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City · 151,847 residents · King County, Washington

Bellevue , Washington

In Bellevue, a typical home is worth $1,340,300 and typical rent is $2,572 a month. Compared with all of King County, the typical home value is 56% higher and typical household income is 33% higher.

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  • Typical home value

    $1,340,300

    56% above the county

    137% above Washington

    • Bellevue
    • King
    • Washington

  • Typical rent

    $2,572a month

    23% above the county

    46% above Washington

    • Bellevue
    • King
    • Washington

  • Typical household income

    $165,576a year

    33% above the county

    69% above Washington

    • Bellevue
    • King
    • Washington

  • Households that own their home

    52%

    3 points below the county

    12 points below Washington

    • Bellevue
    • King
    • Washington

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$1,386,450
4.4% less than 12 months ago
Typical rent
$2,759 a month
1.6% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Bellevue is in King County. The FHA loan limit ($1,063,750 for a one-unit home), the fair market rents and the help on this page are those of all of King County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Bellevue apart

What this place has that others do not, from public data, most unusual first.

  1. Bellevue has the 3rd highest typical home value of the 191 cities in Washington with more than 5,000 people ($1,340,300).

  2. Nearby, in Issaquah, the typical home value is $963,000: 28% less than in Bellevue ($1,340,300).

  3. The typical household income in Bellevue is $165,576, 33% more than in King County as a whole ($124,746).

  4. Bellevue has the 10th smallest share of rent-burdened renters of the 172 cities in Washington with more than 5,000 people (36%).

  5. Bellevue has the 11th highest typical rent of the 190 cities in Washington with more than 5,000 people ($2,572).

  6. According to Zillow, in the 12 months to September 2026 the typical home value in Bellevue fell 4.4%; in Washington, it fell 0.5%.

Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data

The homes here

Housing in Bellevue

What homes there are in Bellevue, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

In Bellevue there is a bit of everything: no kind of home reaches half. The most common are detached houses (46%); in King County, 50%.

Year built

The typical year built in Bellevue is 1982, about the same as in King County (1983).

Much as in King County, 51% of homes in Bellevue have 3 bedrooms or more.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

The FHA limit for King County is high ($1,063,750): at least 27% of owner-occupied homes in Bellevue are worth less than $1,000,000.

Monthly rent with utilities

About 49% of rented homes in Bellevue cost less than HUD's 2-bedroom fair market rent for King County ($2,549); the rest cost more.

With a mortgage

$4,000 or more a month

King County: $3,273 a month

Without a mortgage

$1,382 a month

King County: $1,116 a month

Owners with a mortgage

61%

King County: 70%

With a mortgage, the typical cost of owning in Bellevue is $4,000 or more a month, the highest group the Census publishes. Without one, $1,382.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

Since 2015–2019, homes in Bellevue gained value faster than in King County: 66% against 57%.

The typical rent in Bellevue rose 32% since 2015–2019, about the same as in King County (30%).

The typical household income in Bellevue rose 38% over that time; home values changed +66% and rent +32%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureBellevueKing CountyWashingtonUnited States
Rental vacancy 6.2%5.3%4.5%5.5%
Homeowner vacancy Unreliable estimate0.7%0.7%0.9%
More than one person per room 4.4%3.9%3.5%3.4%
People per household 2.422.392.502.53
Drive alone 46%50%63%69%
Carpool 7%7%9%9%
Public transit 5%7%3%3%
Walk or bike 5%5%4%3%
Work from home 36%29%20%15%
Other means 2%1%1%2%
Typical commute 20 to 29 minutes20 to 29 minutes20 to 29 minutes20 to 29 minutes

In Bellevue, the rental vacancy rate is 6.2%, about the same as in King County.

In Bellevue, 4.4% of households live with more than one person per room, about the same as in King County.

Much as in King County, a household in Bellevue has 2.42 people on average.

Working from home is more common in Bellevue: 36%, against 29% in King County.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Bellevue?

A typical home costs more than the typical income allows

We start with a typical home in Bellevue, worth $1,340,300, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 80% of the typical household income in Bellevue, which is $165,576 a year. For that payment to be 28% of income, a household would need to earn about $474,166 a year. Note: at that price the loan is above the FHA limit for King County ($1,063,750), so FHA would not insure it; the payment is only a reference.

The calculator's FHA and conventional loan limits are those of all of King County.

Your numbers

Local data
$

Starts at the typical home value in Bellevue. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $46,911 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$11,064

at 7.18% · 30 years

Loan amount
$1,316,023
Total interest
$1,893,449
Paid off in
November 2056

Includes $22,634 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $3,863 a month

  • Tight

    $3,863 to $4,967 a month

  • Hard

    more than $4,967 a month

    Your payment · 80%

Compared with the typical household income in Bellevue ($165,576 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$11,064
Principal & interest$8,915
Property tax$782
Home insurance$559
FHA mortgage insurance (MIP)$808

This loan is over the FHA limit

You'd borrow $1,293,389, but the FHA limit for a one-unit home in Bellevue is $1,063,750. You'd need a bigger down payment or a different loan.

You need at least $46,911 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Bellevue and King County

Bellevue is in King County, Washington. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Bellevue's own numbers

Typical home value
$1,340,300
Typical monthly rent
$2,572
Typical yearly household income
$165,576
Households that own their home
52%
Effective property tax rate
0.7%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of King County

FHA limit, one-unit home
$1,063,750
Conventional limit, one unit
$1,063,750
HUD fair market rent, 2 bedrooms
$2,549
Price change over 5 years (FHFA)
+37%
Homes in a high flood-risk zone
1%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of King County.

Everything about King County

Buying

Buying a home in Bellevue

A typical home in Bellevue is worth $1,340,300: 56% above the county and 137% above Washington. With the typical household income in Bellevue ($165,576 a year), a typical home costs 8.1 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Bellevue 8.1 years
  • King 6.9 years
  • Washington 5.8 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in King County

According to FHFA’s house price index, home prices in King County rose 101% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of King County.

Period County Washington U.S.
Last year (2025) +0.9% +1.8% +2.9%
5 years (2020–2025) +37% +44% +47%
10 years (2015–2025) +101% +113% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Bellevue next to King County, Washington and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Bellevue $1,340,300
  • King $859,900
  • Washington $564,600
  • United States $332,700
Typical monthly rent
  • Bellevue $2,572
  • King $2,092
  • Washington $1,760
  • United States $1,413
Typical yearly household income
  • Bellevue $165,576
  • King $124,746
  • Washington $98,141
  • United States $80,734
See the full table
Bellevue next to King County and Washington
Measure Bellevue King County Washington U.S.
Typical home value $1,340,300 $859,900 $564,600 $332,700
Typical monthly rent $2,572 $2,092 $1,760 $1,413
Typical yearly household income $165,576 $124,746 $98,141 $80,734
Households that own their home 52% 55% 64% 65%
Typical yearly property tax $9,423 $7,114 $4,556 $3,119
Effective property tax rate 0.7% 0.83% 0.81% 0.94%
Renters with high rent for their income 36% 47% 50% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below King County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Bellevue

For a typical $1,340,300 home in Bellevue, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Bellevue's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $11,064a month

    Above the FHA limit for King County ($1,063,750)
    Down payment
    $46,911
    Cash to close
    $87,120
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $808

  • Conventional, 5% down $10,603a month

    Above the conventional limit for King County ($1,063,750): it would be a "jumbo" loan
    Down payment
    $67,015
    Cash to close
    $107,224
    Rate
    7.18%
    Mortgage insurance
    PMI · $637

  • Conventional, 20% down, no PMI $8,604a month

    Above the conventional limit for King County ($1,063,750): it would be a "jumbo" loan
    Down payment
    $268,060
    Cash to close
    $308,269
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $9,843a month

    Down payment
    $201,045
    Cash to close
    $241,254
    Rate
    8.18%
    Mortgage insurance
    None
  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Bellevue and for King County.

Property tax

Effective rate in Bellevue

0.7%of the home’s value each year

$9,423 a year for the typical owner in Bellevue.

  • Bellevue 0.7%
  • King 0.83%
  • Washington 0.81%

What Washington publishes Exemption for people 61 and older or with disabilities (Washington State Department of Revenue)

Exemptions and deadlines in Washington

Flood risk in King County

FEMA does not publish these numbers by city: they are for all of King County.

Homes in the high-risk zone
1%
5,797
Of those, with NFIP insurance
44%
County Washington U.S.
Homes in the high-risk zone 1% 1.6% 3.5%
Of those, with NFIP insurance 44% 40% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Bellevue

Typical rent in Bellevue is $2,572 a month: 23% above the county. In Bellevue, 36% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of King County, by unit size. To pay the 2-bedroom one ($2,549 a month) without spending more than 30% of your income, you would need to earn $49.02 an hour working full time.

HUD fair market rent for all of King County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $2,091 $40.21 $83,640
1 bedroom $2,180 $41.92 $87,200
2 bedrooms $2,549 $49.02 $101,960
3 bedrooms $3,324 $63.92 $132,960
4 bedrooms $3,954 $76.04 $158,160

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Bellevue

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Bellevue has 5 ZIP codes with their own.

For 2 bedrooms it runs from $2,950 in 98005 to $3,820 in 98004.

5 of the 5 are above the fair market rent for King County ($2,549).

  • 98004 $3,820$4,980
  • 98005 $2,950$3,850
  • 98006 $3,560$4,640
  • 98007 $3,030$3,950
  • 98008 $3,270$4,260

2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Bellevue when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Bellevue

HUD lists 16 buildings with rents for lower incomes in Bellevue. These are the largest.

  • Highland Village Somerset Gardens 14500 NE 29th Pl, Bellevue 98007 286 homes, 283 low-income · 1 bd: 144 · 2 bd: 95 · 3 bd: 47 · In service since 2018 · For people with disabilities, families
  • Cascadian Apartments 15517 NE 12th St, Bellevue 98007 198 homes, 195 low-income · 1 bd: 84 · 2 bd: 114 · In service since 1996
  • Spiritwood Manor 1424 148th Ave SE, Bellevue 98007 128 homes, 126 low-income · 1 bd: 12 · 2 bd: 61 · 3 bd: 55 · In service since 2016 · For families
  • Somerset Gardens West 14500 NE 29th Pl, Bellevue 98007 108 homes, 107 low-income · 1 bd: 99 · 2 bd: 9 · In service since 2000
  • College Place 14717 NE 6th Pl, Bellevue 98007 101 low-income homes · Run by Ha of King County · Average payment: $673 a month (206) 574-1100

See all 601 buildings in King County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Bellevue

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 4 HUD-approved agencies with an office in King County; 3 say they serve in Spanish.

A grandmother smiles, seated at home.

HUD counseling is free or low-cost

Assistance programs in Bellevue

No down payment, repair or rent-help program on our list is for Bellevue or King County. The ones below are statewide in Washington: they work in Bellevue the same as in the rest of the state.

Which programs do I qualify for? All programs in Washington

  • Home Advantage Downpayment Assistance

    Statewide in Washington

    Washington state commission 0% second mortgage for 3%, 4% or 5% of the first mortgage, with no monthly payments; you do not need to be a first-time buyer. Offered by Washington State Housing Finance Commission.

    Deferred

    See the program Official page

  • Covenant Homeownership Program

    Statewide in Washington

    Washington state commission loan with no monthly payments of up to 20% of the price (maximum $150,000) plus closing costs, for first-time buyers whose family lived in Washington before 1968 and belonged to a group affected by housing discrimination, including Hispanic people. Offered by Washington State Housing Finance Commission.

    Deferred

    See the program Official page

  • House Key Opportunity DPA

    Statewide in Washington

    Washington state commission loan of up to $15,000 at 1% simple interest, with no monthly payments, for the down payment and closing costs of first-time buyers with the House Key Opportunity mortgage. Offered by Washington State Housing Finance Commission.

    Deferred

    See the program Official page

Housing counselors near Bellevue

The HUD-approved agencies closest to the center of Bellevue, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Homesight

    4219 S Othello St Ste 130B, Seattle · 7 miles away · Spanish

    Also serves in Vietnamese.

    • Pre-purchase counseling
    • Homebuyer education workshops
    (206) 760-4205

  • El Centro de la Raza

    2524 16th Ave S, Seattle · 7 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 2 more
    (206) 957-4634

  • Urban League of Metropolitan Seattle

    105 14th Ave Ste 200, Seattle · 7 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 11 more
    (206) 461-3792

Every agency in King County All counseling agencies in Washington

Help in Spanish near Bellevue

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Bellevue

HUD’s record names them for Bellevue or King County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Ha of King County Public housing and Section 8 vouchers (206) 574-1100

2 other authorities have an office in King County: see the list Source: HUD

Cities

Other cities in King County

These cities are also in King County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about King County Housing in Washington
See 28 more cities in King County, with prices and rents

Every city has its own page with prices, rents and help.

Nearby cities

The cities closest to Bellevue, with the typical home value.

Neighboring counties

If King County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Bellevue.

All guides
A mother holds her laughing daughter on a grey sofa.

Questions

Housing questions about Bellevue

Short answers with the numbers for Bellevue and all of King County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Bellevue?

The typical home value in Bellevue is $1,340,300, according to the U.S. Census Bureau (average 2020–2024). For comparison, in King County it is $859,900.

How much does it cost to rent in Bellevue?

Typical rent in Bellevue is $2,572 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in King County is $2,549.

What is the FHA loan limit in Bellevue?

Bellevue uses the FHA limit for all of King County (2026): $1,063,750 for a one-unit home and $2,045,700 for a four-unit home.

How much property tax do owners pay in Bellevue?

The typical homeowner in Bellevue pays $9,423 a year, according to the U.S. Census Bureau. That is 0.7% of the home’s value; in King County, the rate is 0.83%.

Where can I find free help to buy or rent in Bellevue?

There are 4 HUD-approved counseling agencies with an office in King County. 3 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).