States › Washington › College Place

Is College Place, WA expensive to live in?

ExpensiveRent takes 31 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,7122% lower than U.S. average
💵 Families earn per year (2026)$66,774about $5,565/month · 23% lower than U.S. average
🔑 House price$366,60010% higher than U.S. average

Rent is higher than in 53% of U.S. cities. A typical house costs about 5.5 years of household income. Commutes are short, about 13.2 minutes.

How much money do I need?

To rent here comfortably, you should earn about $68,480 a year. That is $33 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 42 of 192 cities from cheapest to most expensive.

College Place
$1,712
$2,937
$1,771
$3,491
$2,235

How much do households earn in College Place?

Under $25k
17.7%
$25k–50k
23.5%
$50k–100k
31.5%
$100k–150k
10.4%
$150k+
11.8%

Share of households by yearly income. 22.2% of households earn $100,000 or more.

Rent by apartment size in College Place

SizeCollege PlaceU.S. average
1 bedroom$816$1,324
2 bedrooms$1,416$1,509
3 bedrooms$1,846$1,698

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

How expensive is College Place 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 College Place, so the Washington figure is shown.

Taxes and bills in College Place

🏛️ Property tax$3,244a year · 0.88% of home value · U.S. $3,119
⚡ Electric bill$113a month (typical) · U.S. $156

Life in College Place

Commute to work13.2 minU.S.: 26.4 min
College degree35.4%U.S.: 35.7%
Own their home63.7%U.S.: 65.2%
Below poverty line11.3%U.S.: 12.5%
Unemployment6.4%U.S.: 5.2%

Is it cheaper to rent or buy in College Place?

Renting is cheaper right now: about $832 a month less.

Renting
$1,712
Owning
$2,544

Owning assumes a typical $366,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $36,660 for the down payment.

Frequently asked questions

What is the average rent in College Place, WA?

Renting in College Place costs a median of about $1,712 a month in 2026, including utilities. The Washington median is $2,025.

How much do I need to make to live in College Place?

To keep rent under 30% of income, you need about $68,480 a year, or $33 an hour at a full-time job.

Is College Place cheap or expensive?

College Place is rated Expensive: rent takes 30.8% of the typical household income of $66,774. It ranks 42nd cheapest of 192 Washington cities we track.

How much are property taxes in College Place?

The median homeowner in College Place pays $3,244 a year in property taxes, about 0.88% of the median home value.

Is College Place 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 College Place?

The median home value in College Place is $366,600, about 5.5 times the typical yearly household income.

9,854 people live in College Place. Numbers are typical (middle) values.