Report: Seattle sees 6th highest rise in rent from 2010 to 2020
It's obvious rents in Seattle have shot up over the past decade. But just how much?
A new study ranks the cities that saw the highest percentage rent increases between 2010 and 2020, and Seattle ranks among the top 10.
Seattle takes the sixth spot on the list, according to a study from PropertyClub. Median rent in Seattle was $1,375 in 2010, the study found. By 2020, rent was sitting at a median of about $1,998, a 45% increase over the decade.
But Seattle is not in the company of cities like New York and San Francisco, which are frequently ranked as the most expensive cities for renters in the country. Instead, Seattle follows cities including Aurora, Colorado, Boise, Idaho and San Jose, California. Median rents in Aurora saw a nearly 75% increase in cost over the past decade. In Boise and San Jose, rents went up about 50% over the past decade.
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