Seattle Rents Ramp Up 1.2% In July

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Seattle rents rose 1.2% in July with median rent now $2,140 as rent growth over the past year has outpaced both state and national averages.

Seattle rents rose 1.2% in July and the median rent in the city is now $2,140, according to the August report from Apartment List.

Seattle’s rent growth over the past year has outpaced both state (1.0%) and national (-0.8%) averages.

Seattle rent growth in 2025 pacing above last year

Seven months into the year, rents in Seattle have risen 6.7%. This is a faster rate of growth compared to what the city was experiencing at this point last year: from January to July 2024 rents had increased 5.5%.

Seattle rents rose 1.2% in July with median rent now $2,140 as rent growth over the past year has outpaced both state and national averages.

July rent growth in Seattle ranked #4 among large U.S. cities

Seattle rents went up 1.2% in the past month, compared to the national rate of 0.0%. Among the nation’s 100 largest cities, this ranks #4. Citywide, the median rent ist $1,997 for a 1-bedroom apartment and $2,492 for a 2-bedroom. Across all bedroom sizes  the median rent is $2,140.

Seattle rents are 4.9% higher than the metro-wide median

Across the Seattle metro area, the median rent is $2,040 meaning that the median price in Seattle proper ($2,140) is 4.9% greater than the price across the metro as a whole. Metro-wide annual rent growth stands at 1.1%, below the rate of rent growth within just the city.

The table below shows the latest rent stats for 20 cities in the Seattle metro area that are included in the Apartment List database. Among them, Sammamish is currently the most expensive, with a median rent of $3,028. Lakewood is the metro’s most affordable city, with a median rent of $1,504. The metro’s fastest annual rent growth is occurring in Lakewood (3.5%) while the slowest is in Kirkland (-3.6%).

Seattle rents rose 1.2% in July with median rent now $2,140 as rent growth over the past year has outpaced both state and national averages.
Seattle rents rose 1.2% in July with median rent now $2,140 as rent growth over the past year has outpaced both state and national averages.

Tacoma year over year rent growth

year over year rent growth in Bellevue

Read the full report here.

 

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