July Update: King County Rental Market

Featured rental: 1375 32nd Ave. S

Featured rental: 1375 32nd Ave. S

King County rental activity was up in July from June with 308 leased properties, according to stats from the Northwest Multiple Listing Service.  This number is down from the same time last year with 332 leased properties in King County.  Currently, there are 342 available King County rentals on the NWMLS, with 81 in neighborhoods within five miles of the downtown Seattle core.  The current highest asking price is $9,500/mo, both for a five-bedroom single-family home in Capitol Hill, and for a two-bedroom condo at the Four Seasons Private Residences in Downtown Seattle.  For more information about Seattle rentals, contact your local real estate agent today!

Update On King County’s Rental Market

rentKing County rental activity was hot in the month of May with 269 leased properties, according to stats from the Northwest Multiple Listing Service. The market picks up in the spring and summer, so we can expect the number of rented properties (and rental rates!) to increase in June and into July. This number was up from the same time last year with 244 leased properties in King County. Currently, there are 218 available King County rentals on the NWMLS, 68 of which are within 7 miles of the downtown Seattle core. The current highest asking price is $17,000/mo for a 5-bedroom/6-bathroom single family home in Washington Park. For more information about Seattle rentals, contact your local real estate agent today!