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Affordable
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These days, finding an affordable place to live in the University District area can be challenging. Home prices in University District are now at a median cost of $989,691, higher than the Seattle average of $772,426.
The average cost of rent is $1,769/mo in University District, primarily driven by the current value of real estate in the University District area. In University District, 90.42% of households rent, and 51.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in University District is $4,078 per month. Households that rent pay about 43.37% of their income on rent here. University District’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Wallingford, Seattle, WA: higher priced homes
- Ravenna, Seattle, WA: higher priced homes
- Roosevelt, Seattle, WA: equally priced homes
- Bryant, Seattle, WA: higher priced homes
- Laurelhurst, Seattle, WA: higher priced homes
- Montlake, Seattle, WA: higher priced homes
- Green Lake, Seattle, WA: equally priced homes
- Eastlake, Seattle, WA: higher priced homes
- Fremont, Seattle, WA: equally priced homes
- Wedgwood, Seattle, WA: higher priced homes
Neighborhoods with Similar Populations
- Parkway Village-Oakhaven, Memphis, TN: less expensive homes
- Northeast, Anaheim, CA: less expensive homes
- Northwest, Reno, NV: less expensive homes
- Norwood Park, Chicago, IL: less expensive homes
- Oak Cliff, Dallas, TX: less expensive homes
- Oak Lane, Philadelphia, PA: less expensive homes
- Oakland Gardens, Queens, NY: less expensive homes
- Ocean Hill, Brooklyn, NY: less expensive homes
- Old Brooklyn, Cleveland, OH: less expensive homes
- Olney, Philadelphia, PA: less expensive homes
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