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These days, finding an affordable place to live in the 98118 area can be challenging. Home prices in 98118 are now at a median cost of $629,124, higher than the Washington average of $453,663.
The average cost of rent is $1,795/mo in 98118, primarily driven by the current value of real estate in the 98118 area. While nearly 26.07% of residents own their homes outright in 98118, 38.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in 98118 is $8,482 per month. Households that rent pay about 21.16% of their income on rent here. 98118's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 98108, WA: equally priced homes
- 98040, WA: higher priced homes
- 98178, WA: less expensive homes
- 98144, WA: higher priced homes
- 98106, WA: less expensive homes
- 98168, WA: less expensive homes
- 98134, WA: less expensive homes
- 98146, WA: less expensive homes
- 98126, WA: equally priced homes
- 98056, WA: equally priced homes
Zip Codes with Similar Populations
- 93611, CA: less expensive homes
- 32303, FL: less expensive homes
- 32304, FL: less expensive homes
- 32708, FL: less expensive homes
- 32738, FL: less expensive homes
- 33179, FL: less expensive homes
- 33324, FL: less expensive homes
- 33461, FL: less expensive homes
- 33614, FL: less expensive homes
- 33615, FL: less expensive homes
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