The Ethos Apartments along West Meeker Street in Kent. STEVE HUNTER, Kent Reporter

The Ethos Apartments along West Meeker Street in Kent. STEVE HUNTER, Kent Reporter

Kent apartment rents up 2.1 percent compared to year ago

Median one-bedroom rate $1,496 per month

  • Tuesday, January 7, 2020 1:24pm
  • News

Apartment rents in Kent were up 2.1 percent in December compared to the same month a year ago.

Rents went up 0.5 percent in December compared to the previous month, according to apartmentlist.com. This is the third straight month that the city has seen rent increases after a decline in September.

Median rents in Kent stand at $1,496 for a one-bedroom apartment and $1,863 for a two-bedroom. The national average for two-bedroom rent is $1,192. Kent’s year-over-year rent growth leads the state average of 1.9 percent, as well as the national average of 1.4 percent.

Throughout the past year, rent increases have been occurring not just in the city of Kent, but across the entire Seattle-Tacoma metro area. Of the largest 10 cities that apartmentlist.com compiles data for in the Seattle metro area, all of them have seen prices rise.

Lakewood has the least expensive rents in the metro area, with a two-bedroom median of $1,502; the city has also experienced the fastest rent growth in the area, with a year-over-year increase of 3.8 percent.

Over the past month, Auburn has seen the biggest rent drop in the area, with a decline of 0.7 percent. Median two-bedrooms there cost $1,710, while one-bedrooms go for $1,373.

Bellevue has the most expensive rents of the largest cities in the Seattle metro area, with a two-bedroom median of $2,389; rents decreased 0.4 percent over the past month but were up 3.2 percent over the past year.

Rents increased slightly in other cities across the state, up by 2.2 percent in Spokane and 1.5 percent in Vancouver. Spokane has a median two bedroom rent of $897.


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

Governor Jay Inslee smiles and laughs Sept. 3, 2019, during a speech at the Lynnwood Link Extension groundbreaking in Lynnwood. A Thurston County judge ruled he exceeded his authority when he vetoed single sentences in the state transportation budget in 2019. (Olivia Vanni / Herald file)
Judge invalidates Gov. Inslee’s veto in roads budget

Lawmakers said the governor crossed a constitutional line.

Kent Police Blotter | June 14-29

ATM robbery; gunfire exchanged; drive-by shooting; burglary arrest

Sound Transit gets $100 million federal grant for Federal Way light rail extension

Portion of $790 million payment toward $3.1 billion project

Kent apartment rents up 0.8% in June compared to last year

Median rents at $1,501 for one-bedroom unit

King County cases among younger adults drives increase in COVID-19 numbers

Over half of all new cases are among people ages 20-39

Fireworks illegal in city of Kent

Police post concerns about ban violations due to Fourth of July Splash cancellation

Fourth and Willis Street roundabout construction to start in Kent

Project will replace signalization intersection with two-lane roundabout

Most Read