Local cities make list for most competitive rental

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Real Estate

Seattle and Tacoma were among the top 50 most competitive rental markets in 2021, according to an end-of-the-year report from RentCafe, a nationwide internet listing service.  

Tacoma cracked the top 10 as the eighth most competitive rental market this year. Vacant apartments stayed on the market for an average of 23 days, the report said, and for every vacant apartment there was an average of 24 prospective renters.

Seattle’s rental market last year was a bit cooler than Tacoma’s. Vacant apartments stayed on the market for an average of 32 days, the report said, and for every vacant apartment there was an average of 16 prospective renters. Those figures made Seattle the 35th most competitive rental market in 2021.

Nationally, the report found that a rental stayed on the market for 28 days and had 14 prospective renters on average in 2021.  

Click here for more information: https://www.seattlepi.com/realestate/article/tacoma-8th-most-competitive-rental-market-of-2021-16718088.php