GITNUX MARKETDATA REPORT 2024
Statistics About The Average Rent In Seattle
The average rent in Seattle is around $2,200 per month, with a significant increase in recent years due to high demand and limited inventory.
In this post, we will explore a comprehensive overview of the average rent in Seattle, backed by a range of intriguing statistics. From the average rent in the city to specific neighborhood breakdowns, we’ll delve into the current trends and changes in Seattle’s rental market.
Statistic 1
""The average rent for an apartment in Seattle is $2,200.""
Statistic 2
""The neighborhood with the highest average rent in Seattle is Belltown, at $2,800.""
Statistic 3
""Seattle's average studio apartment rent is approximately $1,600.""
Statistic 4
""The average rent in the Queen Anne neighborhood of Seattle is $2,350.""
Statistic 5
""Seattle renters spend an average of 30% of their income on rent.""
Statistic 6
""Rents in Seattle peaked around 2020 and have since stabilized.""
Statistic 7
""The COVID-19 pandemic caused a temporary 5% reduction in Seattle’s average rent prices.""
Statistic 8
""Over the past year, Seattle's average rent has grown by 3.4%.""
Statistic 9
""The University District in Seattle has an average rent of $1,900.""
Statistic 10
""1-bedroom apartments in Seattle have an average rent of $1,850.""
Statistic 11
""Average rent in Capitol Hill, Seattle, is about $2,000.""
Statistic 12
""In the past decade, Seattle’s average rent has increased by approximately 80%.""
Statistic 13
""The fastest-growing rental market in Seattle is West Seattle.""
Statistic 14
""As of 2021, the average rent in Seattle's downtown area is $2,450.""
Statistic 15
""The average rent for a 2-bedroom apartment in Seattle is $2,700.""
Statistic 16
""The average rent for apartments in South Lake Union, Seattle, is $2,900.""
Statistic 17
""The average rental price for a luxury apartment in Seattle is around $3,500.""
Statistic 18
""98% of rental units in Seattle are currently occupied.""
Statistic 19
""Average rent prices in Seattle are higher than the national average by $600.""
Statistic 20
""Last year, Seattle's suburban areas saw an average rent increase of 2.5%.""
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Jannik Lindner
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