Home prices
The median home in Lynnwood costs $395,300. Compared to the surrounding areas it is approximately $24,580 (5%) lower.Compared to the rest of the nation it is approximately $177,800 (81%) higher, and it is about $267,800 (40%) lower compared to the city of Seattle.
Rents
The median monthly rent in Lynnwood is $1,303. In comparison to its nearby areas this is roughly $309 (19%) lower.It is approximately $241 (22%) higher compared to the nation as a whole, and is roughly $311 (19%) lower compared to the city of Seattle.
Nearby places
Alderwood Manor
Alderwood Manor is Lynnwood's neighbor to the southeast. Real estate prices there are a bit more expensive. The price of the median home in Alderwood Manor is $420,400, which is $25,100 (5%) higher than Lynnwood. The rent there is somewhat more expensive. The median rent in Alderwood Manor is $1,678 a month, which comes out to $375 (22%) higher than Lynnwood.
North Lynnwood
North Lynnwood is Lynnwood's neighbor to the northeast. Real estate prices there are a bit less expensive. The median home price in North Lynnwood is $363,700, which comes out to $31,600 (8%) lower than Lynnwood. The rent there is a little more expensive. The median rent in North Lynnwood is $1,683 per month, which is $380 (22%) higher than Lynnwood.
Meadowdale
Meadowdale is Lynnwood's neighbor to the north. The real estate prices there are a little more expensive. The cost of the median home in Meadowdale is $458,300, which works out to $63,000 (13%) higher than Lynnwood. Rent there is a little more expensive. In Meadowdale the median monthly rent is $1,585, which comes out to $282 (17%) higher than Lynnwood.
Mountlake Terrace
Mountlake Terrace is Lynnwood's neighbor to the south. Its real estate prices are pretty similar. The price of the median home in Mountlake Terrace is $392,600, which is very similar to Lynnwood. Rents there are a bit more expensive. The median monthly rent in Mountlake Terrace is $1,464, which works out to $161 (10%) higher than Lynnwood.
Larch Way
Larch Way is approximately 2 miles northeast of Lynnwood. Its housing prices are a little more expensive. The median home price in Larch Way is $464,400, which works out to $69,100 (14%) higher than Lynnwood. The rent there is a little more expensive. In Larch Way the median rent is $1,651 per month, which is $348 (21%) higher than Lynnwood.