Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Westlake area can be challenging. Home prices in Westlake are now at a median cost of $846,482, higher than the Seattle average of $772,426.
The average cost of rent is $2,463/mo in Westlake, primarily driven by the current value of real estate in the Westlake area. In Westlake, 81.08% of households rent, and 18.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Westlake is $12,693 per month. Households that rent pay about 19.40% of their income on rent here. Westlake’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Queen Anne, Seattle, WA: higher priced homes
- South Lake Union, Seattle, WA: equally priced homes
- Eastlake, Seattle, WA: higher priced homes
- Uptown, Seattle, WA: less expensive homes
- Belltown, Seattle, WA: higher priced homes
- Capitol Hill, Seattle, WA: equally priced homes
- Interbay, Seattle, WA: higher priced homes
- Fremont, Seattle, WA: higher priced homes
- Montlake, Seattle, WA: higher priced homes
- First Hill, Seattle, WA: less expensive homes
Neighborhoods with Similar Populations
- Pueblo, Wichita, KS: less expensive homes
- Southside Columbus, Columbus, OH: less expensive homes
- Southern Hills, Springfield, MO: less expensive homes
- South Side, West Palm Beach, FL: less expensive homes
- South Harrison, Tucson, AZ: less expensive homes
- Smith Hill, Providence, RI: less expensive homes
- Sayre Park, Bethlehem, PA: less expensive homes
- Saint Johns, Austin, TX: less expensive homes
- Roselawn, Cincinnati, OH: less expensive homes
- Rainbow Hills, San Antonio, TX: less expensive homes
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