Rental market snapshot for Olympic Hills, Seattle
Olympic Hills rental market summary
The rental market in Olympic Hills, Washington is showing signs of growth. In July 2023, there were 58 new listings, a significant increase from the previous month. The median rent for the month of July 2023 was $1,650, a decrease of 2.7% from the previous month, but a 14.3% increase from the same time last year. This suggests that the rental market in Olympic Hills is becoming increasingly competitive, with more people looking for rental properties and landlords offering lower rents to attract tenants.
Overall, the rental market in Olympic Hills is on the rise. With more people looking for rental properties and landlords offering lower rents, the market is becoming increasingly competitive. This is a positive sign for both tenants and landlords, as it means that tenants have more options to choose from and landlords can find tenants more quickly. With the right strategies, both tenants and landlords can benefit from the current rental market in Olympic Hills.
Median rent for all residential properties in Olympic Hills
Get the latest rental data first
The most expensive listings and top trending buildings in Olympic Hills
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 2801 NE 130th St | $3,350 | 2 / 2.5 |
| 14340 22nd Ave NE | $3,200 | 3 / 1.0 |
| 3025 NE 130th St | $3,109 | 3 / 2.0 |
| 12510 15th Ave NE | $2,995 | 2 / 2.0 |
| 12527 27th Ave NE | $2,995 | 3 / 3.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Thrive | $2,097 |
| ConAm Management | $1,774 |
| 11Residential Inc. | $1,645 |
| Atlas Management | $1,598 |
Get the latest rental data first
Bedroom Breakdown in Olympic Hills
Olympic Hills neighborhood apartments rents
The rental market for studios in Olympic Hills, Washington is relatively stable. In July 2023, there was only one new studio listing, and the median rent for studios only decreased by .9% from June 2023 to July 2023, from $1,542 to $1,528. This indicates that the rental market for studios in Olympic Hills is not experiencing any significant changes in terms of availability or pricing.
The rental market for 1-bedroom apartments in Olympic Hills, Washington is relatively stable. In July 2023, there were 12 new 1-bedroom listings, and the median rent for 1-bedroom apartments was $1,636, a decrease of .8% from the median rent in June 2023. This indicates that the rental market is not experiencing any significant changes in the short-term.
The rental market for 2-bedroom apartments in Olympic Hills, Washington is relatively stable. In July 2023, there were 5 new 2-bedroom listings, and the median rent for 2-bedroom apartments increased by only .5% from June 2023 to July 2023, from $2,035 to $2,045. This indicates that the rental market is not experiencing any significant changes in pricing or availability.