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These days, finding an affordable place to live in the Pioneer Square area can be challenging. Home prices in Pioneer Square are now at a median cost of $650,569, lower than the Seattle average of $772,426.
The average cost of rent is $1,728/mo in Pioneer Square, primarily driven by the current value of real estate in the Pioneer Square area. In Pioneer Square, 90.17% of households rent, and 29.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pioneer Square is $6,946 per month. Households that rent pay about 24.87% of their income on rent here. Pioneer Square’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- International District, Seattle, WA: less expensive homes
- First Hill, Seattle, WA: equally priced homes
- Belltown, Seattle, WA: higher priced homes
- Central District, Seattle, WA: higher priced homes
- South Lake Union, Seattle, WA: higher priced homes
- Atlantic, Seattle, WA: higher priced homes
- Capitol Hill, Seattle, WA: higher priced homes
- Uptown, Seattle, WA: equally priced homes
- Leschi, Seattle, WA: higher priced homes
- Madrona, Seattle, WA: higher priced homes
Neighborhoods with Similar Populations
- Falcon Trace, Southchase, FL: less expensive homes
- Park East, Sarasota, FL: less expensive homes
- Orem North, Orem, UT: less expensive homes
- Manton, Providence, RI: less expensive homes
- Grantley, York, PA: less expensive homes
- Govalle, Austin, TX: higher priced homes
- Fort Columbus Airport, Columbus, OH: less expensive homes
- Five Points, Atlanta, GA: less expensive homes
- Farmers Market District, Dallas, TX: less expensive homes
- Riverside Park, Fort Lauderdale, FL: less expensive homes
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