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Affordable
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These days, finding an affordable place to live in the Cottage Lake area can be challenging. Home prices in Cottage Lake are now at a median cost of $1,304,746, higher than the Washington average of $621,115.
The average cost of rent is $2,733/mo in Cottage Lake, primarily driven by the current value of real estate in the Cottage Lake area. In Cottage Lake, 9.73% of households rent, and 26.10% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cottage Lake is $16,894 per month. Households that rent pay about 16.18% of their income on rent here. Cottage Lake’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hollywood, WA: higher priced homes
- Woodinville, WA: less expensive homes
- Kingsgate, WA: less expensive homes
- Union Hill-Novelty Hill, WA: equally priced homes
- Redmond, WA: less expensive homes
- Duvall, WA: less expensive homes
- Clearview, WA: less expensive homes
- Bothell, WA: less expensive homes
- Kirkland, WA: equally priced homes
- Inglewood-Finn Hill, WA: less expensive homes
Cities with Similar Populations
- Palmer, AK: less expensive homes
- Liberty Hill, TX: less expensive homes
- Lillington, NC: less expensive homes
- Mineral Wells, TX: less expensive homes
- Monroe, CT: less expensive homes
- Monticello, MN: less expensive homes
- North Wilkesboro, NC: less expensive homes
- Norton, MA: less expensive homes
- Norwood, OH: less expensive homes
- Okatie, SC: less expensive homes
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