Apartment rents in Kent dropped 1.3% in December 2022 compared to the previous month.<\/p>\n
Prices are up 4% compared to December 2021, according to the latest report by apartmentlist.com. Median monthly rent is $1,431 for a one-bedroom unit and $1,845 for a two-bedroom apartment.<\/p>\n
Kent’s rent growth of 4% over the past year has outpaced the state average (1.9%) and is similar to the national average (4.0%). From January 2021 to December 2021 rents had increased 15.7%.<\/p>\n
For the Seattle-Tacoma metro area, the median rent is $1,722 meaning that the median price in Kent ($1,803) is 4.7% greater than the price across the metro as a whole. Metro-wide annual rent growth stands at 1.9%, below the rate of rent growth within just the city.<\/p>\n
Mercer Island is currently the most expensive, with a median rent of $2,323. Lakewood is the metro’s most affordable city, with a median rent of $1,354. The metro’s fastest annual rent growth is occurring in Auburn (7.8%) while the slowest is in Mercer Island (-2.1%).<\/p>\n","protected":false},"excerpt":{"rendered":"
Rents are up 4% compared to December 2021 <\/p>\n","protected":false},"author":212,"featured_media":61435,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,4],"tags":[],"yst_prominent_words":[],"class_list":["post-61434","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\/61434"}],"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=61434"}],"version-history":[{"count":0,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/posts\/61434\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/media\/61435"}],"wp:attachment":[{"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/media?parent=61434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/categories?post=61434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/tags?post=61434"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.kentreporter.com\/wp-json\/wp\/v2\/yst_prominent_words?post=61434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}