Seattle Rental Market Vacancy Rates & Rent Updates

Property Management Services in Seattle

apt_for_rentGood news for landlords and rental property owners around the Seattle area, Dupre + Scott, surveyed nearly 90 percent of all complexes with 20 or more units and calculated the average rent at $1,103, up 3.7 percent from March and nearly 5 percent from last September. Dupre + Scott also predict that the next few years will produce more units than we have seen in the last 20 years. More information from Dupre + Scott can be found here. Renters looking for units to rent will have a variety of options in Seattle and the surrounding areas, but they may have to pay a little more, but on average Dupre + Scott projects that the rents will eventually flatten out. Because of the large supply of apartments, renters might also see more concessions from landlords trying to fill buildings, free months rent or other perks might be thrown in during the move…

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