{"id":38371,"date":"2019-01-02T12:54:00","date_gmt":"2019-01-02T20:54:00","guid":{"rendered":"http:\/\/www.kentreporter.com\/news\/kent-apartment-rents-up-for-third-consecutive-month\/"},"modified":"2019-01-02T12:54:00","modified_gmt":"2019-01-02T20:54:00","slug":"kent-apartment-rents-up-for-third-consecutive-month","status":"publish","type":"post","link":"https:\/\/www.kentreporter.com\/news\/kent-apartment-rents-up-for-third-consecutive-month\/","title":{"rendered":"Kent apartment rents up for third consecutive month"},"content":{"rendered":"

Apartment rents increased in December in Kent for the third consecutive month and are up 4.6 percent compared to December 2017.<\/p>\n

Rents increased 0.5 percent in December compared to November, according to apartmentlist.com<\/a>. Median rents in Kent stand at $1,460 for a one-bedroom apartment and $1,820 for a two-bedroom.<\/p>\n

This is the third straight month that the city has seen rent increases after a decline in September. Kent’s year-over-year rent growth leads the state average of 1.1 percent, as well as the national average of 0.9 percent.<\/p>\n

Over the past month, Marysville has seen the biggest rent drop in the Seattle-Tacoma-Everett metro area, with a decline of 4 percent. Median two-bedrooms there cost $1,640, while one-bedrooms go for $1,320.<\/p>\n

Bellevue has the most expensive rents of the largest cities in the metro area, with a two-bedroom median of $2,320; rents went down 0.5 percent over the past month but rose 3.5 percent over the past year.<\/p>\n

Lakewood has the least expensive rents in the metro area, with a two-bedroom median of $1,450; rents fell 0.1 percent over the past month but rose 3.8 percent over the past year.<\/p>\n

Rents increased slightly in other cities across the state. For example, rents have grown by 1.7 percent in Vancouver and 0.4 percent in Spokane.<\/p>\n

Renters will generally find more expensive prices in Kent than most large cities. Spokane has a median two-bedroom rent of $880, where Kent is more than twice that price.<\/p>\n","protected":false},"excerpt":{"rendered":"

December rates up 4.6 percent from same month in 2017 <\/p>\n","protected":false},"author":538,"featured_media":38372,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,4],"tags":[],"yst_prominent_words":[],"class_list":["post-38371","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-home","category-news"],"_links":{"self":[{"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/posts\/38371"}],"collection":[{"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/users\/538"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/comments?post=38371"}],"version-history":[{"count":0,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/posts\/38371\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/media\/38372"}],"wp:attachment":[{"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/media?parent=38371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/categories?post=38371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/tags?post=38371"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/yst_prominent_words?post=38371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}