Beacon Hill, King County, WA

Median Home Price Price

$721,246 $721.2K

Median Monthly Rent Rent

$1,899 $1.9K

32.0x

Market Snapshot

Beacon Hill, King County, WA is a neighborhood market with a median home price of $721,246, a median monthly rent of $1,899, a GRM of 32.0x, and a price-to-rent ratio of 31.7.

More markets to explore

Nearby alternative Lower GRM Lower price Higher rent
High confidence
Price $592.4K
Rent $2.2K
GRM 22.0x
Explore the data
Region Show
Rainier Beach
$706K $2.2K 27.0x
$810K $2.1K 31.0x
$723K $2.1K 28.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Fairhaven, Whatcom County, WA
$721K $1.9K 32.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

Beacon Hill

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Benchmark comparison

Rent in Beacon Hill, WA is 12.0% lower than Rainier Beach, WA.

Beacon Hill, WA
Rainier Beach, WA
Delta
Median rent
$1,899
$2,159
+$260
Median price
$721,246
$705,666
-$15,580
YoY change
+$59
+$56
-$3
Price-to-rent
31.7x
27.2x
-4.5x

Key takeaways

  • Beacon Hill, King County, WA has a higher-grm screening profile: At 32.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $59 year over year.
  • Rent in Beacon Hill, WA is 12.0% lower than Rainier Beach, WA.