salaryRent is higher than in 61% of U.S. cities. Household incomes are higher than in 89% of U.S. cities. A typical house costs about 4.1 years of household income. Commutes are long, about 32.1 minutes each way. Most homes (78.8%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $74,720 a year. That is $36 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 64 of 192 cities from cheapest to most expensive.
How much do households earn in Bonney Lake?
Share of households by yearly income. 56.5% of households earn $100,000 or more.
Rent by apartment size in Bonney Lake
| Size | Bonney Lake | U.S. average |
|---|---|---|
| Studio | $2,447 | $1,338 |
| 1 bedroom | $2,202 | $1,324 |
| 2 bedrooms | $2,129 | $1,509 |
| 3 bedrooms | $2,380 | $1,698 |
| 4 bedrooms | $3,080 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Bonney Lake 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 Bonney Lake, so the Washington figure is shown.
Taxes and bills in Bonney Lake
Life in Bonney Lake
Is it cheaper to rent or buy in Bonney Lake?
Renting is cheaper right now: about $2,350 a month less.
Owning assumes a typical $607,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $60,790 for the down payment.
Frequently asked questions
What is the average rent in Bonney Lake, WA?
Renting in Bonney Lake costs a median of about $1,868 a month in 2026, including utilities. The Washington median is $2,025.
How much do I need to make to live in Bonney Lake?
To keep rent under 30% of income, you need about $74,720 a year, or $36 an hour at a full-time job.
Is Bonney Lake cheap or expensive?
Bonney Lake is rated Cheap: rent takes 15.2% of the typical household income of $147,587. It ranks 64th cheapest of 192 Washington cities we track.
How much are property taxes in Bonney Lake?
The median homeowner in Bonney Lake pays $5,436 a year in property taxes, about 0.89% of the median home value.
Is Bonney Lake 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 Bonney Lake?
The median home value in Bonney Lake is $607,900, about 4.1 times the typical yearly household income.
22,090 people live in Bonney Lake. Numbers are typical (middle) values.