Puget Sound MF Rents Maintain Steady Growth Amidst Delivery of 60K+ Units

Connect Seattle   |   Dennis Kaiser

Posted In — News & Press | In the News

Third-quarter rent and vacancy data, released by Kidder Mathews, shows continued healthy rental rate growth and sustained low vacancy rates for apartments in King, Snohomish, Pierce, and Kitsap counties. Not surprisingly, the biggest takeaway noted by the multifamily investment team led by Dylan Simon and Jerrid Anderson is that current average rents per unit are the highest in Urban King County at $2,055. Concurrently, these urban neighborhoods are balancing rental rate growth with vacancy maintaining in the 5% range.

For the full story, go to Connect Seattle.

© 2019 Connect Group Media, Inc. All rights reserved.

Share This Post