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Bellevue city, WA

ZIP 98006 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Wealthy AreaLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 98006

Median Home Value
$1,233,500
Median Rent
$2,605
Affordability Snapshot
$340,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$7,924/mo PITI).

16%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

6.3x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

39.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 98006 in Bellevue city, WA, a household would need roughly $340,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $7,924. That is about 72% above the local median household income ($197,344), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
79.6%+22% vs US avg
x
Vacancy Rate
4.6%-55% vs US avg
x
Broadband Access
99.0%+14% vs US avg
x
4+ Bedrooms
16.5%+11% vs US avg
x
Built Pre-1939
0.6%-95% vs US avg
x
Built Post-2014
0.1%-98% vs US avg
x
Rent Burden >30%
26.6%-46% vs US avg
x
Mortgage-Free
38.2%-0% vs US avg
x
$1,233,500
Home Value
$2,605
Rent
1979
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached81.3%
  • 1-unit attached5.6%
  • 2-9 units6.4%
  • 10+ units6.6%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$1,233,500
Median rent$2,605
Owner-occupied79.6%
Vacant4.6%
Price-to-income6.3x
Est. income to buy$340,000