Alderwood Mall Parkway / Alderwood Mall Boulevard, WA

Rent in Alderwood Mall Parkway / Alderwood Mall Boulevard

Median Gross Rent

$2,205

Rent-to-Income Ratio

29.3%

Renter Share

43.9%

Median Renter Income

$95,694

Avg Household Size

1.8

Median Rent by Bedrooms

Median monthly rent by number of bedrooms. Shows how rent scales with unit size in the area.

No Bedroom: $1,914
1 Bedroom: $2,057
2 Bedrooms: $2,339
3 Bedrooms: $2,291

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Gross Rent Distribution

How monthly rents are spread across the area. Helps you understand the typical rent range and where most units fall.

Under $1,000: 2.0%
$1,000-$1,500: 2.0%
$1,500-$2,000: 27.9%
$2,000-$2,500: 44.2%
$2,500+: 23.9%
No Cash Rent: 0.0%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Rent Burden

Share of renters spending a given portion of their income on rent. Spending 30%+ is considered cost-burdened by HUD standards.

Under 20% (comfortable): 17.1%
20-30% (moderate): 34.6%
30-50% (cost-burdened): 24.7%
50%+ (severely cost-burdened): 20.9%
Not Computed: 2.7%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Renters vs. Owners Median Income

Compares the median income of renter households to owner households in the same area.

Owner Households: $146,979
Renter Households: $95,694

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Contract Rent Distribution

Monthly rent before utilities. Compare with Gross Rent to estimate typical utility costs in the area.

Under $1,000: 3.9%
$1,000-$1,500: 0.0%
$1,500-$2,000: 38.6%
$2,000-$2,500: 44.5%
$2,500+: 13.1%
No Cash Rent: 0.0%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources