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These days, finding an affordable place to live in the 98045 area can be challenging. Home prices in 98045 are now at a median cost of $980,541, higher than the Washington average of $621,115.
The average cost of rent is $2,530/mo in 98045, primarily driven by the current value of real estate in the 98045 area. In 98045, 16.34% of households rent, and 24.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98045 is $15,445 per month. Households that rent pay about 16.38% of their income on rent here. 98045’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern 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
- 98065, WA: equally priced homes
- 98024, WA: higher priced homes
- 98050, WA: higher priced homes
- 98051, WA: less expensive homes
- 98029, WA: higher priced homes
- 98027, WA: equally priced homes
- 98075, WA: higher priced homes
- 98038, WA: less expensive homes
- 98010, WA: less expensive homes
- 98068, WA: less expensive homes
Zip Codes with Similar Populations
- 75601, TX: less expensive homes
- 35206, AL: less expensive homes
- 36426, AL: less expensive homes
- 36619, AL: less expensive homes
- 37874, TN: less expensive homes
- 37909, TN: less expensive homes
- 38343, TN: less expensive homes
- 39051, MS: less expensive homes
- 39204, MS: less expensive homes
- 42754, KY: less expensive homes
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