August marked the seventh straight month rents went up in the Seattle area, according to the latest Apartment List data. It’s no surprise, considering housing prices and the lengths to which some folks will go to purchase a home, but it’s eye-opening in context. Since March 2020, when the onset of the pandemic caused prices to plunge, rents are up 17 percent.
Similar to the home-buying market, though, there may be some glimmers of stability. Month-over-month slowed considerably or even (gasp) went down in some cities. So what will a one- or two-bedroom cost you now? We love ourselves a list.
8. Seattle
Sure, the year-over-year rent jump is
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