PHOTO CREDIT, Metro Creative Graphics

PHOTO CREDIT, Metro Creative Graphics

Kent apartment rents up 15% compared to February 2021

Monthly increase just 0.2% compared to January

Kent apartment rents declined 0.2% in February compared to January, but have increased sharply by 15% in comparison to the same time last year.

Currently, median rents in Kent stand at $1,476 for a one-bedroom apartment and $1,889 for a two-bedroom, according to apartmentlist.com. Kent’s year-over-year rent growth lags the state average of 19.2%, as well as the national average of 17.6%.

Rates in Kent also dropped 0.2% in January compared to the previous month.

Lakewood has seen rents fall by 0.8% over the past month, the biggest drop in the Seattle-Tacoma metro area. It also has the least expensive rents in the Seattle metro, with a two-bedroom median of $1,539.

Seattle proper has seen the fastest rent growth in the metro, with a year-over-year increase of 21.5%. The median two-bedroom there costs $2,080, while one-bedrooms go for $1,668.

Bellevue has the most expensive rents of the largest cities in the Seattle metro, with a two-bedroom median of $2,517; rents grew 1.9% over the past month and 20.3% over the past year.

As rents have increased sharply in Kent, a few large cities nationwide have seen rents grow more modestly, according to apartmentlist.com. Compared to most large cities across the country, Kent is less affordable for renters.

Rents increased sharply in other cities across the state, with Washington as a whole logging rent growth of 19.2% over the past year. For example, rents have grown by 17.7% in Spokane and 14.8% in Vancouver.

Kent’s median two-bedroom rent of $1,889 is above the national average of $1,294. Nationwide, rents have grown by 17.6% over the past year compared to the 15% increase in Kent.

Renters will generally find more expensive prices in Kent than most large cities. For example, Spokane has a median two-bedroom rent of $1,301, where Kent is nearly one-and-a-half times that price.


Talk to us

Please share your story tips by emailing editor@kentreporter.com.

To share your opinion for publication, submit a letter through our website https://www.kentreporter.com/submit-letter/. Include your name, address and daytime phone number. (We’ll only publish your name and hometown.) Please keep letters to 300 words or less.

More in News

t
Kent Police Blotter: May 28 to June 10

Incidents include robberies at Walgreens, 7-Eleven; assaults, shots fired

t
Kent School District’s Class of 2024 high school graduates | Photos

Kent-Meridian, Kentlake, Kentridge, Kentwood, Kent Laboratory Academy graduated last weekend

Renton Police respond June 5 to a fatal shooting outside the Big 5 Sporting Goods store on South Grady Way. COURTESY PHOTO, Renton Police
Man charged in killing of Kent teen outside Renton sporting goods store

Off-duty security officer reportedly fired at least seven shots at Kent-Meridian High student

t
King County’s MLK distinguished service award goes to Kent’s Shamso Issak

Councilmember Dave Upthegrove selects Living Well Kent director for the honor

t
Renton man sentenced for 2021 murder in Kent parking lot

Receives 30-year sentence for shooting Avery Wilcox Jr.

Courtesy Photo, Kent School District
Kent School District receives clean state audit for 2022-2023

District in compliance with financial statements and activities, according to state auditor

t
Second Kent-Meridian High School student in 3 days fatally shot

Hazrat Ali Rohani, 17, killed June 5 in shooting outside of Big 5 Sporting Goods in Renton

Construction sign on SR 18. (Cameron Sires/ Sound Publishing)
WSDOT responds to stakeholders about future I-90/SR 18 projects

Construction causes concerns about congestion for freight and commuter traffic.

t
King County launches secure computer tablet program for people in custody

Phone calls, e-books and resources at jails in Seattle and Kent and youth detention facility in Seattle

t
Students receive 49 scholarships at Kent Community Foundation event

More than $100,000 awarded to high school students

Kent-Meridian High School. COURTESY PHOTO, Kent School District
Man, 18, found shot in parking lot identified as Kent-Meridian student | Update

Medical Examiner’s Office rules death of Cristopher Medina Zelaya a homicide

t
Federal agents arrest Kent man for allegedly distributing drugs

Mexican citizen reportedly part of drug trafficking ring in Washington, Mexico and Colombia