Rental market snapshot for Bitter Lake, Seattle
Bitter Lake rental market summary
The rental market in Bitter Lake, Washington is showing signs of growth. In July 2023, there were 50 new listings, a significant increase from the previous month. The median rent in July 2023 was $1,845, a 5.4% decrease from the previous month. This decrease is likely due to the influx of new listings, creating more competition in the market. However, when compared to the same time last year, the median rent has only decreased by .3%, indicating that the rental market in Bitter Lake is still relatively stable.
Overall, the rental market in Bitter Lake, Washington is showing signs of growth. With more new listings entering the market, the median rent has decreased slightly, creating more competition for renters. Despite this decrease, the median rent is still relatively stable when compared to the same time last year, indicating that the rental market in Bitter Lake is still strong.
Median rent for all residential properties in Bitter Lake
Get the latest rental data first
The most expensive listings and top trending buildings in Bitter Lake
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 341 N 138th St | $2,950 | 3 / 2.5 |
| 10707 Evanston Ave N | $2,895 | 3 / 1.0 |
| 12757 Dayton Ave N | $2,550 | 2 / 1.0 |
| 300 N 130th St | $2,295 | 2 / 1.0 |
| 520 1/2 N 138th St | $2,295 | 1 / 1.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Thrive | $1,655 |
| M & N Holdings | $1,595 |
| Pacific Crest Property Management Inc | $1,495 |
| Indigo Real Estate | $1,378 |
Get the latest rental data first
Bedroom Breakdown in Bitter Lake
Bitter Lake neighborhood apartments rents
The rental market for studios in Bitter Lake, Washington appears to be relatively stable, with only one new studio listing in June 2023 and a median rent of $1,395. Unfortunately, no data is available for May 2023, so it is not possible to determine the percent change in rent from that month. Overall, it appears that the rental market for studios in Bitter Lake is relatively stable and consistent.
The rental market for 1-bedroom apartments in Bitter Lake, Washington is showing signs of growth. In July 2023, there were 5 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,495, a 4.9% increase from the median rent in June 2023. This suggests that the rental market is becoming more competitive, with landlords able to increase their prices due to the increased demand.
The rental market for 2-bedroom apartments in Bitter Lake, Washington in July 2023 is relatively stable. There were 3 new listings in July, and the median rent remained the same at $2,095, indicating no change in rent from June to July. This suggests that the rental market for 2-bedroom apartments in Bitter Lake is relatively steady and that renters can expect to pay the same amount for a 2-bedroom apartment in July as they did in June.