Income growth surpassed rental growth in 37 of the largest 50 U.S. metros this October — including Seattle, according to new research from Zillow. 

The typical asking rent for an average rental unit reached $2,224. Though that’s a 2.7% increase from last year, the median household income outpaced this acceleration, growing 3.9% during the same time frame. 

At this rate, a new renting household earning the median income would need to spend 22.7% of their income to afford the typical rent — below the national average of 27.2%.

Seattle residents also have increasing access to forms of rental assistance. Data showed that 54.3% of rental units in the city offer concessions, up from 52.4% a year ago.