States › Washington › Edgewood

Is Edgewood, WA expensive to live in?

OKRent takes 22 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,34234% higher than U.S. average
💵 Families earn per year (2026)$125,248about $10,437/month · 44% higher than U.S. average
🔑 House price$712,000114% higher than U.S. average

Rent is higher than in 81% of U.S. cities. A typical house costs about 5.7 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $93,680 a year. That is $45 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 135 of 192 cities from cheapest to most expensive.

Edgewood
$2,342
Newcastle
$2,816
Lakeland South
$2,014
Sedro-Woolley
$2,011
Cheney
$1,371
Enumclaw
$2,176
Lake Tapps
$2,217

How much do households earn in Edgewood?

Under $25k
4.4%
$25k–50k
13.3%
$50k–100k
32.1%
$100k–150k
21.5%
$150k+
25.9%

Share of households by yearly income. 47.5% of households earn $100,000 or more.

Rent by apartment size in Edgewood

SizeEdgewoodU.S. average
1 bedroom$1,837$1,324
2 bedrooms$2,196$1,509
3 bedrooms$3,029$1,698
4 bedrooms$3,500+$2,098

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

How expensive is Edgewood 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 Edgewood, so the Washington figure is shown.

Taxes and bills in Edgewood

🏛️ Property tax$6,214a year · 0.87% of home value · U.S. $3,119
⚡ Electric bill$163a month (typical) · U.S. $156

Life in Edgewood

Commute to work28.3 minU.S.: 26.4 min
College degree33.6%U.S.: 35.7%
Own their home68%U.S.: 65.2%
Below poverty line4.6%U.S.: 12.5%
Unemployment1.8%U.S.: 5.2%

Is it cheaper to rent or buy in Edgewood?

Renting is cheaper right now: about $2,598 a month less.

Renting
$2,342
Owning
$4,940

Owning assumes a typical $712,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $71,200 for the down payment.

Frequently asked questions

What is the average rent in Edgewood, WA?

Renting in Edgewood costs a median of about $2,342 a month in 2026, including utilities. The Washington median is $2,025.

How much do I need to make to live in Edgewood?

To keep rent under 30% of income, you need about $93,680 a year, or $45 an hour at a full-time job.

Is Edgewood cheap or expensive?

Edgewood is rated OK: rent takes 22.4% of the typical household income of $125,248. It ranks 135th cheapest of 192 Washington cities we track.

How much are property taxes in Edgewood?

The median homeowner in Edgewood pays $6,214 a year in property taxes, about 0.87% of the median home value.

Is Edgewood 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 Edgewood?

The median home value in Edgewood is $712,000, about 5.7 times the typical yearly household income.

13,032 people live in Edgewood. Numbers are typical (middle) values.