Seattle apartment-dwellers: You thought your rent was high — well, you’re right.
Data released Thursday by the Census Bureau rank Seattle — for the first time — among the 10 most-expensive cities for renters.
To achieve that dubious honor, we had to claw our way past Oakland and Long Beach, Calif., on the list of high-priced places to live.
So how’d we do it?
Simple. Between 2010 and 2013, Seattle renters took a bigger hit to their pocketbooks than renters in any other large U.S. city. The gross median rent here — that is, rent plus utilities — spiked by $113, or nearly 11 percent. That’s the sharpest rise in rent among the nation’s 50 most-populous cities.
Seattle is the only large city where rents jumped by more than $100, and by more than 10 percent, in this period.
The median amount paid by Seattle renters, across all size units, reached $1,172 in 2013. The census data also show that three out of five Seattle apartments now rent for more than $1,000.
Last week on FYI Guy, we explored data about people leaving Seattle — maybe they’re in search of cheaper rent?
But if that’s your goal, forget about fleeing to the Eastside.
Rents in Bellevue rose even more dramatically than they did in Seattle, jumping by $152 between 2010 and 2013. The median rent there now stands at $1,494 — that’s $3 higher than San Francisco, believe it or not.
The census data also show that Seattle’s apartment-dwelling population reached 307,000 in 2013 — a 13 percent increase since 2010. So while it may not be cheap to rent here, that certainly isn’t keeping people away.