Snoqualmie, 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 Snoqualmie, Washington rental market.

Snoqualmie, Washington

Average Apartment Rent

$2,788

Y-o-Y Change in Average
Apartment Rent

-4.6%

As of November 2024

Compared to a year ago, Snoqualmie, Washington apartments have recorded a -4.6% rent decrease.

Snoqualmie, Washington Average apartment rent trend

Median Rent Nov 2021 Mar 2022 Jul 2022 Nov 2022 Mar 2023 Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024
Snoqualmie $2,519 $2,532 $2,849 $2,760 $2,793 $2,876 $2,923 $2,750 $2,947 $2,788
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Snoqualmie
National
Nov 2021
$2,519
$1,596
Mar 2022
$2,532
$1,635
Jul 2022
$2,849
$1,708
Nov 2022
$2,760
$1,726
Mar 2023
$2,793
$1,714
Jul 2023
$2,876
$1,739
Nov 2023
$2,923
$1,733
Mar 2024
$2,750
$1,727
Jul 2024
$2,947
$1,752
Nov 2024
$2,788
$1,748

Snoqualmie, Washington Average Apartment Rent

Snoqualmie, Washington Housing tenure**

Renter occupied housing units 682
Owner occupied housing units 3,857

Renters take up 15% of Snoqualmie, Washington real estate, occupying a total of 682 units, while homeowners live in 3,857 properties.

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

5.9

Renter median household income**

$135,491

Average household size of renter-occupied housing units**

3.01

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

No bedrooms 18
1 bed 39
2 beds 277
3 beds 192
4 beds 126
5 or more beds 30

There are 277 rentals in Snoqualmie, Washington with 2 beds making up the highest share of the market, at 41%. Units with No bedrooms, on the other hand, hold the lowest percentage (3%), amounting to 18 units. Overall, the median number of rooms in Snoqualmie, Washington homes for rent is 5.9.

Snoqualmie, Washington Renter-occupied units by age of householder**

15 - 24 years 5
25 - 34 years 130
35 - 44 years 268
45 - 54 years 88
55 - 59 years 38
60 - 64 years 104
65 - 74 years 49

Most condos for rent in Snoqualmie, Washington are occupied by residents in the 35 - 44 years age group (39%), followed by those in the 25 - 34 years age group (19%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 1%.

Snoqualmie, Washington Renter-occupied housing units by family type**

Family households 580
Non-Family Households 102

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

With related children of the householder under 18 323
No related children of the householder under 18 359

A total of 580 apartments for rent in Snoqualmie, Washington, or 85% of all rentals are family households. Additionally, 47% of rental homes include children under the age of 18 – that’s 323 units. All in all, the median size of a renter-occupied household in Snoqualmie, Washington is 3.01.

Snoqualmie, Washington Renter-occupied housing units by educational attainment**

Less than high school graduate 21
High school graduate (including equivalency) 74
Some college or associate's degree 248
Bachelor's degree or higher 339

In terms of education, renters holding bachelor degrees or higher make up 50% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Snoqualmie, Washington.

Snoqualmie, Washington Renter-occupied units by year structure built**

Built 2020 or later 6
Built 2010 - 2019 128
Built 2000 - 2009 184
Built 1990 - 1999 182
Built 1980 - 1989 91
Built 1970 - 1979 12
Built 1950 - 1959 14
Built 1940 - 1949 22
Built 1939 or earlier 43

The highest share of Snoqualmie, Washington apartment rentals, namely 27% or 184 units, were Built 2000 - 2009, followed by those Built 1990 - 1999 (27%, 182 units), and the ones Built 2010 - 2019 (19%, 128 units).

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

Moved in 2021 or later 165
Moved in 2018 to 2020 215
Moved in 2010 to 2017 302

Median year renter moved into unit 2019

Most Snoqualmie, Washington renters (44%) moved in 2010 to 2017, while only 24% of them moved in 2021 or later. Overall, the median year renters have occupied their Snoqualmie, Washington condos for rent is 2019.

Snoqualmie, Washington Renter-occupied housing units by vehicles available**

No vehicle available 25
1 vehicle available 294
2 vehicles available 251
3 vehicles available 55
4 vehicles available 41
5 or more vehicles available 16

When it comes to transportation options, 43% of Snoqualmie, Washington renters have 1 vehicle available per household, 37% of them have 2 vehicles available, and 8% have 3 vehicles available.

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

Car, truck, or van - drove alone 795
Car, truck, or van - carpooled 120
Public transportation (excluding taxicab) 14
Walked 31
Taxicab, motorcycle, bicycle, or other means 37
Worked at home 246

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

Same house as 1 year ago 1,409
Moved within same county 496
Moved from different state 127

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 Snoqualmie, 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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