States › Washington › Prairie Ridge

Is Prairie Ridge, WA expensive to live in?

OKRent takes 20 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,08319% higher than U.S. average
💵 Families earn per year (2026)$123,333about $10,278/month · 42% higher than U.S. average
🔑 House price$462,00039% higher than U.S. average

Rent is higher than in 73% of U.S. cities. A typical house costs about 3.7 years of household income. Commutes are long, about 36.4 minutes each way. Most homes (88.3%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $83,320 a year. That is $40 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 106 of 192 cities from cheapest to most expensive.

Prairie Ridge
$2,083
$3,062
$1,682
$2,605

How much do households earn in Prairie Ridge?

Under $25k
3.2%
$25k–50k
14.5%
$50k–100k
37.4%
$100k–150k
27.6%
$150k+
15.4%

Share of households by yearly income. 43.0% of households earn $100,000 or more.

Rent by apartment size in Prairie Ridge

SizePrairie RidgeU.S. average
2 bedrooms$1,889$1,509
3 bedrooms$2,103$1,698
4 bedrooms$3,229$2,098

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

How expensive is Prairie Ridge 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 Prairie Ridge, so the Washington figure is shown.

Taxes and bills in Prairie Ridge

🏛️ Property tax$3,825a year · 0.83% of home value · U.S. $3,119
⚡ Electric bill$181a month (typical) · U.S. $156

Life in Prairie Ridge

Commute to work36.4 minU.S.: 26.4 min
College degree14.3%U.S.: 35.7%
Own their home88.3%U.S.: 65.2%
Below poverty line3.7%U.S.: 12.5%
Unemployment5.8%U.S.: 5.2%

Is it cheaper to rent or buy in Prairie Ridge?

Renting is cheaper right now: about $1,123 a month less.

Renting
$2,083
Owning
$3,206

Owning assumes a typical $462,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $46,200 for the down payment.

Frequently asked questions

What is the average rent in Prairie Ridge, WA?

Renting in Prairie Ridge costs a median of about $2,083 a month in 2026, including utilities. The Washington median is $2,025.

How much do I need to make to live in Prairie Ridge?

To keep rent under 30% of income, you need about $83,320 a year, or $40 an hour at a full-time job.

Is Prairie Ridge cheap or expensive?

Prairie Ridge is rated OK: rent takes 20.3% of the typical household income of $123,333. It ranks 106th cheapest of 192 Washington cities we track.

How much are property taxes in Prairie Ridge?

The median homeowner in Prairie Ridge pays $3,825 a year in property taxes, about 0.83% of the median home value.

Is Prairie Ridge 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 Prairie Ridge?

The median home value in Prairie Ridge is $462,000, about 3.7 times the typical yearly household income.

12,074 people live in Prairie Ridge. Numbers are typical (middle) values.