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These days, finding an affordable place to live in the 98206 area can be challenging. Home prices in 98206 are now at a median cost of $594,500, lower than the Washington average of $621,115.
The average cost of rent is $2,650/mo in 98206, primarily driven by the current value of real estate in the 98206 area. In 98206, 17.37% of households rent, and 22.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98206 is $10,182 per month. Households that rent pay about 26.03% of their income on rent here. 98206’s most expensive areas are in the central regions, while the cheapest areas are in the central 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
- 98236, WA: higher priced homes
- 98201, WA: less expensive homes
- 98260, WA: higher priced homes
- 98203, WA: equally priced homes
- 98275, WA: higher priced homes
- 98271, WA: equally priced homes
- 98270, WA: equally priced homes
- 98249, WA: higher priced homes
- 98258, WA: higher priced homes
Zip Codes with Similar Populations
- 01655, MA: less expensive homes
- 02662, MA: higher priced homes
- 02877, RI: less expensive homes
- 04267, ME: less expensive homes
- 04402, ME: less expensive homes
- 04431, ME: less expensive homes
- 04565, ME: less expensive homes
- 05481, VT: less expensive homes
- 04954, ME: less expensive homes
- 97709, OR: less expensive homes
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