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These days, finding an affordable place to live in the Tumwater area can be challenging. Home prices in Tumwater are now at a median cost of $438,438, lower than the Washington average of $621,115.
The average cost of rent is $1,856/mo in Tumwater, primarily driven by the current value of real estate in the Tumwater area. In Tumwater, 40.19% of households rent, and 42.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tumwater is $7,903 per month. Households that rent pay about 23.48% of their income on rent here. Tumwater’s most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Olympia, WA: higher priced homes
- Lacey, WA: equally priced homes
- Kellys Korner, WA: higher priced homes
- Littlerock, WA: higher priced homes
- Tenino, WA: equally priced homes
- Nisqually Indian Community, WA: less expensive homes
- Kamilche, WA: equally priced homes
- Rochester, WA: equally priced homes
- Rainier, WA: equally priced homes
- Dupont, WA: higher priced homes
Cities with Similar Populations
- Auburn Hills, MI: less expensive homes
- New Brighton, MN: less expensive homes
- Northfield, MN: less expensive homes
- North Lynnwood, WA: higher priced homes
- North Haven, CT: equally priced homes
- Newton, NC: less expensive homes
- Newton, MA: higher priced homes
- New Philadelphia, OH: less expensive homes
- New Caney, TX: less expensive homes
- Oakland, CT: less expensive homes
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