For the fourth-consecutive month, Seattle stays ranked 10th on Zumper's National Rent Report for major U.S. cities. Even though we kept the same ranking, the median 1-BR rent actually went down 2.4 percent to $1,600/month while median 2-BR rent also dropped 6.6 percent to $2,140/month. Both of those numbers mark a contract from the previous month, which saw rises on both numbers.
When the list is expanded beyond major cities, Bellevue reclaims it's spot as the most expensive 1-BR rental in the region ($1,770/month). It's followed by Kirkland ($1,640), Redmond ($1,610), Seattle and Renton ($1,210). Seattle's Central Business District (Downtown) makes the list of most expensive neighborhoods with a median 1-BR rent of $2,552/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 May were seeing.
· Zumper National Rent Report: June 2015 [Zumper]
· Seattle Still 10th Most Expensive City to Rent in America [CS]