Seattle rents rising faster than anywhere in the US

SEATTLE — Residential rent is gradually rising for several cities across the U.S., but growing the fastest in the Seattle metro area.

According to Zillow, rents in the Seattle metro area rose 7.8% in the past year and expected to grow 7.2% over the next 12 months. The top five cities in the Seattle area are: 

Shoreline:

- Average rent price $2,257

- Increase of 14.5% since Aug. 2015

- Expected to increase 18.4% by Aug. 2017

Medina:

- Average rent price $8,498

- Increase of 11.6% since Aug. 2015

- Expected to increase 13.6% by Aug. 2017

Burien:

- Average rent price $1,938

- Increase of 11.2% since Aug. 2015

- Expected to increase 13.5% by Aug. 2017

Renton:

- Average rent price $2,118

- Increase of 10.5% since Aug. 2015

- Expected to increase 11.7% by Aug. 2017

Vashon:

- Average rent price $2,318

- Increase of 12.8% since Aug. 2015

- Expected to increase 13.5% by Aug. 2017

Several cities on the west coast will see big rent increases over the next year, according to Zillow. 

Seattle -- 7.2%

Portland -- 6.0%

Denver -- 5.9%

Cincinnati -- 5.2%

San Francisco -- 4.9%

Los Angeles -- 4.8%

Sacramento -- 4.7%

San Diego -- 4.7%

Phoenix -- 4.6%

San Jose -- 4.5%

Copyright 2016 KING


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