Over the past year, annual rent growth turned positive across nearly every Puget Sound area submarket. With construction slowing and demand strong, rents are now climbing across the metropolitan area.
CoStar Insight
Puget Sound region multifamily rents grow as supply pressure eases
Despite a seasonal dip, annual rent growth remains positive
CoStar Analytics
October 16, 2025 | 2:42 P.M.
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