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In the Puget Sound region, a supply surge leaves older apartments searching for renters

With renter households favoring new builds, many operators of aging assets see occupancy drop
CoStar Analytics
October 9, 2025 | 3:21 P.M.

The Seattle metropolitan area’s apartment market shows signs of divergence between newer and older assets.

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News | In the Puget Sound region, a supply surge leaves older apartments searching for renters