2026 Affordability Data
Most Affordable Neighborhoods in Mountlake Terrace - 2026 Data
The median home value in Mountlake Terrace is $561,100, 99% above nat'l avg. Median rent is $2,707/month. With an affordability index of 94, Mountlake Terrace is less affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Mountlake Terrace, WA area.
Key Takeaways: Affordability in Mountlake Terrace
- 1The most affordable neighborhood in Mountlake Terrace is Toppenish, with a median home value of $194,600.
- 2Mountlake Terrace's median home value is $561,100, 99% above nat'l avg (national: $281,900).
- 3Mountlake Terrace's affordability index is 94 (baseline 100), making it less affordable than the national average.
- 4Median rent in Mountlake Terrace is $2,707/month, 133% above nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Mountlake Terrace to find the most affordable areas based on home values, rent, and affordability index.
Mountlake Terrace Affordability Overview
Median Home Value
$561,100
99% above nat'l avg
Median Rent
$2,707/mo
133% above nat'l avg
Median Income
$96,104
29% above nat'l avg
Affordability Index
94
6% below nat'l avg
Most Affordable Neighborhoods in Mountlake Terrace (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | ToppenishWA | $194,600 |
| 2 | Liberty LakeWA | $437,500 |
| 3 | Lake Forest ParkWA | $874,200 |
| 4 | SammamishWA | $1,139,100 |
| 5 | FerndaleWA | $429,000 |
| 6 | RichlandWA | $365,800 |
| 7 | MarysvilleWA | $456,600 |
| 8 | KennewickWA | $318,400 |
| 9 | East WenatcheeWA | $374,000 |
| 10 | BellevueWA | $1,139,500 |
| 11 | KentWA | $478,400 |
| 12 | RentonWA | $576,800 |
| 13 | LakewoodWA | $406,500 |
| 14 | Spokane ValleyWA | $307,700 |
| 15 | KelsoWA | $260,000 |
Detailed Neighborhood Profiles
Home Value: $194,600
Rent: $2,165/mo
Affordability: 96
Population: 8,820
Walk Score: 0/100
Home Value: $437,500
Rent: $2,707/mo
Affordability: 94
Population: 12,026
Walk Score: 0/100
Home Value: $874,200
Rent: $2,707/mo
Affordability: 94
Population: 13,462
Walk Score: 0/100
4
Home Value: $1,139,100
Rent: $2,707/mo
Affordability: 94
Population: 66,586
Walk Score: 0/100
5
Home Value: $429,000
Rent: $2,707/mo
Affordability: 94
Population: 15,130
Walk Score: 0/100
6
Home Value: $365,800
Rent: $2,707/mo
Affordability: 94
Population: 60,867
Walk Score: 0/100
7
Home Value: $456,600
Rent: $2,707/mo
Affordability: 94
Population: 70,847
Walk Score: 0/100
8
Home Value: $318,400
Rent: $2,707/mo
Affordability: 94
Population: 83,823
Walk Score: 0/100
9
Home Value: $374,000
Rent: $2,707/mo
Affordability: 94
Population: 14,065
Walk Score: 0/100
10
Home Value: $1,139,500
Rent: $2,707/mo
Affordability: 94
Population: 150,606
Walk Score: 0/100
11
Home Value: $478,400
Rent: $2,707/mo
Affordability: 94
Population: 135,169
Walk Score: 0/100
12
Home Value: $576,800
Rent: $2,707/mo
Affordability: 94
Population: 105,355
Walk Score: 0/100
13
Home Value: $406,500
Rent: $2,707/mo
Affordability: 94
Population: 63,142
Walk Score: 0/100
14
Home Value: $307,700
Rent: $2,707/mo
Affordability: 94
Population: 103,761
Walk Score: 0/100
15
Home Value: $260,000
Rent: $2,707/mo
Affordability: 94
Population: 12,661
Walk Score: 0/100
Frequently Asked Questions About Affordability in Mountlake Terrace
What is the most affordable neighborhood in Mountlake Terrace, WA?▾
Based on 2026 data, Toppenish is the most affordable neighborhood in Mountlake Terrace with a median home value of $194,600. Kurby analyzed 15 neighborhoods in the Mountlake Terrace area to compile these rankings.
What is the median home price in Mountlake Terrace, WA?▾
The median home price in Mountlake Terrace is $561,100, which is 99% above nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Mountlake Terrace affordable compared to the national average?▾
Mountlake Terrace has an affordability index of 94, which means housing is less affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Mountlake Terrace, WA?▾
The median monthly rent in Mountlake Terrace is $2,707. This is 133% above nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Mountlake Terrace?▾
The median household income in Mountlake Terrace is $96,104 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Mountlake Terrace are below the national average home price?▾
2 out of 15 ranked neighborhoods in Mountlake Terrace have a median home value below the national average of $281,900. The most affordable is Toppenish at $194,600 (Source: Kurby, 2026).