City · 12,165 residents · Kitsap County, Washington
Poulsbo, Washington
In Poulsbo, a typical home is worth $620,100 and typical rent is $1,886 a month. Compared with all of Kitsap County, the typical home value is 12% higher, typical household income is 12% higher, and the share of households that own their home is 11 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $608,864 to $663,190.
Typical rent
$2,420a month
▲ 3.5% more than 12 months ago
Typical rent from Zillow, December 2021 to September 2026: from $1,977 to $2,420.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Poulsbo is in Kitsap County. The FHA loan limit ($616,400 for a one-unit home), the fair market rents and the help on this page are those of all of Kitsap County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in Tracyton, the typical home value is $470,200: 24% less than in Poulsbo ($620,100).
2
59% of households in Poulsbo own their home, against 70% in Kitsap County.
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Poulsbo
What homes there are in Poulsbo, 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
Poulsbo
Kitsap County
Washington
United States
Kind of home: Poulsbo and its comparisons
Measure
Poulsbo
Kitsap County
Washington
United States
Detached house
67%
71%
62%
61%
Attached house
Unreliable estimate
4%
4%
6%
Building of 2 to 4
Unreliable estimate
6%
6%
8%
Apartments (5 or more)
27%
13%
22%
19%
Mobile home
Unreliable estimate
6%
6%
6%
Boat, RV and other
Unreliable estimate
0%
0%
0%
Detached houses are the majority in Poulsbo (67%), but less so than in Kitsap County (71%).
Year built
Before 19601960–19791980–19992000–20092010 or later
Poulsbo
Kitsap County
Washington
United States
Year built: Poulsbo and its comparisons
Measure
Poulsbo
Kitsap County
Washington
United States
Before 1960
10%
17%
21%
26%
1960–1979
16%
22%
23%
24%
1980–1999
30%
35%
27%
25%
2000–2009
18%
14%
15%
14%
2010 or later
27%
12%
14%
11%
Homes in Poulsbo are newer: the typical year built is 1996; in Kitsap County, 1986.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200KUnreliable
$200K–$300KUnreliable
$300K–$500K20%
$500K–$750K46%
$750K–$1M22%
$1M or moreUnreliable
Value of owner-occupied homes: Poulsbo and its comparisons
Measure
Poulsbo
Under $100K
Unreliable estimate
$100K–$200K
Unreliable estimate
$200K–$300K
Unreliable estimate
$300K–$500K
20%
$500K–$750K
46%
$750K–$1M
22%
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,499Unreliable
$1,500–$1,99926%
$2,000–$2,49910%
$2,500–$2,99914%
$3,000 or more20%
Monthly rent with utilities: Poulsbo and its comparisons
Measure
Poulsbo
Under $500
Unreliable estimate
$500–$999
Unreliable estimate
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
26%
$2,000–$2,499
10%
$2,500–$2,999
14%
$3,000 or more
20%
With a mortgage
$2,479 a month
Kitsap County: $2,330 a month
Without a mortgage
$759 a month
Kitsap County: $758 a month
Owners with a mortgage
74%
Kitsap County: 68%
The typical cost for an owner with a mortgage in Poulsbo is $2,479 a month, more than in Kitsap County ($2,330); without one, $759.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Poulsbo+72%
Kitsap County+68%
Washington+67%
United States+53%
Typical rent
Poulsbo+39%
Kitsap County+46%
Washington+40%
United States+33%
Typical household income
Poulsbo+58%
Kitsap County+38%
Washington+33%
United States+29%
Change since 2015–2019: Poulsbo and its comparisons
Measure
Poulsbo
Kitsap County
Washington
United States
Typical home value
+72%
+68%
+67%
+53%
Typical rent
+39%
+46%
+40%
+33%
Typical household income
+58%
+38%
+33%
+29%
The typical home value in Poulsbo rose 72% since 2015–2019, more than in Kitsap County (68%).
Rents in Poulsbo rose more slowly than in Kitsap County: 39% since 2015–2019, against 46%.
To compare: typical income in Poulsbo rose 58%; the home, +72%; the rent, +39%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Poulsbo and its comparisons
Measure
Poulsbo
Kitsap County
Washington
United States
Rental vacancy
Unreliable estimate
4.3%
4.5%
5.5%
Homeowner vacancy
Unreliable estimate
1.0%
0.7%
0.9%
More than one person per room
Unreliable estimate
2.1%
3.5%
3.4%
People per household
2.24
2.49
2.50
2.53
Drive alone
56%
63%
63%
69%
Carpool
Unreliable estimate
9%
9%
9%
Public transit
7%
5%
3%
3%
Walk or bike
Unreliable estimate
5%
4%
3%
Work from home
24%
16%
20%
15%
Other means
Unreliable estimate
2%
1%
2%
Typical commute
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
Households in Poulsbo are smaller: 2.24 people on average; in Kitsap County, 2.49.
In Poulsbo, 24% of workers work from home, more than in Kitsap County (16%).
Do the math
What would you pay each month for a home in Poulsbo?
A typical home costs more than the typical income allows
We start with a typical home in Poulsbo, worth $620,100, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 52% of the typical household income in Poulsbo, which is $116,250 a year. For that payment to be 28% of income, a household would need to earn about $215,767 a year.
The calculator's FHA and conventional loan limits are those of all of Kitsap 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 Poulsbo. 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 $21,704 (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
$5,035
at 7.18% · 30 years
Loan amount
$608,868
Total interest
$876,018
Paid off in
November 2056
Includes $10,472 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $2,713 a month
Tight
$2,713 to $3,488 a month
Hard
more than $3,488 a month
Your payment · 52%
Compared with the typical household income in Poulsbo ($116,250 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$4,125
Property tax
$377
Home insurance
$258
FHA mortgage insurance (MIP)
$274
You need at least $21,704 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 $5,035; principal and interest $4,125.
The city and its county
Poulsbo and Kitsap County
Poulsbo is in Kitsap 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).
Poulsbo
Map of Kitsap County, Washington, with Poulsbo marked. Around it, the neighboring counties.
Poulsbo
Kitsap County
Other cities with a page
Poulsbo's own numbers
Typical home value
$620,100
Typical monthly rent
$1,886
Typical yearly household income
$116,250
Households that own their home
59%
Effective property tax rate
0.73%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Kitsap County
FHA limit, one-unit home
$616,400
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,967
Price change over 5 years (FHFA)
+41%
Homes in a high flood-risk zone
1.1%
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 Kitsap County.
A typical home in Poulsbo is worth $620,100: 12% above the county and 10% above Washington. With the typical household income in Poulsbo ($116,250 a year), a typical home costs 5.3 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.
Poulsbo5.3 years
Kitsap5.3 years
Washington5.8 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Kitsap County
According to FHFA’s house price index, home prices in Kitsap County rose 114% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Kitsap County.
Yearly change in FHFA’s price index in Kitsap County, 2016 to 2025
2016: +10.0% +10.0% 2016
2017: +10.1% +10.1% 2017
2018: +10.7% +10.7% 2018
2019: +6.9% +6.9% 2019
2020: +5.9% +5.9% 2020
2021: +15.1% +15.1% 2021
2022: +15.8% +15.8% 2022
2023: −0.3% −0.3% 2023
2024: +3.4% +3.4% 2024
2025: +2.7% +2.7% 2025
Change in FHFA’s price index in Kitsap County, Washington and the United States
Period
County
Washington
U.S.
Last year (2025)
+2.7%
+1.8%
+2.9%
5 years (2020–2025)
+41%
+44%
+47%
10 years (2015–2025)
+114%
+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
Poulsbo next to Kitsap 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
Poulsbo$620,100
Kitsap$555,100
Washington$564,600
United States$332,700
Typical monthly rent
Poulsbo$1,886
Kitsap$1,822
Washington$1,760
United States$1,413
Typical yearly household income
Poulsbo$116,250
Kitsap$104,158
Washington$98,141
United States$80,734
See the full table
Poulsbo next to Kitsap County and Washington
Measure
Poulsbo
Kitsap County
Washington
U.S.
Typical home value
$620,100 ▲12% above the county
$555,100
$564,600
$332,700
Typical monthly rent
$1,886 ▲4% above the county
$1,822
$1,760
$1,413
Typical yearly household income
$116,250 ▲12% above the county
$104,158
$98,141
$80,734
Households that own their home
59% ▼11 points below the county
70%
64%
65%
Typical yearly property tax
$4,503 ▲5% above the county
$4,279
$4,556
$3,119
Effective property tax rate
0.73% ▼0.04 points below the county
0.77%
0.81%
0.94%
Renters with high rent for their income
48% ▼5 points below the county
53%
50%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Kitsap 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 Poulsbo
For a typical $620,100 home in Poulsbo, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Poulsbo's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$5,035a month
Least cash to close
Down payment
$21,704
Cash to close
$40,307
Rate
7.18%
Mortgage insurance
FHA MIP · $274
Conventional, 5% down$4,921a month
Down payment
$31,005
Cash to close
$49,608
Rate
7.18%
Mortgage insurance
PMI · $295
Conventional, 20% down, no PMI$3,996a month
Down payment
$124,020
Cash to close
$142,623
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$4,570a month
Down payment
$93,015
Cash to close
$111,618
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Poulsbo
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$5,035
$21,704
$608,868
7.18%
FHA MIP · $274
$40,307
580
Conventional, 5% down
$4,921
$31,005
$589,095
7.18%
PMI · $295
$49,608
620*
Conventional, 20% down, no PMI
$3,996
$124,020
$496,080
7.18%
None
$142,623
620*
ITIN, 15% down (example)
$4,570
$93,015
$527,085
8.18%
None
$111,618
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 Poulsbo is $1,886 a month: 4% above the county. In Poulsbo, 48% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Kitsap County, by unit size. To pay the 2-bedroom one ($1,967 a month) without spending more than 30% of your income, you would need to earn $37.83 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 Kitsap County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,370
$26.35
$54,800
1 bedroom
$1,535
$29.52
$61,400
2 bedrooms
$1,967
$37.83
$78,680
3 bedrooms
$2,637
$50.71
$105,480
4 bedrooms
$2,804
$53.92
$112,160
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 Poulsbo
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Poulsbo is in ZIP code 98370.
For 2 bedrooms it is $2,040: $73 more than the fair market rent for Kitsap County ($1,967).
Fair market rent by ZIP code and size in Poulsbo, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
98370
$1,420
$1,590
$2,040
$2,740
$2,910
ZIP code2 bd3 bd
98370 $2,040$2,740
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Poulsbo 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 3 buildings with rents for lower incomes in Poulsbo. These are the largest.
Hostmark at Village Cove703 NE Hostmark St, Poulsbo 98370120 low-income homes · 1 bd: 117 · 2 bd: 3 · In service since 2004 · For older adults, people with disabilities(360) 779-4687
Winton Woods Phase II20043 Winton Ln NW, Poulsbo 9837043 homes, 42 low-income · 1 bd: 7 · 2 bd: 27 · 3 bd: 9 · In service since 1996 · For families
Fjord Vista II Family Housing19495 1st Ave NE, Poulsbo 9837016 low-income homes · 2 bd: 14 · 3 bd: 2 · In service since 2004
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 2 HUD-approved agencies with an office in Kitsap County; 1 says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Poulsbo or Kitsap County. The ones below are statewide in Washington: they work in Poulsbo 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 Poulsbo or Kitsap 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 Poulsbo and all of Kitsap 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 Poulsbo?
The typical home value in Poulsbo is $620,100, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Kitsap County it is $555,100.
How much does it cost to rent in Poulsbo?
Typical rent in Poulsbo is $1,886 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Kitsap County is $1,967.
What is the FHA loan limit in Poulsbo?
Poulsbo uses the FHA limit for all of Kitsap County (2026): $616,400 for a one-unit home and $1,185,400 for a four-unit home.
How much property tax do owners pay in Poulsbo?
The typical homeowner in Poulsbo pays $4,503 a year, according to the U.S. Census Bureau. That is 0.73% of the home’s value; in Kitsap County, the rate is 0.77%.
Where can I find free help to buy or rent in Poulsbo?
There are 2 HUD-approved counseling agencies with an office in Kitsap County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.
