Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Terrace Heights area can be challenging. Home prices in Terrace Heights are now at a median cost of $270,222, lower than the Washington average of $453,663.
The average cost of rent is $1,196/mo in Terrace Heights, primarily driven by the current value of real estate in the Terrace Heights area. While nearly 42.40% of residents own their homes outright in Terrace Heights, 31.89% rent.
Housing affordability isn’t just about home prices, though. The average household income in Terrace Heights is $6,063 per month. Households that rent pay about 19.73% of their income on rent here. Terrace Heights's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Union Gap, WA: less expensive homes
- Moxee, WA: less expensive homes
- Yakima, WA: less expensive homes
- Selah, WA: equally priced homes
- Parker, WA: less expensive homes
- Gleed, WA: higher priced homes
- Wapato, WA: less expensive homes
- Sawyer, WA: less expensive homes
- Cowiche, WA: higher priced homes
- Buena, WA: equally priced homes
Cities with Similar Populations
- Rustburg, VA: less expensive homes
- Lambertville, MI: less expensive homes
- Lamesa, TX: less expensive homes
- Lanoka Harbor, NJ: higher priced homes
- Lansdowne, MD: less expensive homes
- Laughlin, NV: less expensive homes
- Laurel, FL: higher priced homes
- Laurel Hill, VA: higher priced homes
- Leechburg, PA: less expensive homes
- Rupert, ID: less expensive homes
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