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These days, finding an affordable place to live in the 98007 area can be challenging. Home prices in 98007 are now at a median cost of $956,680, higher than the Washington average of $621,115.
The average cost of rent is $2,348/mo in 98007, primarily driven by the current value of real estate in the 98007 area. In 98007, 61.51% of households rent, and 39.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98007 is $11,426 per month. Households that rent pay about 20.55% of their income on rent here. 98007’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 98005, WA: higher priced homes
- 98008, WA: higher priced homes
- 98004, WA: higher priced homes
- 98052, WA: higher priced homes
- 98006, WA: higher priced homes
- 98039, WA: higher priced homes
- 98033, WA: higher priced homes
- 98074, WA: higher priced homes
- 98040, WA: higher priced homes
- 98075, WA: higher priced homes
Zip Codes with Similar Populations
- 02072, MA: less expensive homes
- 96813, HI: less expensive homes
- 95363, CA: less expensive homes
- 95219, CA: less expensive homes
- 95133, CA: higher priced homes
- 92110, CA: equally priced homes
- 91803, CA: less expensive homes
- 91316, CA: higher priced homes
- 90302, CA: less expensive homes
- 84044, UT: less expensive homes
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