Median home value: $661K (-2.6% YoY). Rent: $2,347/mo. Price-to-rent: 23.5x. Part of Seattle-Tacoma-Bellevue, WA.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Seattle-Tacoma-Bellevue, WA metro page.
Home Value$660,760
-2.6%
Rent$2,347/mo
AFFORDABILITYRenting $1,479/mo cheaper ($2,347 rent)6.00% 30yr, 20% down, county tax + WA ins. 28% per HUD.
Enter your income for Covington.
$132,152 on $660,760
Out of reach — 61.2% of income
Need $163,971/yr to afford.
PITI$3,826
P/I61.2%
Afford$302K
Gap-$359K
P&I $3,169Tax $540Ins $117
Home Buying Kit For Dummies (2025)Financing, negotiation, closing