Rental market snapshot for Silver Lake, Everett
Silver Lake rental market summary
The rental market in Silver Lake, Washington is showing signs of stability. In July 2023, there were 121 new listings, indicating that the market is still active and vibrant. The median rent for the month of July 2023 was $2,445, which is the same as the median rent in June 2023. This suggests that the rental market is not experiencing any significant changes in prices. Furthermore, when compared to the median rent in July 2022, the median rent in July 2023 has only increased by 1.9%. This indicates that the rental market in Silver Lake is stable and not experiencing any drastic changes in prices.
Overall, the rental market in Silver Lake, Washington appears to be healthy and stable. The number of new listings in July 2023 is a positive sign, and the slight increase in median rent from July 2022 to July 2023 is a sign that the market is not experiencing any drastic changes in prices. This suggests that the rental market in Silver Lake is in a good position and is likely to remain stable in the near future.
Median rent for all residential properties in Silver Lake
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The most expensive listings and top trending buildings in Silver Lake
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 2718 100th St SE | $4,000 | 4 / 2.5 |
| 2014 127th Pl SE | $3,600 | 5 / 3.0 |
| 329 126th St SE | $3,450 | 4 / 3.0 |
| 3726 120th Pl SE | $2,945 | 3 / 2.0 |
| 10816 30th Dr SE | $2,895 | 4 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Zillow Rental Network | $2,133 |
| MG Properties | $1,911 |
| Investment Property Group | $1,718 |
| Weidner Apartment Homes | $1,698 |
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Bedroom Breakdown in Silver Lake
Silver Lake neighborhood apartments rents
The rental market for studios in Silver Lake, Washington appears to be relatively stable, with only one new listing in July 2023 and a median rent of $1,668. Unfortunately, no data is available for June 2023, so it is not possible to determine the percent change in rent from that month. Overall, the rental market for studios in Silver Lake appears to be relatively steady.
The rental market for 1-bedroom apartments in Silver Lake, Washington is showing signs of growth. In July 2023, there were 13 new 1-bedroom listings, a 6.6% increase in median rent from June 2023 to July 2023, and a median rent of $1,871. This indicates that the rental market is becoming more competitive and that demand for 1-bedroom apartments is increasing.
The rental market for 2-bedroom apartments in Silver Lake, Washington is showing signs of growth. In July 2023, there were 15 new 2-bedroom listings, a 2.3% increase in median rent from June 2023 to July 2023, and a median rent of $2,208. This indicates that the rental market is becoming more competitive and that demand for 2-bedroom apartments is increasing.