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These days, finding an affordable place to live in the Bainbridge Island area can be challenging. Home prices in Bainbridge Island are now at a median cost of $1,166,517, higher than the Washington average of $621,115.
The average cost of rent is $2,345/mo in Bainbridge Island, primarily driven by the current value of real estate in the Bainbridge Island area. In Bainbridge Island, 18.63% of households rent, and 40.07% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bainbridge Island is $15,192 per month. Households that rent pay about 15.44% of their income on rent here. Bainbridge Island’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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