apartmentlist.com<\/a>. Kent’s year-over-year rent growth leads the state average of 1.8%, as well as the national average of 1.4%.<\/p>\nThroughout the past year, rent increases have been occurring not just in Kent, but across the entire Seattle-Tacoma metro area.<\/p>\n
Lakewood has the least expensive rents in the Seattle metro, with a two-bedroom median of $1,505; the city has also experienced the fastest rent growth in the metro, with a year-over-year increase of 4.6%.<\/p>\n
Over the past month, Tacoma has seen the biggest rent drop in the metro area, with a decline of 1.1%. Median two-bedrooms there cost $1,562, while one-bedrooms go for $1,254.<\/p>\n
Bellevue has the most expensive rents of the largest cities in the Seattle metro area, with a two-bedroom median of $2,419; rents were up 2.9% over the past year but remained flat month-over-month.<\/p>\n
As rents have increased moderately in Kent, a few large cities nationwide have also seen rents grow modestly. Compared to most large cities across the country, Kent is less affordable for renters.<\/p>\n
Rents increased moderately in other cities across the state, with Washington as a whole logging rent growth of 1.8% over the past year. For example, rents have grown by 2.2% in Spokane and 2.1% in Vancouver.<\/p>\n
Kent’s median two-bedroom rent of $1,848 is above the national average of $1,191. Nationwide, rents have grown by 1.4% over the past year compared to the 2.1% rise in Kent.<\/p>\n
While Kent’s rents rose moderately over the past year, many cities nationwide also saw increases, including Phoenix (+4.0%), Austin (+3.2%), and Boston (+2.3%).<\/p>\n
Renters will generally find more expensive prices in Kent than most large cities. For example, Spokane has a median 2BR rent of $910, where Kent is more than twice that price.<\/p>\n","protected":false},"excerpt":{"rendered":"
Up 2.1 percent compared to same time last year <\/p>\n","protected":false},"author":106,"featured_media":42907,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,4],"tags":[],"yst_prominent_words":[],"class_list":["post-42906","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\/42906"}],"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\/106"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/comments?post=42906"}],"version-history":[{"count":0,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/posts\/42906\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/media\/42907"}],"wp:attachment":[{"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/media?parent=42906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/categories?post=42906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/tags?post=42906"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/yst_prominent_words?post=42906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}