After 5 Months of Decline, Seattle Rents Tick Up in February

after a 5-month streak of rent drops in Seattle, the market turned once again in February. Seattle proper saw modest month-over-month rent growth, according to the most recent Apartment List data, a harbinger of the slight uptick across the Puget Sound region.

Now for the twist: Seattle actually saw a decline in rent growth compared to February of 2022. In fact, the Emerald City fell behind the national average of year-over-year rent growth (3 percent) and the state average (1.6 percent). What exactly does that mean for the future of apartment dwellers? Let’s just say this: Seattle still comes in at No. 27 for most expensive large

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