Bellevue, WA. Photo: Tiffany Von Arnim/Flickr
According to a new Seattle Metro Report from Zumper, at $1,980 per month, rent in suburban Bellevue was the most expensive in the Greater Seattle area during the month of March.
Seattle and Redmond tied for the second priciest city in March, both with rents at $1,810. Waterfront Kirkland surpassed fancy Sammamish to become the 3rd most expensive city with rentals going for $1,700 per month.
If you’re looking for something a bit less expensive, hop on over to Lakewood, where median rent was $750 per month in March, making it the least expensive city to rent in the metro area. Although the least expensive, Lakewood has also had the most significant growth in the last year, with rents going up 11.9 percent.
Rent in University Place decreased $10 to $800 per month, but the area still continued to rank as the second most affordable. Or, if you’re ready to move out to Marysville, the city ranked as the third least expensive to rent at $860 per month.
From March to April, Puyallup, Edmonds and Federal Way saw the fastest month to month growth, increasing 5.2 percent, 5 percent and 4.9 percent, respectively.
Overall, the price of one bedroom units in the Greater Seattle area fell 0.5 percent to a median of $1,810, while two bedroom units dropped 0.8 percent to to $2,400, according to Zumper.
With summer just around the corner, these prices aren’t likely to go down any time soon. Good luck!