The Most Affordable Neighborhoods in Telma, WA by Home Value

 

Telma, WA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Telma area can be challenging. Home prices in Telma are now at a median cost of $470,400, higher than the Washington average of $453,663.

The average cost of rent is $1,055/mo in Telma, primarily driven by the current value of real estate in the Telma area. While nearly 56.37% of residents own their homes outright in Telma, 9.56% rent.

Housing affordability isn’t just about home prices, though. The average household income in Telma is $5,143 per month. Households that rent pay about 20.51% of their income on rent here. Telma's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.


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