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These days, finding an affordable place to live in the 98020 area can be challenging. Home prices in 98020 are now at a median cost of $1,088,229, higher than the Washington average of $621,115.
The average cost of rent is $2,018/mo in 98020, primarily driven by the current value of real estate in the 98020 area. In 98020, 25.38% of households rent, and 41.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98020 is $12,318 per month. Households that rent pay about 16.39% of their income on rent here. 98020’s most expensive areas are in the southwestern 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
- 98026, WA: less expensive homes
- 98043, WA: less expensive homes
- 98177, WA: equally priced homes
- 98036, WA: less expensive homes
- 98155, WA: less expensive homes
- 98133, WA: less expensive homes
- 98037, WA: less expensive homes
- 98087, WA: less expensive homes
- 98028, WA: less expensive homes
- 98125, WA: less expensive homes
Zip Codes with Similar Populations
- 04092, ME: less expensive homes
- 22026, VA: less expensive homes
- 20017, DC: less expensive homes
- 44654, OH: less expensive homes
- 60403, IL: less expensive homes
- 55362, MN: less expensive homes
- 55309, MN: less expensive homes
- 54501, WI: less expensive homes
- 48094, MI: less expensive homes
- 47265, IN: less expensive homes
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