Our news partners, The Seattle Times, put together a survey to learn more about how much people pay for rent in various parts of the city. The Times printed “Soaring rents force lifestyle changes“ in their Sunday paper, telling the story of how residents are coping with staggering home costs and rapidly rising rent. According to the Times, Ballard has seen a $306 rise in median rent for studio apartments in the past two years. Wallingford has seen a $434 rise, and Capitol Hill residents now pay an average of $419 more than they did two years ago.
In order to paint an accurate picture of how people are dealing with the rising costs of renting, the Times put together an online, interactive map that allows readers to click on their neighborhood to tell their “rent story.” According to the map, Ballard’s median household income is $58,229, and median rent for a 2-bedroom apartment is $1,786, with a 5.9% increase per year in rent costs.
To add your rent story to the map, click here.