Property Prices in Seattle, WA, United States

Index Info
Price to Income Ratio: 5.78
Mortgage as Percentage of Income: 47.40%
Loan Affordability Index: 2.11
Price to Rent Ratio - City Centre: 15.44
Price to Rent Ratio - Outside of Centre: 13.35
Gross Rental Yield (City Centre): 6.48%
Gross Rental Yield (Outside of Centre): 7.49%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,437.62 $ 2,000.00-3,000.00
Apartment (1 bedroom) Outside of Centre 1,904.12 $ 1,500.00-2,500.00
Apartment (3 bedrooms) in City Centre 4,498.28 $ 3,600.00-6,000.00
Apartment (3 bedrooms) Outside of Centre 3,316.56 $ 2,855.00-3,880.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 771.67 $ 550.00-999.99
Price per Square Feet to Buy Apartment Outside of Centre 507.61 $ 400.00-699.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,952.51 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.41 4.00-6.00

These data are based on 401 entries in the past 18 months from 73 different contributors.
Last update: March 2023

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.