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These days, finding an affordable place to live in the Laurel area can be challenging. Home prices in Laurel are now at a median cost of $513,580, lower than the Washington average of $621,115.
The average cost of rent is $973/mo in Laurel, primarily driven by the current value of real estate in the Laurel area. In Laurel, 21.44% of households rent, and 58.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Laurel is $6,536 per month. Households that rent pay about 14.89% of their income on rent here. Laurel’s most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Trout Lake, WA: higher priced homes
- Glenwood, WA: less expensive homes
- Husum, WA: equally priced homes
- Appleton, WA: equally priced homes
- White Salmon, WA: higher priced homes
- Klickitat, WA: equally priced homes
- Wahkiacus, WA: less expensive homes
- Bingen, WA: higher priced homes
- Underwood, WA: higher priced homes
- Lyle, WA: equally priced homes
Cities with Similar Populations
- Olivett, OH: less expensive homes
- Page, VA: less expensive homes
- Oxberry, MS: less expensive homes
- Ovid, ID: less expensive homes
- Osgood, IA: less expensive homes
- Osborne, IA: less expensive homes
- Orleans, MN: less expensive homes
- Optimus, AR: less expensive homes
- Onemo, VA: less expensive homes
- Panther Burn, MS: less expensive homes
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