Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Downtown Lynnwood area can be challenging. Home prices in Downtown Lynnwood are now at a median cost of $468,432, lower than the Lynnwood average of $493,316.
The average cost of rent is $1,370/mo in Downtown Lynnwood, primarily driven by the current value of real estate in the Downtown Lynnwood area. While nearly 34.05% of residents own their homes outright in Downtown Lynnwood, 63.24% rent.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Lynnwood is $4,903 per month. Households that rent pay about 27.94% of their income on rent here. Downtown Lynnwood's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the neighborhood.
Nearby Neighborhoods
- Alderwood Manor, Lynnwood, WA: higher priced homes
- Meadowdale, Lynnwood, WA: higher priced homes
- Filbert-Winesap, Bothell West, WA: higher priced homes
- Martha Lake, Lynnwood, WA: higher priced homes
- Pinehurst, Everett, WA: equally priced homes
- Queensboro-Brentwood-Crystal Spgs, Bothell, WA: higher priced homes
- Thrasher's Corner-Red Hawk, Bothell, WA: equally priced homes
- Canyon Park, Bothell, WA: higher priced homes
- Avondale, Everett, WA: equally priced homes
- North Creek, Bothell, WA: higher priced homes
Neighborhoods with Similar Populations
- Corcoran, Minneapolis, MN: less expensive homes
- Tevis Ranch, Bakersfield, CA: less expensive homes
- Downtown, Albuquerque, NM: less expensive homes
- Milkhouse, Mobile, AL: less expensive homes
- Tuscan Lakes, League City, TX: less expensive homes
- Cuesta Park, Mountain View, CA: higher priced homes
- Cottage Park, Mobile, AL: less expensive homes
- Cornerstone Village North, Houston, TX: less expensive homes
- University-Syracuse, Syracuse, NY: less expensive homes
- Terra Vista, Bakersfield, CA: less expensive homes
All Local Stats
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