Rental market snapshot for Lake View, Kirkland

Lake View rental market summary

The rental market in Lake View, Washington is showing signs of growth. In July 2023, there were 28 new listings, a significant increase from the previous month. The median rent in July 2023 was $2,725, the same as the previous month. This is a 11.1% increase from the median rent in July 2022, indicating that the rental market is on the rise.

Overall, the rental market in Lake View, Washington is looking positive. With an increase in new listings and a steady median rent, it is a great time to consider renting in the area. With the rental market continuing to grow, it is likely that the median rent will continue to increase in the future.

Median rent for all residential properties in Lake View

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The most expensive listings and top trending buildings in Lake View

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Bedroom Breakdown in Lake View

Studio
$1,815
MEDIAN RENT
1 Bedroom
$2,600
MEDIAN RENT
2 Bedroom
$2,878
MEDIAN RENT

Lake View neighborhood apartments rents

The rental market for studios in Lake View, Washington is relatively stable. In July 2023, there were 3 new studio listings, and the median rent for studios remained nearly the same, increasing by only .8% from June 2023 to July 2023. The median rent for studios in July 2023 was $1,815, which is slightly higher than the median rent in June 2023 of $1,800. This indicates that the rental market for studios in Lake View, Washington is relatively stable and not experiencing any major fluctuations.

The rental market for 1-bedroom apartments in Lake View, Washington is showing signs of growth. In July 2023, there were 8 new 1-bedroom listings, a 15.3% increase in median rent from June 2023 to July 2023, and a median rent of $2,600. 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 Lake View, Washington is showing signs of growth. In July 2023, there were 6 new 2-bedroom listings, which is a 10.8% increase from the previous month. The median rent for 2-bedroom apartments in July 2023 was $2,878, which is a 10.8% decrease from the median rent in June 2023. This indicates that the rental market is becoming more affordable for renters in the area.

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in Lake View is $2,725.
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