list is expanded beyond major cities, Bellevue continues to have the highest median 1-BR rent in the region ($1,790), now the 34th-most expensive place in the nation. Kirkland isn't far behind ($1,700) followed by Seattle and Redmond ($1,450). Seattle's Central Business District is back on the list of most expensive neighborhoods with a median 1-BR rent of $2,496/month.
· Zumper National Rent Report: March 2015 [Zumper]
· Seattle Drops to 10th Most Expensive City to Rent in America [CS]