Photo: Curt Smith/Flickr
The median rental price for a one-bedroom in Seattle was $1,600 in December, according to the latest report from Zumper. That number is down three percent from the previous month, but Seattle still held onto its ranking as the 10th most expensive rental market in the country.
Though rents in Seattle were up 1.3 percent year-over-year last month, the past quarter in particular has seen the market soften for one-bedroom apartments. However, two-bedroom rents climbed 1.3 percent from November to December with a new median price of $2,280.
In case you’re curious, here’s a glimpse of what $1,600 apartments look like in the Seattle area today. Not too shabby on the square footage.
$1,600 for this 1,000-square-foot two-bedroom apartment.
$1,600 for this 700-square-foot one-bedroom suite in Capitol Hill.
$1,600 for this newly renovated 869-square-foot one-bedroom unit in Wallingford.
$1,600 for this 650-square-foot one-bedroom waterfront apartment in Kirkland.
$1,600 for this 900-square-foot two-bedroom suite in the Wedgewood neighborhood.
It’s a relatively good time to rent something spacious in Seattle at the start of this New Year. We’ll see where the market takes us next month.