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These days, finding an affordable place to live in the 98115 area can be challenging. Home prices in 98115 are now at a median cost of $1,096,170, higher than the Washington average of $621,115.
The average cost of rent is $2,436/mo in 98115, primarily driven by the current value of real estate in the 98115 area. In 98115, 39.52% of households rent, and 35.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98115 is $13,850 per month. Households that rent pay about 17.59% of their income on rent here. 98115’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern 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
- 98105, WA: equally priced homes
- 98195, WA: less expensive homes
- 98103, WA: equally priced homes
- 98125, WA: less expensive homes
- 98117, WA: equally priced homes
- 98107, WA: less expensive homes
- 98112, WA: higher priced homes
- 98102, WA: less expensive homes
- 98133, WA: less expensive homes
- 98109, WA: less expensive homes
Zip Codes with Similar Populations
- 92656, CA: less expensive homes
- 43229, OH: less expensive homes
- 43302, OH: less expensive homes
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- 45840, OH: less expensive homes
- 48228, MI: less expensive homes
- 60056, IL: less expensive homes
- 60616, IL: less expensive homes
- 75061, TX: less expensive homes
- 91605, CA: less expensive homes
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