States › Washington › Gig Harbor

Is Gig Harbor, WA expensive to live in?

ExpensiveRent takes 31 cents of every $1 people earn here.
🏠 Rent per month (2026)$3,28187% higher than U.S. average
💵 Families earn per year (2026)$127,689about $10,641/month · 47% higher than U.S. average
🔑 House price$767,100131% higher than U.S. average

Rent here is among the highest 10% in the country. A typical house costs about 6.0 years of household income, so buying is hard for most locals. Commutes are long, about 32.3 minutes each way.

How much money do I need?

To rent here comfortably, you should earn about $131,240 a year. That is $63 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 188 of 192 cities from cheapest to most expensive.

Gig Harbor
$3,281
$1,682
$3,062
$2,176

How much do households earn in Gig Harbor?

Under $25k
6.5%
$25k–50k
10.4%
$50k–100k
34.3%
$100k–150k
17.5%
$150k+
25.9%

Share of households by yearly income. 43.4% of households earn $100,000 or more.

Rent by apartment size in Gig Harbor

SizeGig HarborU.S. average
Studio$1,895$1,338
1 bedroom$1,895$1,324
2 bedrooms$2,405$1,509
3 bedrooms$2,855$1,698
4 bedrooms$3,500+$2,098

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

How expensive is Gig Harbor 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 Gig Harbor, so the Washington figure is shown.

Taxes and bills in Gig Harbor

🏛️ Property tax$5,199a year · 0.68% of home value · U.S. $3,119
⚡ Electric bill$113a month (typical) · U.S. $156

Life in Gig Harbor

Commute to work32.3 minU.S.: 26.4 min
College degree52.1%U.S.: 35.7%
Own their home62.2%U.S.: 65.2%
Below poverty line7%U.S.: 12.5%
Unemployment2.7%U.S.: 5.2%

Is it cheaper to rent or buy in Gig Harbor?

Renting is cheaper right now: about $2,042 a month less.

Renting
$3,281
Owning
$5,323

Owning assumes a typical $767,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $76,710 for the down payment.

Frequently asked questions

What is the average rent in Gig Harbor, WA?

Renting in Gig Harbor costs a median of about $3,281 a month in 2026, including utilities. The Washington median is $2,025.

How much do I need to make to live in Gig Harbor?

To keep rent under 30% of income, you need about $131,240 a year, or $63 an hour at a full-time job.

Is Gig Harbor cheap or expensive?

Gig Harbor is rated Expensive: rent takes 30.8% of the typical household income of $127,689. It ranks 188th cheapest of 192 Washington cities we track.

How much are property taxes in Gig Harbor?

The median homeowner in Gig Harbor pays $5,199 a year in property taxes, about 0.68% of the median home value.

Is Gig Harbor 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 Gig Harbor?

The median home value in Gig Harbor is $767,100, about 6.0 times the typical yearly household income.

12,424 people live in Gig Harbor. Numbers are typical (middle) values.