Apartment rents in Kent remained flat in July, down 0.1% since the start of the COVID-19 outbreak in March.<\/p>\n
Rents in July were up 1.1% compared to the same month in 2019, according to <\/a>apartmentlist.com<\/a>, which compiles monthly reports. Median montly rents in Kent are $1,502 for a one-bedroom apartment and $1,870 for a two-bedroom unit.<\/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 has data for in the Seattle metro, six of them have seen prices rise.<\/p>\n Lakewood has the least expensive rents in the Seattle metro, with a two-bedroom median of $1,512; the city has also experienced the fastest rent growth in the metro, with a year-over-year increase of 2.0%.<\/p>\n Bellevue has the most expensive rents in the Seattle metro, with a two-bedroom median of $2,386; however, the city has also seen rents fall by 1.2% over the past year, the biggest drop in the metro area.<\/p>\n Although rents across cities in Washington have been marginally on the rise, the state’s growth as a whole has held steady over the past year. For example, rents have grown by 1.3% in Spokane and 0.5% in Vancouver.<\/p>\n As rents have increased slightly in Kent, other large cities nationwide have seen rents grow more quickly. Compared to most large cities across the country, Kent is less affordable for renters.<\/p>\n Kent’s median two-bedroom rent of $1,870 is above the national average of $1,193. Nationwide, rents have held steady over the past year. Renters will generally find more expensive prices in Kent than most large cities. For example, Spokane has a median two-bedroom rent of $908, where Kent is more than twice that price.<\/p>\n","protected":false},"excerpt":{"rendered":" Median monthly rents are $1,502 for one-bedroom unit; $1,870 for two bedrooms <\/p>\n","protected":false},"author":212,"featured_media":46759,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,4],"tags":[],"yst_prominent_words":[],"class_list":["post-46758","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\/46758"}],"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\/212"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/comments?post=46758"}],"version-history":[{"count":0,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/posts\/46758\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/media\/46759"}],"wp:attachment":[{"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/media?parent=46758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/categories?post=46758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/tags?post=46758"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/yst_prominent_words?post=46758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}