
Expensive
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These days, finding an affordable place to live in the Ravenna area can be challenging. Home prices in Ravenna are now at a median cost of $1,123,299, higher than the Seattle average of $772,426.
The average cost of rent is $2,742/mo in Ravenna, primarily driven by the current value of real estate in the Ravenna area. In Ravenna, 37.12% of households rent, and 31.74% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ravenna is $14,789 per month. Households that rent pay about 18.54% of their income on rent here. Ravenna’s most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Bryant, Seattle, WA: equally priced homes
- Roosevelt, Seattle, WA: less expensive homes
- Wedgwood, Seattle, WA: equally priced homes
- University District, Seattle, WA: less expensive homes
- View Ridge, Seattle, WA: higher priced homes
- Laurelhurst, Seattle, WA: higher priced homes
- Green Lake, Seattle, WA: less expensive homes
- Maple Leaf, Seattle, WA: less expensive homes
- Wallingford, Seattle, WA: equally priced homes
- Meadowbrook, Seattle, WA: less expensive homes
Neighborhoods with Similar Populations
- East Houston, Houston, TX: less expensive homes
- Downtown Pittsfield, Ann Arbor, MI: less expensive homes
- Highland Square, Akron, OH: less expensive homes
- Academy Heights, Orange, NJ: less expensive homes
- Financial District, San Francisco, CA: higher priced homes
- Flamingo-Lummus, Miami Beach, FL: less expensive homes
- Friendly, Fort Washington, MD: less expensive homes
- Harambee, Milwaukee, WI: less expensive homes
- Hegewisch, Chicago, IL: less expensive homes
- Faneuil, Brighton, MA: less expensive homes
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