Madison Park Rental Home: $5,650/Month

Madison Park rental homem

This lovely one level Madison Park home sits in the quiet Canterbury location near Madison Park Shops, restaurants and parks. Amenities include easy access to Downtown, freeway and the Eastside. Beautiful finishes include oak floors, cathedral ceilings, and a new kitchen with family room. The fenced garden boasts lovely plantings and hot tub. This spacious home has an attached two car garage that also includes a large workshop. Gardening included. Prospective tenants will need first and last month’s rent, plus one month’s rent for the security deposit. If you’re interested in this or other Seattle rentals, contact your local real estate agent today!

Status: For Rent
Bed/Bath: 3/2.5
Price: $5,650/Month

Queen Anne Luxury Rental: $4,950

Queen Anne rental

This romantic three level 2 bed, 2 bath  “Tower” Apartment was built in 2011 with views of Elliott Bay, the Puget Sound and the Olympic Mountains. This rental comes with a spacious 1 car garage (with the possibly of additional parking available). Features include travertine baths, stunning views, and a beautiful gourmet kitchen. The 500 sf deck is partially covered with views and a fireplace. Extraordinary landscaping includes waterfalls, terraces & boulders. If you’re interested in this or other Seattle rentals, contact your local real estate agent today.

Status: For Rent
Bed/Bath: 2//2
Price: $4,950

Arthur Erickson Designed Rental Home: $7,000

highlands

This beautiful Arthur Erickson designed residence in the Highlands sitting on 8+ acres is now available for rent! A masterpiece of space & light, this home features tall ceilings, and lustrous white polished concrete & glass ceiling lend a fantastic backdrop to luxurious & elegant living. If you love mountain & sound views, swimming & reflection pools, and a sculptural meadow that  enhance rich woodland setting, this home is the perfect city escape for you. If you’re interested in this or other Seattle neighborhood rentals, contact your local real estate agent today.

Status: For Rent
Bed/Bath: 4//4
Price: $7,000

Meadowbrook Townhome Rental: $2,295

meadowbrook

This immaculate and spacious townhome in a quiet residential neighborhood-not directly on arterial, is now available to rent! Thoughtfully designed & constructed and luxuriously appointed, this residence is a step above your typical townhome. All 3 bedrooms are good sized and have an attached bath. Large, open kitchen with maple cabinetry, stainless appliances and slab granite countertops. Slate entry, gas fireplace & extensive use of ceramic tile. There is also a small fenced patio off lower level suite. One car attached garage. For more information on this or other Seattle rentals, contact your local real estate agent today.

Status: For Rent
Bed//Bath: 3//3
Price: $2,295

Average Rent In Seattle Area Nearing $1,300 Per Month

98121After rising by 6.8 percent in the first quarter of this year, the average rent for an apartment in the Seattle area is continuing to rise as the year progresses, and the average now stands at $1,284 per month, according to a report in The Seattle Times. Since this statistic includes not just the city of Seattle but the surrounding cities, as well, there is quite a bit of variation in the average price when broken down by city, and even by neighborhood. The average in West Bellevue tops the list at $1,912 per month, while the average in SeaTac is more than $1,000 cheaper at $901 per month. In the city of Seattle alone, the average is $1,445. There is also a significant difference in rental costs depending on when the unit was built. For units built after 2010, the average is $1,754, whereas the average for a building built in the 1970’s is $1,019.

Among Seattle neighborhoods, rents in Ballard have gone up by the highest percentage, having risen 12.3 percent over the quarter to $1,628. For a neighborhood that has historically been home to mostly single-family homes, the apartment-building boom is significantly changing the residential face of the neighborhood, and while rents are high, Ballard also posted the city’s highest vacancy rate of 8.6 percent in the second quarter. There are many units still under construction, and when they are complete apartment inventory will have quadrupled over the past six years. To go along with that, vacancy rates are expected to rise to 18 percent.

If you are interested in renting in the Seattle area, contact your local real estate agent today.

 

 

 

2014 Trendy Rental Perks

If you’re on the prowl for a new rental home, chances are you’re looking for amenities such as new kitchen counter, hardwood flooring and more than one bathrooms, but there are also other perks to living in a shared community that renters today should consider when searching for the perfect rental. From basic perks like an on-site laundry facility and parking to fitness centers in the building, each renter should consider which amenities they’d like to have included with their rental home. Living in an apartment these days doesn’t mean you have to forfeit a yard or BBQ space; private backyards are becoming more commonplace in first level units, and are much larger than your standard unit’s patio. If this is something you’d enjoy (or your furry friend would enjoy!) you’ll typically see a price increase anywhere from $150-$200. rental home jason

Like many Seattleites, I like to start my morning with piping hot latte – and it just so happens many of the apartment buildings in the area have an on-site cafe located in the lobby for your convenience. Is you morning workout important? Look for a building with an on-site community gym or a lovely pool (pictured right at the Olive 8), or if you like a nice summer BBQ, look for a building with a shared rooftop terrace. If you’re searching for a nice rental for you and your furry friend, pet friend amenities used to be difficult to find, but are becoming more commonplace in neighborhood buildings. Full-service pet spas and doggy-daycare  are located in many buildings for your convenience and your companions pleasure! Whatever your needs may be, it’s important to consider building amenities when searching for your next rental home. For more information on Seattle rentals, contact your local real estate agent today.

Wall Street Jumps Into Seattle Rentals Market

bellevue rental

First-time home buyers often save for years in order to amass enough cash for a down payment on a home, but in the past couple of years, potential buyers have found themselves outbid by Wall Street investors with no shortage of readily available cash. According to The Seattle Times, firms such as The Blackstone Group have formed subsidiaries that buy large numbers of entry-level homes, often for less than $300,000, and renovate them for the rentals market. These firms are often able to pay all cash and close on the property much more quickly than a regular home buyer could.

According to market researcher RealtyTrac, major investors made at least 7 percent of all single-family home purchases in the Seattle area in 2013, buying 3,100 homes throughout the year. Blackstone’s Invitation Homes subsidiary alone bought at least 1,585 homes in 2013. Analysts do not see a slowdown in investor-purchased properties, and predict Wall Street could funnel $20 billion a year for the next few years into financing these purchases.

Neighbors who live near these homes are worried about the impact they will have on their neighborhoods as a whole, seeing investor-owned properties being neglected or violating housing laws or homeowner association rules. Some experts say these renovated properties could have an overall positive effect on neighborhood homes values, but that the increasing investor demand for rental properties could hurt regular home buyers by driving up prices.

For more information about Seattle rentals or real estate, contact your local real estate agent today.

 

 

 

 

 

Bellevue Rental Home: $2,950

bellevue rental

Apple Valley on the Eastside is the site of this charmingly remodeled home, now available for rent! This home features high ceilings ,hardwood floors, and an abundance of natural light! A den is off the large living room and the dining room opens to the gourmet kitchen. This home was recently remodeled by an architect with much care for comfortable living. The master suite has ample closet space and a beautiful bath. The other bedrooms are nice in size and all on the same floor. The back yard is completely fenced, and there is a 1 car garage attached. For more information on this or other Seattle rentals, contact your local real estate agent today.

Status: For Rent
Bed//Bath: 4//2
Price: $2,950