Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

8 of 10
8. Seattle: Rent
Seattle: Rent
Average list price: $461,000
Average annual rent: $18,600
Price to rent ratio: 24.9

This busy city in the Pacific Northwest has grown its economy through a combination of new tech and old manufacturing and extractive industries. The metro area's unemployment rate is healthier than the nation as a whole at 8.2% in April.

Home prices have boomed in the city, partly because of smart growth initiatives meant to promote greater density in the core while maintaining open areas nearby. That acts as an artifical constraint to development, raises acquisition costs for builders and boosts home prices.

Median metro area home prices have fallen more than 20% from their peak, according to the National Association of Home Builders and Wells Fargo, making home buying more affordable but rents have stagnated as well keeping the price-to-rent ratio high.

NEXT: Portland, Ore.: Rent
Last updated June 14 2010: 2:22 PM ET
  • Find Homes for sale
    Real estate and homes for sale on Trulia

  • Property Type
  • Find a home in:
  • New York | Atlanta | Chicago | Los Angeles
  • Washington D.C | Houston | Philadelphia | More options
More Galleries
Black Friday 2015 in pictures Shoppers around the country braved the crowds to get their hands on the best Black Friday deals. More
Driving the ultimate in '50s Mercedes-Benz style The SC was the car that re-introduced Mercedes-Benz as a global luxury car icon. More
Driving the world's first car Driving a replica of the 1886 Benz Patent Motorwagen, the first internal combustion automobile. More

Special Offer