The monthly rent for the average two-bedroom, two-bath apartment in King County now is more than 40 percent higher than the typical principal and interest payment on a median-priced condo, research firm Dupre + Scott Apartment Advisors calculates.
Even when closing costs, maintenance, taxes and insurance are factored in, owning typically is less expensive than renting in every metropolitan area in the country — 42 percent cheaper in the greater Seattle area, online real-estate marketplace Trulia said in a report this month.
Rent or buy? Math has shifted, but answer remains: it depends ~ Seattle Times
Seattle may be in record apartment boom ~ Seattle PI
Seattle likely to require inspection of rental units ~ Seattle Times
Realogy sets terms for $1 billion IPO ~ Reuters
5 Reasons to Sell Now ~ The KCM Blog