The Most Affordable Neighborhoods in Martha Lake, Lynnwood, WA by Home Value

 

Martha Lake, Lynnwood, WA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Martha Lake area can be challenging. Home prices in Martha Lake are now at a median cost of $516,569, higher than the Lynnwood average of $493,316.

The average cost of rent is $1,962/mo in Martha Lake, primarily driven by the current value of real estate in the Martha Lake area. While nearly 28.80% of residents own their homes outright in Martha Lake, 37.38% rent.

Housing affordability isn’t just about home prices, though. The average household income in Martha Lake is $9,065 per month. Households that rent pay about 21.64% of their income on rent here. Martha Lake's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the neighborhood.


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