Affordable
Expensive
Expensive
Colorblind friendly
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These days, finding an affordable place to live in the Montlake area can be challenging. Home prices in Montlake are now at a median cost of $1,564,441, higher than the Seattle average of $772,426.
The average cost of rent is $3,260/mo in Montlake, primarily driven by the current value of real estate in the Montlake area. In Montlake, 8.87% of households rent, and 36.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Montlake is $16,561 per month. Households that rent pay about 19.68% of their income on rent here. Montlake’s most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Eastlake, Seattle, WA: less expensive homes
- Madison Park, Seattle, WA: higher priced homes
- Capitol Hill, Seattle, WA: less expensive homes
- University District, Seattle, WA: less expensive homes
- Westlake, Seattle, WA: less expensive homes
- Laurelhurst, Seattle, WA: higher priced homes
- Wallingford, Seattle, WA: less expensive homes
- Madrona, Seattle, WA: equally priced homes
- South Lake Union, Seattle, WA: less expensive homes
- Central District, Seattle, WA: less expensive homes
Neighborhoods with Similar Populations
- Crossley Crossing, Round Rock, TX: less expensive homes
- Sunnyslope, Riverside, CA: less expensive homes
- Historic West-Side, Springfield, IL: less expensive homes
- Oakwood, Knoxville, TN: less expensive homes
- North Middletown, Middletown, NJ: less expensive homes
- Gilcrease Hills, Tulsa, OK: less expensive homes
- Globeville, Denver, CO: less expensive homes
- Manhattan Beach, Brooklyn, NY: less expensive homes
- Westminster Heights, St. Petersburg, FL: less expensive homes
- Bay Breeze Cove, St. Petersburg, FL: less expensive homes
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