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Renton city, WA

ZIP 98057 — Housing & Real Estate

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

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 98057

Median Home Value
$606,500
Median Rent
$1,684
Affordability Snapshot
$167,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,896/mo PITI).

30%
Rent-to-Income Ratio

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

8.9x
Home Price-to-Income Ratio

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

30.0 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 98057 in Renton city, WA, a household would need roughly $167,000 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 $3,896. That is about 145% above the local median household income ($68,097), 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

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
24.2%-63% vs US avg
x
Vacancy Rate
6.5%-37% vs US avg
x
Broadband Access
91.5%+5% vs US avg
x
4+ Bedrooms
4.1%-72% vs US avg
x
Built Pre-1939
5.3%-58% vs US avg
x
Built Post-2014
0.7%-90% vs US avg
x
Rent Burden >30%
31.4%-37% vs US avg
x
Mortgage-Free
22.0%-42% vs US avg
x
$606,500
Home Value
$1,684
Rent
1987
Year Built
2019
Moved In

Residents have lived here since ~2019 on average

Housing Structure

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

  • 1-unit detached22.3%
  • 1-unit attached3.1%
  • 2-9 units14.1%
  • 10+ units59.8%
  • Mobile home & other0.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$606,500
Median rent$1,684
Owner-occupied24.2%
Vacant6.5%
Price-to-income8.9x
Est. income to buy$167,000