{
  "schema_version": "1.0",
  "submarket": {
    "slug": "bellevue-cbd-downtown-bellevue-wa",
    "name": "Bellevue CBD / Downtown Bellevue",
    "state": "WA",
    "city": "BELLEVUE",
    "cbsa": "Seattle-Tacoma-Bellevue",
    "zip_codes": [
      "98004",
      "98005",
      "98006",
      "98007"
    ]
  },
  "report": {
    "yearmonth": "202604",
    "month_label": "April 2026",
    "first_published_at": "2026-04-20T00:52:00.097Z",
    "last_updated_at": "2026-06-02T13:09:11.138Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 2435,
        "low": 2313,
        "high": 2557,
        "mom_pct": -0.2444444444444448,
        "yoy_pct": -1.4652941176470586
      },
      "2br": {
        "median": 2948,
        "low": 2786,
        "high": 3110,
        "mom_pct": -0.3737659033078877,
        "yoy_pct": -0.5679389312977098
      },
      "3br": {
        "median": 3650,
        "low": 3467,
        "high": 3832,
        "mom_pct": 0.268888888888889,
        "yoy_pct": 1.0684444444444443
      },
      "4br": {
        "median": 4529,
        "low": 4371,
        "high": 4666,
        "mom_pct": 0.3366666666666667,
        "yoy_pct": 1.5713333333333332
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 2459,
        "low": 2397,
        "high": 2520,
        "mom_pct": 0.36377777777777787,
        "yoy_pct": 0.5288888888888889
      },
      "2br": {
        "median": 2962,
        "low": 2829,
        "high": 3096,
        "mom_pct": 0.9608108108108108,
        "yoy_pct": -2.825675675675676
      },
      "3br": {
        "median": 3668,
        "low": 3484,
        "high": 3851,
        "mom_pct": 0.6169230769230769,
        "yoy_pct": -0.038461538461538325
      },
      "4br": {
        "median": 4514,
        "low": 4429,
        "high": 4663,
        "mom_pct": 0.27142857142857146,
        "yoy_pct": 1.2092857142857143
      }
    },
    "single_family": {
      "1br": {
        "median": 2676,
        "low": 2596,
        "high": 2756,
        "mom_pct": -2.676,
        "yoy_pct": 0.4039999999999999
      },
      "2br": {
        "median": 2997,
        "low": 2907,
        "high": 3087,
        "mom_pct": -4.9148,
        "yoy_pct": -2.11
      },
      "3br": {
        "median": 3648,
        "low": 3440,
        "high": 3856,
        "mom_pct": -6.47030303030303,
        "yoy_pct": -5.248787878787878
      },
      "4br": {
        "median": 4422,
        "low": 4201,
        "high": 4644,
        "mom_pct": -1.2096491228070176,
        "yoy_pct": 0.741578947368421
      }
    }
  },
  "vacancy": 3.6628,
  "days_on_market": {
    "apartment": 32,
    "condo_townhome": 30,
    "single_family": 24
  },
  "ai_summary": [
    {
      "headline": "4BR apartments rise 1.6% YoY to $4,529",
      "body": "In the Bellevue CBD / Downtown Bellevue (98004, 98005, 98006, 98007) rental market, 4-bedroom apartments posted a median rent of $4,529, up 1.57% year-over-year. This segment also saw a 0.34% month-over-month increase, marking it as the best-performing apartment size by annual and monthly metrics in Bellevue CBD / Downtown Bellevue (98004, 98005, 98006, 98007)."
    },
    {
      "headline": "3BR single-family rents fall 5.2% YoY",
      "body": "Compared to other 3-bedroom units, single-family homes in Bellevue CBD / Downtown Bellevue (98004, 98005, 98006, 98007) lag with a median rent of $3,648 and a 5.25% year-over-year decline. Apartments at $3,650 and condos at $3,668 both outperform single-family by $2 and $20, respectively."
    },
    {
      "headline": "2BR condos rise 0.96% MoM, decline 2.8% YoY",
      "body": "Despite a monthly increase, Bellevue CBD / Downtown Bellevue (98004, 98005, 98006, 98007) rental trends show that 2-bedroom condos at $2,962 are down 2.83% year-over-year. The segment’s 0.96% month-over-month uptick highlights short-term strength amid longer-term softness in condo demand."
    }
  ],
  "summary": {
    "canonical": [
      "As of April 2026, rental prices in Bellevue CBD / Downtown Bellevue, WA range from $2,435 to $4,529 per month depending on property type and bedroom count.",
      "The largest year-over-year change was a -5.25% decline for 3-bedroom single-family rentals in Bellevue CBD / Downtown Bellevue, WA.",
      "For 2-bedroom units, single-family homes have a median rent of $2,997 versus $2,948 for apartments and $2,962 for condos/townhomes."
    ],
    "qa": [
      {
        "question": "What is the range of rental prices in Bellevue CBD / Downtown Bellevue, WA as of April 2026?",
        "answer": "In April 2026, rents in Bellevue CBD / Downtown Bellevue, WA range from $2,435 per month for a 1-bedroom apartment up to $4,529 per month for a 4-bedroom apartment."
      },
      {
        "question": "How do apartment rents compare to condo/townhome rents for the same bedroom count in Bellevue CBD / Downtown Bellevue, WA?",
        "answer": "For 1-bedroom units, apartments rent at $2,435 while condos/townhomes are slightly higher at $2,459; for 2-bedrooms, apartments are $2,948, just below condos/townhomes at $2,962; the pattern is similar across other bedroom counts with only small differences."
      },
      {
        "question": "Which rental segment in Bellevue CBD / Downtown Bellevue, WA had the most unusual number in April 2026?",
        "answer": "The most unusual figure was the -6.47% month-over-month change for 3-bedroom single-family homes, dropping to a median rent of $3,648."
      },
      {
        "question": "What is the most expensive rental option in Bellevue CBD / Downtown Bellevue, WA as of April 2026?",
        "answer": "The highest median rent in April 2026 is $4,529 per month for a 4-bedroom apartment in Bellevue CBD / Downtown Bellevue, WA."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 2435,
          "2br": 2948,
          "3br": 3650,
          "4br": 4529
        },
        "condo_townhome": {
          "1br": 2459,
          "2br": 2962,
          "3br": 3668,
          "4br": 4514
        },
        "single_family": {
          "1br": 2676,
          "2br": 2997,
          "3br": 3648,
          "4br": 4422
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 2439,
          "2br": 2929,
          "3br": 3652,
          "4br": 4514
        },
        "condo_townhome": {
          "1br": 2462,
          "2br": 2918,
          "3br": 3584,
          "4br": 4500
        },
        "single_family": {
          "1br": 2751,
          "2br": 3151,
          "3br": 3902,
          "4br": 4449
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 2369,
          "2br": 2915,
          "3br": 3612,
          "4br": 4546
        },
        "condo_townhome": {
          "1br": 2468,
          "2br": 2980,
          "3br": 3611,
          "4br": 4529
        },
        "single_family": {
          "1br": 2771,
          "2br": 3177,
          "3br": 3877,
          "4br": 4419
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 2394,
          "2br": 2917,
          "3br": 3622,
          "4br": 4615
        },
        "condo_townhome": {
          "1br": 2501,
          "2br": 2941,
          "3br": 3644,
          "4br": 4584
        },
        "single_family": {
          "1br": 2802,
          "2br": 3201,
          "3br": 3911,
          "4br": 4396
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 2359,
          "2br": 2920,
          "3br": 3664,
          "4br": 4693
        },
        "condo_townhome": {
          "1br": 2448,
          "2br": 2919,
          "3br": 3699,
          "4br": 4667
        },
        "single_family": {
          "1br": 2823,
          "2br": 3229,
          "3br": 3946,
          "4br": 4462
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 2431,
          "2br": 3060,
          "3br": 3688,
          "4br": 4722
        },
        "condo_townhome": {
          "1br": 2488,
          "2br": 2918,
          "3br": 3725,
          "4br": 4704
        },
        "single_family": {
          "1br": 2840,
          "2br": 3245,
          "3br": 3995,
          "4br": 4453
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 2418,
          "2br": 2980,
          "3br": 3707,
          "4br": 4726
        },
        "condo_townhome": {
          "1br": 2468,
          "2br": 2959,
          "3br": 3722,
          "4br": 4715
        },
        "single_family": {
          "1br": 2842,
          "2br": 3241,
          "3br": 4037,
          "4br": 4490
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 2473,
          "2br": 2966,
          "3br": 3732,
          "4br": 4714
        },
        "condo_townhome": {
          "1br": 2520,
          "2br": 2931,
          "3br": 3803,
          "4br": 4718
        },
        "single_family": {
          "1br": 2835,
          "2br": 3238,
          "3br": 4077,
          "4br": 4533
        }
      }
    },
    {
      "yearmonth": "202508",
      "month_label": "August 2025",
      "rents": {
        "apartment": {
          "1br": 2505,
          "2br": 2997,
          "3br": 3693,
          "4br": 4683
        },
        "condo_townhome": {
          "1br": 2539,
          "2br": 2884,
          "3br": 3793,
          "4br": 4703
        },
        "single_family": {
          "1br": 2817,
          "2br": 3215,
          "3br": 4037,
          "4br": 4562
        }
      }
    },
    {
      "yearmonth": "202507",
      "month_label": "July 2025",
      "rents": {
        "apartment": {
          "1br": 2502,
          "2br": 2982,
          "3br": 3667,
          "4br": 4630
        },
        "condo_townhome": {
          "1br": 2510,
          "2br": 2992,
          "3br": 3802,
          "4br": 4663
        },
        "single_family": {
          "1br": 2788,
          "2br": 3185,
          "3br": 4020,
          "4br": 4510
        }
      }
    },
    {
      "yearmonth": "202506",
      "month_label": "June 2025",
      "rents": {
        "apartment": {
          "1br": 2464,
          "2br": 2921,
          "3br": 3636,
          "4br": 4580
        },
        "condo_townhome": {
          "1br": 2537,
          "2br": 3027,
          "3br": 3758,
          "4br": 4598
        },
        "single_family": {
          "1br": 2747,
          "2br": 3159,
          "3br": 3980,
          "4br": 4451
        }
      }
    },
    {
      "yearmonth": "202505",
      "month_label": "May 2025",
      "rents": {
        "apartment": {
          "1br": 2470,
          "2br": 2968,
          "3br": 3609,
          "4br": 4514
        },
        "condo_townhome": {
          "1br": 2504,
          "2br": 3065,
          "3br": 3708,
          "4br": 4520
        },
        "single_family": {
          "1br": 2700,
          "2br": 3105,
          "3br": 3926,
          "4br": 4445
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/bellevue-cbd-downtown-bellevue-wa/",
    "self": "https://data.estaite.com/feeds/bellevue-cbd-downtown-bellevue-wa.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}