We reported earlier this year that Bellevue ranked as the most expensive city for rent in the Seattle metro area, according to Zumper Seattle Metro. As of recently, not only does Bellevue continue to rank as the most expensive city for rent, but also, it has increased in price.
The Zumper Seattle Metro Report analyzed active listings in May 2019 across 20 metro cities. The Washington state median price in May for a one-bedroom apartment was $1,292. Bellevue’s rent increased by $20 to $2,110, coming in as the most expensive city. In our last article, we reported that Bellevue was ranked as most expensive at a median price of $1990.
The rent in Seattle for a one-bedroom apartment dropped by $30, with the median price being $1,850. This made Seattle fall to third place for most expensive rent, with Redmond taking second place at $1860. The three least expensive on the list were University Place, Lakewood and Marysville.
In comparison, the average rent in New York totals $2,940 for a one-bedroom apartment and San Fransisco, California takes the number one spot for highest rent in the nation at $3,720 for a one-bedroom apartment.
Listings for the report were aggregated by city to calculate median asking rents.