States › Washington › Edmonds

Is Edmonds, WA expensive to live in?

CheapRent takes 19 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,04216% higher than U.S. average
💵 Families earn per year (2026)$132,061about $11,005/month · 52% higher than U.S. average
🔑 House price$890,100168% higher than U.S. average

Rent is higher than in 71% of U.S. cities. A typical house costs about 6.7 years of household income, so buying is hard for most locals.

How much money do I need?

To rent here comfortably, you should earn about $81,680 a year. That is $39 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 103 of 192 cities from cheapest to most expensive.

Edmonds
$2,042
Puyallup
$2,103
Bremerton
$1,920
Lake Stevens
$2,684
Lynnwood
$1,919
Issaquah
$3,258
Parkland
$1,729

How much do households earn in Edmonds?

Under $25k
7.0%
$25k–50k
11.6%
$50k–100k
31.0%
$100k–150k
20.4%
$150k+
28.8%

Share of households by yearly income. 49.2% of households earn $100,000 or more.

Rent by apartment size in Edmonds

SizeEdmondsU.S. average
Studio$1,903$1,338
1 bedroom$1,749$1,324
2 bedrooms$2,034$1,509
3 bedrooms$2,738$1,698
4 bedrooms$3,446$2,098

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

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

Taxes and bills in Edmonds

🏛️ Property tax$6,190a year · 0.70% of home value · U.S. $3,119
⚡ Electric bill$113a month (typical) · U.S. $156

Life in Edmonds

Commute to work26.6 minU.S.: 26.4 min
College degree54%U.S.: 35.7%
Own their home70.9%U.S.: 65.2%
Below poverty line3.8%U.S.: 12.5%
Unemployment4.1%U.S.: 5.2%

Is it cheaper to rent or buy in Edmonds?

Renting is cheaper right now: about $4,134 a month less.

Renting
$2,042
Owning
$6,176

Owning assumes a typical $890,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $89,010 for the down payment.

Frequently asked questions

What is the average rent in Edmonds, WA?

Renting in Edmonds costs a median of about $2,042 a month in 2026, including utilities. The Washington median is $2,025.

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

To keep rent under 30% of income, you need about $81,680 a year, or $39 an hour at a full-time job.

Is Edmonds cheap or expensive?

Edmonds is rated Cheap: rent takes 18.6% of the typical household income of $132,061. It ranks 103rd cheapest of 192 Washington cities we track.

How much are property taxes in Edmonds?

The median homeowner in Edmonds pays $6,190 a year in property taxes, about 0.70% of the median home value.

Is Edmonds 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 Edmonds?

The median home value in Edmonds is $890,100, about 6.7 times the typical yearly household income.

42,735 people live in Edmonds. Numbers are typical (middle) values.