Here’s How Affordable Latests Rents Are In Washington

SEATTLE — The average rent in Seattle for June 2019 was above the national average of $1,465, according to a new report from RentCafe.

Overall, in the U.S., the average rent for June increased 3.2 percent or by $45 compared to the previous year. RentCafe’s report analyzed rental trends in 260 U.S. cities and found that 65 percent of these cities had rents below the national average while 35 percent have rents above the national average.

Seattle was actually listed among the top five cities with the most expensive rental rates in the largest renter mega-hubs nationwide. With an average June 2019 rental rate of $2,131, Seattle was ranked fourth in the nation — just behind Manhattan (1), Los Angeles (2), and Washington, D.C. (3). Chicago came in fifth.

Among Washington's small cities, Bellevue ranked 13th, Kent got 65th, Everett came in at 71st, Vancouver was 93rd, Tacoma earned 96th, and Spokane was listed at 153rd. Vancouver, Tacoma, and Spokane all came in under the national average as well.

Among the largest cities, Seattle ranked 10th.

Manhattan led the pack with the highest average rent in June ($4,190), followed by San Francisco ($3,697), Boston ($3,509), San Mateo ($3,349) and Cambridge ($3,210).

Oklahoma City had the lowest rent among large cities ($769), followed by El Paso ($779), Memphis ($803), Indianapolis ($877) and Columbus ($940).

Indianapolis is the most affordable city to rent among the 20 largest renter hubs in the U.S.

Patch National Editor Feroze Dhanoa contributed to this post