Top Cities for Apartment Construction in the Seattle Metro Area in 2024
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As the Seattle metropolitan area continues to grow, so does the demand for housing, making apartment construction a vital part of keeping up with the region’s expanding population. For renters looking to secure a new apartment in 2024, now is an exciting time, as several cities within the metro area are expected to deliver thousands of new rental units by year-end.  Namely, more than 11,800.
With robust economic growth, a strong job market, and a diverse cultural scene, it’s no wonder that Seattle and its neighboring cities are seeing a surge in apartment construction. From Seattle’s bustling urban lifestyle to Tacoma’s revitalized downtown and Shoreline’s quieter suburban vibe, each city offers something unique for potential renters.
Whether you’re looking for the energy of a big city or a more laidback community atmosphere, these three cities are offering plenty of new opportunities for renters.
Seattle: A booming urban hub with over 6,000 apartments coming in 2024
As the largest city in the region, Seattle is leading the charge in apartment construction with 6,100 new units projected to be completed by the end of 2024. This significant number underscores Seattle’s ongoing expansion as a hub for tech giants, startups, and major employers. For renters, the influx of new apartments offers a wide range of options, from sleek high-rises in downtown to more affordable mid-range units in emerging neighborhoods.
Seattle’s renter lifestyle is fast-paced and urban, with access to world-class dining, shopping, and entertainment. The city is home to iconic neighborhoods like Capitol Hill, Ballard, and South Lake Union, where many of these new apartments are being built. Residents can enjoy easy access to public transportation, including the expanding light rail system, and proximity to green spaces like Discovery Park and Lake Union.
Tacoma: 1,100 apartments coming to a revitalized city
Tacoma is also experiencing a boom in apartment construction, with 1,100 units expected to be completed this year. The city has been undergoing a renaissance in recent years, with its downtown area becoming a hotspot for new development, art, and culture. As the cost of living statewide continues to rise, more renters are looking to Tacoma as a viable alternative without sacrificing access to amenities or quality of life.
Renters in Tacoma can enjoy a more relaxed pace compared to other Washington cities, while still benefiting from a lively urban core. The city is known for its artistic vibe, with museums like the Museum of Glass and the Tacoma Art Museum, as well as beautiful waterfront parks along Commencement Bay. Tacoma also offers a growing number of breweries, restaurants, and boutiques, giving renters plenty of options for entertainment. With more apartments set to come online, the city is becoming an increasingly attractive option for those who want a balance between affordability and a dynamic lifestyle.
Shoreline: A suburban escape with 900 new apartments
Shoreline, located just north of Seattle, may be smaller than its neighboring cities, but it’s making a mark with 900 new apartments projected for completion in 2024. The city offers a quieter, more suburban feel compared to the bustling streets of the Emerald City, making it ideal for renters who want a peaceful retreat while staying close to urban amenities. Moreover, the city’s proximity to Seattle makes it an attractive option for commuters who prefer suburban living without being too far from the action.
Renting in Shoreline comes with the advantage of more open spaces, parks, and family-friendly neighborhoods. The city’s efforts to create sustainable and livable communities have resulted in new developments that blend seamlessly with its green surroundings. Renters will find easy access to hiking trails, beaches along Puget Sound, and local farmers’ markets.
With a combined total of over 8,000 new apartments set to be completed across Seattle, Tacoma, and Shoreline in 2024, renters in the Seattle metropolitan area have plenty of options to choose from. Whether you’re drawn to Seattle’s exciting city life, Tacoma’s affordability and arts scene, or Shoreline’s suburban charm, there’s something for everyone here.
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Adina Dragos is a real estate writer and research analyst with RentCafe. She has solid experience in real estate writing, covering topics ranging from best cities for renters and the top cities for rental activity to cost of living. Her work was featured in several prominent media channels such as Axios, The Dallas Morning News, ConnectCre and The New York Times.
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