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These days, finding an affordable place to live in the 98198 area can be challenging. Home prices in 98198 are now at a median cost of $571,024, lower than the Washington average of $621,115.
The average cost of rent is $1,872/mo in 98198, primarily driven by the current value of real estate in the 98198 area. In 98198, 47.31% of households rent, and 46.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98198 is $7,096 per month. Households that rent pay about 26.38% of their income on rent here. 98198’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern 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
- 98032, WA: less expensive homes
- 98148, WA: equally priced homes
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- 98166, WA: higher priced homes
- 98003, WA: less expensive homes
- 98031, WA: equally priced homes
- 98030, WA: equally priced homes
- 98001, WA: equally priced homes
- 98055, WA: equally priced homes
- 98168, WA: equally priced homes
Zip Codes with Similar Populations
- 84107, UT: less expensive homes
- 46062, IN: less expensive homes
- 46168, IN: less expensive homes
- 46203, IN: less expensive homes
- 46224, IN: less expensive homes
- 46410, IN: less expensive homes
- 46901, IN: less expensive homes
- 47630, IN: less expensive homes
- 78132, TX: equally priced homes
- 80906, CO: equally priced homes
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