Alderwood Manor, Washington Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Alderwood Manor, Washington rental market.
Alderwood Manor, Washington
Average Apartment Rent
$2,065
Y-o-Y Change in Average
Apartment Rent
-2.6%
As of March 2026
Compared to a year ago, Alderwood Manor, Washington apartments have recorded a -2.6% rent decrease.
Alderwood Manor, Washington Average apartment rent trend
Alderwood Manor, Washington Average Apartment Rent
Alderwood Manor, Washington Apartment rent ranges
At 46.49%, apartments priced $1,500 - $2,000 represent the bulk of Alderwood Manor, Washington rentals, while condos priced Over $3,000 hold the lowest share of the market – 2.3%.
Alderwood Manor, Washington Housing tenure**
Renters take up 31% of Alderwood Manor, Washington real estate, occupying a total of 1,083 units, while homeowners live in 2,422 properties.
Median number of rooms of renter-occupied housing units**
4.5
Renter median household income**
$106,161
Average household size of renter-occupied housing units**
2.87
Alderwood Manor, Washington Renter-occupied housing units by no. of bedrooms**
There are 475 rentals in Alderwood Manor, Washington with 2 beds making up the highest share of the market, at 44%. Units with No bedrooms, on the other hand, hold the lowest percentage (3%), amounting to 36 units. Overall, the median number of rooms in Alderwood Manor, Washington homes for rent is 4.5.
Alderwood Manor, Washington Renter-occupied units by age of householder**
Most condos for rent in Alderwood Manor, Washington are occupied by residents in the 35 - 44 years age group (39%), followed by those in the 25 - 34 years age group (24%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.
Alderwood Manor, Washington Renter-occupied housing units by family type**
Alderwood Manor, Washington Renter-occupied housing units by the presence of own children**
A total of 635 apartments for rent in Alderwood Manor, Washington, or 59% of all rentals are family households. Additionally, 33% of rental homes include children under the age of 18 – that’s 356 units. All in all, the median size of a renter-occupied household in Alderwood Manor, Washington is 2.87.
Alderwood Manor, Washington Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 45% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Alderwood Manor, Washington.
Alderwood Manor, Washington Renter-occupied units by year structure built**
The highest share of Alderwood Manor, Washington apartment rentals, namely 32% or 343 units, were Built 1980 - 1989, followed by those Built 2000 - 2009 (22%, 233 units), and the ones Built 2010 - 2019 (19%, 204 units).
Alderwood Manor, Washington Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Alderwood Manor, Washington renters (45%) moved in 2018 to 2020, while only 4% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Alderwood Manor, Washington condos for rent is 2018.
Alderwood Manor, Washington Renter-occupied housing units by vehicles available**
When it comes to transportation options, 30% of Alderwood Manor, Washington renters have 2 vehicles available per household, 28% of them have 1 vehicle available, and 22% have 3 vehicles available.
Alderwood Manor, Washington Means of transportation to work of householders living in renter-occupied housing units**
Alderwood Manor, Washington Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Alderwood Manor, Washington apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
