Covington, King County, WA Housing Trends, Rent, Price-to-Rent

Market Summary

Covington, King County, WA

Median Home Price Price

$662,603 $662.6K

Median Monthly Rent Rent

$2,221 $2.2K

GRM

25.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Covington, WA is $2,221, with MoM change +$13 and YoY change +$52 pointing to positive momentum while volatility is low (std $11).

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Metric

Base market Covington, WA

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Delta vs base

Median rent

$2,221

N/A

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Median price

$662,603

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YoY change

+$52

N/A

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Price-to-rent

24.9x

Data unavailable

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