Rental market report · November 2026
Seattle rental market report, November 2026
Single-family rents, rent by bedroom, what is on the NWMLS today, the HUD anchor and the rules that set this month's renewal letters, for owners of a rental house in Seattle.
The median single-family rent in Seattle is $3,150 a month in November 2026, down 4.4% from October 2025. Across every rental type the median is $1,955 (down 2.2% from October 2025), and a listing takes a median 15 days to lease. On the NWMLS, 174 Seattle rentals were active on November 4, 2026, 57 of them houses asking a median $4,295. HUD's FY2027 Fair Market Rent for a 3-bedroom in Seattle's ZIP codes runs $2,890 to $4,120, and the 2026 cap on a renewal is 9.683%.
Median rent
$1,955
all rental types, November 2026, licensed data
Single-family median
$3,150
707 house listings, licensed data
Active single-family rentals
57
of 174 Seattle rentals on the NWMLS, November 4, 2026
Days on market
15
median, licensed data
Rent by bedroom
What each size rents for in Seattle.
| Size | Median rent (November 2026) | Active on the NWMLS | NWMLS asking median | HUD FY2027 SAFMR (ZIP median) |
|---|---|---|---|---|
| Studio | $1,395 (639 listings) | 18 | $2,200 | $2,170 |
| 1 bedroom | $1,600 (1,075 listings) | 31 | $2,280 | $2,260 |
| 2 bedrooms | $2,495 (831 listings) | 57 | $3,250 | $2,640 |
| 3 bedrooms | $3,599 (479 listings) | 43 | $3,900 | $3,440 |
| 4 bedrooms | $4,495 (125 listings) | 17 | $5,000 | $4,100 |
| 5+ bedrooms | $5,395 (32 listings) | 8 | $6,250 | — |
Licensed medians are listing-weighted across the city's 15 report ZIP codes. NWMLS figures are the brokerage-listed rentals active on November 4, 2026; no median is shown from fewer than 5 listings.
Twelve months
Where Seattle rent moved since October 2025.
| Month | Median rent | Single-family median |
|---|---|---|
| October 2025 | $2,000 | $3,295 |
| November 2025 | $1,995 | $3,100 |
| December 2025 | $1,954 | $2,950 |
| January 2026 | $1,884 | $3,100 |
| February 2026 | $1,900 | $3,000 |
| March 2026 | $1,850 | $2,995 |
| April 2026 | $1,841 | $3,050 |
| May 2026 | $1,850 | $3,000 |
| June 2026 | $1,905 | $2,900 |
| July 2026 | $1,995 | $3,195 |
| August 2026 | $1,895 | $3,495 |
| September 2026 | $2,000 | $3,200 |
| October 2026 | $1,955 | $3,000 |
By ZIP code
The 15 ZIP codes behind the Seattle numbers.
| ZIP | Median rent | Single-family median | Listings | HUD 2-bed SAFMR | HUD 3-bed SAFMR |
|---|---|---|---|---|---|
| 98103 | $2,150 | $2,800 | 460 | $3,000 | $3,910 |
| 98115 | $1,955 | $3,695 | 226 | $2,950 | $3,850 |
| 98117 | $2,750 | $3,250 | 137 | $2,780 | $3,620 |
| 98105 | $1,600 | $3,500 | 373 | $2,800 | $3,650 |
| 98116 | $2,031 | $3,900 | 125 | $2,520 | $3,290 |
| 98118 | $2,245 | $3,399 | 158 | $2,430 | $3,170 |
| 98125 | $1,725 | $2,975 | 219 | $2,640 | $3,440 |
| 98133 | $1,716 | $3,000 | 283 | $2,580 | $3,360 |
| 98144 | $1,895 | $3,500 | 185 | $2,640 | $3,440 |
| 98199 | $2,645 | $4,200 | 111 | $3,010 | $3,920 |
| 98122 | $1,793 | $2,730 | 432 | $3,160 | $4,120 |
| 98107 | $2,195 | $2,875 | 220 | $3,040 | $3,960 |
| 98126 | $1,694 | $3,150 | 115 | $2,270 | $2,960 |
| 98108 | $2,700 | $3,200 | 74 | $2,220 | $2,890 |
| 98106 | $2,550 | $3,150 | 101 | $2,490 | $3,250 |
If you own one house here
What this month means for a Seattle landlord.
- Pricing a vacancy. Start from $3,150, this month's single-family median, then move for bedrooms, condition and parking: the bedroom table above is the band a Seattle applicant will compare you against, and 57 houses are competing on the NWMLS today.
- The cap. A renewal on a $3,150 rent can rise at most $305 a month in 2026 (9.683%), with 180 days' written notice in Seattle; a new tenancy is not capped, so a vacancy is the one moment the rent resets to market.
- Placement timing. At a median 15 days on market, a home listed 29 days before the move-out date leases without a vacant month; the cost of a mispriced listing is the days it adds, not the dollars it asks.
RexMont Rent Read
What would your Seattle house rent for in November 2026?
Request your Rent Read and see your home’s rent range from RexMont’s NWMLS rental data. Grisel Castro, our Property Manager, confirms the number and what renting versus selling looks like at a consultation meeting.
Homes for rent now
The 5 newest Seattle rental listings on the NWMLS.
Active rentals as listed by their brokerages, newest first, refreshed hourly. Asking rent, bedrooms and the listing office are shown as reported to the Northwest Multiple Listing Service.
$2,800/mo
MLS# 26009967934 SW 20th Avenue
Seattle, WA 98106
Listing courtesy of John L. Scott Mill Creek
$5,995/mo
MLS# 26010293718 W Dravus Street
Seattle, WA 98199
Listing courtesy of Realogics Sotheby's Int'l Rlty
$3,250/mo
MLS# 2600654110 21st Avenue #C
Seattle, WA 98122
Listing courtesy of Lake & Company
$2,300/mo
MLS# 26001062309 N Northlake Way #16
Seattle, WA 98103
Listing courtesy of Special Agents Realty
$3,500/mo
MLS# 2600264107 Martin Luther King Jr Way #107
Seattle, WA 98122
Listing courtesy of Lori Gill & Assoc. Prop Mgmt
All homes for rent in Seattle→
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some IDX listings have been excluded from this website.
© 2026 Northwest Multiple Listing Service. All rights reserved.
Your property management team
The people managing your Seattle rental.
Grisel Castro
Property Manager · WA Lic. #137529
Leads leasing, pricing, renewals, and owner strategy
Real people, not a call center. Adriano Tori, Designated Broker (WA Lic. #27660), is accountable for every account.
FAQ
Seattle rents — questions owners ask first.
What is the average rent in Seattle in November 2026?
Across every rental type, the median rent in Seattle is $1,955 a month in November 2026 (average $2,330), from licensed rent data covering 3,219 listings in 15 residential ZIP codes, down 2.2% from October 2025. By bedroom: studio $1,395, 1 bedroom $1,600, 2 bedrooms $2,495, 3 bedrooms $3,599, 4 bedrooms $4,495, 5+ bedrooms $5,395.
How much does a single-family house rent for in Seattle?
The median single-family rent in Seattle is $3,150 a month in November 2026, across 707 house listings in the licensed data. On the NWMLS, the 57 houses active on November 4, 2026 ask a median of $4,295. HUD's FY2027 Small Area Fair Market Rent for a 3-bedroom in Seattle's ZIP codes runs $2,890 to $4,120.
How many homes are for rent in Seattle right now?
174 Seattle rentals were active on the Northwest Multiple Listing Service on November 4, 2026: 57 houses, 57 condominiums and 35 townhouses (18 studio, 31 1-bedroom, 57 2-bedroom, 43 3-bedroom, 17 4-bedroom, 8 5+-bedroom). The NWMLS carries the brokerage-listed share of the market; apartment communities and owner-listed homes on rental portals are not in that count, which is why the licensed rent series above covers more listings.
How much can a Seattle landlord raise the rent in 2026?
9.683% on a covered tenancy for 2026 (RCW 59.18.700, published by the Washington State Department of Commerce), with no increase in the first 12 months of a tenancy. On a $3,150 rent that is at most $305 more a month. Seattle requires 180 days' written notice for any increase (SMC 7.24.030); the state floor is 90. A new tenancy is not capped, so the asking rent on a vacancy is set by the market figures in this report.
What is the HUD Fair Market Rent for Seattle?
HUD sets Small Area Fair Market Rents by ZIP code for the Seattle-Bellevue metro. For FY2027 (effective October 1, 2026), Seattle's 15 report ZIP codes run $2,220 to $3,160 for a 2-bedroom and $2,890 to $4,120 for a 3-bedroom; the metro-wide FMR is $2,549 (2-bedroom) and $3,324 (3-bedroom). FMRs are 40th-percentile gross rents used for Housing Choice Vouchers, a floor-of-market anchor rather than a target for a single-family house.
Other cities
This month in the other five reports.
- Bellevue rental market report$4,100 median single-family rent
- Kirkland rental market report$3,850 median single-family rent
- Redmond rental market report$4,100 median single-family rent
- Issaquah rental market report$3,950 median single-family rent
- Sammamish rental market report$4,145 median single-family rent
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