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These days, finding an affordable place to live in the Hamilton area can be challenging. Home prices in Hamilton are now at a median cost of $481,762, lower than the Washington average of $621,115.
The average cost of rent is $1,319/mo in Hamilton, primarily driven by the current value of real estate in the Hamilton area. In Hamilton, 13.44% of households rent, and 34.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hamilton is $7,561 per month. Households that rent pay about 17.45% of their income on rent here. Hamilton’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lyman, WA: higher priced homes
- Grassmere, WA: equally priced homes
- Concrete, WA: less expensive homes
- Sedro-Woolley, WA: equally priced homes
- Van Horn, WA: less expensive homes
- Prairie, WA: equally priced homes
- Clear Lake, WA: equally priced homes
- Hoogdal, WA: higher priced homes
- Sterling, WA: equally priced homes
- Saxon, WA: equally priced homes
Cities with Similar Populations
- Port Wing, WI: less expensive homes
- New Winchester, OH: less expensive homes
- Newark, WV: less expensive homes
- Nighthawk, WA: less expensive homes
- Norma, NJ: less expensive homes
- North Sanbornton, NH: equally priced homes
- Nyesville, IN: less expensive homes
- Oldport, MI: less expensive homes
- Pike View, KY: less expensive homes
- New Guilford, OH: less expensive homes
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