{
  "schema_version": "1.0",
  "submarket": {
    "slug": "ballard-wa",
    "name": "Ballard",
    "state": "WA",
    "city": "SEATTLE",
    "cbsa": "Seattle-Tacoma-Bellevue",
    "zip_codes": [
      "98107",
      "98117"
    ]
  },
  "report": {
    "yearmonth": "202604",
    "month_label": "April 2026",
    "first_published_at": "2026-04-20T00:53:14.230Z",
    "last_updated_at": "2026-06-02T13:44:20.766Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 1904,
        "low": 1809,
        "high": 1999,
        "mom_pct": 0.5549999999999998,
        "yoy_pct": -0.29249999999999987
      },
      "2br": {
        "median": 2596,
        "low": 2453,
        "high": 2738,
        "mom_pct": 0.995147058823529,
        "yoy_pct": -4.571029411764706
      },
      "3br": {
        "median": 3183,
        "low": 3008,
        "high": 3358,
        "mom_pct": -2.798095238095238,
        "yoy_pct": -6.883333333333334
      },
      "4br": {
        "median": 4522,
        "low": 4363,
        "high": 4666,
        "mom_pct": 0.3628571428571429,
        "yoy_pct": 1.43
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 2107,
        "low": 2054,
        "high": 2159,
        "mom_pct": -0.33555555555555555,
        "yoy_pct": 2.4455555555555555
      },
      "2br": {
        "median": 2903,
        "low": 2816,
        "high": 2990,
        "mom_pct": -3.02,
        "yoy_pct": -2.019285714285714
      },
      "3br": {
        "median": 3911,
        "low": 3747,
        "high": 4075,
        "mom_pct": 7.796428571428572,
        "yoy_pct": 5.1850000000000005
      },
      "4br": {
        "median": 4555,
        "low": 4434,
        "high": 4714,
        "mom_pct": -0.6900000000000001,
        "yoy_pct": 2.04
      }
    },
    "single_family": {
      "1br": {
        "median": 2208,
        "low": 2131,
        "high": 2286,
        "mom_pct": -7.446363636363636,
        "yoy_pct": -9.210909090909091
      },
      "2br": {
        "median": 2552,
        "low": 2438,
        "high": 2667,
        "mom_pct": -12.293333333333333,
        "yoy_pct": -16.69333333333333
      },
      "3br": {
        "median": 3962,
        "low": 3764,
        "high": 4160,
        "mom_pct": -2.098275862068965,
        "yoy_pct": 0.9248275862068965
      },
      "4br": {
        "median": 4390,
        "low": 4236,
        "high": 4544,
        "mom_pct": -1.61,
        "yoy_pct": 1.5219999999999998
      }
    }
  },
  "vacancy": 3.6628,
  "days_on_market": {
    "apartment": 30,
    "condo_townhome": 29,
    "single_family": 26
  },
  "ai_summary": [
    {
      "headline": "3BR condo rents jump 7.8% MoM",
      "body": "In the Ballard (98107, 98117) rental market, 3-bedroom condo/townhome units recorded a 7.8% month-over-month increase to $3,911, while 3-bedroom apartments declined by -2.8% and single-family homes fell by -2.1%. The condo segment strongly outperformed others with the largest positive short-term change."
    },
    {
      "headline": "2BR single-family drops 16.7% YoY",
      "body": "For 2-bedroom single-family homes in Ballard (98107, 98117), median rent decreased 16.7% year-over-year to $2,552. This annual drop was steeper than the -4.6% YoY change for 2-bedroom apartments and -2.0% for condo/townhomes, signaling a pronounced correction for single-family rentals."
    },
    {
      "headline": "4BR apartments nearly match condo pricing",
      "body": "Analyzing Ballard (98107, 98117) rental trends, 4-bedroom apartments were priced at $4,522, just $33 below the $4,555 median for 4-bedroom condo/townhomes. The minimal price gap points to similar valuation and demand for larger units across both property types."
    }
  ],
  "summary": {
    "canonical": [
      "As of April 2026, rental prices in Ballard, WA range from $1,904 to $4,555 per month depending on property type and bedroom count.",
      "The biggest annual change was a -16.69% decrease for 2BR single-family homes in Ballard, WA.",
      "For 2BR rentals in Ballard, WA, condos/townhomes have a median rent of $2,903, while single-family homes have a median rent of $2,552."
    ],
    "qa": [
      {
        "question": "What is the range of rent prices in Ballard, WA as of April 2026?",
        "answer": "In Ballard, WA, rent prices as of April 2026 span from $1,904 per month for 1BR apartments to $4,555 per month for 4BR condos/townhomes."
      },
      {
        "question": "What is the price difference between condos/townhomes and single-family rentals for the same bedroom count in Ballard, WA?",
        "answer": "For 2BR units in Ballard, WA, condos/townhomes rent for $2,903 per month, which is $351 higher than single-family homes at $2,552."
      },
      {
        "question": "Which property and bedroom combination is the most expensive in Ballard, WA?",
        "answer": "The highest median rent in Ballard, WA is for 4BR condos/townhomes at $4,555 per month in April 2026."
      },
      {
        "question": "How are rents changing across different submarkets in Ballard, WA?",
        "answer": "The largest annual rent growth was a 5.19% increase for 3BR condos/townhomes, while the largest decline was a -16.69% decrease for 2BR single-family homes in Ballard, WA as of April 2026."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 1904,
          "2br": 2596,
          "3br": 3183,
          "4br": 4522
        },
        "condo_townhome": {
          "1br": 2107,
          "2br": 2903,
          "3br": 3911,
          "4br": 4555
        },
        "single_family": {
          "1br": 2208,
          "2br": 2552,
          "3br": 3962,
          "4br": 4390
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 1892,
          "2br": 2571,
          "3br": 3206,
          "4br": 4503
        },
        "condo_townhome": {
          "1br": 2110,
          "2br": 2906,
          "3br": 3630,
          "4br": 4586
        },
        "single_family": {
          "1br": 2409,
          "2br": 2917,
          "3br": 4047,
          "4br": 4445
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 1969,
          "2br": 2805,
          "3br": 3415,
          "4br": 4539
        },
        "condo_townhome": {
          "1br": 2082,
          "2br": 2897,
          "3br": 3641,
          "4br": 4557
        },
        "single_family": {
          "1br": 2560,
          "2br": 3067,
          "3br": 3962,
          "4br": 4336
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 1943,
          "2br": 2780,
          "3br": 3513,
          "4br": 4603
        },
        "condo_townhome": {
          "1br": 2053,
          "2br": 2926,
          "3br": 3712,
          "4br": 4602
        },
        "single_family": {
          "1br": 2596,
          "2br": 3064,
          "3br": 3986,
          "4br": 4416
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 1937,
          "2br": 2788,
          "3br": 3558,
          "4br": 4675
        },
        "condo_townhome": {
          "1br": 2033,
          "2br": 3020,
          "3br": 3699,
          "4br": 4687
        },
        "single_family": {
          "1br": 2569,
          "2br": 3147,
          "3br": 4007,
          "4br": 4455
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 1958,
          "2br": 2807,
          "3br": 3610,
          "4br": 4704
        },
        "condo_townhome": {
          "1br": 2039,
          "2br": 3026,
          "3br": 3740,
          "4br": 4723
        },
        "single_family": {
          "1br": 2537,
          "2br": 3138,
          "3br": 4029,
          "4br": 4485
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 1980,
          "2br": 2802,
          "3br": 3646,
          "4br": 4714
        },
        "condo_townhome": {
          "1br": 2026,
          "2br": 2979,
          "3br": 3766,
          "4br": 4733
        },
        "single_family": {
          "1br": 2558,
          "2br": 3176,
          "3br": 3987,
          "4br": 4458
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 2012,
          "2br": 2718,
          "3br": 3651,
          "4br": 4695
        },
        "condo_townhome": {
          "1br": 2073,
          "2br": 2974,
          "3br": 3861,
          "4br": 4736
        },
        "single_family": {
          "1br": 2570,
          "2br": 3178,
          "3br": 3946,
          "4br": 4479
        }
      }
    },
    {
      "yearmonth": "202508",
      "month_label": "August 2025",
      "rents": {
        "apartment": {
          "1br": 2000,
          "2br": 2716,
          "3br": 3605,
          "4br": 4662
        },
        "condo_townhome": {
          "1br": 2101,
          "2br": 2980,
          "3br": 3889,
          "4br": 4717
        },
        "single_family": {
          "1br": 2561,
          "2br": 3184,
          "3br": 3912,
          "4br": 4469
        }
      }
    },
    {
      "yearmonth": "202507",
      "month_label": "July 2025",
      "rents": {
        "apartment": {
          "1br": 1985,
          "2br": 2712,
          "3br": 3552,
          "4br": 4611
        },
        "condo_townhome": {
          "1br": 2105,
          "2br": 2962,
          "3br": 3858,
          "4br": 4671
        },
        "single_family": {
          "1br": 2572,
          "2br": 3125,
          "3br": 3951,
          "4br": 4481
        }
      }
    },
    {
      "yearmonth": "202506",
      "month_label": "June 2025",
      "rents": {
        "apartment": {
          "1br": 1967,
          "2br": 2748,
          "3br": 3511,
          "4br": 4573
        },
        "condo_townhome": {
          "1br": 2079,
          "2br": 2976,
          "3br": 3783,
          "4br": 4595
        },
        "single_family": {
          "1br": 2522,
          "2br": 3142,
          "3br": 3964,
          "4br": 4438
        }
      }
    },
    {
      "yearmonth": "202505",
      "month_label": "May 2025",
      "rents": {
        "apartment": {
          "1br": 1926,
          "2br": 2733,
          "3br": 3451,
          "4br": 4508
        },
        "condo_townhome": {
          "1br": 2064,
          "2br": 2936,
          "3br": 3724,
          "4br": 4516
        },
        "single_family": {
          "1br": 2411,
          "2br": 3092,
          "3br": 3936,
          "4br": 4376
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/ballard-wa/",
    "self": "https://data.estaite.com/feeds/ballard-wa.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}