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Renton

Learn about the people, housing, costs and businesses in Renton, Washington

Median Home$672,795
Median Rent$2,192/month
Population105,322
Leading IndustriesProfessional Services · Healthcare · Arts, Food & Hospitality3% professional services
Home Value Growth⬆⬆+12.0% over 2 years
Young Adults35% of residentswell above average
Homeowners55% of occupied units
NotableAmenity Score76/100 · highly walkable area
NotableHigh Incomes$110k/year · top 12% nationally
Renton
WA

Frequently Asked Questions

What are today's mortgage rates in Renton?

As of today, the 30-year fixed mortgage rate for Renton is approximately 6.817% (6.850% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Renton?

The median home value in Renton is $673k. The median monthly rent is $2,192. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Renton?

Home values in Renton have increased 12.0% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Renton?

Based on a typical all-in ownership cost of $2,178/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $93k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Renton is $110k/year.

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What industries drive the economy in Renton?

The largest employment sectors in Renton are public administration (19%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.