News Business Rents in Seattle are dropping. Here's why KUOW | By Andy Hurst, Kim Malcolm Published January 12, 2018 at 4:15 PM AKST Twitter LinkedIn Email Listen • 4:06 KUOW photo/Megan Farmer Rents have been declining in the Seattle area. Compared with the previous quarter, rents in December dropped an average of $50.Kim Malcolm talks with Seattle Times reporter Mike Rosenberg about why.