Maple Valley, 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 Maple Valley, Washington rental market.
Maple Valley, Washington
Average Apartment Rent
$2,132
Y-o-Y Change in Average
Apartment Rent
4.2%
As of November 2024
Compared to a year ago, Maple Valley, Washington apartments have recorded a 4.2% rent increase.
Maple Valley, Washington Average apartment rent trend
Maple Valley, Washington Average Apartment Rent
Maple Valley, Washington Apartment rent ranges
At 57.78%, apartments priced Over $2,000 represent the bulk of Maple Valley, Washington rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 2.78%.
Maple Valley, Washington Housing tenure**
Renters take up 15% of Maple Valley, Washington real estate, occupying a total of 1,379 units, while homeowners live in 7,814 properties.
Median number of rooms of renter-occupied housing units**
4.7
Renter median household income**
$76,078
Average household size of renter-occupied housing units**
2.78
Rental vacancy rate**
3.2%
Maple Valley, Washington Renter-occupied housing units by no. of bedrooms**
There are 448 rentals in Maple Valley, Washington with 2 beds making up the highest share of the market, at 32%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 17 units. Overall, the median number of rooms in Maple Valley, Washington homes for rent is 4.7.
Maple Valley, Washington Renter-occupied units by age of householder**
Most condos for rent in Maple Valley, Washington are occupied by residents in the 45 - 54 years age group (23%), followed by those in the 35 - 44 years age group (20%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 2%.
Maple Valley, Washington Renter-occupied housing units by family type**
Maple Valley, Washington Renter-occupied housing units by the presence of own children**
A total of 907 apartments for rent in Maple Valley, Washington, or 66% of all rentals are family households. Additionally, 45% of rental homes include children under the age of 18 – that’s 626 units. All in all, the median size of a renter-occupied household in Maple Valley, Washington is 2.78.
Maple Valley, Washington Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 32% of the rental market. In contrast, residents with less than a high school degree reside in 1% of the homes for rent in Maple Valley, Washington.
Maple Valley, Washington Renter-occupied units by year structure built**
The highest share of Maple Valley, Washington apartment rentals, namely 37% or 510 units, were Built 1990 - 1999, followed by those Built 1980 - 1989 (22%, 308 units), and the ones Built 2010 - 2019 (20%, 273 units).
Maple Valley, Washington Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Maple Valley, Washington renters (46%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Maple Valley, Washington condos for rent is 2018.
Maple Valley, Washington Renter-occupied housing units by vehicles available**
When it comes to transportation options, 39% of Maple Valley, Washington renters have 1 vehicle available per household, 35% of them have 2 vehicles available, and 11% have 4 vehicles available.
Maple Valley, Washington Means of transportation to work of householders living in renter-occupied housing units**
Maple Valley, 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 Maple Valley, 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
