Housing & Real Estate — Redmond, Washington
Overview
| Total Housing Units | 33,884 |
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| Occupied | 31,997 |
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| Vacant | 1,887 |
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| Owner-Occupied | 14,457 |
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| Renter-Occupied | 17,540 |
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| Median Home Value (Census) | $1,167,800 |
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| Estimated 2026 | ~$1,368,000 |
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| Median Rent | $2,343/mo |
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| Median Property Tax | $8,711/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | very expensive |
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| Rent as % of Income | 17.3% |
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| Severely Rent-Burdened | 27.5% |
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Housing Age
| Built 2010 or later | 9,473 |
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| Built 2000-2009 | 4,698 |
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| Built 1990-1999 | 4,872 |
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| Built before 1960 | 871 |
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| Median Year Built | 1991 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
