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These days, finding an affordable place to live in the Packwood area can be challenging. Home prices in Packwood are now at a median cost of $375,194, lower than the Washington average of $621,115.
The average cost of rent is $938/mo in Packwood, primarily driven by the current value of real estate in the Packwood area. In Packwood, 14.02% of households rent, and 49.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Packwood is $5,535 per month. Households that rent pay about 16.94% of their income on rent here. Packwood’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Randle, WA: equally priced homes
- Kosmos, WA: equally priced homes
- Ashford, WA: equally priced homes
- National, WA: higher priced homes
- Glenoma, WA: less expensive homes
- Mineral, WA: higher priced homes
- Rimrock, WA: equally priced homes
- Elbe, WA: equally priced homes
- Goose Prairie, WA: less expensive homes
- Morton, WA: less expensive homes
Cities with Similar Populations
- Spring Garden, VA: less expensive homes
- Kidder, MO: less expensive homes
- Lake Quivira, KS: higher priced homes
- Siasconset, MA: higher priced homes
- Snead, AL: less expensive homes
- Somerville, VA: higher priced homes
- Sontag, MS: less expensive homes
- South Condit, OH: equally priced homes
- South Monterey, MI: less expensive homes
- South Torrington, WY: less expensive homes
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