Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Summit area can be challenging. Home prices in Summit are now at a median cost of $323,705, lower than the Puyallup average of $354,280.
The average cost of rent is $1,430/mo in Summit, primarily driven by the current value of real estate in the Summit area. While nearly 37.03% of residents own their homes outright in Summit, 37.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in Summit is $6,943 per month. Households that rent pay about 20.60% of their income on rent here. Summit's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the neighborhood.
Nearby Neighborhoods
- Waller, Tacoma, WA: higher priced homes
- Eastside Enact, Tacoma, WA: less expensive homes
- South End, Tacoma, WA: less expensive homes
- Frederickson, Tacoma, WA: higher priced homes
- South Tacoma, Tacoma, WA: less expensive homes
- New Tacoma, Tacoma, WA: higher priced homes
- Central, Tacoma, WA: equally priced homes
- Elk Plain, Spanaway, WA: less expensive homes
- Woodbrook, Lakewood, WA: less expensive homes
- Northeast Tacoma, Tacoma, WA: higher priced homes
Neighborhoods with Similar Populations
- West Waco, Woodway, TX: less expensive homes
- Home Gardens, Corona, CA: higher priced homes
- Winton Hills, Cincinnati, OH: less expensive homes
- Hutton Park, West Orange, NJ: higher priced homes
- Jefferson Westside, Eugene, OR: equally priced homes
- Lakeland, Baltimore, MD: less expensive homes
- Lane-Wooster, Akron, OH: less expensive homes
- Latah Valley, Spokane, WA: less expensive homes
- Leonidas, New Orleans, LA: less expensive homes
- Lincoln Creek, Milwaukee, WI: less expensive homes
All Local Stats
Home Services
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