For the third-consecutive month, Seattle sits at 10th on Zumper's National Rent Report for major U.S. cities. Even though we kept the same ranking, the median 1-BR rent in town actually went up 2.5 percent to $1,640/month while median 2-BR rent rose a whopping 11.7 percent to $2,290/month. Seattle's median per bedroom rent in April came in at $1,400, up 3.7 percent from March.
When the list is expanded beyond major cities, Mercer Island takes over for Belleuve as the most expensive 1-BR rental in the region ($1,800/month). Bellevue comes in right behind it as ($1,750), followed by Kirkland ($1,670) and Seattle. Seattle's Central Business District (Downtown) makes the list of most expensive neighborhoods with a median 1-BR rent of $2,567/month.
As always, Zumper's data is drawn solely from the asking rents for the listings on its site, not all available rentals in Seattle and the surrounding cities. Therefore, it isn't a measure of what all Puget Sounders are paying, but it does offer one look at prices that prospective renters in the market during April were seeing.
· Zumper National Rent Report: April 2015 [Zumper]
· Seattle Remains 10th Most Expensive City to Rent in America [CS]