Rental market snapshot for Downtown, Seattle
Downtown rental market summary
The rental market in Downtown, Washington is showing signs of growth. In July 2023, there were 600 new listings, a significant increase from the previous month. The median rent in July 2023 was $3,050, a slight increase of .2% from the previous month. However, the median rent in July 2023 was 9.1% lower than it was in July 2022, indicating that the rental market is still in a state of recovery.
Overall, the rental market in Downtown, Washington is showing signs of improvement, with an increase in new listings and a slight increase in median rent. However, the market is still in a state of recovery, with the median rent still lower than it was in July 2022. It is likely that the rental market will continue to improve in the coming months, as more people look to rent in the area.
Median rent for all residential properties in Downtown
Get the latest rental data first
The most expensive listings and top trending buildings in Downtown
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 2019 Boren Ave | $15,410 | 3 / 3.0 |
| 2202 8th Ave | $14,908 | 3 / 3.0 |
| 1340 4th Ave | $14,895 | 3 / 3.0 |
| 2019 Boren Ave | $14,690 | 2 / 2.5 |
| 715 2nd Ave | $12,500 | 2 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Greystar Real Estate - National - JPM | $6,030 |
| Zillow Rental Network | $3,431 |
| Weidner Apartment Homes | $3,418 |
| Holland Partner Group | $3,249 |
| Windsor Property Management Co. | $3,223 |
Get the latest rental data first
Bedroom Breakdown in Downtown
Downtown neighborhood apartments rents
The rental market for studios in Downtown, Washington is showing signs of growth in July 2023. There are 25 new studio listings, and the median rent has decreased by 3.3% from June 2023 to July 2023, from $2,183 to $2,112. This indicates that the market is becoming more competitive, with more options available for renters. This could be a great opportunity for those looking for a studio in Downtown, Washington.
The rental market for 1-bedroom apartments in Downtown, Washington is showing signs of growth. In July 2023, there were 134 new 1-bedroom listings, a 1.8% increase in median rent from June 2023 to July 2023. The median rent for 1-bedroom apartments in July 2023 was $2,863, indicating that the market is becoming more competitive. With the influx of new listings, renters in Downtown, Washington have more options to choose from and can find a place that fits their budget.
The rental market for 2-bedroom apartments in Downtown, Washington is showing signs of growth. In July 2023, there were 62 new 2-bedroom listings, a 12.5% increase in rent from June 2023 to July 2023, and a median rent of $4,665. This indicates that the rental market is becoming more competitive and that demand for 2-bedroom apartments is increasing.