The Most Affordable Neighborhoods in Meridian Park, Shoreline, WA by Home Value

 

Meridian Park, Shoreline, WA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Meridian Park area can be challenging. Home prices in Meridian Park are now at a median cost of $604,530, lower than the Shoreline average of $626,371.

The average cost of rent is $1,867/mo in Meridian Park, primarily driven by the current value of real estate in the Meridian Park area. While nearly 25.12% of residents own their homes outright in Meridian Park, 28.26% rent.

Housing affordability isn’t just about home prices, though. The average household income in Meridian Park is $9,876 per month. Households that rent pay about 18.91% of their income on rent here. Meridian Park's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the neighborhood.


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