Cost of Living in Renton

Renton's housing runs $657,750 (median) to $720,080 (average, Zillow-modeled), both down modestly year-over-year, with a real, meaningfully high overall rent of $2,270/month (16% above the national average) -- layered with no state income tax and a 10.5% combined sales tax.

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Housing: a real, disclosed median-vs-average gap

Renton's median home price ran $657,750 (down 0.12% year-over-year), while Zillow's average (mean) home value ran meaningfully higher at $720,080 -- but declining faster, down 5.4% year-over-year. Both figures are disclosed rather than reconciled to one number, reflecting a real methodology gap between median and mean.

Rent: genuinely high relative to the national average

Renton's overall average rent ran $2,270/month as of June 2026 -- 16% above the national average, meaningfully higher than several other Washington markets covered in this dataset. Rental houses ran a considerably higher median ($3,299) than apartments ($2,104).

Washington's no income tax and Renton's 10.5% combined sales tax

Washington levies no state personal income tax (see taxes for the statewide capital gains excise tax nuance). Renton's own combined sales tax runs 10.5% -- among the higher rates in this Washington build, comparable to Tacoma's.

Property tax: King County's countywide rate applies

Renton sits in King County and shares the countywide average effective property tax rate of approximately 0.83% -- the highest of Washington's 39 counties, driven by the county's elevated home values.

Key takeaways

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Last reviewed: 2026-08-25. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.