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hottest apartment market is in Seattle

Hottest Apartment Market; Seattle?

Zillow released a report this month that ranks Seattle second in the nation for “hottest apartment market.” While Seattle is proud to be in second place, we’re a little surprised that our booming rental market only ranked second. To add insult to injury, first place went to Columbus, Ohio. The study examined what percentage of new apartments made up all rentals, what percentage of new apartments rented out within 3 months, and how much rents rose in the last year. As any local will tell you, new apartments are being build around every corner, rentals are turning over quickly, and rents are still climbing. Read more about Zillow’s study on The Puget Sound Business Journal.

 

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