Rents in Seattle fell during July, according to Apartment Advisor’s latest National Rent Report.
The rental analysis website looked at data from the 50 largest U.S. cities to compare month-over-month and year-over-year changes in rent prices.
From June to July, the median monthly rent for a one-bedroom apartment fell 2.3% to $1,905 in Seattle. Year over year, prices have fallen 5.9%.
Prices have similarly fallen on three-bedroom units, with the median rent dropping 1.6% to $3,493 from June to July. However, the median three-bedroom price has grown 1.2% on a year-over-year basis.
Despite the dips, the Emerald City still remains one of the most expensive places to rent: it’s the eighth-most expensive city to find a one-bedroom and the ninth-most expensive to find a two- or three-bedroom unit.
The most expensive place to find a one-bedroom apartment remains New York City. The median rent for an apartment there is more than double that of units the same size in Seattle.