Union Hill-Novelty Hill, 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 Union Hill-Novelty Hill, Washington rental market.
Union Hill-Novelty Hill, Washington
Average Apartment Rent
$2,418
Y-o-Y Change in Average
Apartment Rent
-4.2%
As of March 2026
Compared to a year ago, Union Hill-Novelty Hill, Washington apartments have recorded a -4.2% rent decrease.
Union Hill-Novelty Hill, Washington Average apartment rent trend
Union Hill-Novelty Hill, Washington Average Apartment Rent
Union Hill-Novelty Hill, Washington Apartment rent ranges
At 34.55%, apartments priced $2,000 - $2,500 represent the bulk of Union Hill-Novelty Hill, Washington rentals, while condos priced Over $3,000 hold the lowest share of the market – 18.44%.
Union Hill-Novelty Hill, Washington Housing tenure**
Renters take up 16% of Union Hill-Novelty Hill, Washington real estate, occupying a total of 1,316 units, while homeowners live in 7,167 properties.
Median number of rooms of renter-occupied housing units**
4.5
Renter median household income**
$59,716
Average household size of renter-occupied housing units**
2.43
Rental vacancy rate**
2.7%
Union Hill-Novelty Hill, Washington Renter-occupied housing units by no. of bedrooms**
There are 510 rentals in Union Hill-Novelty Hill, Washington with 2 beds making up the highest share of the market, at 39%. 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 Union Hill-Novelty Hill, Washington homes for rent is 4.5.
Union Hill-Novelty Hill, Washington Renter-occupied units by age of householder**
Most condos for rent in Union Hill-Novelty Hill, Washington are occupied by residents in the 35 - 44 years age group (32%), followed by those in the 45 - 54 years age group (15%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 4%.
Union Hill-Novelty Hill, Washington Renter-occupied housing units by family type**
Union Hill-Novelty Hill, Washington Renter-occupied housing units by the presence of own children**
A total of 696 apartments for rent in Union Hill-Novelty Hill, Washington, or 53% of all rentals are family households. Additionally, 31% of rental homes include children under the age of 18 – that’s 414 units. All in all, the median size of a renter-occupied household in Union Hill-Novelty Hill, Washington is 2.43.
Union Hill-Novelty Hill, Washington Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 56% of the rental market. In contrast, residents with less than a high school degree reside in 2% of the homes for rent in Union Hill-Novelty Hill, Washington.
Union Hill-Novelty Hill, Washington Renter-occupied units by year structure built**
The highest share of Union Hill-Novelty Hill, Washington apartment rentals, namely 63% or 828 units, were Built 2000 - 2009, followed by those Built 2010 - 2019 (13%, 174 units), and the ones Built 1990 - 1999 (11%, 149 units).
Union Hill-Novelty Hill, Washington Renter-occupied units by year householder moved in**
Median year renter moved into unit 2019
Most Union Hill-Novelty Hill, Washington renters (55%) moved in 2018 to 2020, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Union Hill-Novelty Hill, Washington condos for rent is 2019.
Union Hill-Novelty Hill, Washington Renter-occupied housing units by vehicles available**
When it comes to transportation options, 48% of Union Hill-Novelty Hill, Washington renters have 1 vehicle available per household, 33% of them have 2 vehicles available, and 15% have No vehicle available.
Union Hill-Novelty Hill, Washington Means of transportation to work of householders living in renter-occupied housing units**
Union Hill-Novelty Hill, 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 Union Hill-Novelty Hill, 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
