City · 40,110 residents · Snohomish County, Washington
Lynnwood, Washington
In Lynnwood, a typical home is worth $686,900 and typical rent is $1,742 a month. Compared with all of Snohomish County, typical household income is 30% lower, typical rent is 11% lower, and the share of households that own their home is 17 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $652,157 to $738,763.
Typical rent
$2,122a month
▲ 1.9% more than 12 months ago
Typical rent from Zillow, September 2021 to September 2026: from $1,804 to $2,122.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Lynnwood is in Snohomish 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 Snohomish County. See the county
What this place has that others do not, from public data, most unusual first.
1
51% of households in Lynnwood own their home, against 68% in Snohomish County.
2
The typical household income in Lynnwood is $77,704,30% less than in Snohomish County as a whole ($111,246).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Lynnwood
What homes there are in Lynnwood, 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
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Lynnwood
Snohomish County
Washington
United States
Kind of home: Lynnwood and its comparisons
Measure
Lynnwood
Snohomish County
Washington
United States
Detached house
46%
64%
62%
61%
Attached house
3%
5%
4%
6%
Building of 2 to 4
10%
6%
6%
8%
Apartments (5 or more)
38%
21%
22%
19%
Mobile home
3%
5%
6%
6%
Boat, RV and other
Unreliable estimate
0%
0%
0%
No kind of home is the majority in Lynnwood; the largest group, detached houses, adds up to 46%, less than in Snohomish County (64%).
Year built
Before 19601960–19791980–19992000–20092010 or later
Lynnwood
Snohomish County
Washington
United States
Year built: Lynnwood and its comparisons
Measure
Lynnwood
Snohomish County
Washington
United States
Before 1960
13%
12%
21%
26%
1960–1979
40%
23%
23%
24%
1980–1999
27%
33%
27%
25%
2000–2009
9%
18%
15%
14%
2010 or later
12%
15%
14%
11%
In Lynnwood, half of the homes were built before 1979; in Snohomish County, before 1990.
Homes in Lynnwood are smaller: 46% have 3 bedrooms or more; in Snohomish County, 66%.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100K5%
$100K–$200KUnreliable
$200K–$300K5%
$300K–$500K14%
$500K–$750K33%
$750K–$1M32%
$1M or more10%
Value of owner-occupied homes: Lynnwood and its comparisons
Measure
Lynnwood
Under $100K
5%
$100K–$200K
Unreliable estimate
$200K–$300K
5%
$300K–$500K
14%
$500K–$750K
33%
$750K–$1M
32%
$1M or more
10%
Monthly rent with utilities
Unreliable estimate
Under $5005%
$500–$999Unreliable
$1,000–$1,49923%
$1,500–$1,99932%
$2,000–$2,49922%
$2,500–$2,9996%
$3,000 or moreUnreliable
Monthly rent with utilities: Lynnwood and its comparisons
Measure
Lynnwood
Under $500
5%
$500–$999
Unreliable estimate
$1,000–$1,499
23%
$1,500–$1,999
32%
$2,000–$2,499
22%
$2,500–$2,999
6%
$3,000 or more
Unreliable estimate
With a mortgage
$2,644 a month
Snohomish County: $2,748 a month
Without a mortgage
$843 a month
Snohomish County: $864 a month
Owners with a mortgage
66%
Snohomish County: 72%
The typical cost for an owner with a mortgage in Lynnwood is $2,644 a month, near the figure in Snohomish County ($2,748).
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Lynnwood+74%
Snohomish County+73%
Washington+67%
United States+53%
Typical rent
Lynnwood+34%
Snohomish County+36%
Washington+40%
United States+33%
Typical household income
Lynnwood+22%
Snohomish County+28%
Washington+33%
United States+29%
Change since 2015–2019: Lynnwood and its comparisons
Measure
Lynnwood
Snohomish County
Washington
United States
Typical home value
+74%
+73%
+67%
+53%
Typical rent
+34%
+36%
+40%
+33%
Typical household income
+22%
+28%
+33%
+29%
Much as in Snohomish County, the typical home value in Lynnwood rose 74% since 2015–2019.
Rents in Lynnwood rose at about the same pace as in Snohomish County: 34% since 2015–2019, against 36%.
The typical household income in Lynnwood rose 22%: less than home values (+74%) and rent (+34%).
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Lynnwood and its comparisons
Measure
Lynnwood
Snohomish County
Washington
United States
Rental vacancy
7.4%
4.0%
4.5%
5.5%
Homeowner vacancy
Unreliable estimate
0.5%
0.7%
0.9%
More than one person per room
6.7%
3.7%
3.5%
3.4%
People per household
2.45
2.64
2.50
2.53
Drive alone
64%
65%
63%
69%
Carpool
9%
9%
9%
9%
Public transit
9%
3%
3%
3%
Walk or bike
Unreliable estimate
2%
4%
3%
Work from home
15%
20%
20%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
There is more rental housing open in Lynnwood: 7.4% is empty and offered for rent, against 4.0% in Snohomish County.
More households are short on space in Lynnwood: 6.7% have more than one person per room; in Snohomish County, 3.7%.
Households in Lynnwood are smaller: 2.45 people on average; in Snohomish County, 2.64.
Public transit matters here: 9% of workers take it to work, against 3% in Snohomish County.
Do the math
What would you pay each month for a home in Lynnwood?
A typical home costs more than the typical income allows
We start with a typical home in Lynnwood, worth $686,900, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 86% of the typical household income in Lynnwood, which is $77,704 a year. For that payment to be 28% of income, a household would need to earn about $239,501 a year.
The calculator's FHA and conventional loan limits are those of all of Snohomish County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Lynnwood. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $24,042 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$5,588
at 7.18% · 30 years
Loan amount
$674,458
Total interest
$970,387
Paid off in
November 2056
Includes $11,600 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,813 a month
Tight
$1,813 to $2,331 a month
Hard
more than $2,331 a month
Your payment · 86%
Compared with the typical household income in Lynnwood ($77,704 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$4,569
Property tax
$429
Home insurance
$286
FHA mortgage insurance (MIP)
$304
You need at least $24,042 for the down payment, plus closing costs.
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.
Total monthly payment $5,588; principal and interest $4,569.
The city and its county
Lynnwood and Snohomish County
Lynnwood is in Snohomish 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).
Lynnwood
Map of Snohomish County, Washington, with Lynnwood marked. Around it, the neighboring counties.
Lynnwood
Snohomish County
Other cities with a page
Lynnwood's own numbers
Typical home value
$686,900
Typical monthly rent
$1,742
Typical yearly household income
$77,704
Households that own their home
51%
Effective property tax rate
0.75%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Snohomish 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)
+51%
Homes in a high flood-risk zone
1.9%
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 Snohomish County.
A typical home in Lynnwood is worth $686,900: about the same as the county and 22% above Washington. With the typical household income in Lynnwood ($77,704 a year), a typical home costs 8.8 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.
Lynnwood8.8 years
Snohomish6.3 years
Washington5.8 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Snohomish County
According to FHFA’s house price index, home prices in Snohomish County rose 128% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Snohomish County.
Yearly change in FHFA’s price index in Snohomish County, 2016 to 2025
2016: +11.6% +11.6% 2016
2017: +12.2% +12.2% 2017
2018: +10.1% +10.1% 2018
2019: +4.4% +4.4% 2019
2020: +5.0% +5.0% 2020
2021: +16.2% +16.2% 2021
2022: +18.1% +18.1% 2022
2023: +1.9% +1.9% 2023
2024: +6.5% +6.5% 2024
2025: +1.3% +1.3% 2025
Change in FHFA’s price index in Snohomish County, Washington and the United States
Period
County
Washington
U.S.
Last year (2025)
+1.3%
+1.8%
+2.9%
5 years (2020–2025)
+51%
+44%
+47%
10 years (2015–2025)
+128%
+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
Lynnwood next to Snohomish 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
Lynnwood$686,900
Snohomish$696,000
Washington$564,600
United States$332,700
Typical monthly rent
Lynnwood$1,742
Snohomish$1,949
Washington$1,760
United States$1,413
Typical yearly household income
Lynnwood$77,704
Snohomish$111,246
Washington$98,141
United States$80,734
See the full table
Lynnwood next to Snohomish County and Washington
Measure
Lynnwood
Snohomish County
Washington
U.S.
Typical home value
$686,900
$696,000
$564,600
$332,700
Typical monthly rent
$1,742 ▼11% below the county
$1,949
$1,760
$1,413
Typical yearly household income
$77,704 ▼30% below the county
$111,246
$98,141
$80,734
Households that own their home
51% ▼17 points below the county
68%
64%
65%
Typical yearly property tax
$5,167 ▼4% below the county
$5,364
$4,556
$3,119
Effective property tax rate
0.75% ▼0.02 points below the county
0.77%
0.81%
0.94%
Renters with high rent for their income
61% ▲8 points above the county
54%
50%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Snohomish 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 Lynnwood
For a typical $686,900 home in Lynnwood, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Lynnwood's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$5,588a month
Least cash to close
Down payment
$24,042
Cash to close
$44,649
Rate
7.18%
Mortgage insurance
FHA MIP · $304
Conventional, 5% down$5,462a month
Down payment
$34,345
Cash to close
$54,952
Rate
7.18%
Mortgage insurance
PMI · $326
Conventional, 20% down, no PMI$4,438a month
Down payment
$137,380
Cash to close
$157,987
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$5,073a month
Down payment
$103,035
Cash to close
$123,642
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Lynnwood
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$5,588
$24,042
$674,459
7.18%
FHA MIP · $304
$44,649
580
Conventional, 5% down
$5,462
$34,345
$652,555
7.18%
PMI · $326
$54,952
620*
Conventional, 20% down, no PMI
$4,438
$137,380
$549,520
7.18%
None
$157,987
620*
ITIN, 15% down (example)
$5,073
$103,035
$583,865
8.18%
None
$123,642
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
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.
Typical rent in Lynnwood is $1,742 a month: 11% below the county. In Lynnwood, 61% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Snohomish 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.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Snohomish County (Fiscal year 2027)
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 Lynnwood
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Lynnwood has 2 ZIP codes with their own.
For 2 bedrooms it runs from $2,170 in 98036 to $2,330 in 98037.
None is above the fair market rent for Snohomish County ($2,549).
Fair market rent by ZIP code and size in Lynnwood, fiscal year 2027.
98036
$1,780
$1,860
$2,170
$2,830
$3,370
98037
$1,910
$1,990
$2,330
$3,040
$3,610
ZIP code2 bd3 bd
98036 $2,170$2,830
98037 $2,330$3,040
2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Lynnwood 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 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 28 buildings with rents for lower incomes in Lynnwood. These are the largest.
Urban Center Apartments (ash Way)15907 Ash Way, Lynnwood 98087395 homes, 393 low-income · 1 bd: 240 · 2 bd: 135 · 3 bd: 20 · In service since 2014
Citycenter Apartments3720 196th St SW, Lynnwood 98036347 homes, 345 low-income · Studio: 64 · 1 bd: 268 · 2 bd: 15 · In service since 2018
Reserve at Lynnwood19815 Scriber Lake Rd, Lynnwood 98036295 homes, 293 low-income · Studio: 22 · 1 bd: 258 · 2 bd: 15 · In service since 2020
Scriber Creek20921 44th Ave W, Lynnwood 98036276 homes, 272 low-income · 1 bd: 66 · 2 bd: 83 · 3 bd: 60 · 4 bd: 67 · In service since 2017 · For people with disabilities, families
Woodland Greens19801 50th Ave W, Lynnwood 98036240 homes, 237 low-income · 1 bd: 120 · 2 bd: 120 · In service since 1998 · For people with disabilities
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 is 1 HUD-approved agency with an office in Snohomish County; 1 says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Lynnwood or Snohomish County. The ones below are statewide in Washington: they work in Lynnwood the same as in the rest of the state.
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.
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.
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.
No legal help resource on our list is for Lynnwood or Snohomish County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Lynnwood and all of Snohomish 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 Lynnwood?
The typical home value in Lynnwood is $686,900, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Snohomish County it is $696,000.
How much does it cost to rent in Lynnwood?
Typical rent in Lynnwood is $1,742 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Snohomish County is $2,549.
What is the FHA loan limit in Lynnwood?
Lynnwood uses the FHA limit for all of Snohomish 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 Lynnwood?
The typical homeowner in Lynnwood pays $5,167 a year, according to the U.S. Census Bureau. That is 0.75% of the home’s value; in Snohomish County, the rate is 0.77%.
Where can I find free help to buy or rent in Lynnwood?
There is 1 HUD-approved counseling agency with an office in Snohomish County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.
