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These days, finding an affordable place to live in the Yelm area can be challenging. Home prices in Yelm are now at a median cost of $456,014, lower than the Washington average of $621,115.
The average cost of rent is $1,622/mo in Yelm, primarily driven by the current value of real estate in the Yelm area. In Yelm, 22.18% of households rent, and 21.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Yelm is $7,912 per month. Households that rent pay about 20.51% of their income on rent here. Yelm’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rainier, WA: equally priced homes
- Roy, WA: higher priced homes
- Vail, WA: less expensive homes
- Mckenna, WA: equally priced homes
- Nisqually Indian Community, WA: less expensive homes
- Kellys Korner, WA: higher priced homes
- South Creek, WA: higher priced homes
- Fort Lewis, WA: higher priced homes
- Eatonville, WA: higher priced homes
- Lacey, WA: equally priced homes
Cities with Similar Populations
- Whiting, NJ: less expensive homes
- Phillipsburg, NJ: less expensive homes
- Murray, KY: less expensive homes
- Murrells Inlet, SC: less expensive homes
- Naranjito, PR: less expensive homes
- Nazareth, PA: less expensive homes
- New Albany, OH: higher priced homes
- New Castle, IN: less expensive homes
- New London, CT: less expensive homes
- New Windsor, NY: less expensive homes
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