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These days, finding an affordable place to live in the Kent area can be challenging. Home prices in Kent are now at a median cost of $376,866, lower than the Washington average of $453,663.
The average cost of rent is $1,673/mo in Kent, primarily driven by the current value of real estate in the Kent area. While nearly 28.51% of residents own their homes outright in Kent, 54.77% rent.
Housing affordability isn’t just about home prices, though. The average household income in Kent is $6,565 per month. Households that rent pay about 25.48% of their income on rent here. Kent's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- East Hill-Meridian, WA: equally priced homes
- Lakeland North, WA: equally priced homes
- Des Moines, WA: higher priced homes
- Auburn, WA: equally priced homes
- Covington, WA: higher priced homes
- SeaTac, WA: equally priced homes
- Fairwood, WA: higher priced homes
- Lake Morton-Berrydale, WA: higher priced homes
- Algona, WA: less expensive homes
- Renton, WA: higher priced homes
Cities with Similar Populations
- Maple Grove, MN: equally priced homes
- Memphis, TN: less expensive homes
- Marietta, GA: less expensive homes
- Manhattan, NY: higher priced homes
- McAllen, TX: less expensive homes
- Manteca, CA: higher priced homes
- Mansfield, OH: less expensive homes
- Lafayette, IN: less expensive homes
- Jonesboro, GA: less expensive homes
- Jackson, MS: less expensive homes
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