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Surprised? Puget Sound area has 6th highest rent in America, study finds

A recent Stessa report found what many Seattle-area residents already know: rent is pricier in the Emerald City than just about any other metro.

The report from Stessa — a finance tool that helps real estate investors “maximize their profits” with rental properties — ranked the Seattle-Tacoma-Bellevue area sixth among the nation’s large metros.

The most expensive area? San Jose-Sunnyvale-Santa Clara, California.

Followed by:

  • San Francisco-Oakland-Berkeley
  • Boston-Cambridge-Newton
  • Los Angeles-Long Beach-Anaheim
  • San Diego-Chula Vista-Carlsbad

According to the report, the median rent estimate in the greater Seattle area is $2,080. The median in the costly San Jose-Sunnyvale-Santa Clara South Bay Area is $3,186.

The report also shows the median prices in the Seattle-Tacoma-Bellevue market for a studio ($1,603), one bedroom ($1,682), two-bedroom ($2,005), three-bedroom ($2,762) and four-bedroom ($3,261).

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