Housing costs in Renton?
A typical home costs
$818,400, which is 142.1% more expensive than the national average of
$338,100 and 53.1% more expensive than the average Washington home, at
$534,700. Renting a two-bedroom unit in Renton costs
$2,400 per month, which is 38.7% more than the national average of
$1,730 and 13.8% more than the state average of
$2,070.
Can I afford Renton?
To live comfortably in Renton (zip 98059), Washington, a minimum annual income of
$156,960 for a family, and
$82,000 for a single person is recommended.
What does A.I. say about Renton?
The cost of living in 98059 Renton, WA is higher than the national average. The median home price in this zip code is $475,000 and the median household income is around $67,000. Renting can be expensive as well, with a one bedroom apartment averaging around $1,400 per month. Property taxes are high as well, with homeowners paying an average of 1.34% of their home’s assessed value. Additionally, utility costs are above the national average due to the area’s mild climate and need for air conditioning during summer months. In general, living in 98059 Renton can be costly but comes with access to great schools and other amenities that make it a desirable place to live.