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These days, finding an affordable place to live in the 98201 area can be challenging. Home prices in 98201 are now at a median cost of $522,807, lower than the Washington average of $621,115.
The average cost of rent is $1,596/mo in 98201, primarily driven by the current value of real estate in the 98201 area. In 98201, 55.37% of households rent, and 27.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98201 is $6,867 per month. Households that rent pay about 23.24% of their income on rent here. 98201’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
- 98207, WA: less expensive homes
- 98203, WA: higher priced homes
- 98205, WA: higher priced homes
- 98258, WA: higher priced homes
- 98270, WA: equally priced homes
- 98206, WA: higher priced homes
- 98204, WA: less expensive homes
- 98208, WA: higher priced homes
- 98275, WA: higher priced homes
- 98290, WA: higher priced homes
Zip Codes with Similar Populations
- 06708, CT: less expensive homes
- 11727, NY: less expensive homes
- 11901, NY: less expensive homes
- 17202, PA: less expensive homes
- 20853, MD: higher priced homes
- 21133, MD: less expensive homes
- 21771, MD: higher priced homes
- 95204, CA: less expensive homes
- 76049, TX: less expensive homes
- 92124, CA: higher priced homes
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