Redmond, Washington is a part of the Redmond Submarket submarket area, and contains 3 zip codes: 98052, 98053, and 98073.
The 2019 average effective rent for Class A, B, and C apartments in the Redmond, WA submarket area was $2,056, which is 39.11% higher than 2014 average rent. This represents a compounded annual growth rate of 6.82%. 2019 vacancy in Redmond, WA was 6.60%.
The total population of the city of Redmond, WA has grown 25.00% since 2010. As of 2018, the population was 67,678. The median household income of the Redmond was $123,449, which is 104.75% higher than the national average.