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These days, finding an affordable place to live in the 98087 area can be challenging. Home prices in 98087 are now at a median cost of $669,836, higher than the Washington average of $621,115.
The average cost of rent is $2,282/mo in 98087, primarily driven by the current value of real estate in the 98087 area. In 98087, 45.95% of households rent, and 22.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98087 is $9,508 per month. Households that rent pay about 24.00% of their income on rent here. 98087’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern 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
- 98037, WA: equally priced homes
- 98204, WA: less expensive homes
- 98012, WA: higher priced homes
- 98275, WA: higher priced homes
- 98036, WA: higher priced homes
- 98208, WA: equally priced homes
- 98026, WA: higher priced homes
- 98043, WA: equally priced homes
- 98021, WA: higher priced homes
- 98203, WA: equally priced homes
Zip Codes with Similar Populations
- 37620, TN: less expensive homes
- 06106, CT: less expensive homes
- 99507, AK: less expensive homes
- 85018, AZ: higher priced homes
- 40517, KY: less expensive homes
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- 33881, FL: less expensive homes
- 20877, MD: less expensive homes
- 71203, LA: less expensive homes
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