Rent here is among the highest 10% in the country. A typical house costs about 5.7 years of household income. Most households rent (56%), so there are plenty of rental options.
How much money do I need?
To rent here comfortably, you should earn about $109,800 a year. That is $53 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 168 of 192 cities from cheapest to most expensive.
How much do households earn in North Lynnwood?
Share of households by yearly income. 38.5% of households earn $100,000 or more.
Rent by apartment size in North Lynnwood
| Size | North Lynnwood | U.S. average |
|---|---|---|
| Studio | $1,818 | $1,338 |
| 1 bedroom | $2,003 | $1,324 |
| 2 bedrooms | $2,349 | $1,509 |
| 3 bedrooms | $2,751 | $1,698 |
| 4 bedrooms | $3,404 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is North Lynnwood overall?
Everyday prices in Washington overall are 7% above the U.S. average (index 107.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for North Lynnwood, so the Washington figure is shown.
Taxes and bills in North Lynnwood
Life in North Lynnwood
Is it cheaper to rent or buy in North Lynnwood?
Renting is cheaper right now: about $1,532 a month less.
Owning assumes a typical $616,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $61,640 for the down payment.
Frequently asked questions
What is the average rent in North Lynnwood, WA?
Renting in North Lynnwood costs a median of about $2,745 a month in 2026, including utilities. The Washington median is $2,025.
How much do I need to make to live in North Lynnwood?
To keep rent under 30% of income, you need about $109,800 a year, or $53 an hour at a full-time job.
Is North Lynnwood cheap or expensive?
North Lynnwood is rated Expensive: rent takes 30.2% of the typical household income of $109,023. It ranks 168th cheapest of 192 Washington cities we track.
How much are property taxes in North Lynnwood?
The median homeowner in North Lynnwood pays $4,812 a year in property taxes, about 0.78% of the median home value.
Is North Lynnwood 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 North Lynnwood?
The median home value in North Lynnwood is $616,400, about 5.7 times the typical yearly household income.
23,339 people live in North Lynnwood. Numbers are typical (middle) values.