Seattle Apartment Rents Rebound Following Seven Months Of Decline

By Madalina Pojoga · Multi-Housing News · 2026-07-23

Seattle Apartment Rents Rebound Following Seven Months Of Decline

According to reporting from Multi-Housing News, Seattle multifamily owners saw average advertised asking rents climb to $2,226 in May. This modest 0.2 percent increase marks a shift for a market that had previously spent more than half a year stuck in negative territory.

According to reporting from Multi-Housing News, Seattle multifamily owners saw average advertised asking rents climb to $2,226 in May. This modest 0.2 percent increase marks a shift for a market that had previously spent more than half a year stuck in negative territory.