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These days, finding an affordable place to live in the 98121 area can be challenging. Home prices in 98121 are now at a median cost of $893,059, higher than the Washington average of $621,115.
The average cost of rent is $2,487/mo in 98121, primarily driven by the current value of real estate in the 98121 area. In 98121, 77.87% of households rent, and 27.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98121 is $12,909 per month. Households that rent pay about 19.27% of their income on rent here. 98121’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
- 98101, WA: equally priced homes
- 98109, WA: equally priced homes
- 98164, WA: less expensive homes
- 98104, WA: less expensive homes
- 98102, WA: equally priced homes
- 98122, WA: equally priced homes
- 98119, WA: higher priced homes
- 98134, WA: less expensive homes
- 98112, WA: higher priced homes
- 98144, WA: equally priced homes
Zip Codes with Similar Populations
- 33181, FL: less expensive homes
- 85648, AZ: less expensive homes
- 92082, CA: equally priced homes
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- 94706, CA: higher priced homes
- 95110, CA: higher priced homes
- 53029, WI: less expensive homes
- 50702, IA: less expensive homes
- 80620, CO: less expensive homes
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