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These days, finding an affordable place to live in the 98203 area can be challenging. Home prices in 98203 are now at a median cost of $613,711, lower than the Washington average of $621,115.
The average cost of rent is $1,950/mo in 98203, primarily driven by the current value of real estate in the 98203 area. In 98203, 32.03% of households rent, and 29.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98203 is $9,117 per month. Households that rent pay about 21.39% of their income on rent here. 98203’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern 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
- 98204, WA: less expensive homes
- 98201, WA: less expensive homes
- 98208, WA: higher priced homes
- 98275, WA: higher priced homes
- 98087, WA: higher priced homes
- 98205, WA: higher priced homes
- 98206, WA: equally priced homes
- 98012, WA: higher priced homes
- 98037, WA: higher priced homes
Zip Codes with Similar Populations
- 17404, PA: less expensive homes
- 55016, MN: less expensive homes
- 96782, HI: higher priced homes
- 95401, CA: equally priced homes
- 93711, CA: less expensive homes
- 92672, CA: higher priced homes
- 91776, CA: higher priced homes
- 89002, NV: less expensive homes
- 84045, UT: equally priced homes
- 80031, CO: less expensive homes
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