Apartments for Rent in Silver Lake, Eastmont, WA

Silver Lake, Eastmont apartment availability

Silver Lake's rental market offers a strong selection of listings, with an average of 57 rentals available each month in 2024. The neighborhood's rental inventory is diverse, with a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, as well as a few studios. Notably, nearly all of Eastmont's 1-bedroom, 2-bedroom, and studio listings are located in Silver Lake. Pet owners will appreciate that over 80% of apartments in the area allow small pets, making it an attractive option for those with furry friends. With its varied housing options and pet-friendly atmosphere, Silver Lake is a popular choice for renters in Eastmont.

Silver Lake, Eastmont rental market trends

Silver Lake's rental market experienced a relatively stable year, with a modest 0.25% year-over-year increase in average monthly rent, reaching $2,178. 1-bedrooms saw a decline in rent, averaging $1,768 per month, a 3.22% decrease from the previous year. In contrast, studios experienced a significant 10.5% increase, with an average rent of $2,526. The average rent for 2-bedrooms and 3-bedrooms rose slightly, to $2,098 and $2,662, respectively.

The summer months tend to see higher demand and prices in Silver Lake, with August typically being the most expensive month. Rents in August are about 4.9% higher than in November, the month with the lowest average rent. If you're looking for a new apartment, November may be a good time to find a deal. On the other hand, be prepared for more competition during the peak summer months.

Why Silver Lake, Eastmont is a great place to live

Silver Lake stands out as a hub for individuals prioritizing fitness and wellness, as well as those seeking an active social life. The neighborhood's appeal for social enthusiasts can be attributed to its high walk score, frequent transit options, safety, well-maintained street infrastructure, and abundance of shared community spaces.

For those focused on fitness and wellness, Silver Lake offers a range of amenities, including onsite pools and spas, fully equipped gyms, fitness classes, and wellness programs. The area also features farmers' markets, health food stores, and regular health and wellness events, making it an ideal location for renters who value a balanced lifestyle. With its unique blend of social and wellness-focused amenities, Silver Lake is an attractive option for renters seeking a vibrant community that supports their active and healthy lifestyle.