Measure · Economic Vitality & Mobility
Rent-Burdened Household Rate %
Share of Harborview renter households spending more than 30% of income on rent and utilities. It reflects housing affordability pressure on residents; lower is better.
Below Plan
Actual vs Target
Quarterly · Q3-24 to Q2-26
Quarterly Analysis
- The rate increased from 61.7% to 61.9%, a +0.2 percentage point quarter-over-quarter movement, keeping the measure red but showing the smallest increase in this eight-quarter run.
- I would frame that carefully for Council: the direction is still unfavorable, but the rate of deterioration has slowed from +0.5 in 2024-Q4 to +0.2 in 2026-Q2.
- Early lease-up at Bayline Commons and faster HarborHelp approvals are likely helping at the margin, while broad market rents near the airport and waterfront continue to overwhelm household incomes.
- The City is financially healthy and operationally capable, but this result confirms that attainable housing needs sustained production, preservation, and tenant stabilization at the same time.
Recommendations
- Do not declare progress until the measure stops rising; keep the status red and set a Q3 management goal of holding the rate at or below 61.9%.
- Extend the fast-track review lane for affordable projects and add a preservation acquisition reserve to capture at-risk buildings before sale.
- Bring Council a 12-month attainable-housing action calendar with named projects, expected units, prevention-service targets, and quarterly reporting deadlines.