Apartment List Reports Rents Showing Largest Monthly Jump Since 2017

In its latest report, Apartment List indicates apartment rents are up – significantly throughout the United States, including much of Oregon and Washington.

Month over month rent growth in Oregon and Washington from March to April 2021

OREGON
Portland – 1.8%
Gresham – 1.8%
Happy Valley – 2.6%
Beaverton – 2.3%
Hillsboro – 2.6%
Salem – 0.7%
Eugene – 0.9%

WASHINGTON
Vancouver – 1.9%
Spokane – 5.1%
Spokane Valley – 6.1%
Richland – 2.6%
Tacoma – 3.1%
Federal Way – 1.5%
Kent – 2.2%
Renton – 2.2%
Issaquah – 2.4%
Seattle – 3.5%
Bellevue – 2.6%
Redmond – 2.9%
Kirkland – 1.5%
Bothell – 3.2%
Lynnwood – 1.8%
Everett – 1.7%
Silverdale – 4.8% 

Year-over-year rent increases in Oregon and Washington- April 2020 – April 2021

OREGON
Portland – (-4%)
Gresham – 6.2%
Happy Valley – 9.1%
Beaverton – 2.5%
Hillsboro – 5.2%
Salem – 6.3%
Eugene – 6.1%

WASHINGTON
Vancouver – 9.6%
Spokane – 12.6%
Spokane Valley – 24.1% 
Richland – 9.1%
Tacoma – 11.4%
Federal Way – 5.1%
Kent – 2.4%
Renton – (-.5)
Issaquah – 1.2%
Seattle – (-14.6%)
Bellevue – (-8.1%)
Redmond – (-8.3%)
Kirkland – (-3.8%)
Bothell -1.5%
Lynnwood – (-0.2)
Everett – 4%
Silverdale – 10.2%