Renters in Kitsap County saw apartment listing prices essentially unchanged from May’s average of $1,903, an analysis of new data from Apartment List shows.
The average apartment listed for rent at $1,901 in June. Average listing prices in Kitsap County are trending slightly downwards from May’s $1,903 price, up 4.4% from this time last year.
The data is inclusive of all bedroom sizes, from studios to three-bedroom units, so while it is a good indicator of how rents are moving in the area, it does not include single family homes for rent, said Chris Salviati, senior housing economist for Apartment List.
One-bedroom apartments listed to rent at an average of $1,376, nearly the same as May, when they were $1,378. Since last year, one-bedroom rental prices rose 4.3% from $1,319.
Two-bedroom apartments listed for rent were basically flat to May at an average of $1,868, compared to $1,870. Since last year, two-bedroom rental prices rose 4.4% from $1,790.
Statewide, Washington rental listing prices are on the rise from May’s average of $1,776, at $1,789. In Washington, one-bedroom rentals were listed for an average of $1,568, 0.8% higher than May’s average of $1,556. Two-bedroom rental listing prices are trending 0.7% higher than May’s average of $1,745 at $1758.
In Kitsap County, the average apartment listed for rent is 6% above the state average. One-bedroom rentals were 12% below the state average, while two-bedrooms listed 6% above.
Nationwide, apartment rental listing prices are essentially unchanged from last month’s $1,398. One-bedroom rentals across the nation listed for an average of $1,231, nearly the same as last month, while two-bedroom rental listing prices approximately the same as last month’s average of $1,384.
In Kitsap County, the average apartment listed for rent is 36% above the national average. One-bedroom apartment rentals listed 12% above the national average, with two-bedroom rentals listed 35% above.
The average apartment rental prices used in this report are gathered from Apartment List, which estimates the median rent using median rent statistics from the Census Bureau’s American Community Survey and a growth rate calculated from their listing data. Read more about their rent estimate methodology here.
The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Apartment List. Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu. Our News Automation and AI team would like to hear from you. Take this survey and share your thoughts with us.
This article originally appeared on Kitsap Sun: Kitsap County apartments for rent saw essentially no changes in June