{"id":61053,"date":"2022-11-30T15:24:00","date_gmt":"2022-11-30T23:24:00","guid":{"rendered":"http:\/\/www.kentreporter.com\/news\/kent-apartment-rents-up-5-2-compared-to-november-2021\/"},"modified":"2022-11-30T15:24:00","modified_gmt":"2022-11-30T23:24:00","slug":"kent-apartment-rents-up-5-2-compared-to-november-2021","status":"publish","type":"post","link":"https:\/\/www.kentreporter.com\/news\/kent-apartment-rents-up-5-2-compared-to-november-2021\/","title":{"rendered":"Kent apartment rents up 5.2% compared to November 2021"},"content":{"rendered":"
The median apartment rent in Kent fell by 0.3% in November compared to the previous month. Rents are up 5.2% over the past year.<\/p>\n
Median monthly rent for a one-bedroom apartment in Kent is $1,452 while a two-bedroom is $1,872, according to the latest report from apartmentlist.com.<\/p>\n
Kent’s rent growth over the past year has has outpaced the state average (2.4%) and is similar to the national average (4.6%).<\/p>\n
Kent’s rent growth in 2022 is pacing below last year. Eleven months into the year, rents in Kent have risen 5.4%. This is a slower rate of growth compared to what the city was experiencing at this point last year as from January to November 2021 rents had increased 16.1%.<\/p>\n
Kent’s median rent at $1,766 is 3.6% higher than the Seattle-Tacoma metro-wide median. Metro-wide annual rent growth stands at 2.5%, below the rate of rent growth within just the city.<\/p>\n
Mercer Island is currently the most expensive, with a median rent of $2,327. Lakewood is the metro’s most affordable city, with a median rent of $1,359. The metro’s fastest annual rent growth is occurring in Renton (7.4%) while the slowest is in Mercer Island (-4.4%).<\/p>\n","protected":false},"excerpt":{"rendered":"
Price drops 0.3% from October 2022 as rates remain flat <\/p>\n","protected":false},"author":212,"featured_media":61054,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,4],"tags":[],"yst_prominent_words":[],"class_list":["post-61053","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\/61053"}],"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=61053"}],"version-history":[{"count":0,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/posts\/61053\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/media\/61054"}],"wp:attachment":[{"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/media?parent=61053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/categories?post=61053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/tags?post=61053"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/yst_prominent_words?post=61053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}