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Downtown Seattle Apartment Rents Rise for First Time in 17 Months Amid Amazon’s Return-to-Office Policy

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After a prolonged decline, downtown Seattle apartment rents have finally seen an uptick, marking the first increase in 17 months. According to a recent report by Redfin, the median asking rent for an apartment in downtown Seattle rose 2.5 percent year over year in December 2024, reaching $2,000. This increase comes just ahead of Amazon’s […]

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