Property Prices in Seattle, WA, United States

Index Info
Price to Income Ratio: 4.84
Mortgage as Percentage of Income: 33.58%
Loan Affordability Index: 2.98
Price to Rent Ratio - City Centre: 15.49
Price to Rent Ratio - Outside of Centre: 12.41
Gross Rental Yield (City Centre): 6.46%
Gross Rental Yield (Outside of Centre): 8.06%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,196.64 $ 1,500.00-2,900.00
Apartment (1 bedroom) Outside of Centre 1,711.85 $ 1,250.00-2,100.00
Apartment (3 bedrooms) in City Centre 3,851.67 $ 3,000.00-6,100.00
Apartment (3 bedrooms) Outside of Centre 2,890.38 $ 2,000.00-3,560.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 681.68 $ 500.00-998.99
Price per Square Feet to Buy Apartment Outside of Centre 418.68 $ 350.00-648.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 6,118.67 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.47 2.75-5.00

These data are based on 333 entries in the past 18 months from 55 different contributors.
Last update: May 2021

Sources and References
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1 Comments so far
Timothy A Clark on Oct 30, 2019:
Price to Income ratio isn't completely comparative. Expensive properties or high income can skew the data. It should be based on a fixed income for the user.