Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Madrona area can be challenging. Home prices in Madrona are now at a median cost of $1,196,128, higher than the Seattle average of $568,712.
The average cost of rent is $2,463/mo in Madrona, primarily driven by the current value of real estate in the Madrona area. While nearly 26.25% of residents own their homes outright in Madrona, 25.72% rent.
Housing affordability isn’t just about home prices, though. The average household income in Madrona is $14,063 per month. Households that rent pay about 17.52% of their income on rent here. Madrona's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Nearby Neighborhoods
- Central District, Seattle, WA: less expensive homes
- Leschi, Seattle, WA: equally priced homes
- Capitol Hill, Seattle, WA: less expensive homes
- Atlantic, Seattle, WA: less expensive homes
- Madison Park, Seattle, WA: higher priced homes
- First Hill, Seattle, WA: less expensive homes
- Downtown Seattle, Seattle, WA: equally priced homes
- International District, Seattle, WA: less expensive homes
- Montlake, Seattle, WA: equally priced homes
- Pioneer Square, Seattle, WA: less expensive homes
Neighborhoods with Similar Populations
- Wooster Public Square Historic District, Wooster, OH: less expensive homes
- Aviation, Detroit, MI: less expensive homes
- Bonhamtown, Edison, NJ: less expensive homes
- Westmont, Tillmans Corner, AL: less expensive homes
- Bay Colony, Baldwin Harbor, NY: less expensive homes
- Bayswater, Indianapolis, IN: less expensive homes
- Beatties Ford-Trinity, Charlotte, NC: less expensive homes
- West Side, Charleston, WV: less expensive homes
- West End Park, Rockville, MD: less expensive homes
- North Broadway, Cleveland, OH: less expensive homes
All Local Stats
Home Services
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