States › Washington › Black Diamond

Is Black Diamond, WA expensive to live in?

CheapRent takes 12 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,54112% lower than U.S. average
💵 Families earn per year (2026)$152,482about $12,707/month · 75% higher than U.S. average
🔑 House price$779,100134% higher than U.S. average

Rent is lower than in 55% of U.S. cities. Household incomes are higher than in 90% of U.S. cities. A typical house costs about 5.1 years of household income. Commutes are long, about 37.5 minutes each way. Most homes (86%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $61,640 a year. That is $30 an hour at a full-time job.

Is rent cheaper than other Washington cities?

Yes. Rent here is cheaper than in most of Washington. It is number 30 of 192 cities from cheapest to most expensive.

Black Diamond
$1,541
$1,231
$1,537
$1,892

How much do households earn in Black Diamond?

Under $25k
2.6%
$25k–50k
6.2%
$50k–100k
34.5%
$100k–150k
26.0%
$150k+
32.9%

Share of households by yearly income. 58.9% of households earn $100,000 or more.

Rent by apartment size in Black Diamond

SizeBlack DiamondU.S. average
2 bedrooms$1,209$1,509
3 bedrooms$2,280$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Black Diamond overall?

Everyday prices in Washington overall are 7% above the U.S. average (index 107.0, U.S. = 100).

Housing
126
Goods (food, clothes…)
104
Utilities
93
Other services
104
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Black Diamond, so the Washington figure is shown.

Taxes and bills in Black Diamond

🏛️ Property tax$5,753a year · 0.74% of home value · U.S. $3,119
⚡ Electric bill$153a month (typical) · U.S. $156

Life in Black Diamond

Commute to work37.5 minU.S.: 26.4 min
College degree54.7%U.S.: 35.7%
Own their home86%U.S.: 65.2%
Below poverty line2.1%U.S.: 12.5%
Unemployment1.3%U.S.: 5.2%

Is it cheaper to rent or buy in Black Diamond?

Renting is cheaper right now: about $3,865 a month less.

Renting
$1,541
Owning
$5,406

Owning assumes a typical $779,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $77,910 for the down payment.

Frequently asked questions

What is the average rent in Black Diamond, WA?

Renting in Black Diamond costs a median of about $1,541 a month in 2026, including utilities. The Washington median is $2,025.

How much do I need to make to live in Black Diamond?

To keep rent under 30% of income, you need about $61,640 a year, or $30 an hour at a full-time job.

Is Black Diamond cheap or expensive?

Black Diamond is rated Cheap: rent takes 12.1% of the typical household income of $152,482. It ranks 30th cheapest of 192 Washington cities we track.

How much are property taxes in Black Diamond?

The median homeowner in Black Diamond pays $5,753 a year in property taxes, about 0.74% of the median home value.

Is Black Diamond 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 Black Diamond?

The median home value in Black Diamond is $779,100, about 5.1 times the typical yearly household income.

5,961 people live in Black Diamond. Numbers are typical (middle) values.