Wednesday, May 5, 2021

Apartment List Reports Rents Showing Largest Monthly Jump Since 2017

In its latest report, Apartment List indicates apartment rents are up - significantly throughout the United States, including much of Oregon and Washington.


Month over month rent growth in Oregon and Washington from March to April 2021

OREGON
Portland - 1.8%
Gresham - 1.8%
Happy Valley - 2.6%
Beaverton - 2.3%
Hillsboro - 2.6%
Salem - 0.7%
Eugene - 0.9%

WASHINGTON
Vancouver - 1.9%
Spokane - 5.1%
Spokane Valley - 6.1%
Richland - 2.6%
Tacoma - 3.1%
Federal Way - 1.5%
Kent - 2.2%
Renton - 2.2%
Issaquah - 2.4%
Seattle - 3.5%
Bellevue - 2.6%
Redmond - 2.9%
Kirkland - 1.5%
Bothell - 3.2%
Lynnwood - 1.8%
Everett - 1.7%
Silverdale - 4.8% 

Year-over-year rent increases in Oregon and Washington- April 2020 - April 2021

OREGON
Portland - (-4%)
Gresham - 6.2%
Happy Valley - 9.1%
Beaverton - 2.5%
Hillsboro - 5.2%
Salem - 6.3%
Eugene - 6.1%

WASHINGTON
Vancouver - 9.6%
Spokane - 12.6%
Spokane Valley - 24.1% 
Richland - 9.1%
Tacoma - 11.4%
Federal Way - 5.1%
Kent - 2.4%
Renton - (-.5)
Issaquah - 1.2%
Seattle - (-14.6%)
Bellevue - (-8.1%)
Redmond - (-8.3%)
Kirkland - (-3.8%)
Bothell -1.5%
Lynnwood - (-0.2)
Everett - 4%
Silverdale - 10.2%

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