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Affordable
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These days, finding an affordable place to live in the 98008 area can be challenging. Home prices in 98008 are now at a median cost of $1,173,171, higher than the Washington average of $621,115.
The average cost of rent is $2,885/mo in 98008, primarily driven by the current value of real estate in the 98008 area. In 98008, 31.66% of households rent, and 39.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98008 is $14,893 per month. Households that rent pay about 19.37% of their income on rent here. 98008’s most expensive areas are in the eastern regions, while the cheapest areas are in the western 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
- 98007, WA: less expensive homes
- 98005, WA: higher priced homes
- 98074, WA: higher priced homes
- 98004, WA: higher priced homes
- 98006, WA: higher priced homes
- 98052, WA: equally priced homes
- 98075, WA: higher priced homes
- 98039, WA: higher priced homes
- 98033, WA: higher priced homes
- 98040, WA: higher priced homes
Zip Codes with Similar Populations
- 04901, ME: less expensive homes
- 88201, NM: less expensive homes
- 90240, CA: less expensive homes
- 91010, CA: less expensive homes
- 02119, MA: less expensive homes
- 44106, OH: less expensive homes
- 40505, KY: less expensive homes
- 40258, KY: less expensive homes
- 38122, TN: less expensive homes
- 35749, AL: less expensive homes
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