Seattle parking rates reach new high limit of $5 an hour

Nov 21, 2016, 4:04 PM | Updated: Nov 22, 2016, 10:41 am
Seattle parking, seattle parking rates, window stickers...
(KIRO 7)
(KIRO 7)

The price for street parking in Seattle just increased after city officials approved increasing the limit by $1.

The Seattle City Council unanimously approved new street parking limits at its Monday meeting. The new upper limit for city parking is now $5 per hour– up from the previous limit of $4. The lower limit was adjusted as well — dropping from 75 cents to 50 cents.

Seattle aims to extend Capitol Hill parking hours to 11 p.m.

The council approved legislation that raises the limit but does not effectively raise the current prices on street parking. The city now has the ability to raise Seattle parking prices in the future — something it assesses each year.

Seattle recently adjusted parking rates around town, hitting the previous upper limit of $4 per hour in many neighborhoods. With the new $5 limit, the city could raise those rates during similar adjustments in the future.

Seattle parking changes

The city uses a “performance pricing” model when considering Seattle parking prices. This means the city hopes to keep a couple parking spaces open on each block by having prices that encourage people to use other forms of transportation. Basically, use transit or ride-sharing instead of feeding the meter.

The new rate limits come during a budget season where the council is also considering upping the limit on paid parking times in the Capitol Hill neighborhood. If approved, drivers would have to pay for parking until 11 p.m. along the Pike/Pine corridor, in Capitol Hill north and Capitol Hill south areas. Among those considerations are whether to turn currently free street parking spaces in South Lake Union to paid ones.

Additional paid parking in South Lake Union is expected to create a 9-percent increase in Seattle parking revenue, according to the mayor’s budget that is currently under consideration. It would boost the revenues from the 2016-17 budget of $38.8 million to $42.3 million. The mayor’s office is projecting 2018 revenue for on-street Seattle parking to be around $44.8 million.


Local News

(KIRO 7)...
KIRO 7 News Staff

35 Marysville teachers receive layoff notices after voters reject levy extensions

Thirty-five teachers in the Marysville School District received layoff notices last week, after voters rejected levy measures that would have funded 14-18% of the district’s overall budget.
22 hours ago
Gwen Baumgardner

Car thefts are on the rise in the region

In Seattle, there have been 2,075 vehicle thefts already this year. Seattle police reported that approximately 86% of stolen cars are recovered.
2 days ago
Kirkland, WA (Getty Images)...
Gee Scott and Ursula Reutin Show

Tax hikes to join booming property values in East King County

Property values in select cities in East King County have skyrocketed, leading King County Assessor John Wilson to warn homeowners about noticeable increases in property taxes.
2 days ago
Pike Place...
MyNorthwest Staff

Enraged Pike Place motorist pleads not guilty to assault with a motor vehicle charges

A man arrested for an assault stemming from a Pike Place incident pleads not guilty in King County Superior Court.
3 days ago
KIRO Newsradio Newsdesk

Prolific Seattle-area smash-and-grab ATM thieves formerly arrested for murder

60 robberies involving trucks driving into local stores to steal ATMs and cash registers may be solved with the arrest of two men at a Tukwila motel Friday morning.
3 days ago
Dalton Day

Rival to First Student exposes Seattle Schools’ fumbled bidding war

First Student's competition has accused Seattle Public Schools of “arbitrarily and improperly” awarding a district contract to First Student.
3 days ago

Sponsored Articles


Anacortes – A Must Visit Summertime Destination

While Anacortes is certainly on the way to the San Juan Islands (SJI), it is not just a destination to get to the ferry… Anacortes is a destination in and of itself!

Ready for your 2022 Alaskan Adventure with Celebrity Cruises?

Celebrity Cruises SPONSORED — A round-trip Alaska cruise from Seattle is an amazing treat for you and a loved one. Not only are you able to see and explore some of the most incredible and visually appealing natural sights on the planet, but you’re also able to relax and re-energize while aboard a luxury cruise […]

Compassion International Is Determined to ‘Fill’ a Unique Type of Football ‘Stadium’

Compassion International SPONSORED — During this fall’s football season—and as the pandemic continues to impact the entire globe—one organization has been urging caring individuals to help it “fill” a unique type of “stadium” in order to make a lasting difference in the lives of many. Compassion International’s distinctive Fill the Stadium (FtS, fillthestadium.com) initiative provides […]

What are the Strongest, Greenest, Best Windows?

Lake Washington Windows & Doors SPONSORED — Fiberglass windows are an excellent choice for window replacement due to their fundamental strength and durability. There is no other type of window that lasts as long as fiberglass; so why go with anything else? Fiberglass windows are 8x stronger than vinyl, lower maintenance than wood, more thermally […]

COVID Vaccine is a Game-Changer for Keeping our Kids Healthy

Snohomish Health District SPONSORED — Cheers to the parents and guardians who keep their kids safe and healthy. The dad who cooks a meal with something green in it, even though he’s tired and drive-thru burgers were tempting. The mom who calms down the little one who loudly and resolutely does NOT want to brush […]
Experience Anacortes

Coastal Christmas Celebration Week in Anacortes

With minimal travel time required and every activity under the sun, Anacortes is the perfect vacation spot for all ages.
Seattle parking rates reach new high limit of $5 an hour