Update: Portland and Seattle Metro Area Rent Growth Forecasts

Update: Portland and Seattle Metro Area Rent Growth Forecasts

Yardi Matrix reports the following:


January 2020 year-over-year rent growth

  • Seattle 3.5%
  • Portland – 3.8%
The Pacific Northwest outperformed the national average rent growth of 3%.
2020 Yardi rent growth forecast:
  • Seattle – 5.8% 
  • Portland – 5.2%  
Occupancy rates December, 2019: 
  • Seattle – 95.3%
  • Portland – 95.2%
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