After Rising All Year, Seattle-Area Rents Start to Cool Down. That Probably Won’t Last

Rents are leveling off across the Seattle area after a roller-coaster year that first offered renters deals and discounts, then sharp rent hikes.

Median one-bedroom rent for new leases in Seattle hit $1,726 in October, down $4 from a month earlier, according to Apartment List. Rents were also roughly flat in Tacoma at $1,265 and in Bellevue at $2,367, for a one-bedroom apartment.

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