Bellevue has recently been identified as the most expensive city to rent in the Seattle metro area, according to the latest Zumper Seattle Metro Report. This month, the median rent for one-bedroom units in Bellevue is $2,530, showing a decrease of 2.7% from previous months. Meanwhile, the median rent for […]
Apartments
Bellevue Rent up 6%, Priciest in Seattle Metro Area
When looking at cities across the Seattle metro area, Bellevue has once again taken first place as the most expensive city to rent in for the month of May. According to the latest data from the Zumper Seattle Metro Area Report, the median rent for one-bedroom units in Bellevue saw […]
Downtown Bellevue Apartment Building Purchased for $29M for Low-Income Housing
Low Income Housing Institute (LIHI) is acquiring the Aventine Apartments, located at 211 112th Avenue Northeast, as per a press release from the organization. The purchase is to ensure the availability of affordable housing in downtown Bellevue. The Aventine Apartments is 6 stories high, with a total of 68 units. […]
New Renderings Emerge of Bellevue Club’s Two-Tower Residential Project
In May 2023, Bellevue Club, an athletic and social club on the Eastside, applied for an expansion on the property, which would include two residential towers. Since then, new renderings have surfaced of the planned development. According to City of Bellevue records, The Bellevue Club Residences would include 262 luxury […]
New Affordable Housing Complex in Bellevue Breaks Ground
Construction recently began on the housing development located at 228 106th Place NE in Bellevue. The Affordable housing project will be made up of 172 units. According to public records, developer, Johnson & Carr, purchased this property in 2021 for $6.1 million. The local Seattle developer focuses on providing affordable […]
Residential Mixed-Use Project in Bellevue Proposed on 109th Ave NE
Crescent Capital Partners, a private equity firm based in Sydney, recently submitted a Master Development Plan application to the City of Bellevue. The development, Crest Holdings, is a residential mixed-use project, to be constructed in two phases. The site address is 929 109th Avenue Northeast. According to the application, the […]
Bellevue Rent Increases, Surpasses Kirkland
Bellevue has reclaimed the spot of highest rent in the Greater Seattle Metro area, after falling to second place in October 2023, trailing behind Kirkland. Zumper, the real estate platform, analyzed active listings in November, across metro cities to show the most and least expensive cities, and cities with the […]
Bellevue Ranks Second for Highest Rental Costs in Recent Report
While Bellevue has consistently ranked in first place for Zumper’s rental reports for the Greater Seattle Metro area, it recently fell to second place. The real estate platform analyzed active listings in the month of September across metro cities to show the most and least expensive cities, and cities with […]
Proposed Residential Building to Begin Construction October 2023
Plaza 200 (Filament West), located at 206 – 224 105th Avenue Northeast in Downtown Bellevue, is ready for construction, which is slated to begin October 2023, according to public records. The site that previously occupied this space before demolition, was a one-story building that most recently had been used by […]
Bellevue Rent for One Bedroom Drops 2%, Remains Most Expensive in WA
The Zumper Seattle Metro Area Report analyzed active listings in the month of July across metro cities to show the most and least expensive cities and cities with the fastest-growing rents. Bellevue ranked as the city with the most expensive rent in Washington with a one-bedroom unit costing $2,400. The […]