As Seattle’s Cost of Living Climbs, Find Affordable Living in These Neighborhoods
Having Trouble Finding Affordable Housing In Seattle? You Aren’t Alone
It isn’t news that the cost of living is high in Seattle. Coming in as the 8th most expensive market in the country for the month of May, Seattle can feel like an intimidating city to move to. Complicating matters further, the Urban Land Institute named Seattle one of the fastest growing cities in the U.S. In addition to Seattle’s central location for the tech industry, it boasts scenic views of Mount Rainier and the Puget Sound — and all of these factors boost the price of rent and homes in the region.
Zumper analysis details the cost of rent in Seattle by region, with Pike Place, Belltown, and Pioneer Square coming in as some of the highest rents in the city, reaching as high as $2,185 for a one-bedroom apartment.
Despite the overall high cost of living in Seattle, it is possible to find affordable rent in the city. The key is to find a balance among factors like accessibility, amenities, and price. This list can serve as a place to start, detailing the most affordable neighborhoods in Seattle.
From here, take some time to think about the pros and cons of living farther from work, and paying more for a certain location or a bit more land. Keep in mind that spring and summer are often the best times to look for a house.
1) Puget Ridge
Nestled in West Seattle just south of the West Seattle Bridge, this charmingly wooded neighborhood offers one of the best communities in Seattle. With community gardens, parks, and other projects being carried out by members of the neighborhood, it’s a great option for families looking to buy a home on a budget.
Conveniently located for an easy commute into downtown Seattle, it’s perfect for folks who are working in the city but not interested in paying for overpriced apartments.
2) Upper Rainier Beach
Upper Rainier Beach is one of the best bang for your buck options, according to an article for Seattle Magazine. With dozens of remodeled homes, views of Lake Washington, waterfront amenities, and friendly neighbors, Upper Rainier Beach is perfect for those looking for a beachfront house in the $400,000 range.
The neighborhood is about a 20 minute drive from downtown Seattle, so it will work best for people who don’t mind a bit of a rush hour commute.
Located in northeast Seattle, Kenmore is another great neighborhood to find lakefront real estate in the $400,000 range. Home to the Saint Edward State Park and with access to the King County Bike Trail, Kenmore is a great place to settle for families who are looking for suburban quietude and many outdoor activities.
With tons of great schools in the Northshore district, Kenmore is home to many of Seattle’s techies who appreciate a more family friendly neighborhood.
4) South Newcastle
South Newcastle is a popular neighborhood for young people who value affordability and a larger piece of property. While the homes in this neighborhood are a bit older, dating back to mid century, they boast proximity to Lake Boren Park and other community events like Newcastle Days.
The average commute time for people living in South Newcastle is about 26 minutes, with easy accessibility to the 90 and the 405.
Redmond is a great neighborhood for families in the tech industry due to its proximity to Amazon, Microsoft, Monolith, and Valve. Public transportation is convenient, as the 545 bus going directly to downtown Seattle.
The Secret to Finding Affordable Housing Is Knowing Where to Look
Despite the high cost of living in many U.S. cities, including Seattle, it is possible to find affordable housing in safe neighborhoods. The most important thing is to know what you want, and know what you are willing to sacrifice in order to get the best deal.
For more information, check out our post that deals with thinking about location versus budget when looking for a home, and feel free to contact one of our local professionals when you’re ready for the next step. Happy home hunting!
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