Rent prices continue to rise in Seattle after dropping throughout coronavirus pandemic: report
After dropping for months during the coronavirus pandemic, rent prices in Seattle are on the rise once again.
In April, rent prices in Seattle went up by about 3.5% month over month, according to the latest report from ApartmentList. Seattle had the fifth highest increase in rent prices in April compared to the previous month, among the 100 largest cities in the country.
Compared to the same time last year, rent prices in the city are still down nearly 15%. But recent months have indicated they could continue rising in the coming months.
Nationally, rent prices are also going up. Across the country, rents went up by about 1.9% month over month, which was the "largest monthly increase ever in our estimates, going back to the beginning of 2017."
https://www.msn.com/en-us/money/realestate/rent-prices-continue-to-rise-in-seattle-after-dropping-throughout-coronavirus-pandemic-report/ar-BB1g7fLF
