Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Renton area can be challenging. Home prices in Renton are now at a median cost of $475,885, higher than the Washington average of $453,663.
The average cost of rent is $1,899/mo in Renton, primarily driven by the current value of real estate in the Renton area. While nearly 30.35% of residents own their homes outright in Renton, 45.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in Renton is $7,755 per month. Households that rent pay about 24.49% of their income on rent here. Renton's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- East Renton Highlands, WA: higher priced homes
- Fairwood, WA: equally priced homes
- Bryn Mawr-Skyway, WA: equally priced homes
- Newcastle, WA: higher priced homes
- Tukwila, WA: less expensive homes
- East Hill-Meridian, WA: less expensive homes
- SeaTac, WA: less expensive homes
- Boulevard Park, WA: less expensive homes
- Mercer Island, WA: higher priced homes
- Kent, WA: less expensive homes
Cities with Similar Populations
- Norfolk, VA: less expensive homes
- Murrieta, CA: equally priced homes
- Newnan, GA: less expensive homes
- Nashua, NH: less expensive homes
- Needmore, TX: less expensive homes
- New Braunfels, TX: less expensive homes
- Muskegon, MI: less expensive homes
- New Bedford, MA: less expensive homes
- New Rochelle, NY: higher priced homes
- Norman, OK: less expensive homes
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