Mortgage Rates in Tukwila, Washington — March 2026
Updated March 2026 | Based on Tukwila market data and regional lending conditions
Tukwila is a growing city in Washington with a population of 22,107. The current 30-year fixed mortgage rate in Tukwila is 6.71%, which is 0.06% above the national average. With a median home price of $549,000 and a 20% down payment of $109,800, homebuyers can expect a monthly principal and interest payment of approximately $2,837.
Current Mortgage Rates in Tukwila, WA
Below are the current average mortgage rates available in the Tukwila 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 | 6.71% | 6.65% | +0.06% |
| 15-Year Fixed | 5.96% | 5.89% | +0.07% |
| 5/1 ARM | 6.23% | 6.15% | +0.08% |
| FHA | 6.48% | 6.25% | +0.23% |
| VA | 6.23% | 6.05% | +0.18% |
| Jumbo | 6.96% | 6.85% | +0.11% |
Tukwila Housing Market Overview
The Tukwila housing market is competitive with prices well above the national median. The median household income in Tukwila is $68,900, and the cost of living index is 117.6 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $140,786 to comfortably afford the median-priced home in Tukwila, which exceeds the current median household income.
Monthly Payment Breakdown for Tukwila
Based on the median home price of $549,000 with 20% down ($109,800), here is what you can expect to pay monthly in Tukwila:
15-Year vs. 30-Year Mortgage in Tukwila
Choosing a 15-year mortgage in Tukwila at 5.96% instead of a 30-year at 6.71% would save you $355,860 in total interest over the life of the loan. However, your monthly payment would be $3,697 instead of $2,837 — an increase of $860 per month.
Calculate Your Tukwila Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Tukwila
What are the current mortgage rates in Tukwila, WA?
As of March 2026, the average 30-year fixed mortgage rate in Tukwila, Washington is 6.71%, while the 15-year fixed rate is 5.96%. FHA loans average 6.48% and VA loans 6.23%. These rates are 0.06% above the national average of 6.65%.
How much is a monthly mortgage payment in Tukwila?
Based on the median home price of $549,000 with 20% down, the estimated monthly mortgage payment in Tukwila is $2,837 for principal and interest. Including property taxes of $448/month, the total monthly housing cost is approximately $3,285.
What income do I need to buy a home in Tukwila?
Using the 28% rule, you would need an annual income of approximately $140,786 to afford the median-priced home in Tukwila at $549,000. The median household income in Tukwila is $68,900. This means most households would need to either earn above the median or consider homes below $549,000.
Is Tukwila a good place to buy a home in 2026?
Tukwila has a moderate cost of living with a cost of living index of 117.6 (national average = 100). The property tax rate in Washington is 0.98%, which is near the national average. Tukwila has a population of 22,107 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 Tukwila, Washington area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.