Rental market snapshot for Pioneer Square, Seattle

Pioneer Square rental market summary

The rental market in Pioneer Square, Washington is showing signs of growth. In July of 2023, there were 84 new listings, a significant increase from the previous month. The median rent in July 2023 was $2,280, a slight decrease of .2% from the previous month. However, when compared to the same time period in 2022, the median rent had increased by 12.3%, indicating a strong upward trend in the rental market.

Overall, the rental market in Pioneer Square, Washington is on the rise. With an increase in new listings and a steady increase in median rent, it is a great time to consider renting in the area. With the current market conditions, renters can expect to find competitive prices and a wide selection of properties to choose from.

Median rent for all residential properties in Pioneer Square

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The most expensive listings and top trending buildings in Pioneer Square

Most Expensive Listings

AddressRent PriceBed / Bath
318 1st Ave S$4,2502 / 2.0
521 Stadium Pl S$3,8182 / 2.0
318 1st Ave S$3,7952 / 2.0
318 1st Ave S$3,5702 / 2.0
520 Occidental Ave S$3,3432 / 2.0

Top Trending Buildings

building nameavg rent price
Pillar Properties$2,550
Samis$2,545
Real Property Associates Inc.$2,223

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Bedroom Breakdown in Pioneer Square

Studio
$1,865
MEDIAN RENT
1 Bedroom
$2,450
MEDIAN RENT
2 Bedroom
$3,795
MEDIAN RENT

Pioneer Square neighborhood apartments rents

The rental market for studios in Pioneer Square, Washington is showing signs of growth. In July 2023, there were 8 new studio listings, representing an increase in the number of available rental units. The median rent for studios in July 2023 was $1,865, a 35.2% increase from the median rent in June 2023 of $1,379. This suggests that the rental market for studios in Pioneer Square is becoming more competitive, with higher demand driving up prices.

The rental market for 1-bedroom apartments in Pioneer Square, Washington is showing signs of growth. In July 2023, there were 15 new 1-bedroom listings, representing a 3.4% increase in median rent from June 2023 to July 2023. The median rent for 1-bedroom apartments in July 2023 was $2,450, indicating that the rental market is becoming more competitive. With the influx of new listings, renters in Pioneer Square should have more options when searching for a 1-bedroom apartment.

The rental market for 2-bedroom apartments in Pioneer Square, Washington is showing signs of growth. In July 2023, there were 5 new 2-bedroom listings, representing a 13.2% increase in median rent from June 2023 to July 2023. The median rent for 2-bedroom apartments in July 2023 was $3,795, indicating that the rental market is becoming more competitive. With the increasing demand for 2-bedroom apartments in Pioneer Square, Washington, 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 Pioneer Square is $2,280.
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