Rental market snapshot for Northgate, Seattle

Northgate rental market summary

The rental market in Northgate, Washington is showing signs of growth. In July 2023, there were 61 new listings, a 5.1% increase from the previous month. This is a positive sign for the rental market, as it suggests that more people are looking for housing in the area. The median rent in July 2023 was $1,945, a 3.2% increase from the same time last year. This indicates that the rental market is becoming more competitive, as more people are looking for housing in the area.

Overall, the rental market in Northgate, Washington is showing signs of growth. With more new listings and an increase in median rent, it is clear that the rental market is becoming more competitive. This is a positive sign for the area, as it suggests that more people are looking for housing in the area. As the rental market continues to grow, it is likely that the median rent will continue to increase in the future.

Median rent for all residential properties in Northgate

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The most expensive listings and top trending buildings in Northgate

Most Expensive Listings

AddressRent PriceBed / Bath
10720 5th Ave NE$3,0152 / 2.0
11301 3rd Ave NE$2,9412 / 2.0
10501 8th Ave NE$2,6001 / 1.0
10711 8th Ave NE$2,4742 / 2.0
10501 8th Ave NE$2,3502 / 1.0

Top Trending Buildings

building nameavg rent price
Thrive$2,275
GRE Management LLC$1,776
The Court at Northgate$1,725

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Bedroom Breakdown in Northgate

Studio
$1,790
MEDIAN RENT
1 Bedroom
$1,776
MEDIAN RENT
2 Bedroom
$2,708
MEDIAN RENT

Northgate neighborhood apartments rents

The rental market for studios in Northgate, Washington appears to be relatively stable, with only one new listing in July 2023 and a median rent of $1,790. Unfortunately, no data is available for June 2023, so it is not possible to determine the percent change in rent from June to July. Overall, the rental market for studios in Northgate appears to be relatively steady.

The rental market for 1-bedroom apartments in Northgate, Washington is showing signs of growth. In July 2023, there were 3 new 1-bedroom listings, a 22.5% increase in median rent from June 2023 to July 2023, and a median rent of $1,776. This indicates that the rental market for 1-bedroom apartments in Northgate is becoming more competitive and that demand is increasing.

The rental market for 2-bedroom apartments in Northgate, Washington is showing signs of growth. In July 2023, there were two new 2-bedroom listings, representing an 8.1% increase in rent from June 2023. The median rent for 2-bedroom apartments in July 2023 was $2,708, indicating that the rental market is on the rise. With the increasing demand for 2-bedroom apartments, it is likely that the rental market will continue to grow in the coming months.

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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 Northgate is $1,945.
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