The Most Affordable Neighborhoods in Black Diamond, WA by Home Value

 

Black Diamond, WA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Black Diamond area can be challenging. Home prices in Black Diamond are now at a median cost of $647,750, higher than the Washington average of $453,663.

The average cost of rent is $1,666/mo in Black Diamond, primarily driven by the current value of real estate in the Black Diamond area. While nearly 26.76% of residents own their homes outright in Black Diamond, 15.31% rent.

Housing affordability isn’t just about home prices, though. The average household income in Black Diamond is $9,809 per month. Households that rent pay about 16.99% of their income on rent here. Black Diamond's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.


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