219 Pet Friendly Apartments for rent in Sammamish, WA
April 2020 Sammamish Rent Report
Welcome to the April 2020 Sammamish Rent Report. Sammamish rents increased over the past month. In this report, we'll evaluate trends in the Sammamish rental market, including comparisons to cities throughout the metro, state, and nation.
April 2020 Sammamish Rent Report
Welcome to the April 2020 Sammamish Rent Report. Sammamish rents increased over the past month. In this report, we'll evaluate trends in the Sammamish rental market, including comparisons to cities throughout the metro, state, and nation.
Sammamish rents increase sharply over the past month
Sammamish rents have increased 1.0% over the past month, and are up slightly by 1.7% in comparison to the same time last year. Currently, median rents in Sammamish stand at $2,788 for a one-bedroom apartment and $3,472 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in January. Sammamish's year-over-year rent growth is level with the state average of 1.7%, but lags the national average of 1.9%.
Rents rising across the Seattle Metro
Throughout the past year, rent increases have been occurring not just in the city of Sammamish, but across the entire metro. Of the largest 10 cities that we have data for in the Seattle metro, all of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.
- Bellevue has the most expensive rents in the Seattle metro, with a two-bedroom median of $2,435; the city has also seen rent growth of 0.8% over the past month, the fastest in the metro.
- Lakewood has the least expensive rents in the Seattle metro, with a two-bedroom median of $1,510; rents increased 0.1% over the past month and 3.5% over the past year.
Many large cities nationwide show more affordable rents compared to Sammamish
As rents have increased slightly in Sammamish, large cities nationwide have seen rents grow more quickly. Compared to most large cities across the country, Sammamish is less affordable for renters.
- Washington as a whole has logged 1.7% year-over-year growth, while rent trends across other cities throughout the state have varied. For example, rents have grown by 1.9% in Vancouver whereas rents have fallen 0.1% in Spokane.
- Sammamish's median two-bedroom rent of $3,472 is above the national average of $1,197. Nationwide, rents have grown by 1.9% over the past year compared to the 1.7% rise in Sammamish.
- While Sammamish's rents rose slightly over the past year, some cities nationwide saw decreases, including Portland (-0.5%) and San Francisco (-0.2%).
- Renters will generally find more expensive prices in Sammamish than most large cities. For example, Spokane has a median 2BR rent of $901, where Sammamish is more than three-and-a-half times that price.
For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
Methodology - Recent Updates:
Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.
Read more about our new methodology below, or see a more detailed post here.
Methodology:
Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.
Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.
Read more about our methodology here.
About Rent Reports:
Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.
We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.