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These days, finding an affordable place to live in the 98112 area can be challenging. Home prices in 98112 are now at a median cost of $1,234,489, higher than the Washington average of $453,663.
The average cost of rent is $2,176/mo in 98112, primarily driven by the current value of real estate in the 98112 area. While nearly 38.28% of residents own their homes outright in 98112, 34.89% rent.
Housing affordability isn’t just about home prices, though. The average household income in 98112 is $12,724 per month. Households that rent pay about 17.10% of their income on rent here. 98112's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
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