Housing and Housing Statistics in Seattle, WA
Housing is often the largest expense we face each month. The average monthly home ownership costs for owners with a mortgage in Seattle is $2,307, which is higher than the nation as a whole. The average monthly rent in Seattle is $1,131, which is higher than the U.S. Approximately 134,357 housing units are owner-occupied. About 65.2% of owners and 53.1% of renters pay less than 30% of their income toward housing expenses, a measure of affordability. Owners make up 43.2% of housing units. 50.3% of the housing units are occupied by renters. 88.1% of homes in Seattle were built after 1990. 37.5% of all housing units in Seattle have three bedrooms or more.
Own their own homes134,357
Median home price$437,400
Median monthly mortgage$2,307