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Seattle Rent vs Buy

The Seattle income-needed indicator moved -2.79% year over year, which shifts the rent-vs-buy line — rates, taxes, insurance, and HOA costs then decide it for your budget. The median tracked ZIP has a home-value-to-annual-rent ratio of 29.8. Across tracked ZIPs the typical home value runs from $544,576 in 98121 to $1,362,281 in 98112 — a factor of 2.5. 14 of 22 tracked ZIPs (64%) show the current cooling flag.

Key stats

  • The median tracked ZIP has a home-value-to-annual-rent ratio of 29.8.
  • Across tracked ZIPs the typical home value runs from $544,576 in 98121 to $1,362,281 in 98112 — a factor of 2.5.
  • 14 of 22 tracked ZIPs (64%) show the current cooling flag.
  • The median tracked ZIP records about 69 pending homes per 100 new listings.
Tracked ZIP markets
22
Median ZIP home value
$815,787
Median ZIP rent
$2,279
metro price to rent
The median tracked ZIP has a home-value-to-annual-rent ratio of 29.8.
housing cost spread
Across tracked ZIPs the typical home value runs from $544,576 in 98121 to $1,362,281 in 98112 — a factor of 2.5.
cooling share
14 of 22 tracked ZIPs (64%) show the current cooling flag.

Seattle price-to-rent context

The median tracked ZIP has a home-value-to-annual-rent ratio of 29.8.

The income-needed indicator changed -2.79% year over year.

Sources and method

Figures are updated monthly under our editorial policy. Spotted something wrong? Report a correction.

What that costs per month in Seattle

Principal and interest on $815,787, the typical value of the median tracked ZIP. Taxes, insurance, and any association dues are not included.

%
%
yrs

$4,125 / monthprincipal and interest

An estimate for comparison between markets, not a quote or an offer of credit. Actual payments depend on the rate you are offered, the property, and the loan terms.

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