Cost of Living in Ferry County, Washington

$703/mo
Median Monthly Rent
$274,500
Median Home Value

At a Glance

Median Monthly Rent
$703/mo
42% below state average
Median Home Value
$274,500
3% below national
Rent-to-Income Ratio
23.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Ferry County Compares

Median monthly rent comparison

Ferry County$703/mo
Washington Average$1,202/mo
National Median$1,163/mo

Detailed Housing Stats

$703/mo
Median Gross Rent
$274,500
Median Home Value
$695/mo
Monthly Owner Cost
23.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Ferry County ranks #781 of 3,144 counties for affordability (top 25%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Ferry County, Washington

Ferry offers rare rental bargain territory

Ferry County's rent-to-income ratio of 15.4% is exceptional—well below the national renter burden of roughly 28–30%. At just $703 monthly rent, residents earning a median of $54,650 enjoy one of the most affordable rental markets in the state.

Washington's affordability champion

Ferry County ranks among Washington's most affordable counties, with a rent-to-income ratio of 15.4% compared to the state average of 18.8%. This 3.4-percentage-point advantage reflects genuinely low housing costs in a rural, less-developed market.

Significantly cheaper than all peers

Ferry County's $703 rent dramatically undercuts neighboring Douglas ($1,234) and Grant ($1,059) counties, and its $274,500 median home value is the lowest in this regional cluster. This rural county trades urban amenities for some of Washington's most accessible housing.

Minimal housing burden across the board

Both renters ($703/month) and homeowners ($695/month) spend roughly 15% of household income on housing, freeing up income for other needs. This is the lowest burden ratio among the eight counties examined, reflecting Ferry's cost-of-living advantage.

Ferry County for those prioritizing affordability

If housing cost is your primary concern and you can embrace a rural lifestyle, Ferry County offers genuine affordability rarely seen in Washington. Your income stretches furthest here, though job opportunities and services are more limited than in larger counties.

Cost of Living Advisory: Ferry County

Affordability Verdict

Ferry County is affordable for renters, with a median gross rent of $703/month representing approximately 15.4% of median household income. The rent burden (GRAPI) stands at 23.0%.

Rent vs. Own

At $703/month rent versus $695/month in owner costs, owning is roughly $8/month cheaper — a 1% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $28,120/year. For owner costs at the 28% rule, the required income is roughly $29,786/year. With a median household income of $54,650, most households can comfortably afford rent here. Notably, 23.0% of renter households in Ferry County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Garfield County where rent averages $768/month, Ferry County is approximately 8% less expensive.

Affordability Calculator

See how your income compares to housing costs in Ferry County

$

Rent Burden

15.4%

of gross income

Max Housing (28% Rule)

$1,275

per month

Owner Cost Burden

15.3%

of gross income

The median home in Ferry County may be a stretch

Median home value is $274,500. Estimated monthly cost: $2,191 vs. your max of $1,275.

Rent Affordability Guide

Your rent-to-income ratio15.4%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $54,650Needed: $28,120
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $54,650Needed: $29,786
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? No
Your income: $54,650Needed: $63,884

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Ferry County, Washington?
Ferry County, Washington has a median monthly rent of $703/mo and a median home value of $274,500. The affordability rating is Unaffordable, with rent making up approximately 23.0% of median household income.
What is the median rent in Ferry County?
The median gross rent in Ferry County is $703/mo. This is 42% below state average for Washington.
Is Ferry County affordable?
Ferry County is rated Unaffordable based on rent-to-income ratio of 23.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Ferry County's rent compare to the state average?
Ferry County's median rent of $703/mo is 42% below state average of $1,202/mo for Washington.
What is the median home value in Ferry County?
The median home value in Ferry County, Washington is $274,500. This is 3% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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