Black Diamond, 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 Black Diamond, Washington rental market.
Black Diamond, Washington
Average Apartment Rent
$2,452
Y-o-Y Change in Average
Apartment Rent
-5.2%
As of March 2026
Compared to a year ago, Black Diamond, Washington apartments have recorded a -5.2% rent decrease.
Black Diamond, Washington Average apartment rent trend
Black Diamond, Washington Average Apartment Rent
Black Diamond, Washington Apartment rent ranges
At 50.98%, apartments priced $2,500 - $3,000 represent the bulk of Black Diamond, Washington rentals, while condos priced Over $3,000 hold the lowest share of the market – 3.92%.
Black Diamond, Washington Housing tenure**
Renters take up 14% of Black Diamond, Washington real estate, occupying a total of 282 units, while homeowners live in 1,790 properties.
Median number of rooms of renter-occupied housing units**
4.7
Renter median household income**
$88,333
Average household size of renter-occupied housing units**
2.45
Rental vacancy rate**
5.7%
Black Diamond, Washington Renter-occupied housing units by no. of bedrooms**
There are 117 rentals in Black Diamond, Washington with 3 beds making up the highest share of the market, at 41%. Units with 1 bed, on the other hand, hold the lowest percentage (7%), amounting to 21 units. Overall, the median number of rooms in Black Diamond, Washington homes for rent is 4.7.
Black Diamond, Washington Renter-occupied units by age of householder**
Most condos for rent in Black Diamond, Washington are occupied by residents in the 45 - 54 years age group (43%), followed by those in the 55 - 59 years age group (15%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 5%.
Black Diamond, Washington Renter-occupied housing units by family type**
Black Diamond, Washington Renter-occupied housing units by the presence of own children**
A total of 140 apartments for rent in Black Diamond, Washington, or 50% of all rentals are family households. Additionally, 33% of rental homes include children under the age of 18 – that’s 94 units. All in all, the median size of a renter-occupied household in Black Diamond, Washington is 2.45.
Black Diamond, Washington Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 33% of the rental market. In contrast, residents with less than a high school degree reside in 17% of the homes for rent in Black Diamond, Washington.
Black Diamond, Washington Renter-occupied units by year structure built**
The highest share of Black Diamond, Washington apartment rentals, namely 34% or 97 units, were Built 1990 - 1999, followed by those Built 1960 - 1969 (27%, 75 units), and the ones Built 1970 - 1979 (14%, 40 units).
Black Diamond, Washington Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Black Diamond, Washington renters (50%) moved in 2018 to 2020, while only 6% of them moved in 2021 or later. Overall, the median year renters have occupied their Black Diamond, Washington condos for rent is 2018.
Black Diamond, Washington Renter-occupied housing units by vehicles available**
When it comes to transportation options, 62% of Black Diamond, Washington renters have 1 vehicle available per household, 16% of them have 2 vehicles available, and 9% have 3 vehicles available.
Black Diamond, Washington Means of transportation to work of householders living in renter-occupied housing units**
Black Diamond, 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 Black Diamond, 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
