Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Ballard area can be challenging. Home prices in Ballard are now at a median cost of $886,630, higher than the Seattle average of $772,426.
The average cost of rent is $2,167/mo in Ballard, primarily driven by the current value of real estate in the Ballard area. In Ballard, 65.71% of households rent, and 20.07% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ballard is $12,386 per month. Households that rent pay about 17.50% of their income on rent here. Ballard’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Sunset Hill, Seattle, WA: equally priced homes
- Whittier Heights, Seattle, WA: higher priced homes
- Phinney Ridge, Seattle, WA: higher priced homes
- Loyal Heights, Seattle, WA: higher priced homes
- Fremont, Seattle, WA: equally priced homes
- Magnolia, Seattle, WA: higher priced homes
- Greenwood, Seattle, WA: equally priced homes
- Crown Hill, Seattle, WA: higher priced homes
- Interbay, Seattle, WA: higher priced homes
- Wallingford, Seattle, WA: higher priced homes
Neighborhoods with Similar Populations
- Valley Station, Louisville, KY: less expensive homes
- Town 'N Country Park, Town 'n' Country, FL: less expensive homes
- Pine Grove, Chicago, IL: less expensive homes
- Riverside Park, Buffalo, NY: less expensive homes
- Riviera, Santa Barbara, CA: higher priced homes
- Bryant Terrace, Malden, MA: less expensive homes
- Westside, Grand Rapids, MI: less expensive homes
- Radnor-Ft Myer Heights, Arlington, VA: less expensive homes
- Bayshore-Klatt, Anchorage, AK: less expensive homes
- Point Place, Toledo, OH: less expensive homes
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