Affordable
Expensive
Expensive
Colorblind friendly
off
These days, finding an affordable place to live in the Somerset area can be challenging. Home prices in Somerset are now at a median cost of $1,340,093, higher than the Bellevue average of $1,262,581.
The average cost of rent is $3,193/mo in Somerset, primarily driven by the current value of real estate in the Somerset area. In Somerset, 24.73% of households rent, and 37.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Somerset is $16,760 per month. Households that rent pay about 19.05% of their income on rent here. Somerset’s most expensive areas are in the western 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
- Newport, Bellevue, WA: less expensive homes
- Eastgate, Bellevue, WA: equally priced homes
- Factoria, Bellevue, WA: less expensive homes
- Lakemont, Bellevue, WA: higher priced homes
- Woodbridge, Bellevue, WA: higher priced homes
- West Lake Sammamish, Bellevue, WA: equally priced homes
- Wilburton, Bellevue, WA: equally priced homes
- Lake Hills, Bellevue, WA: less expensive homes
- Kennydale, Renton, WA: less expensive homes
- Meydenbauer, Bellevue, WA: higher priced homes
Neighborhoods with Similar Populations
- Garrison Park, Austin, TX: less expensive homes
- St. Lucie West, Port St. Lucie, FL: less expensive homes
- Springwells, Detroit, MI: less expensive homes
- South End Hartford, Hartford, CT: less expensive homes
- Iron Triangle, Richmond, CA: less expensive homes
- Greenfield, Detroit, MI: less expensive homes
- Green Haven, Pasadena, MD: less expensive homes
- Granville Gardens, Chicago, IL: less expensive homes
- Gold Coast, Alameda, CA: equally priced homes
- Glencliff, Nashville, TN: less expensive homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood