The average rent for a
Kitsap County apartment was more than $1,000 in the second quarter
of 2015, as vacancy rates continued to plunge.
Apartment complexes in the county reported and average rent of $1,009 per unit in the months for the second quarter, according to Tom Cain of Apartment Insights Washington.
Rents were 10 percent higher in the second quarter of 2015 than in the same period of 2014, driven by steep increases in Poulsbo and on Bainbridge Island.
The rate of vacant apartments fell to 3 percent, giving Kitsap one of the lowest vacancy rates in the Puget Sound region.
Here’s a graphical look at apartment rental trends in Kitsap and neighboring counties:
