Similar to nearby areas, it is a lot more expensive compared to the entire country. However compared to the city of Seattle, it's a lot less expensive.
Home prices
The median home price in Fairwood is $424,800. It is is very similar in comparison to the surrounding areas.Compared to the entire country it is about $207,300 (95%) higher, and it is roughly $238,300 (35%) lower in comparison to the city of Seattle.
Rents
The median rent in Fairwood is $1,719 per month. Compared to its surrounding areas this is about $200 (13%) higher.It is about $657 (61%) higher in comparison to the country as a whole, and in comparison to the city of Seattle is roughly $105 (6%) higher.
Nearby places
Renton
Renton is Fairwood's neighbor to the northwest. Real estate prices there are somewhat less expensive. The median home in Renton costs $400,500, which comes out to $24,300 (6%) lower than Fairwood. Rents there are somewhat less expensive. The median monthly rent in Renton is $1,543, which comes out to $176 (11%) lower than Fairwood.
East Renton Highlands
East Renton Highlands is about 2 miles northeast from Fairwood. The real estate prices there are a little more expensive. East Renton Highlands's median home value is $506,600, which comes out to $81,800 (16%) higher than Fairwood. The rent there is a bit more expensive. The median monthly rent in East Renton Highlands is $2,066, which is $347 (16%) higher than Fairwood.
Shadow Lake
Shadow Lake is approximately 3 miles southeast of Fairwood. The housing prices there are a little more expensive. The median home in Shadow Lake is valued at $486,900, which comes out to $62,100 (12%) higher than Fairwood. Rent there is significantly less expensive. In Shadow Lake the median monthly rent is $1,200, which is $519 (43%) lower than Fairwood.
Kent
Kent is approximately 4 miles southwest from Fairwood. Real estate prices there are a little less expensive. The median home in Kent is valued at $346,400, which comes out to $78,400 (22%) lower than Fairwood. Rent there is a bit less expensive. The median monthly rent in Kent is $1,385, which is $334 (24%) lower than Fairwood.
Bryn Mawr-Skyway
Bryn Mawr-Skyway is approximately 4 miles northwest of Fairwood. Real estate prices there are a little less expensive. Bryn Mawr-Skyway's median home cost is $393,800, which works out to $31,000 (7%) lower than Fairwood. Its rents are a little less expensive. Bryn Mawr-Skyway's median rent is $1,402 per month, which is $317 (22%) lower than Fairwood.
