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.
|Number Of Employees||32,947|
|Median Property Value||$579,400|
Over the Dec 2022, the average rent for an apartment in/near Redmond, WA increased by 26.1% to $3,835.
Compared to the last month, the average price for a rental studio in Redmond, WA has decreased by 19.6%. You can expect to rent the studio for $1,824 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment increased by 2.3% to $2,283. Pricing for 2-bed apartment also increased by 7.9% and a place of this size will now cost you $2,988. 3-bed apartment rent pricing starts at $3,901, it increased by 25.1% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 30.5% and made it up to $17,500.
The median rent for an apartment in Redmond, WA increased by 3% to $2,522. Statistics show that house rent price decreased by 27% this month making it up to $2,100. If you’re looking for a room, the price tag still starts at $1,600. The median price did not change this time. Townhouse rent pricing didn’t change, the price still starts at $17,500.