{"id":9724,"date":"2025-08-07T09:08:00","date_gmt":"2025-08-07T09:08:00","guid":{"rendered":"https:\/\/www.yardimatrix.com\/blog\/?p=9724"},"modified":"2025-12-04T09:16:09","modified_gmt":"2025-12-04T09:16:09","slug":"seattle-multifamily-market-report-july-2025","status":"publish","type":"post","link":"https:\/\/www.yardimatrix.com\/blog\/seattle-multifamily-market-report-july-2025\/","title":{"rendered":"Seattle Multifamily Market Report \u2013 July 2025"},"content":{"rendered":"\n

Read the latest Yardi Matrix Seattle Multifamily Market Report<\/a><\/strong>.<\/p>\n\n\n

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Rent Growth Rebounds, PPU Hits New Peak<\/h2>\n

Seattle\u2019s multifamily fundamentals had a good start to the 2025 leasing season, as per the latest Yardi Matrix Seattle multifamily market report, with average advertised asking rents up 0.5%, on a trailing three-month basis through May, to $2,246, outperforming the U.S. rate, which was up 0.3%, to $1,761. Meanwhile, the occupancy rate in stabilized properties fell 30 basis points year-over-year, to 95.1% in April, above the 94.4% national figure, according to the U.S. multifamily market report<\/strong><\/a>. On a year-over-year basis through March, Seattle\u2019s employment growth recorded the third consecutive month at 1.4% and the fourth straight month above the 0.9% U.S. rate. The metro gained 16,000 net jobs over the 12-month period ending in March.<\/p>\n