salaryRent is higher than in 71% of U.S. cities. A typical house costs about 6.2 years of household income, so buying is hard for most locals. Commutes are long, about 33.7 minutes each way.
How much money do I need?
To rent here comfortably, you should earn about $81,400 a year. That is $39 an hour at a full-time job.
Is rent cheaper than other Washington cities?
No. Rent here is more expensive than in most of Washington. It is number 101 of 192 cities from cheapest to most expensive.
How much do households earn in Alderwood Manor?
Share of households by yearly income. 41.9% of households earn $100,000 or more.
Rent by apartment size in Alderwood Manor
| Size | Alderwood Manor | U.S. average |
|---|---|---|
| 1 bedroom | $1,832 | $1,324 |
| 2 bedrooms | $1,953 | $1,509 |
| 3 bedrooms | $2,711 | $1,698 |
| 4 bedrooms | $2,934 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Alderwood Manor overall?
Everyday prices in Washington overall are 7% above the U.S. average (index 107.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Alderwood Manor, so the Washington figure is shown.
Taxes and bills in Alderwood Manor
Life in Alderwood Manor
Is it cheaper to rent or buy in Alderwood Manor?
Renting is cheaper right now: about $2,828 a month less.
Owning assumes a typical $700,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $70,090 for the down payment.
Frequently asked questions
What is the average rent in Alderwood Manor, WA?
Renting in Alderwood Manor costs a median of about $2,035 a month in 2026, including utilities. The Washington median is $2,025.
How much do I need to make to live in Alderwood Manor?
To keep rent under 30% of income, you need about $81,400 a year, or $39 an hour at a full-time job.
Is Alderwood Manor cheap or expensive?
Alderwood Manor is rated OK: rent takes 21.5% of the typical household income of $113,438. It ranks 101st cheapest of 192 Washington cities we track.
How much are property taxes in Alderwood Manor?
The median homeowner in Alderwood Manor pays $6,104 a year in property taxes, about 0.87% of the median home value.
Is Alderwood Manor more expensive than the national average?
Overall prices in Washington are 7% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Alderwood Manor?
The median home value in Alderwood Manor is $700,900, about 6.2 times the typical yearly household income.
10,266 people live in Alderwood Manor. Numbers are typical (middle) values.