Shadow Lake, Washington Rental Market Trends

Disclaimer:

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 Shadow Lake, Washington rental market.

Shadow Lake, Washington

Average Apartment Rent

$2,263

Y-o-Y Change in Average
Apartment Rent

5.6%

As of May 2026

Compared to a year ago, Shadow Lake, Washington apartments have recorded a 5.6% rent increase.

Shadow Lake, Washington Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Shadow Lake $2,081 $2,092 $2,149 $2,141 $2,140 $2,152 $2,221 $2,207 $2,220
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Shadow Lake
National
Jul 2023
$2,081
$1,741
Nov 2023
$2,092
$1,732
Mar 2024
$2,149
$1,736
Jul 2024
$2,141
$1,756
Nov 2024
$2,140
$1,749
Mar 2025
$2,152
$1,755
Jul 2025
$2,221
$1,767
Nov 2025
$2,207
$1,753
Mar 2026
$2,220
$1,750

Shadow Lake, Washington Average Apartment Rent

Shadow Lake, Washington Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 43.11%, apartments priced $2,000 - $2,500 represent the bulk of Shadow Lake, Washington rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 27.57%.

Shadow Lake, Washington Housing tenure**

Renter occupied housing units 79
Owner occupied housing units 721

Renters take up 10% of Shadow Lake, Washington real estate, occupying a total of 79 units, while homeowners live in 721 properties.

Median number of rooms of renter-occupied housing units**

5.2

Average household size of renter-occupied housing units**

2.29

Rental vacancy rate**

21.8%

Shadow Lake, Washington Renter-occupied housing units by no. of bedrooms**

1 bed 6
2 beds 12
3 beds 53
4 beds 8

There are 53 rentals in Shadow Lake, Washington with 3 beds making up the highest share of the market, at 67%. Units with 1 bed, on the other hand, hold the lowest percentage (8%), amounting to 6 units. Overall, the median number of rooms in Shadow Lake, Washington homes for rent is 5.2.

Shadow Lake, Washington Renter-occupied units by age of householder**

35 - 44 years 35
45 - 54 years 8
65 - 74 years 14
85 years and over 22

Most condos for rent in Shadow Lake, Washington are occupied by residents in the 35 - 44 years age group (44%), followed by those in the 85 years and over age group (28%). At the same time, people in the 45 - 54 years age group make up the lowest share of the local rental market – 10%.

Shadow Lake, Washington Renter-occupied housing units by family type**

Family households 51
Non-Family Households 28

Shadow Lake, Washington Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 30
No related children of the householder under 18 49

A total of 51 apartments for rent in Shadow Lake, Washington, or 65% of all rentals are family households. Additionally, 38% of rental homes include children under the age of 18 – that’s 30 units. All in all, the median size of a renter-occupied household in Shadow Lake, Washington is 2.29.

Shadow Lake, Washington Renter-occupied housing units by educational attainment**

Less than high school graduate 6
High school graduate (including equivalency) 57
Some college or associate's degree 16

In terms of education, renters holding bachelor degrees or higher make up 0% of the rental market. In contrast, residents with less than a high school degree reside in 8% of the homes for rent in Shadow Lake, Washington.

Shadow Lake, Washington Renter-occupied units by year structure built**

Built 2010 - 2019 4
Built 1970 - 1979 62
Built 1939 or earlier 13

The highest share of Shadow Lake, Washington apartment rentals, namely 78% or 62 units, were Built 1970 - 1979, followed by those Built 1939 or earlier (16%, 13 units), and the ones Built 2010 - 2019 (5%, 4 units).

Shadow Lake, Washington Renter-occupied units by year householder moved in**

Moved in 2010 to 2017 79

All Shadow Lake, Washington renters Moved in 2010 to 2017.

Shadow Lake, Washington Renter-occupied housing units by vehicles available**

1 vehicle available 14
2 vehicles available 22
3 vehicles available 12
4 or more vehicles available 31

When it comes to transportation options, 39% of Shadow Lake, Washington renters have 4 or more vehicles available per household, 28% of them have 2 vehicles available, and 18% have 1 vehicle available.

Shadow Lake, Washington Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 60
Car, truck, or van - carpooled 8
Taxicab, motorcycle, bicycle, or other means 5

Shadow Lake, Washington Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 181

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 Shadow Lake, 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

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