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These days, finding an affordable place to live in the 98207 area can be challenging. Home prices in 98207 are now at a median cost of $459,846, lower than the Washington average of $621,115.
The average cost of rent is $1,525/mo in 98207, primarily driven by the current value of real estate in the 98207 area. In 98207, 54.89% of households rent, and 41.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98207 is $6,570 per month. Households that rent pay about 23.22% of their income on rent here. 98207’s most expensive areas are in the northeastern 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
- 98201, WA: higher priced homes
- 98203, WA: higher priced homes
- 98206, WA: higher priced homes
- 98205, WA: higher priced homes
- 98270, WA: higher priced homes
- 98204, WA: equally priced homes
- 98258, WA: higher priced homes
- 98208, WA: higher priced homes
- 98275, WA: higher priced homes
- 98236, WA: higher priced homes
Zip Codes with Similar Populations
- 38543, TN: less expensive homes
- 79547, TX: less expensive homes
- 79244, TX: less expensive homes
- 79063, TX: less expensive homes
- 41835, KY: less expensive homes
- 41555, KY: less expensive homes
- 41263, KY: less expensive homes
- 40953, KY: less expensive homes
- 40827, KY: less expensive homes
- 38760, MS: less expensive homes
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