Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the South Lake Union area can be challenging. Home prices in South Lake Union are now at a median cost of $682,341, higher than the Seattle average of $568,712.
The average cost of rent is $2,201/mo in South Lake Union, primarily driven by the current value of real estate in the South Lake Union area. While nearly 38.82% of residents own their homes outright in South Lake Union, 84.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in South Lake Union is $9,942 per month. Households that rent pay about 22.14% of their income on rent here. South Lake Union's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Nearby Neighborhoods
- Belltown, Seattle, WA: higher priced homes
- Uptown, Seattle, WA: equally priced homes
- Westlake, Seattle, WA: less expensive homes
- Capitol Hill, Seattle, WA: equally priced homes
- First Hill, Seattle, WA: equally priced homes
- Pioneer Square, Seattle, WA: equally priced homes
- Eastlake, Seattle, WA: higher priced homes
- Central District, Seattle, WA: higher priced homes
- Queen Anne, Seattle, WA: higher priced homes
- International District, Seattle, WA: less expensive homes
Neighborhoods with Similar Populations
- South Ironbound, Newark, NJ: less expensive homes
- Brewerytown, Philadelphia, PA: less expensive homes
- Brooklawn-St. Vincent, Bridgeport, CT: less expensive homes
- Brookline, Pittsburgh, PA: less expensive homes
- Brooklyn-Curtis Bay, Brooklyn, MD: less expensive homes
- Bryant Terrace, Malden, MA: less expensive homes
- Buckeye-Shaker, Cleveland, OH: less expensive homes
- Cambridgeport, Cambridge, MA: higher priced homes
- Downtown Paterson, Paterson, NJ: less expensive homes
- Sky Line, San Diego, CA: less expensive homes
All Local Stats
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