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These days, finding an affordable place to live in the Edison area can be challenging. Home prices in Edison are now at a median cost of $756,198, higher than the Washington average of $621,115.
The average cost of rent is $1,530/mo in Edison, primarily driven by the current value of real estate in the Edison area. In Edison, 6.68% of households rent, and 32.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Edison is $8,258 per month. Households that rent pay about 18.52% of their income on rent here. Edison’s most expensive areas are in the central 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
- Bow, WA: equally priced homes
- Blanchard, WA: equally priced homes
- Bay View, WA: equally priced homes
- Alger, WA: less expensive homes
- Burlington, WA: less expensive homes
- Hoogdal, WA: less expensive homes
- Sterling, WA: less expensive homes
- Sedro-Woolley, WA: less expensive homes
- Guemes, WA: equally priced homes
- Wickersham, WA: less expensive homes
Cities with Similar Populations
- Sweet Water, IL: less expensive homes
- Folk, MO: less expensive homes
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- Goodyear Corners, NY: less expensive homes
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- Grays River, WA: less expensive homes
- Harper, IL: less expensive homes
- Harperville, MS: less expensive homes
- Hawk Springs, WY: less expensive homes
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