Mortgage Rates in Puyallup, Washington — March 2026
Updated March 2026 | Based on Puyallup market data and regional lending conditions
Puyallup is a growing city in Washington with a population of 43,505. The current 30-year fixed mortgage rate in Puyallup is 6.79%, which is 0.14% above the national average. With a median home price of $560,000 and a 20% down payment of $112,000, homebuyers can expect a monthly principal and interest payment of approximately $2,918.
Current Mortgage Rates in Puyallup, WA
Below are the current average mortgage rates available in the Puyallup area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.79% | 6.65% | +0.14% |
| 15-Year Fixed | 6.02% | 5.89% | +0.13% |
| 5/1 ARM | 6.27% | 6.15% | +0.12% |
| FHA | 6.52% | 6.25% | +0.27% |
| VA | 6.27% | 6.05% | +0.22% |
| Jumbo | 7.04% | 6.85% | +0.19% |
Puyallup Housing Market Overview
The Puyallup housing market is competitive with prices well above the national median. The median household income in Puyallup is $73,800, and the cost of living index is 117.9 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $143,657 to comfortably afford the median-priced home in Puyallup, which exceeds the current median household income.
Monthly Payment Breakdown for Puyallup
Based on the median home price of $560,000 with 20% down ($112,000), here is what you can expect to pay monthly in Puyallup:
15-Year vs. 30-Year Mortgage in Puyallup
Choosing a 15-year mortgage in Puyallup at 6.02% instead of a 30-year at 6.79% would save you $369,180 in total interest over the life of the loan. However, your monthly payment would be $3,785 instead of $2,918 — an increase of $867 per month.
Calculate Your Puyallup Mortgage Payment
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Open Free CalculatorFrequently Asked Questions About Mortgages in Puyallup
What are the current mortgage rates in Puyallup, WA?
As of March 2026, the average 30-year fixed mortgage rate in Puyallup, Washington is 6.79%, while the 15-year fixed rate is 6.02%. FHA loans average 6.52% and VA loans 6.27%. These rates are 0.14% above the national average of 6.65%.
How much is a monthly mortgage payment in Puyallup?
Based on the median home price of $560,000 with 20% down, the estimated monthly mortgage payment in Puyallup is $2,918 for principal and interest. Including property taxes of $434/month, the total monthly housing cost is approximately $3,352.
What income do I need to buy a home in Puyallup?
Using the 28% rule, you would need an annual income of approximately $143,657 to afford the median-priced home in Puyallup at $560,000. The median household income in Puyallup is $73,800. This means most households would need to either earn above the median or consider homes below $560,000.
Is Puyallup a good place to buy a home in 2026?
Puyallup has a moderate cost of living with a cost of living index of 117.9 (national average = 100). The property tax rate in Washington is 0.93%, which is near the national average. Puyallup has a population of 43,505 and offers a balanced lifestyle.
Mortgage Rates in Other Washington Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Puyallup, Washington area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.