Cost of Living in Renton, WA
Population: 105,279 • 2026 Data
$96,626
Median Household Income
+25% vs national
$1,923
Median Monthly Rent
+43% vs national
$631,400
Median Home Value
+86% vs national
4.4%
Unemployment Rate
Housing in Renton
The median home value in Renton, WA is $631,400. Monthly rent for a typical unit averages $1,923, while total monthly housing costs (including utilities and insurance) average $1,976.
Rent-to-income ratio: 23.9%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Renton, WA is $96,626. The unemployment rate stands at 4.4%, with a labor force of 60,537 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.