East Renton Highlands, WA

Very High · 202

Washington · Population 12,241 · Updated March 2026

$2,697
Median Rent / Month
$140,048
Median Income
$709,300
Median Home Value
$2,673
Owner Costs / Month

Affordability

How far your income goes in East Renton Highlands

23.1%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Washington

State-level tax rates that affect your costs

0%
Income Tax (Top Rate)
6.5%
Sales Tax
0.92%
Property Tax Rate

Estimated Annual Costs

$32,364
Annual Rent
$0
State Income Tax
$6,526
Property Tax (est.)

Cost of Living Overview

East Renton Highlands has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 202 (where 100 equals the national median), East Renton Highlands residents can expect to pay median rent of $2,697/month while earning a median household income of $140,048/year.

The median home value in East Renton Highlands, WA is $709,300, with typical monthly owner costs around $2,673 including mortgage, insurance, and taxes. The median rent-to-income ratio of 23.1% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Washington has no state income tax, which can represent significant savings compared to high-tax states. Combined with a 6.5% sales tax rate and 0.92% effective property tax rate, the overall tax environment helps keep costs manageable in East Renton Highlands.

Frequently Asked Questions

Common questions about living costs in East Renton Highlands

What is the cost of living in East Renton Highlands, WA?
The cost of living index in East Renton Highlands, WA is 202 (US average = 100). Median monthly rent is $2,697, median household income is $140,048/year, and the median home value is $709,300.
Is East Renton Highlands, WA affordable?
No, East Renton Highlands is more expensive than the national average with a cost index of 202. The rent-to-income ratio is 23.1%—below the 30%% threshold considered affordable by HUD.
What is the average rent in East Renton Highlands, WA?
The median gross rent in East Renton Highlands, WA is $2,697 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $32,364.
What is the median household income in East Renton Highlands?
The median household income in East Renton Highlands, WA is $140,048 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Washington?
Washington has a top income tax rate of 0%, a sales tax of 6.5%, and an effective property tax rate of 0.92%. Notably, there is no state income tax.