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These days, finding an affordable place to live in the 98027 area can be challenging. Home prices in 98027 are now at a median cost of $1,005,688, higher than the Washington average of $621,115.
The average cost of rent is $2,530/mo in 98027, primarily driven by the current value of real estate in the 98027 area. In 98027, 32.35% of households rent, and 25.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98027 is $13,625 per month. Households that rent pay about 18.57% of their income on rent here. 98027’s most expensive areas are in the northeastern 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
- 98029, WA: higher priced homes
- 98075, WA: higher priced homes
- 98059, WA: less expensive homes
- 98050, WA: higher priced homes
- 98006, WA: higher priced homes
- 98056, WA: less expensive homes
- 98074, WA: higher priced homes
- 98008, WA: higher priced homes
- 98058, WA: less expensive homes
- 98024, WA: higher priced homes
Zip Codes with Similar Populations
- 11416, NY: less expensive homes
- 70592, LA: less expensive homes
- 45240, OH: less expensive homes
- 46804, IN: less expensive homes
- 55446, MN: less expensive homes
- 58554, ND: less expensive homes
- 60077, IL: less expensive homes
- 60087, IL: less expensive homes
- 60091, IL: less expensive homes
- 60646, IL: less expensive homes
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