Seattle Rental Market: November 2022

Looking for a rental?  You’re looking at a good time as rental averages are down from the summer months! Here are some averages you can expect in the coming months:

• Studio Average Rent: $1,425
• 1-Bedroom Average Rent: $1,964
• 2-Bedroom Average Rent: $2,745

Data courtesy of Zumper

Neighborhoods ABOVE the 1-Bedroom Average:

• Ballard
• Downtown
• Eastlake
• South Lake Union

Neighborhoods AROUND the 1-Bedroom Average:

• First Hill
• Montlake
• Phinney Ridge
• Stevens
• Wedgwood

Neighborhoods BELOW the 1-Bedroom Average:

• Columbia City
• Maple Leaf
• Richmond Beach
• University District

Data Courtesy of Zumper and RentCafe

Central District Rental | 2 bd · 1 ba · $2,495 | Listed by: Jane Powers

We are seeing a steep increase in rental prices from Covid times.  However, current averages are trending similarly to Fall of 2019.  Lucky for you, overall averages are coming down from August/September highs, so it’s a good time to sign a lease!

Looking to rent a home or apartment?  Click here to search our easy to use rental map! We have several agents that are pros at navigating the Seattle rental market.  Contact us and we can put you in touch with an agent today!