Kent apartment rents up for third consecutive month

December rates up 4.6 percent from same month in 2017

Apartment rents increased in December in Kent for the third consecutive month and are up 4.6 percent compared to December 2017.

Rents increased 0.5 percent in December compared to November, according to Median rents in Kent stand at $1,460 for a one-bedroom apartment and $1,820 for a two-bedroom.

This is the third straight month that the city has seen rent increases after a decline in September. Kent’s year-over-year rent growth leads the state average of 1.1 percent, as well as the national average of 0.9 percent.

Over the past month, Marysville has seen the biggest rent drop in the Seattle-Tacoma-Everett metro area, with a decline of 4 percent. Median two-bedrooms there cost $1,640, while one-bedrooms go for $1,320.

Bellevue has the most expensive rents of the largest cities in the metro area, with a two-bedroom median of $2,320; rents went down 0.5 percent over the past month but rose 3.5 percent over the past year.

Lakewood has the least expensive rents in the metro area, with a two-bedroom median of $1,450; rents fell 0.1 percent over the past month but rose 3.8 percent over the past year.

Rents increased slightly in other cities across the state. For example, rents have grown by 1.7 percent in Vancouver and 0.4 percent in Spokane.

Renters will generally find more expensive prices in Kent than most large cities. Spokane has a median two-bedroom rent of $880, where Kent is more than twice that price.

More in News

King County Correctional Facility is located at 500 5th Ave., Seattle. File photo
King County jail’s leaky pipes have national implications

Lawsuit filed in King County Superior Court alleges Aquatherm has been selling faulty pipes.

Volunteers needed to help prepare, serve Monday supper in Kent

Kent Lutheran Church oversees weekly event for those in search of a meal

From rockets to rovers, helping man reach the moon

Boeing aerospace workers in Kent contributed greatly to the Apollo program

Sound Transit’s light rail hits 10th anniversary

Lines, ridership continue to grow

Fewer fireworks seen in Kent over Fourth of July weekend

Mayor, police chief say use going down since ban began

Kent School District psychologist charged with rape of a child in Grays Harbor County

Mountlake Terrace man traveled to Hoquiam to meet boy after social media exchanges

Most Read