Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lynnwood area can be challenging. Home prices in Lynnwood are now at a median cost of $493,316, higher than the Washington average of $453,663.
The average cost of rent is $1,852/mo in Lynnwood, primarily driven by the current value of real estate in the Lynnwood area. While nearly 27.92% of residents own their homes outright in Lynnwood, 34.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lynnwood is $8,070 per month. Households that rent pay about 22.94% of their income on rent here. Lynnwood's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- North Lynnwood, WA: less expensive homes
- Brier, WA: higher priced homes
- Lake Stickney, WA: less expensive homes
- Bothell West, WA: equally priced homes
- Mountlake Terrace, WA: less expensive homes
- Edmonds, WA: higher priced homes
- Mill Creek East, WA: higher priced homes
- Mill Creek, WA: higher priced homes
- Bothell, WA: higher priced homes
- Mukilteo, WA: higher priced homes
Cities with Similar Populations
- Santa Cruz, CA: higher priced homes
- San Mateo, CA: higher priced homes
- San Marcos, TX: less expensive homes
- San Marcos, CA: higher priced homes
- Santa Rosa, CA: higher priced homes
- San Diego, CA: higher priced homes
- Santa Barbara, CA: higher priced homes
- San Angelo, TX: less expensive homes
- Santa Clara, CA: higher priced homes
- Santa Monica, CA: higher priced homes
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