Rental market snapshot for Wallingford, Seattle
Wallingford rental market summary
The rental market in Wallingford, Washington is showing signs of growth. In July 2023, there were 156 new listings, a 7.6% increase from the previous month. This indicates that the rental market in Wallingford is becoming more active. Additionally, the median rent in July 2023 was $2,498, a 5.0% increase from the same time last year. This suggests that rental prices are increasing in Wallingford, which could be due to increased demand for rental properties.
Overall, the rental market in Wallingford appears to be healthy and growing. The number of new listings is increasing, and the median rent is also rising. This could be a sign that the rental market in Wallingford is becoming more competitive, as more people are looking for rental properties. It is likely that rental prices will continue to increase in the near future, as demand for rental properties continues to grow.
Median rent for all residential properties in Wallingford
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The most expensive listings and top trending buildings in Wallingford
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 3529 Burke Ave N | $5,500 | 3 / 3.0 |
| 3915 2nd Ave NE | $5,300 | 3 / 3.0 |
| 3735 Eastern Ave N | $4,900 | 3 / 3.0 |
| 4507 Sunnyside Ave N | $4,795 | 3 / 2.0 |
| 4106 Stone Way N | $4,563 | 2 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| AMLI Residential | $2,860 |
| Greystar* | $2,784 |
| TIAA-CREF - Greystar | $2,764 |
| Mack Property Management | $2,271 |
| Indigo Real Estate | $1,984 |
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Bedroom Breakdown in Wallingford
Wallingford neighborhood apartments rents
The rental market for studios in Wallingford, Washington is showing signs of improvement in July 2023. There are 9 new studio listings, and the median rent has decreased by 10.9% from June 2023 to July 2023, from $1,846 to $1,645. This indicates that the rental market is becoming more affordable for potential tenants, and that there is an increase in the availability of studio apartments.
The rental market for 1-bedroom apartments in Wallingford, Washington is relatively stable. In July 2023, there were 32 new 1-bedroom listings, and the median rent for 1-bedroom apartments was $2,322, only a .4% decrease from the median rent in June 2023. This indicates that the rental market for 1-bedroom apartments in Wallingford is relatively steady, with only minor fluctuations in rent prices.
The rental market for 2-bedroom apartments in Wallingford, Washington is showing signs of growth. In July 2023, there were 14 new 2-bedroom listings, a 32.6% increase in median rent from June 2023 to July 2023, and a median rent of $3,970. This indicates that demand for 2-bedroom apartments is increasing, and that the rental market is becoming more competitive.