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These days, finding an affordable place to live in the 98037 area can be challenging. Home prices in 98037 are now at a median cost of $718,995, higher than the Washington average of $621,115.
The average cost of rent is $2,069/mo in 98037, primarily driven by the current value of real estate in the 98037 area. In 98037, 42.46% of households rent, and 34.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98037 is $9,609 per month. Households that rent pay about 21.53% of their income on rent here. 98037’s most expensive areas are in the eastern regions, while the cheapest areas are in the central 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
- 98087, WA: equally priced homes
- 98036, WA: equally priced homes
- 98026, WA: higher priced homes
- 98043, WA: equally priced homes
- 98012, WA: higher priced homes
- 98204, WA: less expensive homes
- 98020, WA: higher priced homes
- 98275, WA: higher priced homes
- 98021, WA: higher priced homes
- 98208, WA: equally priced homes
Zip Codes with Similar Populations
- 46131, IN: less expensive homes
- 37110, TN: less expensive homes
- 37172, TN: less expensive homes
- 37217, TN: less expensive homes
- 98144, WA: higher priced homes
- 97355, OR: less expensive homes
- 97086, OR: equally priced homes
- 95482, CA: less expensive homes
- 44004, OH: less expensive homes
- 44070, OH: less expensive homes
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