Affordable
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These days, finding an affordable place to live in the Beacon Hill area can be challenging. Home prices in Beacon Hill are now at a median cost of $735,451, lower than the Seattle average of $772,426.
The average cost of rent is $1,875/mo in Beacon Hill, primarily driven by the current value of real estate in the Beacon Hill area. In Beacon Hill, 42.78% of households rent, and 38.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Beacon Hill is $8,764 per month. Households that rent pay about 21.40% of their income on rent here. Beacon Hill’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Columbia City, Seattle, WA: higher priced homes
- Mt. Baker, Seattle, WA: higher priced homes
- Seward Park, Seattle, WA: higher priced homes
- Brighton, Seattle, WA: equally priced homes
- South Park, Seattle, WA: less expensive homes
- Atlantic, Seattle, WA: higher priced homes
- Riverview, Seattle, WA: equally priced homes
- Leschi, Seattle, WA: higher priced homes
- Highland Park, Seattle, WA: equally priced homes
- International District, Seattle, WA: less expensive homes
Neighborhoods with Similar Populations
- Southeast Boise, Boise, ID: less expensive homes
- Inner Richmond, San Francisco, CA: higher priced homes
- Wolf Creek, Dallas, TX: less expensive homes
- St Charles, Waldorf, MD: less expensive homes
- Little Woods, New Orleans, LA: less expensive homes
- Avondale, Chicago, IL: less expensive homes
- Desert View, Phoenix, AZ: equally priced homes
- Bay Area, Corpus Christi, TX: less expensive homes
- Shelby Forest-Frayser, Memphis, TN: less expensive homes
- Irving Park, Chicago, IL: less expensive homes
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