{"id":43826,"date":"2020-01-07T12:52:00","date_gmt":"2020-01-07T20:52:00","guid":{"rendered":"http:\/\/www.kentreporter.com\/news\/kent-apartment-rents-up-2-1-percent-compared-to-year-ago\/"},"modified":"2020-01-07T13:24:33","modified_gmt":"2020-01-07T21:24:33","slug":"kent-apartment-rents-up-2-1-percent-compared-to-year-ago","status":"publish","type":"post","link":"https:\/\/www.kentreporter.com\/news\/kent-apartment-rents-up-2-1-percent-compared-to-year-ago\/","title":{"rendered":"Kent apartment rents up 2.1 percent compared to year ago"},"content":{"rendered":"

Apartment rents in Kent were up 2.1 percent in December compared to the same month a year ago.<\/p>\n

Rents went up 0.5 percent in December compared to the previous month, according to apartmentlist.com<\/a>. This is the third straight month that the city has seen rent increases after a decline in September.<\/p>\n

Median rents in Kent stand at $1,496 for a one-bedroom apartment and $1,863 for a two-bedroom. The national average for two-bedroom rent is $1,192. Kent’s year-over-year rent growth leads the state average of 1.9 percent, as well as the national average of 1.4 percent.<\/p>\n

Throughout the past year, rent increases have been occurring not just in the city of Kent, but across the entire Seattle-Tacoma metro area. Of the largest 10 cities that apartmentlist.com compiles data for in the Seattle metro area, all of them have seen prices rise.<\/p>\n

Lakewood has the least expensive rents in the metro area, with a two-bedroom median of $1,502; the city has also experienced the fastest rent growth in the area, with a year-over-year increase of 3.8 percent.<\/p>\n

Over the past month, Auburn has seen the biggest rent drop in the area, with a decline of 0.7 percent. Median two-bedrooms there cost $1,710, while one-bedrooms go for $1,373.<\/p>\n

Bellevue has the most expensive rents of the largest cities in the Seattle metro area, with a two-bedroom median of $2,389; rents decreased 0.4 percent over the past month but were up 3.2 percent over the past year.<\/p>\n

Rents increased slightly in other cities across the state, up by 2.2 percent in Spokane and 1.5 percent in Vancouver. Spokane has a median two bedroom rent of $897.<\/p>\n","protected":false},"excerpt":{"rendered":"

Median one-bedroom rate $1,496 per month <\/p>\n","protected":false},"author":106,"featured_media":43829,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,4],"tags":[],"yst_prominent_words":[],"class_list":["post-43826","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\/43826"}],"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=43826"}],"version-history":[{"count":0,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/posts\/43826\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/media\/43829"}],"wp:attachment":[{"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/media?parent=43826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/categories?post=43826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/tags?post=43826"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/yst_prominent_words?post=43826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}