{
  "schema_version": "1.0",
  "submarket": {
    "slug": "redmond-wa",
    "name": "Redmond",
    "state": "WA",
    "city": "REDMOND",
    "cbsa": "Seattle-Tacoma-Bellevue",
    "zip_codes": [
      "98052",
      "98053",
      "98073"
    ]
  },
  "report": {
    "yearmonth": "202604",
    "month_label": "April 2026",
    "first_published_at": "2026-04-20T00:52:00.220Z",
    "last_updated_at": "2026-06-02T13:09:16.000Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 2327,
        "low": 2211,
        "high": 2443,
        "mom_pct": 10.303170731707318,
        "yoy_pct": 1.1578048780487804
      },
      "2br": {
        "median": 2958,
        "low": 2796,
        "high": 3121,
        "mom_pct": -4.435,
        "yoy_pct": -1.7072222222222224
      },
      "3br": {
        "median": 3442,
        "low": 3253,
        "high": 3631,
        "mom_pct": -3.8081538461538464,
        "yoy_pct": -3.8115384615384618
      },
      "4br": {
        "median": 4537,
        "low": 4429,
        "high": 4666,
        "mom_pct": 0.285,
        "yoy_pct": 0.9649999999999999
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 2303,
        "low": 2246,
        "high": 2361,
        "mom_pct": -2.3453333333333335,
        "yoy_pct": -0.106
      },
      "2br": {
        "median": 3013,
        "low": 2922,
        "high": 3103,
        "mom_pct": 1.0339473684210525,
        "yoy_pct": 0.6207894736842106
      },
      "3br": {
        "median": 3712,
        "low": 3582,
        "high": 3842,
        "mom_pct": -0.03153846153846154,
        "yoy_pct": 1.625384615384615
      },
      "4br": {
        "median": 4530,
        "low": 4434,
        "high": 4688,
        "mom_pct": 0.49,
        "yoy_pct": 1.765
      }
    },
    "single_family": {
      "1br": {
        "median": 2514,
        "low": 2421,
        "high": 2607,
        "mom_pct": -8.126666666666667,
        "yoy_pct": -5.293333333333333
      },
      "2br": {
        "median": 2928,
        "low": 2819,
        "high": 3036,
        "mom_pct": 1.45,
        "yoy_pct": -4.2170000000000005
      },
      "3br": {
        "median": 3863,
        "low": 3728,
        "high": 3998,
        "mom_pct": 3.200476190476191,
        "yoy_pct": 2.434761904761905
      },
      "4br": {
        "median": 4240,
        "low": 4092,
        "high": 4389,
        "mom_pct": -4.125,
        "yoy_pct": 0.1338888888888889
      }
    }
  },
  "vacancy": 3.6628,
  "days_on_market": {
    "apartment": 32,
    "condo_townhome": 28,
    "single_family": 23
  },
  "ai_summary": [
    {
      "headline": "1BR apartments jump 10.3% MoM to $2,327",
      "body": "In the Redmond (98052, 98053, 98073) rental market, 1-bedroom apartments saw rents climb 10.3% month-over-month to $2,327. Year-over-year, this segment delivered a 1.2% increase, ranking among the largest short-term gains for any property type in Redmond (98052, 98053, 98073)."
    },
    {
      "headline": "3BR single-family tops segment at $3,863",
      "body": "Among 3-bedroom properties in Redmond (98052, 98053, 98073), single-family homes hold the highest median rent at $3,863, reflecting a 3.2% month-over-month rise. This exceeds 3-bedroom apartments at $3,442 and 3-bedroom condo/townhomes at $3,712, highlighting the premium for single-family units in this segment."
    },
    {
      "headline": "2BR apartments drop 4.4% MoM to $2,958",
      "body": "A shift is evident as Redmond (98052, 98053, 98073) rental trends show 2-bedroom apartment rents declined 4.4% month-over-month to $2,958, alongside a -1.7% yearly change. In comparison, 2-bedroom condo/townhomes increased 1.0% MoM, suggesting contrasting performance between segments."
    }
  ],
  "summary": {
    "canonical": [
      "As of April 2026, rental prices in Redmond, WA range from $2,303 to $4,537 per month depending on property type and bedroom count.",
      "The largest year-over-year change was a 2.43% increase for single-family 3BR units in Redmond, WA.",
      "For 2-bedroom apartments versus condo/townhomes, median rents are $2,958 and $3,013 respectively."
    ],
    "qa": [
      {
        "question": "What is the typical rent range in Redmond, WA as of April 2026?",
        "answer": "As of April 2026, rents in Redmond, WA range from $2,303 for 1BR condo/townhome units to $4,537 for 4BR apartments."
      },
      {
        "question": "Which property and bedroom combination is the most affordable in Redmond, WA?",
        "answer": "The most affordable option in Redmond, WA as of April 2026 is a 1BR condo/townhome with a median rent of $2,303 per month."
      },
      {
        "question": "Which segment had the largest month-over-month change in April 2026 in Redmond, WA?",
        "answer": "1BR apartment rents in Redmond, WA saw the sharpest month-over-month movement with a 10.30% increase in April 2026."
      },
      {
        "question": "Is there an unusual or outlier number among the Redmond, WA rental segments in April 2026?",
        "answer": "The 1BR apartment segment shows a notably high month-over-month increase of 10.30%, which stands out compared to all other property and bedroom combinations in Redmond, WA for April 2026."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 2327,
          "2br": 2958,
          "3br": 3442,
          "4br": 4537
        },
        "condo_townhome": {
          "1br": 2303,
          "2br": 3013,
          "3br": 3712,
          "4br": 4530
        },
        "single_family": {
          "1br": 2514,
          "2br": 2928,
          "3br": 3863,
          "4br": 4240
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 2113,
          "2br": 3092,
          "3br": 3575,
          "4br": 4524
        },
        "condo_townhome": {
          "1br": 2357,
          "2br": 2977,
          "3br": 3713,
          "4br": 4508
        },
        "single_family": {
          "1br": 2739,
          "2br": 2847,
          "3br": 3760,
          "4br": 4420
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 2260,
          "2br": 2736,
          "3br": 3610,
          "4br": 4550
        },
        "condo_townhome": {
          "1br": 2330,
          "2br": 2934,
          "3br": 3707,
          "4br": 4540
        },
        "single_family": {
          "1br": 2770,
          "2br": 3134,
          "3br": 3719,
          "4br": 4291
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 2257,
          "2br": 2929,
          "3br": 3646,
          "4br": 4625
        },
        "condo_townhome": {
          "1br": 2295,
          "2br": 2964,
          "3br": 3650,
          "4br": 4591
        },
        "single_family": {
          "1br": 2790,
          "2br": 3193,
          "3br": 3857,
          "4br": 4272
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 2222,
          "2br": 2925,
          "3br": 3669,
          "4br": 4696
        },
        "condo_townhome": {
          "1br": 2308,
          "2br": 2959,
          "3br": 3722,
          "4br": 4683
        },
        "single_family": {
          "1br": 2813,
          "2br": 3220,
          "3br": 3898,
          "4br": 4306
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 2213,
          "2br": 2932,
          "3br": 3674,
          "4br": 4725
        },
        "condo_townhome": {
          "1br": 2272,
          "2br": 2945,
          "3br": 3729,
          "4br": 4715
        },
        "single_family": {
          "1br": 2830,
          "2br": 3238,
          "3br": 3911,
          "4br": 4313
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 2249,
          "2br": 2954,
          "3br": 3799,
          "4br": 4730
        },
        "condo_townhome": {
          "1br": 2279,
          "2br": 3000,
          "3br": 3805,
          "4br": 4721
        },
        "single_family": {
          "1br": 2831,
          "2br": 3235,
          "3br": 3865,
          "4br": 4341
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 2295,
          "2br": 2941,
          "3br": 3829,
          "4br": 4732
        },
        "condo_townhome": {
          "1br": 2340,
          "2br": 3009,
          "3br": 3880,
          "4br": 4725
        },
        "single_family": {
          "1br": 2825,
          "2br": 3227,
          "3br": 3921,
          "4br": 4448
        }
      }
    },
    {
      "yearmonth": "202508",
      "month_label": "August 2025",
      "rents": {
        "apartment": {
          "1br": 2307,
          "2br": 3020,
          "3br": 3817,
          "4br": 4703
        },
        "condo_townhome": {
          "1br": 2330,
          "2br": 2976,
          "3br": 3875,
          "4br": 4704
        },
        "single_family": {
          "1br": 2807,
          "2br": 3212,
          "3br": 3973,
          "4br": 4453
        }
      }
    },
    {
      "yearmonth": "202507",
      "month_label": "July 2025",
      "rents": {
        "apartment": {
          "1br": 2300,
          "2br": 3057,
          "3br": 3738,
          "4br": 4654
        },
        "condo_townhome": {
          "1br": 2350,
          "2br": 2961,
          "3br": 3820,
          "4br": 4675
        },
        "single_family": {
          "1br": 2783,
          "2br": 3182,
          "3br": 3917,
          "4br": 4504
        }
      }
    },
    {
      "yearmonth": "202506",
      "month_label": "June 2025",
      "rents": {
        "apartment": {
          "1br": 2317,
          "2br": 3080,
          "3br": 3653,
          "4br": 4624
        },
        "condo_townhome": {
          "1br": 2341,
          "2br": 3014,
          "3br": 3717,
          "4br": 4614
        },
        "single_family": {
          "1br": 2745,
          "2br": 3146,
          "3br": 3885,
          "4br": 4404
        }
      }
    },
    {
      "yearmonth": "202505",
      "month_label": "May 2025",
      "rents": {
        "apartment": {
          "1br": 2306,
          "2br": 3019,
          "3br": 3610,
          "4br": 4550
        },
        "condo_townhome": {
          "1br": 2334,
          "2br": 2973,
          "3br": 3706,
          "4br": 4526
        },
        "single_family": {
          "1br": 2693,
          "2br": 3093,
          "3br": 3803,
          "4br": 4314
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/redmond-wa/",
    "self": "https://data.estaite.com/feeds/redmond-wa.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}