Cost of living in Lynnwood, WA — Housing, Rent & Index

The median home value in Lynnwood, WA is $786,227 as of 2026-04. That places Lynnwood above the US average for housing cost, with a cost index of approximately 221 versus a national baseline of 100.

Over the past 12 months, the median home value in Lynnwood has fallen 2.5%, and over the past five years it has averaged +5.0% annual growth. The current price sits -3.4% from its 5-year peak in 2025-02.

Renters pay a median of $2,118 per month in Lynnwood. Rents have changed +0.3% over the last year and averaged +4.7% per year over five years.

Beyond housing, day-to-day costs in Lynnwood are shaped by state and local taxes, utility rates, transportation, and groceries. This page focuses on the housing component, which is the largest single line in most household budgets and the easiest to compare across cities using consistent national data.