Seattle Rentals May Monthly Recap

King County rental activity dropped in May from April with 262 leased properties, according to stats from the Northwest Multiple Listing Service.  This number is down from the same time last year with 354 leased properties in King County.  Currently, there are 287 available rentals on the NWMLS, with 56 in neighborhoods within 7 miles of the downtown core.  The current highest asking price is $8500/mo for a 2 brd/2.b bath condo. shorewood

For more information about Seattle rentals, please contact me at anytime.

Downtown View Rental Available: $1,700

ridge downtown rental

This lovely one bedroom unit in the Newmark Tower is now available, with expansive views of Downtown Seattle. Recently remodeled unit new to Pike Place Market, featuring floor to ceiling windows, with stainless steel  oven and dishwasher, and washer and dryer in unit. The quaint kitchen has granite counter tops and bamboo flooring, and there is a small private deck off of the living area. This unit has a large bedroom, and a sizeable closet, as well as parking and storage included in the price of rent. Building amenities include 24 hour concierge, an indoor swimming pool, sauna, entertainment room, a fitness center, and a large common roof top terrace, perfect for beautiful summer nights. For more information on this unit, or other Seattle rentals, contact your local real estate agent today.

Status: For Rent
Bed/Bath: 1&1
Price: $1,700

Downtown Seattle Condo Rental: $1,600

This 1 bed 1 bath NW facing downtown unit in Meridian Condominium is now available to rent! Gorgeous views of Lake Union, Downtown, Capitol Hill,  and partial views of Puget Sound. The kitchen has tile floor, with stainless steel appliances, beautiful slab granite counters with tile backsplash,  and maple cabinets. The living room has high ceilings and is carpeted; also has a lovely fireplace.

The kitchen has a cute breakfast bar area,  and floor to ceiling windows to maximize the view. The bedroom has a deep closet & connecting deck with the same view as the living room. Amenities of the building include 24 hour security & Concierge, an entertainment room, steam room, hot tub, theater, fitness center, and guest parking. Find more information on Seattle Rentals here.

Status: For Rent
Bed/Bath: 1&1
Price: $1,600

How Much Has Seattle Rent Risen In the Past 10 Years?

It’s not news to anyone living in Seattle that the cost of rent is considerably high today, given the low inventory and influx of renters in and around the city. But just how much has the cost of rent risen over the past decade? The folks over at Seattle Rentals pulled together some rental rates from 2002 in the Downtown Seattle area, and the comparison to 2012 is quite stagnant. rental

The average cost of rent in 2002 for a studio apartment rental was $548/Mo if you can believe it, compared to $940 in 2012. A one bedroom downtown unit used to be around $1,031, and today is $1,664, and a two bedroom was $1,662 whereas today is $1,719. What will rent be over the next ten years?

Cost of Moving Takes a Toll on Your Wallet

The stress of switching rentals can be burdensome for a number of reasons, but the tax it can take to your wallet is one of the biggest issues many people face when moving into new homes. According to Zillow, US Census stats have shown that “19 million American households pack up and move every year.”

Back in 2010, the World Wide Relocation Association reported that the average professional move would cost roughly $12,230. Zowza! Factors that can become costly when moving include the distance of the move, packing supplies and/or services, and professional movers or rentals. When hiring professionals for the move, the price of the move obviously rises quite a bit, and the weight of your items could actually be measured on a scale system. Be sure to check to moving company’s system and request an estimate before moving forward with the move. If you’re limited on moving expenses, you can always opt to call a few friends who have larger vehicles and are willing and able to lift heavy furniture. For more information on all of the expenses that go into moving, visit Zillow’s Blog.

Two Story Downtown Luxury Rental: $3,995

This sleek modern downtown corner unit on the 900 block of Lenora features 18 foot high ceilings in this luxury two story unit! This 2 bedroom, 2 bath unit has massive floor to ceiling wrap around windows, with an impressive deck looking out to Northwest views.

The unit features beautiful cherry wood flooring, a designer kitchen with granite counter tops, and new state of the art stainless steel appliances. The living room hosts a toasty fireplace, and has flat screen TV stays for entertainment. The master suite is located on the top floor with a large walk in closet, a five piece master bath, and an office area. This unit is in close proximity to downtown retail shopping, and a variety of local eateries, as well as Denny Park. Contact Ewing & Clark for more information on this one of a kind Seattle dwelling!

Status: For Rent
Bed/Bath: 2, 2
Price: $3,995

Holland Development Plans Huge High Rise on 9th & Pine

If you’ve always dreamed of living in the highest high rise apartment building in Seattle you’re in luck…. Holland Development is planning the construction for your new humble abode right now! According to a report today in the Seattle Daily Journal of Commerce,  Holland is preparing to start construction on what will soon be noted as Seattle’s tallest apartment tower. The building will sit on the Southwest corner of 9th & Pine just West of the Paramount Theater and will stand nearly 40 feet taller than the nearby Aspira building. The building is planned to be 440 feet tall, with 386 units and 269 parking stalls. While this might seem like a hefty project for Holland Development by itself, they also have 6 other projects in the works and will be responsible for putting 1,400 new apartment units downtown. For more information on the project please visit the Daily Journal of Commerce.