The Most Affordable Neighborhoods in Lake McMurray, WA by Home Value

 

Lake McMurray, WA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lake McMurray area can be challenging. Home prices in Lake McMurray are now at a median cost of $688,112, higher than the Washington average of $621,115.

The average cost of rent is $2,017/mo in Lake McMurray, primarily driven by the current value of real estate in the Lake McMurray area. In Lake McMurray, 16.22% of households rent, and 34.70% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Lake McMurray is $10,255 per month. Households that rent pay about 19.67% of their income on rent here. Lake McMurray’s most expensive areas are in the central 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.


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