Affordable & Income-Based Housing in Lynnwood

Affordability in Lynnwood, WA

The median gross rent in Lynnwood is $1,742 per month, against a median household income of $77,704 per year, according to Census ACS 5-Year data (2024). Nearly half of Lynnwood residents -- 49% -- are renters, reflecting strong demand for affordable housing options in the city.

Safety

According to FBI Crime Data Explorer data reported by the Lynnwood Police Department, Lynnwood had a violent crime rate of 264 per 100,000 residents in 2024. Keep in mind that crime rates are not directly comparable across cities due to differences in reporting practices and definitions.

Getting Around Lynnwood

The assisted properties in Lynnwood score a 52 (Somewhat Walkable) for walkability, a 45 (Some Transit) for transit, and a 49 for bikeability, according to Walk Score. These scores reflect the area immediately surrounding the assisted properties, not the city as a whole.

Schools

Lynnwood is served by 20 schools across 2 districts -- including 12 elementary, 3 middle, and 5 high schools -- according to the NCES Common Core of Data. Quality and programs vary by school and district, so renters should look up the assigned schools for any specific address they are considering.

Cost of Living in Lynnwood, WA

The median household income in Lynnwood is $77,704 per year, according to Census ACS 5-Year data. The median market rent sits at $1,742 per month, according to Census ACS 5-Year data, which can make affordable housing options a meaningful resource for renters in the area.

• Median household income: $77,704/year (Census ACS 5-Year)
• Median market rent: $1,742/month (Census ACS 5-Year)
• Renter households: 49% of occupied housing units (Census ACS 5-Year)
• HUD-assisted units available: 232 across 7 properties in Lynnwood

Nearly half of Lynnwood households rent, and income-restricted units in the city can offer significant savings compared to market-rate rents.

Environmental Exposure

All 7 affordable housing properties in Lynnwood have been mapped for flood risk, and none are located in a high-risk flood zone. Flood exposure appears low across this portfolio.