Seattle Homes for Rent

If under 2,000 square feet isn’t enough for your next rental, then check out these homes for rent! These homes both have lots of windows to let the much needed sunlight in, and places and spaces to soak it up!

The Highlands

Spacious modern stucco residence in beautiful private setting amongst impressive conifers & magical landscape. Fine teak millwork accentuates the contemporary design & open, rich architecture. Vestibule with round atrium window is a striking venue for art display, and opens into the main floor rooms with floor to ceiling windows. Huge kitchen, five expressive fireplaces, private master suite, lower level with perfect game room & guest suite. Pool, sport court, fountain, just in time for summer!

Available for $9,500
6 bedrooms / 5.25 bathrooms
9,010 square feet

The Highlands: 149 Moss Road NW, Shoreline (MLS# 1088538)

North Capitol Hill

Stunning craftsman on North Capitol Hill. Wood floors and natural daylight throughout. Excellent woodwork, recently renovated kitchen with granite countertops top-of-the line appliances w/east-facing views of Portage Bay. Master bedroom includes fireplace, &luxurious master bath. Lower include separate entrance with second kitchen.

Specific Rental Requirements:

  • All 18 and over applicants must apply
  • Min 750 credit score
  • No co signs
  • 2 car max
  • No negative references
  • No late payments

Available for $6,200

5 bedrooms / 3.5 bathrooms

3,960 square feet

North Capitol Hill: 2818 Broadway E, Seattle (MLS# 1067866)

End of Year: King County Rental Report

DT View 1521This December, 204 properties leased according to the Northwest Multiple Listing Service. King county had a 8.9% decrease in properties from the previous month. The highest priced property leased for $6,500/mo. This Luxury condo was a 2 bedroom, 2 bathroom 1,968 square foot unit in a desirable downtown location on 2nd Ave between Pike and Pine. On the contrary, the lowest priced 2 bedroom, 2 bathroom condo leased on the MLS was a 965 sq ft condo in Kent, it rented for $1,200/mo. The luxury condo spending three times the amount of time on the MLS database before it rented.

MLS data shows that 240 properties leased in Dec 2014 compared to Dec 2015’s 204 properties, a 15% decrease in leased listings from its previous year.

Lets do a quick analysis of the rental market in 2014 compared to 2015. The twelve months of 2014 shows 377 more properties leased than in 2015.  3,579 listings rented in 2014 compared to the following year’s 3,202. That’s a 10.5% decrease than the year before. Rental prices have increased over the years and inventory has gone down quite a bit. This change in the market can make it hard to find a reasonable rental in King county on your own. If you are looking for assistance contact a licensed professional who can help you with the latest market updates and find you fact access to the best MLS rental listings. Please contact an agent today with your real estate needs. 

 

 

Things You Can Do To Secure Your Rental Deposit Back

When tenants move out of their rentals, there are many things that landlords and tenants tend to disagree on in terms of acceptable  wear on the living space. Some landlords won’t charge tenants for minor scratches on the wall and floors, but if you want to receive most of your damage deposit back, here is a nice checklist of things you can do to ensure the deposit lands in your bank account. Be sure to do a walk through with your landlord upon moving in and out of your rental, and take photos of any damage to the walls, windows, appliances etc to make sure you are not held liable for those damages when you move out. windermere

If you live with a pet or have some noticeable stains to the carpets, be sure to give your carpets a good cleaning prior to the move out inspection, as this is something many tenants are charged for. You also want to make sure you have it in writing for who is responsible for cleaning the carpets when you move out. When you’re doing the move out walk through with your landlord, be sure to take note of any damages they intend to hold you accountable for, and review your move in notes and photos to be certain they weren’t there before you moved in. Any discrepancies should be brought to their attention prior to your move out. If you are interested in finding a new rental home, contact your local real estate agent today.

Tech Cities See Rise in Rent and Residential Costs

Madison park rental

Madison Park Rental

If you rent in Seattle, your pockets have certainly felt the rise in rental rates over the past few years. According to a report by Trulia, so have renters in other large tech cities. After dissecting housing reports Trulia found that prices were generally 82% higher in big tech hubs compared to other large metro cities. While engineers and and highly paid coders are well paid in the industry, the cost of living increase is still making it difficult to afford to live in these cities and bridge the affordability gap. According to the report, 48% of homes listed in these tech cities were affordable to the middle class based on the median household income, compared to 63% listed in other metro areas.

There are also huge variances even in affordability among the big tech hub cities: 14% of homes in San Francisco compared to over 60% in Washington DC and Raleigh. The big year over year increases in asking price were up in the top 10 tech cities, with a high rise of 24.4% in Oakland, and a low of 6.5% in Raleigh. Seattle’s asking price was up 16.6%, which was above that is San Francisco and San Jose. The rise in rent has also been prevalent in these tech hubs, with a standard 2 bedroom renting for over 37% more than in metro cities, and a year over year rise in Seattle has seen a 9.2% increase. If you’re looking for affordable housing in the Seattle area, contact your local real estate agent today.

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

Another Downtown Apartment Planned; Inspired By Viaduct

The Alaskan Way Viaduct isn’t scheduled to be completely torn down well into 2016, but plans for the waterfront redevelopment for City officials and businesses are already in the works. According to the Seattle Times, city permit records indicate that Harbor Urban has approached Seattle planners to discuss building a 16-story apartment or condo tower on property that’s now under viaduct soil. This is the first big development proposal to leak in the viaduct corridor thus far, since the tunnel was approved last year.

The Harbor Urban site is located on University between Alaskan Way & Western, which is currently a parking lot near the Harbor Steps but when they demolish the viaduct, the property has potential to gain significant value. Any particular property there has the potential to gain unobscured views of Elliot Bay and the Olympics. City and business leaders are already constructing and planning improvements to the waterfront boulevard and devising a $400 million dollar plan that includes parks, a beach and a public swimming pool. Harbor Urban is planning for 165 apartments or condos with 8,000 sf ground floor retail, and room for 130 parking stalls, and their building would ideally comply with current zoning and building limits, (which limits the building height to 160 feet). For further information on plans for the waterfront and future downtown waterfront living, visit the Seattle Times.

Is Seattle Becoming One of the Most Expensive Places to Live?

Have you noticed everyday prices on the rise around Seattle? A pint of beer for under $5 is scarce even around happy hour, and according to the Seattle Times, Seattle ranks #2 out of 304 cities in the US for most expensive city to get your hair cut- even more expensive than in Manhattan! With other rising costs in Seattle such as a Doctor’s visit, the cost of rent, and ever rising home prices, a standard haircut for $30 doesn’t seem so out of place.

According to the Times, living in Seattle is estimated to be 16% more expensive than living in the average urban areas across the United States. Out of the measured categories, (cost of housing, transportation, groceries, health care and utilities, and good and services) Seattle ranked more costly than the National average in all categories except utilities. Is Seattle really among the list of most expensive cities to live in the United States? According to the Cost of Living Index, overall Seattle ranks 34th for the 3rd quarter of 2012, still trailing well behind Manhattan, San Francisco, and even Juneau Alaska. But how far away are we from catching up to them?

Seattle Ranks High in Best 2013 Real Estate Markets

The nation’s real estate market is slowly recovering after the long haul, and 2013 is said to be the year for a turn around. According to the Seattle Pi, San Francisco is predictably the top city, but shortly behind with a secondary market is our very own Seattle. Investors are leaning towards Real Estate because despite the slow recovery they are still able to profit.

The Emerging Trends in Real Estate Report by the Urban Land Institute indicated that San Francisco landed the # 1 spot due to tech, trade, and quality of life in the city along with neighbor San Jose which ranked 3rd on the list. Seattle, along with Houston, was highly ranked because of the growing number of “echo boomers” or those 25-34 year olds. This group has increased by 20% in Seattle, and reflect the future homeowners in the area. Right now the statistics show that this group is currently willing to rent smaller apartments for higher prices as long as they have enticing amenities and close proximity to public transportation. When will the echo boomers make the transition to buyers? Predictably 2013. For more information on the Emerging Trends report, visit the Urban Land Institute.

The Renter’s Essential Toolkit

When you find the right rental, making it look like home is an essential part of calling it home. Just because you don’t own your humble abode, doesn’t mean that you shouldn’t have good toolkit around for emergency repairs, home improvement needs, and decorating! Many new renters don’t think of keeping these household items around until they need them, so here is a thorough list of must-haves to consider getting now before you run into stressful situations.

  • Power Drill
  • Screw Driver set
  • Duct Tape
  • Hammer
  • Extension Cords & Power Strips
  • Wire
  • Flashlight
  • Small Ladder
  • Hose
  • Level
  • Scissors
  • Fasteners & Hooks
  • Pliers
  • Light Bulbs

You never know when you’re going to run into a DIY situation, so it’s always best to be prepared beforehand, and you might even feel a boost in self esteem after accomplishing  something on your own!

The Renter’s Essential Toolkit

When you find the right rental, making it look like home is an essential part of calling it home. Just because you don’t own your humble abode, doesn’t mean that you shouldn’t have good toolkit around for emergency repairs, home improvement needs, and decorating! Many new renters don’t think of keeping these household items around until they need them, so here is a thorough list of must-haves to consider getting now before you run into stressful situations.

  • Power Drill
  • Screw Driver set
  • Duct Tape
  • Hammer
  • Extension Cords & Power Strips
  • Wire
  • Flashlight
  • Small Ladder
  • Hose
  • Level
  • Scissors
  • Fasteners & Hooks
  • Pliers
  • Light Bulbs

You never know when you’re going to run into a DIY situation, so it’s always best to be prepared beforehand, and you might even feel a boost in self esteem after accomplishing  something on your own!