Redmond, WA has a population of 60,712, while the median age is 34. The household income in Redmond, WA is around $115,300. The homeownership rate among the residents is 51%. The median residential property value in Redmond, WA that you should keep in mind is $579,400.
Population | 60,712 |
Median Age | 34.4 |
Poverty Rate | 6% |
Household Income | $115,300 |
Number Of Employees | 32,947 |
Median Property Value | $579,400 |
Rent Price | Jan | vs Last Month |
---|---|---|
Studio apartments | $2,053 | +12.6% |
1-bed apartments | $2,200 | -3.6% |
2-bed apartments | $3,152 | +5.5% |
3-bed apartments | $3,385 | -13.2% |
4+ bed apartments | $15,082 | -13.8% |
Over the Jan 2023, the average rent for an apartment in/near Redmond, WA increased by 0.3% to $3,846.
Compared to the last month, the average price for a rental studio in Redmond, WA has increased by 12.6%. You can expect to rent the studio for $2,053 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 3.6% to $2,200. Pricing for 2-bed apartment also increased by 5.5% and a place of this size will now cost you $3,152. 3-bed apartment rent pricing starts at $3,385, it decreased by 13.2% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 13.8% and made it down to $15,082.
Rent Type Price | Jan | vs Last Month |
---|---|---|
Rooms for rent | $1,450 | -9.4% |
Apartments for rent | $2,414 | -4.3% |
Townhouses for rent | $17,500 | +0% |
The median rent for an apartment in Redmond, WA decreased by 4.3% to $2,414. The median rent for a house is still $2,100 with no significant changes this month. An average room will now go for $1,450, the median rent price for a room decreased by 9.4%. Townhouse rent pricing didn’t change, the price still starts at $17,500.