For the first time in decades, Seattle has as many renters as homeowners

Photo by deborah cortelazzi on Unsplash

The Seattle Times | Gene Balk

For decades, Seattle has been primarily a city of homeowners, but those days may be coming to an end. It’s one of the many ways that the city’s current population boom has been transformative.

According to census data, a record 360,000 Seattle residents lived in rental units in 2018 — a 16% jump from just five years earlier. And with their surging numbers, renters pulled just about even with homeowners, whose numbers increased at half the rate for the same period.

Read the full story here: The rise of the renter: For the first time in decades, Seattle has as many renters as homeowners