Lake Forest Park, WA Real Estate

According to census data in the year 2000 there were 5,243 housing units in Lake Forest Park. This represents a 247.9% growth from 1,507 in 1990.

Of those housing units, 5,243 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Lake Forest Park is about 80.5%. Lake Forest Park's vacancy rate, including seasonal lodging, is about 3.1%. Average household size is 2.58 people.

The majority of houses, apartments or condos in Lake Forest Park were built after 1965.


Housing Size

Housing Units by Size
Studio Type1.80%
One Bedroom6.70%
Two Bedrooms16.90%
Three Bedrooms37.90%
Four Bedrooms28.60%
Five Bedrooms or more8.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.73
Median year structure was built1964
Median Value of occupied units$263,300
Median Price asked for vacant units$275,000

Rented Homes, Apartments and Condos

Average Household Size1.99
Median year structure was built1971
Median Monthly Rent asked for vacant units$936

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage8.90%
Home Equity Loan9.60%
Simple Mortgage53.20%
Debt Free27.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.8%