Matrix Multifamily Seattle Report-Winter 2021 February 18, 2021

Seattle sees a slide

Seattle’s multifamily market ended 2020 in a difficult position. Rents were down 1.1% on a three-month basis through December, to $1,797. However, the figure remained above the $1,465 U.S. average. Rent growth is expected to rebound by the end of this year.