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

 

Lake Stevens, WA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lake Stevens area can be challenging. Home prices in Lake Stevens are now at a median cost of $651,137, higher than the Washington average of $621,115.

The average cost of rent is $2,291/mo in Lake Stevens, primarily driven by the current value of real estate in the Lake Stevens area. In Lake Stevens, 22.21% of households rent, and 21.94% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Lake Stevens is $10,324 per month. Households that rent pay about 22.19% of their income on rent here. Lake Stevens’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern 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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