Portage Bay, King County, WA

Median Home Price Price

$1,380,496 $1.4M

Median Monthly Rent Rent

$2,191 $2.2K

53.0x

Market Snapshot

Portage Bay, King County, WA is a neighborhood market with a median home price of $1,380,496, a median monthly rent of $2,191, a GRM of 53.0x, and a price-to-rent ratio of 52.5.

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Home prices

Monthly rent

GRM = home price / annual rent

Portage Bay

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Benchmark comparison

Compare Portage Bay, WA to another market.

Compare to Wallingford, WA
Portage Bay, WA
Wallingford, WA
Delta
Median rent
$2,191
N/A
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Median price
$1,380,496
N/A
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YoY change
+$44
N/A
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Price-to-rent
52.5x
Data unavailable
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Key takeaways

  • Portage Bay, King County, WA has a higher-grm screening profile: At 53.0x 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 $44 year over year.
  • Next discovery step: compare Wallingford, King County, WA from the Same county set.