States › Washington › East Renton Highlands

Is East Renton Highlands, WA expensive to live in?

OKRent takes 22 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,88164% higher than U.S. average
💵 Families earn per year (2026)$153,686about $12,807/month · 77% higher than U.S. average
🔑 House price$778,700134% higher than U.S. average

Rent here is among the highest 10% in the country. 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 31.9 minutes each way. Most homes (90.6%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $115,240 a year. That is $55 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 178 of 192 cities from cheapest to most expensive.

East Renton Highlands
$2,881
$1,682
$2,176
$1,371

How much do households earn in East Renton Highlands?

Under $25k
4.6%
$25k–50k
10.7%
$50k–100k
27.7%
$100k–150k
19.7%
$150k+
36.6%

Share of households by yearly income. 56.3% of households earn $100,000 or more.

Rent by apartment size in East Renton Highlands

SizeEast Renton HighlandsU.S. average
1 bedroom$432$1,324
3 bedrooms$3,285$1,698
4 bedrooms$2,474$2,098

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

How expensive is East Renton Highlands 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 East Renton Highlands, so the Washington figure is shown.

Taxes and bills in East Renton Highlands

🏛️ Property tax$7,220a year · 0.93% of home value · U.S. $3,119
⚡ Electric bill$195a month (typical) · U.S. $156

Life in East Renton Highlands

Commute to work31.9 minU.S.: 26.4 min
College degree43.3%U.S.: 35.7%
Own their home90.6%U.S.: 65.2%
Below poverty line3.1%U.S.: 12.5%
Unemployment6%U.S.: 5.2%

Is it cheaper to rent or buy in East Renton Highlands?

Renting is cheaper right now: about $2,522 a month less.

Renting
$2,881
Owning
$5,403

Owning assumes a typical $778,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $77,870 for the down payment.

Frequently asked questions

What is the average rent in East Renton Highlands, WA?

Renting in East Renton Highlands costs a median of about $2,881 a month in 2026, including utilities. The Washington median is $2,025.

How much do I need to make to live in East Renton Highlands?

To keep rent under 30% of income, you need about $115,240 a year, or $55 an hour at a full-time job.

Is East Renton Highlands cheap or expensive?

East Renton Highlands is rated OK: rent takes 22.5% of the typical household income of $153,686. It ranks 178th cheapest of 192 Washington cities we track.

How much are property taxes in East Renton Highlands?

The median homeowner in East Renton Highlands pays $7,220 a year in property taxes, about 0.93% of the median home value.

Is East Renton Highlands 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 East Renton Highlands?

The median home value in East Renton Highlands is $778,700, about 5.1 times the typical yearly household income.

12,582 people live in East Renton Highlands. Numbers are typical (middle) values.