Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Bonney Lake area can be challenging. Home prices in Bonney Lake are now at a median cost of $442,457, lower than the Washington average of $453,663.
The average cost of rent is $1,982/mo in Bonney Lake, primarily driven by the current value of real estate in the Bonney Lake area. While nearly 24.88% of residents own their homes outright in Bonney Lake, 15.24% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bonney Lake is $9,289 per month. Households that rent pay about 21.33% of their income on rent here. Bonney Lake's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Prairie Ridge, WA: less expensive homes
- McMillin, WA: equally priced homes
- Sumner, WA: less expensive homes
- Lake Tapps, WA: higher priced homes
- South Prairie, WA: equally priced homes
- Osceola, WA: higher priced homes
- Buckley, WA: equally priced homes
- Orting, WA: less expensive homes
- South Hill, WA: less expensive homes
- La Grande, WA: equally priced homes
Cities with Similar Populations
- Maumee, OH: less expensive homes
- Raytown, MO: less expensive homes
- Puerto Real, PR: less expensive homes
- Poplar Bluff, MO: less expensive homes
- Pewaukee, WI: less expensive homes
- Pataskala, OH: less expensive homes
- Okemos, MI: less expensive homes
- North Royalton, OH: less expensive homes
- Mustang, OK: less expensive homes
- Mount Airy, MD: equally priced homes
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