Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the First Hill area can be challenging. Home prices in First Hill are now at a median cost of $701,604, lower than the Seattle average of $772,426.
The average cost of rent is $2,029/mo in First Hill, primarily driven by the current value of real estate in the First Hill area. In First Hill, 88.26% of households rent, and 51.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in First Hill is $7,767 per month. Households that rent pay about 26.12% of their income on rent here. First Hill’s most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Pioneer Square, Seattle, WA: equally priced homes
- International District, Seattle, WA: less expensive homes
- Central District, Seattle, WA: higher priced homes
- Capitol Hill, Seattle, WA: higher priced homes
- South Lake Union, Seattle, WA: higher priced homes
- Belltown, Seattle, WA: higher priced homes
- Madrona, Seattle, WA: higher priced homes
- Atlantic, Seattle, WA: higher priced homes
- Uptown, Seattle, WA: equally priced homes
- Leschi, Seattle, WA: higher priced homes
Neighborhoods with Similar Populations
- South Boulder, Boulder, CO: higher priced homes
- Delmar Parkway, Aurora, CO: less expensive homes
- Desert Hills, Cave Creek, AZ: equally priced homes
- Downtown Houston, Houston, TX: less expensive homes
- Ellsworth, Elmwood Park, IL: less expensive homes
- Encanto, San Diego, CA: equally priced homes
- Englewood, Chicago, IL: less expensive homes
- Grays Ferry, Philadelphia, PA: less expensive homes
- Harrowgate, Philadelphia, PA: less expensive homes
- Heron Walk, Madison, TN: less expensive homes
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