Market Summary

Redmond, King County, WA

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Median Home Price Price

$1,348,231 $1.3M

Median Monthly Rent Rent

$2,905 $2.9K

GRM

39.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within King County

Region Price Rent GRM Display
$1,342,031 $3,068 36.0x
$1,593,839 $3,654 36.0x
$1,450,362 $3,346 36.0x
$1,222,507 $2,950 35.0x
$1,112,983 $3,021 31.0x
$885,280 $1,929 38.0x
$999,346 $2,232 37.0x
$1,347,342 $2,269 49.0x
$861,902 $2,067 35.0x
$1,159,073 $2,386 40.0x
$1,007,493 $2,336 36.0x
$1,092,791 $3,435 26.0x
$995,152 $2,163 38.0x

Home prices

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Monthly rent

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GRM

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Similar markets within WA outside of King County

Region Price Rent GRM Display
$1,036,341 $2,834 30.0x
$963,492 $2,293 35.0x
$908,801 $2,062 37.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of WA

Region Price Rent GRM Display
$1,126,524 $2,903 32.0x
$775,222 $3,095 21.0x
$370,138 $3,095 10.0x
$1,440,065 $3,195 37.0x
$744,211 $2,746 22.0x
$755,563 $2,598 24.0x
$477,618 $2,708 15.0x
$1,358,935 $3,734 30.0x
$1,501,060 $3,540 35.0x
$1,599,784 $3,784 35.0x
$1,806,693 $3,100 49.0x
$1,351,602 $4,354 26.0x
$1,337,277 $2,833 39.0x
$825,305 $2,629 26.0x
$1,091,040 $2,988 30.0x
$682,975 $2,846 20.0x
$720,977 $2,761 22.0x
$1,850,717 $4,112 38.0x
$981,909 $3,590 23.0x
$721,278 $3,126 19.0x
$886,104 $1,532 48.0x
$1,073,300 $3,006 30.0x
$409,860 $2,785 12.0x
$1,156,882 $3,013 32.0x
$664,703 $3,055 18.0x
$1,598,468 $3,699 36.0x

Home prices

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Monthly rent

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GRM

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Redmond

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Trend Insights

Median Rent in Redmond, WA is $2,905, with MoM change +$27 and YoY change +$182 pointing to positive momentum while volatility is low (std $43).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Redmond, WA.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Redmond, WA
Compare market Select a market
Delta vs base
Median rent
$2,905
N/A
Median price
$1,348,231
N/A
YoY change
+$182
N/A
Price-to-rent
38.7x
Data unavailable
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