Index Investing News
Saturday, May 10, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Seattle has nation’s smallest new flats, report reveals

by Index Investing News
April 18, 2025
in Property
Reading Time: 3 mins read
A A
0
Home Property
Share on FacebookShare on Twitter


There are a variety of causes of us transfer to Seattle from across the nation. Spacious flats isn’t one among them.

Seattle flats constructed previously 10 years have a mean dimension of 649 sq. ft, based on a brand new report from RentCafe.com, an house search web site. Among the many 100 U.S. cities with the most important variety of rental models, Seattle ranks final for common house dimension.

Seattle flats was once a bit greater. Ten years in the past, they averaged 706 sq. ft. However as the price of housing rose, builders responded by constructing smaller flats, together with a slew of micro-units, which may be as tiny as 150 sq. ft. Many renters in Seattle appear keen to sacrifice residing house to decrease the hire.

Based on the report, new building in Seattle more and more centered on studios and one-bedrooms, which have additionally shrunk in dimension over the previous decade. For instance, the report reveals that the typical studio in Seattle is now 371 sq. ft, down from 442 sq. ft one decade earlier.

Seattle has nation’s smallest flats

Among the many 100 cities with the most important variety of rental models, Seattle has the smallest common new house dimension, at 649 sq. ft.

Flats with two or extra bedrooms now make up solely 19% of latest stock, down from 24% 10 years in the past. However not like studios and one-bedrooms, the bigger flats have grown barely.

Tiny flats would possibly present an answer to counter the excessive price of housing in Seattle for some — particularly, single individuals. And actually, single individuals are a big and rising section of town’s inhabitants. In my earlier column, I reported on new census information displaying that for the primary time, half of all males in Seattle have been never-married singles.

Small flats don’t work practically as effectively for {couples} or households, who would possibly discover themselves having to look outdoors of Seattle for housing.

Among the many 100 cities within the report, just one different had a mean new house dimension under 700 sq. ft: Portland, the place the micro-unit development has additionally taken maintain. The Rose Metropolis ranked second with a mean of 668 sq. ft.

Two New York Metropolis boroughs take the third and fourth spots, with Queens at 702 sq. ft adopted by Brooklyn at 708 sq. ft. San Francisco rounds out the highest 5 cities for smallest new flats, averaging 716 sq. ft.

Nationally, there was a current uptick in common house dimension since 2022. Earlier than that, sq. footage was on a reasonably regular downward slide.

Among the many 100 cities within the report, 85 have seen flats shrink over the previous 10 years. Detroit had essentially the most dramatic lower, with the typical house down by 184 sq. ft, or 25%. Based on the report, Detroit is experiencing an identical development as Seattle and Portland towards building of a lot smaller flats.

A lot of the 15 cities the place models have elevated in dimension are smaller and fewer densely populated, however there are some exceptions. In San Francisco, the typical unit grew 59 sq. ft, and the typical house dimension additionally elevated within the New York Metropolis boroughs of Manhattan, Brooklyn and Queens.

So the place can you reside if you’d like room to stretch out?

The ten cities with the most important common house dimension are situated within the Sunbelt. Tallahassee ranked No. 1, with a mean of 1,130 sq. ft, 74% bigger than Seattle. One other Florida metropolis, Gainesville, ranked second at 1,122 sq. ft, adopted by Baton Rouge, La., at 1,055 sq. ft.

The house dimension and hire information are present as of February 2025. The info comes from Yardi Matrix, a RentCafe.com sister firm specializing in house market data for greater than 177 U.S. markets.



Source link

Tags: apartmentsNationsReportSeattleshowsSmallest
ShareTweetShareShare
Previous Post

Nashville Blended-Use Instructions $50M – Business Property Govt

Next Post

Liverpool main race to signal “future Ballon d’Or winner”

Related Posts

5 Finest Seashores in Charleston, SC!

5 Finest Seashores in Charleston, SC!

by Index Investing News
May 10, 2025
0

Uncover the 5 finest seashores in and round Charleston that supply a wide range of experiences, from thrilling browsing adventures...

Don’t Belief Your Landlord? Right here’s How You Can Discover Extra Data.

Don’t Belief Your Landlord? Right here’s How You Can Discover Extra Data.

by Index Investing News
May 10, 2025
0

Q: I lease an house in a Central Harlem townhouse. The constructing has three items, however I do know that...

Rejoice Mom’s Day with These LIV SIR Dynamic Groups

Rejoice Mom’s Day with These LIV SIR Dynamic Groups

by Index Investing News
May 10, 2025
0

To have fun Mom’s Day, we needed to showcase a few of our superb groups led by none aside from...

A window to progress: NWD builds on strategic acquisition of Specialty North American

A window to progress: NWD builds on strategic acquisition of Specialty North American

by Index Investing News
May 9, 2025
0

From its humble beginnings over 20 years in the past, when renting Penske vans to ship high-end home windows and...

Industrial Report: E-Commerce Drives Industrial Demand Progress

Industrial Report: E-Commerce Drives Industrial Demand Progress

by Index Investing News
May 9, 2025
0

Regardless of short-term uncertainty attributable to shifting tariffs, e-commerce continues to be a strong pressure, shaping industrial actual property demand,...

Next Post
Liverpool main race to signal “future Ballon d’Or winner”

Liverpool main race to signal "future Ballon d'Or winner"

BNB Chain Tops NFT Market Chart – Its Every day NFT Gross sales Hit +M

BNB Chain Tops NFT Market Chart – Its Every day NFT Gross sales Hit +$9M

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Watch: A Google-Search-Gone-Wrong Short Film – ‘Trichotillomania!’

Watch: A Google-Search-Gone-Wrong Short Film – ‘Trichotillomania!’

November 25, 2023
Newcastle 0 – 2 Liverpool

Newcastle 0 – 2 Liverpool

February 18, 2023
Asian stocks dip ahead of Chinese data, Fed cues By Investing.com

Asian stocks dip ahead of Chinese data, Fed cues By Investing.com

May 15, 2023
Flaco the owl, New York City’s favourite flying fugitive, found dead

Flaco the owl, New York City’s favourite flying fugitive, found dead

February 25, 2024
New FA scheme backed to boost prospects of young female footballers in England

New FA scheme backed to boost prospects of young female footballers in England

February 9, 2023
Kyber Network (KNC) Ticks All Bullish Sentiments, Can Price Go To ?

Kyber Network (KNC) Ticks All Bullish Sentiments, Can Price Go To $3?

September 10, 2022
“My hunger is to improve”

“My hunger is to improve”

November 27, 2023
How the PWHL’s youngest player is adjusting to a new league — and a new language

How the PWHL’s youngest player is adjusting to a new league — and a new language

February 2, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In