Property Prices in Seattle, WA, United States

Index Info
Price to Income Ratio: 5.05
Mortgage as Percentage of Income: 34.96%
Loan Affordability Index: 2.86
Price to Rent Ratio - City Centre: 15.89
Price to Rent Ratio - Outside of Centre: 13.38
Gross Rental Yield (City Centre): 6.29%
Gross Rental Yield (Outside of Centre): 7.48%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,087.84 $ 1,500.00-2,725.00
Apartment (1 bedroom) Outside of Centre 1,650.20 $ 1,250.00-2,065.00
Apartment (3 bedrooms) in City Centre 3,866.22 $ 3,000.00-5,500.00
Apartment (3 bedrooms) Outside of Centre 2,852.09 $ 2,200.00-3,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 681.01 $ 500.00-998.99
Price per Square Feet to Buy Apartment Outside of Centre 439.44 $ 354.00-648.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,970.79 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.44 2.75-5.00

These data are based on 374 entries in the past 18 months from 62 different contributors.
Last update: July 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.