Posts tagged as “has felt the impact of the rent increase despite living in a low-income apartment assisted by the Multifamily Property Tax Exemption (MFTE) program. “The rent has gone up to $150 this year”

A report by Redfin, a real estate company, pointed to a 28.7% year over year average increase in housing rentals in 2022. Apartment List platform says that in Seattle a studio apartment or one bedroom apartment costs between $1,754 to $2,325.